Signet Income Quality from 2010 to 2024

SIG Stock  USD 81.21  0.21  0.26%   
Signet Jewelers' Income Quality is decreasing over the last several years with very volatile swings. Income Quality is estimated to finish at 0.74 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.67485192
Current Value
0.74219774
Quarterly Volatility
2.33300313
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Signet Jewelers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Signet Jewelers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 104.2 M, Interest Expense of 15 M or Total Revenue of 3.7 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0057 or PTB Ratio of 3.44. Signet financial statements analysis is a perfect complement when working with Signet Jewelers Valuation or Volatility modules.
  
Check out the analysis of Signet Jewelers Correlation against competitors.
For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.

Latest Signet Jewelers' Income Quality Growth Pattern

Below is the plot of the Income Quality of Signet Jewelers over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Signet Jewelers' Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Signet Jewelers' overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Signet Income Quality Regression Statistics

Arithmetic Mean2.51
Geometric Mean1.52
Coefficient Of Variation93.06
Mean Deviation2.21
Median0.67
Standard Deviation2.33
Sample Variance5.44
Range4.6274
R-Value(0.09)
Mean Square Error5.82
R-Squared0.01
Significance0.76
Slope(0.04)
Total Sum of Squares76.20

Signet Income Quality History

2024 0.74
2020 0.67
2014 5.27

About Signet Jewelers Financial Statements

Signet Jewelers stakeholders use historical fundamental indicators, such as Signet Jewelers' Income Quality, to determine how well the company is positioned to perform in the future. Although Signet Jewelers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Signet Jewelers' assets and liabilities are reflected in the revenues and expenses on Signet Jewelers' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Signet Jewelers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 0.67  0.74 

Currently Active Assets on Macroaxis

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 the analysis of Signet Jewelers Correlation against competitors.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for 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
Earnings Share
8.55
Revenue Per Share
154.687
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0585
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.