Cash flow Signet Jewelers Limited

Equities

SIG

BMG812761002

Apparel & Accessories Retailers

Market Closed - Nyse Other stock markets 04:02:31 2025-01-22 pm EST			5-day change	1st Jan Change
59.37 ^USD	+3.58%		+2.36%	-26.44%

Jan. 16	UBS Lowers Price Target on Signet Jewelers to $98 From $127, Keeps Buy Rating	MT
Jan. 14	Sector Update: Consumer Stocks Retreat in Late Afternoon Trading	MT

162b7fb30bc85f95ba7e90121c545._GQ5HkSxvwRxYw-w2AQBySy4yyQ_tvvovvWhHctLY9Y.kFIJWj3e5Xc1JWXRmVxUilnpqnRe-5e5-sLwLbwlJY-xJUhPIYn1T0kXRg

Published financial data: SIGNET JEWELERS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2020	2021	2022	2023	2024
Revenues	6.14B	5.23B	7.83B	7.84B	7.17B
Interest And Invest. Income (Rev)	-	-	-	-	-
Total Revenues	6.14B	5.23B	7.83B	7.84B	7.17B
Cost of Goods Sold, Total	3.9B	3.52B	4.74B	4.78B	4.35B
Gross Profit	2.23B	1.71B	3.09B	3.07B	2.83B
Selling General & Admin Expenses, Total	1.91B	1.56B	2.19B	2.35B	2.2B
Provision for Bad Debts	-	-	-1M	-	-
Other Operating Expenses	-7.7M	-3.5M	-6.8M	-6.8M	4.8M
Other Operating Expenses, Total	1.9B	1.56B	2.18B	2.34B	2.2B
Operating Income	330M	150M	909M	724M	620M
Interest Expense, Total	-35.6M	-32M	-16.9M	-13.5M	-
Interest And Investment Income	-	4.2M	6.5M	-	18.7M
Net Interest Expenses	-35.6M	-27.8M	-10.4M	-13.5M	18.7M
Currency Exchange Gains (Loss)	-3.1M	2.2M	-3.1M	-12.9M	-100K
Other Non Operating Income (Expenses)	-300K	-500K	400K	-2M	2.3M
EBT, Excl. Unusual Items	290M	124M	896M	695M	641M
Restructuring Charges	-79.1M	-47.6M	3.3M	-	-11.8M
Merger & Related Restructuring Charges	-	-	-11.8M	-17.6M	-
Impairment of Goodwill	-47.7M	-10.7M	-	-	-
Gain (Loss) On Sale Of Investments	-1M	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	12.3M
Asset Writedown	-	-148M	-1.5M	-22.7M	-4.8M
Legal Settlements	-33.2M	-7.5M	-1.7M	-204M	3M
Other Unusual Items	200K	-	-	-	-200K
EBT, Incl. Unusual Items	130M	-89.7M	884M	451M	640M
Income Tax Expense	24.2M	-74.5M	114M	74.5M	-171M
Earnings From Continuing Operations	106M	-15.2M	770M	377M	810M
Net Income to Company	106M	-15.2M	770M	377M	810M
Net Income - (IS)	106M	-15.2M	770M	377M	810M
Preferred Dividend and Other Adjustments	32.9M	33.5M	34.5M	34.5M	34.5M
Net Income to Common Incl Extra Items	72.6M	-48.7M	735M	342M	776M
Net Income to Common Excl. Extra Items	72.6M	-48.7M	735M	342M	776M
Per Share Items
Net EPS - Basic	1.4	-0.94	14.01	7.34	17.28
Basic EPS - Continuing Operations	1.4	-0.94	14.01	7.34	17.28
Basic Weighted Average Shares Outstanding	51.7M	52M	52.5M	46.6M	44.9M
Net EPS - Diluted	1.4	-0.94	12.22	6.64	15.01
Diluted EPS - Continuing Operations	1.4	-0.94	12.22	6.64	15.01
Diluted Weighted Average Shares Outstanding	51.8M	52M	63M	56.7M	54M
Normalized Basic EPS	3.51	1.5	10.67	9.33	8.93
Normalized Diluted EPS	3.51	1.5	8.89	7.66	7.42
Dividend Per Share	1.48	-	0.54	0.8	0.92
Payout Ratio	102.94	-178.95	5.66	18.45	8.98
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	502M	321M	1.07B	886M	732M
EBITA	325M	146M	907M	724M	620M
EBIT	330M	150M	909M	724M	620M
EBITDAR	1.09B	882M	1.64B	1.45B	1.28B
Effective Tax Rate - (Ratio)	18.66	83.05	12.95	16.51	-26.66
Current Foreign Taxes	4.9M	-222M	116M	174M	9.7M
Total Current Taxes	4.9M	-222M	116M	174M	9.7M
Deferred Foreign Taxes	19.3M	147M	-1.2M	-99.3M	-180M
Total Deferred Taxes	19.3M	147M	-1.2M	-99.3M	-180M
Normalized Net Income	182M	77.75M	560M	435M	401M
Non-Cash Pension Expense	-1.1M	-500K	2.5M	139M	2.7M
Supplemental Operating Expense Items
Advertising Expense	389M	343M	527M	556M	523M
Selling and Marketing Expenses	389M	343M	527M	556M	523M
Net Rental Expense, Total	585M	561M	568M	565M	548M
Imputed Operating Lease Interest Expense	107M	70.78M	49.21M	43.83M	-
Imputed Operating Lease Depreciation	478M	490M	519M	521M	-
Stock-Based Comp., Other (Total)	16.9M	14.5M	45.8M	42M	41.1M
Total Stock-Based Compensation	16.9M	14.5M	45.8M	42M	41.1M

