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Signet Jewelers (Signet Jewelers) Debt-to-EBITDA

: 0.70 (As of Jan. 2024)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Signet Jewelers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $408 Mil. Signet Jewelers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $836 Mil. Signet Jewelers's annualized EBITDA for the quarter that ended in Jan. 2024 was $1,768 Mil. Signet Jewelers's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.70.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Signet Jewelers's Debt-to-EBITDA or its related term are showing as below:

SIG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.26   Med: 1.57   Max: 14.13
Current: 1.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Signet Jewelers was 14.13. The lowest was -1.26. And the median was 1.57.

SIG's Debt-to-EBITDA is ranked better than
68.85% of 838 companies
in the Retail - Cyclical industry
Industry Median: 2.67 vs SIG: 1.58

Signet Jewelers Debt-to-EBITDA Historical Data

The historical data trend for Signet Jewelers's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Signet Jewelers Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.95 14.13 1.36 2.11 1.58

Signet Jewelers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.33 2.29 2.29 5.31 0.70

Competitive Comparison

For the Luxury Goods subindustry, Signet Jewelers's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Signet Jewelers Debt-to-EBITDA Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Signet Jewelers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Signet Jewelers's Debt-to-EBITDA falls into.



Signet Jewelers Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Signet Jewelers's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(408 + 835.7) / 789.6
=1.58

Signet Jewelers's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(408 + 835.7) / 1767.6
=0.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jan. 2024) EBITDA data.


Signet Jewelers  (NYSE:SIG) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Signet Jewelers Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Signet Jewelers's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Signet Jewelers (Signet Jewelers) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
Executives
Virginia Drosos director, officer: Chief Executive Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Howard A Melnick officer: Chief Information Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Mary Elizabeth Finn officer: Chief People Officer 770 BROADWAY, NEW YORK NY 10003
Stash Ptak officer: * See Remarks 375 GHENT RD, AKRON OH 44333
William Brace officer: See Remarks 375 GHENT RD, AKRON OH 44333
Joan M Hilson officer: Chief Financial Officer 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
Oded Edelman officer: President of JamesAllen.com CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Stephen E. Lovejoy officer: Chief Supply Chain Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Zackery A Hicks director C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Brian A Tilzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Rebecca Wooters officer: Chief Digital Officer 375 GHENT RD, AKRON OH 44333
Jamie Singleton officer: See Remarks 9797 ROMBAUER, DALLAS TX 75019
Helen Mccluskey director 2211 REDDING ROAD, FAIRFIELD CT 06430
Eugenia Ulasewicz director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
H. Todd Stitzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11