Signet Jewelers Ltd (SIG)
Debt-to-capital ratio
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 0 | 0 | 147,400 | 147,100 | 146,700 |
| Total stockholders’ equity | US$ in thousands | 1,851,800 | 2,166,500 | 1,578,600 | 1,564,000 | 1,190,300 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.09 | 0.09 | 0.11 |
February 1, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $0K ÷ ($0K + $1,851,800K)
= 0.00
Signet Jewelers Ltd's debt-to-capital ratio has shown a declining trend over the past few years. As of February 1, 2025, the company's debt-to-capital ratio has decreased to 0.00, indicating that the company has no debt relative to its capital. This suggests that Signet Jewelers Ltd has a strong capital structure with minimal reliance on debt financing. It is important to note that a lower debt-to-capital ratio implies lower financial risk and greater financial stability for the company. Overall, Signet Jewelers Ltd's decreasing debt-to-capital ratio is a positive indicator of the company's financial health and stability.