Sally Net Income vs Change In Working Capital Analysis

SBH Stock

USD 10.58 0.27 2.49%

Sally Beauty financial indicator trend analysis is much more than just breaking down Sally Beauty Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sally Beauty Holdings is a good investment. Please check the relationship between Sally Beauty Net Income and its Change In Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sally Beauty Holdings Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sally Beauty's Net Income and Change In Working Capital is -0.35. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Sally Beauty Holdings, assuming nothing else is changed. The correlation between historical values of Sally Beauty's Net Income and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Sally Beauty Holdings are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Sally Beauty's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Sally Beauty Holdings financial statement analysis. It represents the amount of money remaining after all of Sally Beauty Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Sally Beauty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sally Beauty Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

As of now, Sally Beauty's Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	1.9B	2.2B	1.6B
Total Revenue	3.8B	3.7B	4.3B	3.4B

Gross Profit Total Revenue

Sally Beauty fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Non Currrent Assets Other	Property Plant And Equipment Gross	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.15	-0.11	-0.75	-0.57	0.84	0.72	0.73	0.72	0.84	0.43	0.91	0.66	0.77	0.12	0.64	0.52	0.94	0.41	0.49	-0.07	0.68	-0.75	0.77	0.79	0.63
Total Stockholder Equity	0.15		0.18	-0.45	0.12	-0.38	0.69	-0.1	0.69	-0.32	-0.43	0.15	0.1	-0.4	0.93	-0.36	0.14	0.44	-0.73	0.16	-0.51	-0.34	0.34	-0.42	-0.03	-0.1
Other Assets	-0.11	0.18		0.01	0.23	-0.22	0.06	-0.48	0.06	-0.16	-0.47	-0.29	-0.04	-0.34	0.2	-0.66	0.54	0.0	-0.27	0.57	-0.62	-0.47	0.46	-0.19	-0.5	-0.33
Common Stock Shares Outstanding	-0.75	-0.45	0.01		0.69	-0.46	-0.81	-0.41	-0.81	-0.49	0.06	-0.68	-0.8	-0.46	-0.57	-0.44	-0.26	-0.81	-0.05	-0.24	0.4	-0.51	0.41	-0.41	-0.73	-0.18
Other Stockholder Equity	-0.57	0.12	0.23	0.69		-0.64	-0.45	-0.5	-0.45	-0.66	-0.23	-0.57	-0.68	-0.72	-0.13	-0.61	-0.02	-0.49	-0.49	0.01	0.17	-0.63	0.62	-0.64	-0.74	-0.14
Total Liab	0.84	-0.38	-0.22	-0.46	-0.64		0.37	0.8	0.37	0.99	0.67	0.77	0.55	0.97	-0.36	0.82	0.42	0.62	0.83	0.38	0.23	0.85	-0.93	0.98	0.74	0.64
Property Plant And Equipment Net	0.72	0.69	0.06	-0.81	-0.45	0.37		0.5	1.0	0.44	0.04	0.7	0.51	0.36	0.69	0.24	0.43	0.85	-0.06	0.42	-0.39	0.3	-0.37	0.33	0.49	0.33
Non Currrent Assets Other	0.73	-0.1	-0.48	-0.41	-0.5	0.8	0.5		0.5	0.82	0.6	0.73	0.25	0.86	-0.17	0.77	0.15	0.6	0.65	0.11	0.47	0.81	-0.93	0.8	0.72	0.73