Fiscal Period: February	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	374M	1.17B	1.42B	1.17B	1.38B
Total Cash And Short Term Investments	374M	1.17B	1.42B	1.17B	1.38B
Accounts Receivable, Total	-	83.6M	18.3M	14.5M	9.4M
Other Receivables	40.7M	51.7M	23.2M	9.6M	9.4M
Total Receivables	40.7M	135M	41.5M	24.1M	18.8M
Inventory	2.33B	2.03B	2.06B	2.15B	1.94B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	408M	242M	210M	166M	202M
Total Current Assets	3.15B	3.58B	3.73B	3.51B	3.54B
Gross Property Plant And Equipment	3.49B	3.17B	3.03B	2.99B	2.94B
Accumulated Depreciation	-1.06B	-1.2B	-1.25B	-1.35B	-1.44B
Net Property Plant And Equipment	2.43B	1.97B	1.78B	1.64B	1.5B
Long-term Investments	16.7M	-	12.3M	9.6M	7.8M
Goodwill	249M	238M	485M	752M	754M
Other Intangibles, Total	264M	179M	314M	407M	403M
Deferred Tax Assets Long-Term	4.7M	16.4M	37.3M	36.7M	300M
Deferred Charges Long-Term	80M	85.1M	168M	220M	258M
Other Long-Term Assets, Total	105M	111M	45.3M	52.5M	53.2M
Total Assets	6.3B	6.18B	6.58B	6.62B	6.81B
Liabilities
Accounts Payable, Total	228M	813M	900M	879M	735M
Accrued Expenses, Total	432M	483M	491M	424M	388M
Short-term Borrowings	87.5M	-	-	-	-
Current Portion of Long-Term Debt	8.1M	-	-	-	148M
Current Portion of Leases	338M	377M	300M	288M	260M
Current Income Taxes Payable	27.7M	26M	28M	72.7M	69.8M
Unearned Revenue Current, Total	266M	289M	341M	370M	363M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	265M	10.7M	10.2M	215M	11.8M
Total Current Liabilities	1.65B	2B	2.07B	2.25B	1.98B
Long-Term Debt	516M	147M	147M	147M	-
Long-Term Leases	1.44B	1.15B	1.01B	895M	836M
Unearned Revenue Non Current	732M	783M	858M	880M	882M
Pension & Other Post Retirement Benefits	-	-	7.7M	-	-
Deferred Tax Liability Non Current	5.2M	159M	161M	118M	202M
Other Non Current Liabilities	117M	111M	110M	100M	96M
Total Liabilities	4.46B	4.35B	4.36B	4.39B	3.99B
Preferred Stock Convertible	617M	642M	652M	654M	656M
Total Preferred Equity	617M	642M	652M	654M	656M
Common Stock, Total	12.6M	12.6M	12.6M	12.6M	12.6M
Additional Paid In Capital	245M	259M	231M	260M	231M
Retained Earnings	2.24B	2.19B	2.88B	3.14B	3.84B
Treasury Stock	-985M	-980M	-1.21B	-1.57B	-1.65B
Comprehensive Income and Other	-293M	-290M	-350M	-264M	-265M
Total Common Equity	1.22B	1.19B	1.56B	1.58B	2.17B
Total Equity	1.84B	1.83B	2.22B	2.23B	2.82B
Total Liabilities And Equity	6.3B	6.18B	6.58B	6.62B	6.81B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	52.35M	52.34M	49.87M	45.22M	44.5M
ECS Total Common Shares Outstanding	52.3M	52.3M	49.9M	44.9M	44.2M
Book Value / Share	23.38	22.76	31.34	35.16	49.02
Tangible Book Value	710M	773M	765M	420M	1.01B
Tangible Book Value Per Share	13.58	14.79	15.33	9.34	22.83
Total Debt	2.39B	1.67B	1.45B	1.33B	1.24B
Net Debt	2.01B	499M	33.9M	164M	-135M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-38.5M	-51.6M	7.7M	-1.1M	-
