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.