Signet Jewelers (SIG) Interest Expenses (2009 - 2023)

Signet Jewelers (SIG) reported Interest Expenses of $2.1 million for Q1 2023, down 53.33% year-over-year from $4.5 million in Q1 2022, and down 41.67% quarter-over-quarter from $3.6 million in Q4 2022.

Signet Jewelers (SIG) Interest Expenses (2009 - 2023) Analysis & Trends

Signet Jewelers (SIG) has 15 years of Interest Expenses data on file, last reported at $2.1 million in Q1 2023.

  • Interest Expenses for Q1 2023 came in at $2.1 million, down 53.33% year-over-year; the trailing twelve-month figure through Oct 2023 was $2.1 million (down 86.79% YoY), and the FY2023 annual result was $13.5 million, down 20.12% from the prior year.
  • Interest Expenses slipped to $2.1 million in Q1 2023 per SIG's latest filing, from $3.6 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $10.8 million in Q1 2019 and troughed at $2.1 million in Q1 2023.
  • A 5-year average of $6.4 million and a median of $6.4 million in 2021 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2021 and 2022: Interest Expenses plunged 54.95% in 2021, then grew 12.82% in 2022.
  • A 5-year view of Interest Expenses shows it stood at $8.6 million in 2019, then climbed by 5.81% to $9.1 million in 2020, then sank by 54.95% to $4.1 million in 2021, then decreased by 12.2% to $3.6 million in 2022, then plunged by 41.67% to $2.1 million in 2023.
  • Business Quant data shows SIG's Interest Expenses at $2.1 million in Q1 2023, $3.6 million in Q4 2022, and $3.4 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Tapestry 29.56 Bn 28.49 Bn 1.48 Bn -
2 Signet Jewelers 3.64 Bn 2.76 Bn 985.10 Mn -
3 Capri Holdings 2.42 Bn 2.27 Bn 623.00 Mn -
4 TheRealReal 1.48 Bn 1.36 Bn 141.33 Mn 7.22 Mn
5 Movado 851.68 Mn 622.56 Mn 103.63 Mn 150,000.00
6 Envela 711.92 Mn 673.30 Mn 20.62 Mn 78,772.00
7 LuxExperience B.V 18.43 Mn -337.64 Mn 329.37 Mn -3.99 Mn
8 Brilliant Earth 17.08 Mn 18.33 Mn 54.07 Mn -
9 Lanvin Group Holdings 212,903.55 -35.02 Mn - -
10 Birks - - - -

Historic Data

Download Data
DateValue
Jan 28, 2023 2.10 Mn
Jan 28, 2023 2.10 Mn
Oct 29, 2022 3.60 Mn
Oct 29, 2022 3.60 Mn
Jul 30, 2022 3.40 Mn
Jul 30, 2022 3.40 Mn
Apr 30, 2022 4.40 Mn
Apr 30, 2022 4.40 Mn
Jan 29, 2022 4.50 Mn
Jan 29, 2022 4.50 Mn
Oct 30, 2021 4.10 Mn
Oct 30, 2021 4.10 Mn
Jul 31, 2021 4.40 Mn
Jul 31, 2021 4.40 Mn
May 1, 2021 3.90 Mn
May 1, 2021 3.90 Mn
Jan 30, 2021 6.40 Mn
Jan 30, 2021 6.40 Mn
Oct 31, 2020 9.10 Mn
Oct 31, 2020 9.10 Mn