Debt Equivalent Oper. Leases	4.68B	4.49B	4.55B	4.52B	4.38B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	56.2M	45.3M	75.8M	89.2M	49.4M
Inventories - Finished Goods, Total	2.28B	1.99B	1.98B	2.06B	1.89B
Land - (BS)	23.4M	21.8M	21.7M	21M	20.2M
Machinery, Total	800M	792M	832M	891M	932M
Full Time Employees	26.13K	21.7K	30.86K	29.66K	27.99K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: February	2020	2021	2022	2023	2024
Net Income	106M	-15.2M	770M	377M	810M
Depreciation & Amortization - CF	177M	175M	162M	162M	112M
Amortization of Goodwill and Intangible Assets - (CF)	-4.6M	-4.5M	-2.2M	500K	100K
Depreciation & Amortization, Total	172M	171M	160M	163M	112M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	48.2M
(Gain) Loss From Sale Of Asset	-	-	-	-	-12.3M
Asset Writedown & Restructuring Costs	73.6M	174M	1.5M	22.7M	9.1M
Provision for Credit Losses	-	-	-	-	-
Stock-Based Compensation (CF)	16.9M	14.5M	45.8M	42M	41.1M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	5.7M	138M	-7.5M	41.6M	-170M
Change In Accounts Receivable	-15.2M	-50.1M	12.4M	5.5M	5.1M
Change In Inventories	48.8M	308M	198M	-16.5M	182M
Change In Accounts Payable	77.2M	578M	35.7M	-102M	-134M
Change in Unearned Revenues	30.8M	73.1M	100M	27.9M	-7M
Change In Income Taxes	600K	-45.5M	-6.7M	98.5M	-3M
Change in Other Net Operating Assets	39.3M	27.3M	-52.8M	138M	-334M
Cash from Operations	556M	1.37B	1.26B	798M	547M
Capital Expenditure	-136M	-83M	-130M	-139M	-126M
Sale of Property, Plant, and Equipment	500K	-	-	-	-
Cash Acquisitions	-	-	-516M	-392M	-6M
Divestitures	-	-	-	-	53.8M
Investment in Marketable and Equity Securities, Total	-5M	5.2M	2.7M	-	-
Other Investing Activities, Total	-	-	-	-14.7M	1.9M
Cash from Investing	-141M	-77.8M	-643M	-545M	-75.8M
Short Term Debt Issued, Total	47.5M	-	-	-	-
Long-Term Debt Issued, Total	958M	900M	-	-	-
Total Debt Issued	1.01B	900M	-	-	-
Short Term Debt Repaid, Total	-	-87.4M	-	-	-
Long-Term Debt Repaid, Total	-1.12B	-1.27B	-	-	-
Total Debt Repaid	-1.12B	-1.36B	-	-	-
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-312M	-376M	-139M
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-77.4M	-19.4M	-19M	-36.6M	-39.9M
Preferred Dividends Paid	-31.2M	-7.8M	-24.6M	-32.9M	-32.9M
Common & Preferred Stock Dividends Paid	-109M	-27.2M	-43.6M	-69.5M	-72.8M
Other Financing Activities, Total	-9.5M	-14M	-11.2M	-44.4M	-47.6M
Cash from Financing	-237M	-499M	-367M	-490M	-260M
Foreign Exchange Rate Adjustments	1.2M	2.1M	-2.2M	-14M	500K
Net Change in Cash	179M	798M	246M	-252M	212M
Supplemental Items
Cash Interest Paid	34.7M	30.5M	14.8M	11.7M	15.9M
Cash Income Tax Paid (Refund)	5.7M	-176M	121M	74.6M	13M
Levered Free Cash Flow	381M	950M	881M	671M	254M
Unlevered Free Cash Flow	404M	970M	891M	679M	254M
Change In Net Working Capital	-145M	-773M	-247M	-161M	210M
Net Debt Issued / Repaid	-119M	-457M	-	-	-

