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| Date | Value |
|---|---|
| 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 |