Signet Historical Income Statement
SIG Stock | USD 99.98 2.11 2.07% |
Historical analysis of Signet Jewelers income statement accounts such as Other Operating Expenses of 3.3 B, Operating Income of 652.6 M, EBIT of 344.6 M or Ebitda of 448.8 M can show how well Signet Jewelers performed in making a profits. Evaluating Signet Jewelers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Signet Jewelers's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Signet Jewelers latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Signet Jewelers is a good buy for the upcoming year.
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About Signet Income Statement Analysis
Signet Jewelers Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Signet Jewelers shareholders. The income statement also shows Signet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Signet Jewelers Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Signet Jewelers generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Signet Jewelers minus its cost of goods sold. It is profit before Signet Jewelers operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Signet Jewelers. It is also known as Signet Jewelers overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Signet Jewelers' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Signet Jewelers current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signet Jewelers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.At this time, Signet Jewelers' Total Operating Expenses is most likely to increase significantly in the upcoming years. The Signet Jewelers' current Income Before Tax is estimated to increase to about 671.8 M, while Interest Expense is projected to decrease to roughly 15 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1B | 3.1B | 2.8B | 3.0B | Total Revenue | 7.8B | 7.8B | 7.2B | 3.7B |
Signet Jewelers income statement Correlations
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Signet Jewelers Account Relationship Matchups
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Signet Jewelers income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 178M | 176M | 163.5M | 164.5M | 161.9M | 104.2M | |
Interest Expense | 35.6M | 32M | 16.9M | 13.5M | 15.5M | 15.0M | |
Total Revenue | 6.1B | 5.2B | 7.8B | 7.8B | 7.2B | 3.7B | |
Gross Profit | 2.2B | 1.7B | 3.1B | 3.1B | 2.8B | 3.0B | |
Other Operating Expenses | 5.9B | 5.1B | 6.9B | 7.2B | 6.5B | 3.3B | |
Operating Income | 393.5M | 147.5M | 903.4M | 604.9M | 621.5M | 652.6M | |
Ebit | 393.5M | (57.7M) | 901.3M | 464.7M | 639.8M | 344.6M | |
Ebitda | 571.5M | 118.3M | 1.1B | 629.2M | 801.7M | 448.8M | |
Cost Of Revenue | 3.9B | 3.5B | 4.7B | 4.8B | 4.3B | 2.6B | |
Total Operating Expenses | 1.9B | 1.6B | 2.2B | 2.4B | 2.2B | 2.3B | |
Income Before Tax | 129.7M | (89.7M) | 884.4M | 451.2M | 639.8M | 671.8M | |
Total Other Income Expense Net | (263.8M) | (32M) | (19M) | (153.7M) | 18.3M | 19.2M | |
Net Income | 105.5M | (15.2M) | 769.9M | 376.7M | 810.4M | 850.9M | |
Income Tax Expense | 24.2M | (74.5M) | 114.5M | 74.5M | (170.6M) | (162.1M) | |
Selling General Administrative | 1.5B | 1.2B | 1.7B | 1.7B | 1.7B | 908.6M | |
Net Income From Continuing Ops | 153.9M | (15.2M) | 769.9M | 376.7M | 810.4M | 850.9M | |
Net Income Applicable To Common Shares | 72.6M | (48.7M) | 735.4M | 342.2M | 393.5M | 288.3M | |
Selling And Marketing Expenses | 388.9M | 343M | 527M | 555.6M | 522.8M | 420.2M | |
Tax Provision | 24.2M | (74.5M) | 114.5M | 74.5M | (170.6M) | (162.1M) | |
Interest Income | 35.6M | 4.2M | 6.5M | 13.5M | 18.7M | 17.8M | |
Net Interest Income | (35.6M) | (32M) | (10.4M) | (13.5M) | 18.7M | 34.9M | |
Reconciled Depreciation | 172.5M | 170.6M | 163.5M | 164.5M | 161.9M | 137.0M |
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When determining whether Signet Jewelers is a strong investment it is important to analyze Signet Jewelers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Signet Jewelers' future performance. For an informed investment choice regarding Signet Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signet Jewelers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Signet Jewelers. If investors know Signet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Signet Jewelers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.138 | Dividend Share 1.04 | Earnings Share 8.67 | Revenue Per Share 154.687 | Quarterly Revenue Growth (0.08) |
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.