Signet Jewelers Ltd (SIG)
Operating return on assets (Operating ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 621,500 | 574,700 | 609,800 | 706,400 | 604,900 | 637,800 | 696,300 | 734,900 | 903,400 | 792,900 | 725,700 | 410,600 | -57,700 | -126,400 | -206,000 | -138,700 | 158,300 | -148,400 | -157,300 | -193,000 |
| Total assets | US$ in thousands | 6,813,200 | 6,064,900 | 6,087,400 | 6,205,400 | 6,620,400 | 6,346,000 | 6,164,400 | 6,286,300 | 6,575,100 | 6,387,500 | 6,311,900 | 6,180,800 | 6,178,900 | 6,532,500 | 6,578,100 | 6,877,700 | 6,299,100 | 6,101,600 | 5,965,600 | 6,193,300 |
| Operating ROA | 9.12% | 9.48% | 10.02% | 11.38% | 9.14% | 10.05% | 11.30% | 11.69% | 13.74% | 12.41% | 11.50% | 6.64% | -0.93% | -1.93% | -3.13% | -2.02% | 2.51% | -2.43% | -2.64% | -3.12% |
February 3, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $621,500K ÷ $6,813,200K
= 9.12%
Operating return on assets (operating ROA) is a key financial ratio that measures a company's ability to generate earnings from its operational assets. Signet Jewelers Ltd has shown fluctuating performance in terms of operating ROA over the past few quarters.
The operating ROA ranged from -3.13% to 13.74% during the period under review. The highest operating ROA of 13.74% was recorded on Jan 29, 2022, indicating strong operational efficiency and profitability during that period. Conversely, the lowest operating ROA of -3.13% was reported on Aug 1, 2020, highlighting challenges in generating earnings from its operational assets during that quarter.
Overall, the company's operating ROA has shown some volatility, with fluctuations in performance observed across different quarters. Investors and stakeholders should closely monitor Signet Jewelers Ltd's operational efficiency and profitability trends to assess its financial health and performance.