Signet Jewelers Ltd (SIG)
Return on assets (ROA)
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 61,200 | 586,800 | 591,500 | 765,100 | 810,400 | 461,500 | 487,300 | 557,600 | 376,700 | 413,700 | 468,800 | 548,000 | 769,900 | 709,900 | 626,600 | 320,300 | -15,200 | -90,700 | -135,500 | -89,900 |
| Total assets | US$ in thousands | 5,726,600 | 5,685,300 | 5,613,800 | 6,151,200 | 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 |
| ROA | 1.07% | 10.32% | 10.54% | 12.44% | 11.89% | 7.61% | 8.01% | 8.99% | 5.69% | 6.52% | 7.60% | 8.72% | 11.71% | 11.11% | 9.93% | 5.18% | -0.25% | -1.39% | -2.06% | -1.31% |
February 1, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $61,200K ÷ $5,726,600K
= 1.07%
Signet Jewelers Ltd has shown fluctuating return on assets (ROA) over the period from May 2, 2020, to February 1, 2025. The ROA started with negative figures, indicating that the company was not efficiently utilizing its assets to generate profits. However, the trend improved significantly from May 1, 2021, onwards, with a sharp increase in ROA, reaching a peak of 12.44% on May 4, 2024.
The company's ROA remained strong through 2022 and 2023 but experienced a slight decline in early 2024. Overall, Signet Jewelers Ltd demonstrated a positive performance in terms of ROA during the latter part of the period analyzed, apart from the decrease noted in February 2025. This indicates that the company efficiently utilized its assets to generate profits during most of the period, reflecting favorable financial management.