Signet Short Term Debt vs Long Term Debt Analysis
SIG Stock | USD 100.17 3.47 3.59% |
Signet Jewelers financial indicator trend analysis is much more than just breaking down Signet Jewelers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Signet Jewelers is a good investment. Please check the relationship between Signet Jewelers Short Term Debt and its Long Term Debt accounts. 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.
Short Term Debt vs Long Term Debt
Short Term Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signet Jewelers Short Term Debt account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Signet Jewelers' Short Term Debt and Long Term Debt is -0.53. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Signet Jewelers, assuming nothing else is changed. The correlation between historical values of Signet Jewelers' Short Term Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Signet Jewelers are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Debt i.e., Signet Jewelers' Short Term Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Long Term Debt
Long-term debt is a debt that Signet Jewelers has held for over one year. Long-term debt appears on Signet Jewelers balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Signet Jewelers balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Signet Jewelers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
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 fundamental ratios Correlations
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Signet Jewelers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Signet Jewelers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 6.2B | 6.6B | 6.6B | 6.8B | 3.4B | |
Short Long Term Debt Total | 2.4B | 1.7B | 1.5B | 1.3B | 1.2B | 752.8M | |
Other Current Liab | 724.7M | 116.8M | 501.6M | 638.7M | 400.2M | 338.7M | |
Total Current Liabilities | 1.7B | 2.0B | 2.1B | 2.2B | 2.0B | 2.1B | |
Total Stockholder Equity | 1.8B | 1.8B | 2.2B | 2.2B | 2.8B | 1.6B | |
Property Plant And Equipment Net | 2.4B | 2.0B | 1.8B | 1.6B | 1.5B | 1.6B | |
Net Debt | 2.0B | 498.8M | 33.9M | 163.5M | (135M) | (128.3M) | |
Retained Earnings | 2.2B | 2.2B | 2.9B | 3.1B | 3.8B | 4.0B | |
Cash | 374.5M | 1.2B | 1.4B | 1.2B | 1.4B | 1.4B | |
Non Current Assets Total | 3.1B | 2.6B | 2.8B | 3.1B | 3.3B | 3.4B | |
Non Currrent Assets Other | 181.4M | 180.4M | 213.8M | 272.1M | 311.5M | 327.1M | |
Cash And Short Term Investments | 374.5M | 1.2B | 1.4B | 1.2B | 1.4B | 1.4B | |
Net Receivables | 45.1M | 88.7M | 18.3M | 24.1M | 18.8M | 17.9M | |
Common Stock Shares Outstanding | 51.8M | 52M | 63M | 56.7M | 54M | 102.5M | |
Liabilities And Stockholders Equity | 6.3B | 6.2B | 6.6B | 6.6B | 6.8B | 3.4B | |
Non Current Liabilities Total | 2.8B | 2.3B | 2.3B | 2.1B | 2.0B | 2.1B | |
Inventory | 2.3B | 2.0B | 2.1B | 2.2B | 1.9B | 1.3B | |
Other Current Assets | 403.5M | 293.4M | 233.4M | 165.9M | 174.3M | 105.6M | |
Other Stockholder Equity | (739.5M) | (721.4M) | (975.5M) | (1.3B) | (1.4B) | (1.3B) | |
Total Liab | 4.5B | 4.3B | 4.4B | 4.4B | 4.0B | 4.2B | |
Property Plant And Equipment Gross | 2.4B | 2.0B | 1.8B | 1.6B | 2.9B | 3.1B | |
Total Current Assets | 3.2B | 3.6B | 3.7B | 3.5B | 3.5B | 2.4B | |
Accumulated Other Comprehensive Income | (293.4M) | (290.1M) | (350.5M) | (263.8M) | (264.9M) | (251.7M) | |
Short Term Debt | 433.8M | 754.6M | 300M | 288.2M | 408M | 253.4M | |
Accounts Payable | 227.9M | 812.6M | 899.8M | 879M | 735.1M | 771.9M | |
Other Liab | 853.3M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Net Tangible Assets | 1.3B | 773.3M | 765.2M | 419.5M | 482.4M | 458.3M | |
Other Assets | 189.8M | 212.2M | 251.1M | 308.8M | 28.2M | 26.8M | |
Long Term Debt | 515.9M | 146.7M | 147.1M | 147.4M | 169.5M | 161.0M | |
Good Will | 248.8M | 238M | 484.6M | 751.7M | 754.5M | 792.2M | |
Deferred Long Term Liab | 5.2M | 85.1M | 168.5M | 219.6M | 252.5M | 256.8M | |
Short Long Term Debt | 44M | 78.8M | 95.6M | 147.7M | 169.9M | 178.3M | |
Treasury Stock | (1.0B) | (984.9M) | (980.2M) | (1.2B) | (1.1B) | (1.0B) | |
Intangible Assets | 263.8M | 179M | 314.2M | 407.4M | 402.8M | 422.9M | |
Property Plant Equipment | 741.9M | 2.0B | 1.8B | 1.6B | 1.9B | 2.0B |
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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.