Signet Jewelers Balance Sheet Health

Financial Health criteria checks 6/6

Signet Jewelers has a total shareholder equity of $2.4B and total debt of $147.8M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are $6.2B and $3.7B respectively. Signet Jewelers's EBIT is $569.1M making its interest coverage ratio -26.2. It has cash and short-term investments of $729.3M.

Key information

6.1%

Debt to equity ratio

US$147.80m

Debt

Interest coverage ratio-26.2x
CashUS$729.30m
EquityUS$2.41b
Total liabilitiesUS$3.74b
Total assetsUS$6.15b

Recent financial health updates

Recent updates

Signet Jewelers: Shares Taking A Beating, But A Positive Inflection Approaches

Jun 13

Does Signet Jewelers (NYSE:SIG) Deserve A Spot On Your Watchlist?

Jun 05
Does Signet Jewelers (NYSE:SIG) Deserve A Spot On Your Watchlist?

Is There An Opportunity With Signet Jewelers Limited's (NYSE:SIG) 49% Undervaluation?

May 08
Is There An Opportunity With Signet Jewelers Limited's (NYSE:SIG) 49% Undervaluation?

Signet Jewelers (NYSE:SIG) Is Increasing Its Dividend To $0.29

Apr 25
Signet Jewelers (NYSE:SIG) Is Increasing Its Dividend To $0.29

Returns At Signet Jewelers (NYSE:SIG) Are On The Way Up

Apr 11
Returns At Signet Jewelers (NYSE:SIG) Are On The Way Up

Signet Jewelers (NYSE:SIG) Has Announced That It Will Be Increasing Its Dividend To $0.29

Mar 26
Signet Jewelers (NYSE:SIG) Has Announced That It Will Be Increasing Its Dividend To $0.29

If EPS Growth Is Important To You, Signet Jewelers (NYSE:SIG) Presents An Opportunity

Feb 27
If EPS Growth Is Important To You, Signet Jewelers (NYSE:SIG) Presents An Opportunity

Signet Jewelers: The Easy Money Has Been Made (Rating Downgrade)

Feb 20

Is Signet Jewelers (NYSE:SIG) Using Too Much Debt?

Jan 31
Is Signet Jewelers (NYSE:SIG) Using Too Much Debt?

Signet Jewelers Limited (NYSE:SIG) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jan 03
Signet Jewelers Limited (NYSE:SIG) Shares Could Be 42% Below Their Intrinsic Value Estimate

Market Might Still Lack Some Conviction On Signet Jewelers Limited (NYSE:SIG) Even After 28% Share Price Boost

Dec 20
Market Might Still Lack Some Conviction On Signet Jewelers Limited (NYSE:SIG) Even After 28% Share Price Boost

Why Signet Jewelers' (NYSE:SIG) Earnings Are Better Than They Seem

Dec 18
Why Signet Jewelers' (NYSE:SIG) Earnings Are Better Than They Seem

Signet Jewelers Has More Room To Run

Dec 05

Returns Are Gaining Momentum At Signet Jewelers (NYSE:SIG)

Nov 12
Returns Are Gaining Momentum At Signet Jewelers (NYSE:SIG)

Signet Jewelers: Too Cheap To Ignore

Oct 31

Is Signet Jewelers (NYSE:SIG) A Risky Investment?

Oct 26
Is Signet Jewelers (NYSE:SIG) A Risky Investment?

Here's Why We Think Signet Jewelers (NYSE:SIG) Might Deserve Your Attention Today

Sep 07
Here's Why We Think Signet Jewelers (NYSE:SIG) Might Deserve Your Attention Today

Signet Jewelers: Still A Nice Fit If You Can Handle The Volatility

Aug 18

Investors Will Want Signet Jewelers' (NYSE:SIG) Growth In ROCE To Persist

Aug 02
Investors Will Want Signet Jewelers' (NYSE:SIG) Growth In ROCE To Persist

We Think Signet Jewelers (NYSE:SIG) Can Stay On Top Of Its Debt

Jul 15
We Think Signet Jewelers (NYSE:SIG) Can Stay On Top Of Its Debt

Signet Jewelers: Luxurious Company At A Huge Discount

Jun 08

Signet Jewelers (NYSE:SIG) Is Looking To Continue Growing Its Returns On Capital

May 02
Signet Jewelers (NYSE:SIG) Is Looking To Continue Growing Its Returns On Capital

Does Signet Jewelers (NYSE:SIG) Have A Healthy Balance Sheet?

Apr 11
Does Signet Jewelers (NYSE:SIG) Have A Healthy Balance Sheet?

Signet: A Well Positioned Value Stock

Feb 17

Investors Met With Slowing Returns on Capital At Signet Jewelers (NYSE:SIG)

Jan 24
Investors Met With Slowing Returns on Capital At Signet Jewelers (NYSE:SIG)

Financial Position Analysis

Short Term Liabilities: SIG's short term assets ($2.9B) exceed its short term liabilities ($1.7B).

Long Term Liabilities: SIG's short term assets ($2.9B) exceed its long term liabilities ($2.0B).


Debt to Equity History and Analysis

Debt Level: SIG has more cash than its total debt.

Reducing Debt: SIG's debt to equity ratio has reduced from 38.4% to 6.1% over the past 5 years.

Debt Coverage: SIG's debt is well covered by operating cash flow (521.3%).

Interest Coverage: SIG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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