Fiscal Period: February	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.84	1.51	8.91	6.86	5.77
Return on Total Capital	6.08	2.43	15.85	12.51	10.17
Return On Equity %	5.77	-0.83	38.03	16.94	32.07
Return on Common Equity	5.99	-4.04	53.4	21.78	41.44
Margin Analysis
Gross Profit Margin %	36.38	32.67	39.45	39.09	39.4
SG&A Margin	31.14	29.86	27.94	29.95	30.68
EBITDA Margin %	8.18	6.14	13.66	11.3	10.21
EBITA Margin %	5.29	2.79	11.59	9.23	8.65
EBIT Margin %	5.37	2.88	11.62	9.23	8.65
Income From Continuing Operations Margin %	1.72	-0.29	9.84	4.8	11.3
Net Income Margin %	1.72	-0.29	9.84	4.8	11.3
Net Avail. For Common Margin %	1.18	-0.93	9.4	4.36	10.82
Normalized Net Income Margin	2.96	1.49	7.16	5.54	5.59
Levered Free Cash Flow Margin	6.22	18.17	11.25	8.55	3.54
Unlevered Free Cash Flow Margin	6.58	18.55	11.39	8.66	3.54
Asset Turnover
Asset Turnover	1.15	0.84	1.23	1.19	1.07
Fixed Assets Turnover	3.81	2.38	4.17	4.59	4.57
Receivables Turnover (Average Receivables)	-	88.59	153.6	478.18	600.09
Inventory Turnover (Average Inventory)	1.65	1.61	2.32	2.27	2.13
Short Term Liquidity
Current Ratio	1.91	1.79	1.8	1.56	1.79
Quick Ratio	0.25	0.65	0.7	0.53	0.71
Operating Cash Flow to Current Liabilities	0.34	0.69	0.61	0.35	0.28
Days Sales Outstanding (Average Receivables)	-	4.11	2.37	0.76	0.62
Days Outstanding Inventory (Average Inventory)	219.96	225.69	157.21	160.44	174.45
Average Days Payable Outstanding	18.04	58.81	65.39	66.52	72.46
Cash Conversion Cycle (Average Days)	-	170.99	94.19	94.67	102.61
Long Term Solvency
Total Debt/Equity	129.78	91.2	65.53	59.59	44.07
Total Debt / Total Capital