Property Plant And Equipment Gross	0.72	0.69	0.06	-0.81	-0.45	0.37	1.0	0.5		0.44	0.04	0.7	0.51	0.36	0.69	0.24	0.43	0.85	-0.06	0.42	-0.39	0.3	-0.37	0.33	0.49	0.33
Short Long Term Debt Total	0.84	-0.32	-0.16	-0.49	-0.66	0.99	0.44	0.82	0.44		0.64	0.77	0.54	0.96	-0.3	0.78	0.47	0.64	0.82	0.43	0.19	0.83	-0.93	0.99	0.71	0.62
Other Current Liab	0.43	-0.43	-0.47	0.06	-0.23	0.67	0.04	0.6	0.04	0.64		0.38	0.14	0.61	-0.51	0.61	0.31	0.19	0.73	0.29	0.5	0.51	-0.7	0.7	0.36	0.44
Total Current Liabilities	0.91	0.15	-0.29	-0.68	-0.57	0.77	0.7	0.73	0.7	0.77	0.38		0.57	0.75	0.13	0.72	0.33	0.88	0.34	0.3	-0.05	0.67	-0.73	0.68	0.75	0.7
Other Liab	0.66	0.1	-0.04	-0.8	-0.68	0.55	0.51	0.25	0.51	0.54	0.14	0.57		0.52	0.26	0.5	0.23	0.61	0.26	0.22	-0.33	0.52	-0.44	0.51	0.73	0.22
Net Debt	0.77	-0.4	-0.34	-0.46	-0.72	0.97	0.36	0.86	0.36	0.96	0.61	0.75	0.52		-0.34	0.86	0.21	0.56	0.84	0.17	0.31	0.9	-0.96	0.96	0.8	0.65
Retained Earnings	0.12	0.93	0.2	-0.57	-0.13	-0.36	0.69	-0.17	0.69	-0.3	-0.51	0.13	0.26	-0.34		-0.32	0.03	0.41	-0.68	0.05	-0.65	-0.29	0.35	-0.4	0.06	-0.25
Accounts Payable	0.64	-0.36	-0.66	-0.44	-0.61	0.82	0.24	0.77	0.24	0.78	0.61	0.72	0.5	0.86	-0.32		-0.02	0.44	0.71	-0.05	0.46	0.94	-0.87	0.78	0.84	0.61
Cash	0.52	0.14	0.54	-0.26	-0.02	0.42	0.43	0.15	0.43	0.47	0.31	0.33	0.23	0.21	0.03	-0.02		0.48	0.22	1.0	-0.34	0.07	-0.22	0.43	-0.05	0.12
Non Current Assets Total	0.94	0.44	0.0	-0.81	-0.49	0.62	0.85	0.6	0.85	0.64	0.19	0.88	0.61	0.56	0.41	0.44	0.48		0.09	0.46	-0.29	0.47	-0.53	0.53	0.69	0.54
Long Term Debt	0.41	-0.73	-0.27	-0.05	-0.49	0.83	-0.06	0.65	-0.06	0.82	0.73	0.34	0.26	0.84	-0.68	0.71	0.22	0.09		0.18	0.52	0.77	-0.83	0.89	0.47	0.42
Cash And Short Term Investments	0.49	0.16	0.57	-0.24	0.01	0.38	0.42	0.11	0.42	0.43	0.29	0.3	0.22	0.17	0.05	-0.05	1.0	0.46	0.18		-0.36	0.03	-0.18	0.39	-0.08	0.09
Net Receivables	-0.07	-0.51	-0.62	0.4	0.17	0.23	-0.39	0.47	-0.39	0.19	0.5	-0.05	-0.33	0.31	-0.65	0.46	-0.34	-0.29	0.52	-0.36		0.46	-0.44	0.28	0.19	0.38
Good Will	0.68	-0.34	-0.47	-0.51	-0.63	0.85	0.3	0.81	0.3	0.83	0.51	0.67	0.52	0.9	-0.29	0.94	0.07	0.47	0.77	0.03	0.46		-0.89	0.85	0.85	0.6
Common Stock Total Equity	-0.75	0.34	0.46	0.41	0.62	-0.93	-0.37	-0.93	-0.37	-0.93	-0.7	-0.73	-0.44	-0.96	0.35	-0.87	-0.22	-0.53	-0.83	-0.18	-0.44	-0.89		-0.93	-0.77	-0.67
Non Current Liabilities Total	0.77	-0.42	-0.19	-0.41	-0.64	0.98	0.33	0.8	0.33	0.99	0.7	0.68	0.51	0.96	-0.4	0.78	0.43	0.53	0.89	0.39	0.28	0.85	-0.93		0.69	0.58
Inventory	0.79	-0.03	-0.5	-0.73	-0.74	0.74	0.49	0.72	0.49	0.71	0.36	0.75	0.73	0.8	0.06	0.84	-0.05	0.69	0.47	-0.08	0.19	0.85	-0.77	0.69		0.54
Other Current Assets	0.63	-0.1	-0.33	-0.18	-0.14	0.64	0.33	0.73	0.33	0.62	0.44	0.7	0.22	0.65	-0.25	0.61	0.12	0.54	0.42	0.09	0.38	0.6	-0.67	0.58	0.54

Click cells to compare fundamentals

Sally Beauty Account Relationship Matchups

Sally Beauty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	2.8B	2.6B	2.7B	3.1B	2.0B
Total Stockholder Equity	15.4M	280.7M	293.6M	508.7M	457.9M	480.8M
Other Assets	1.1B	21.8M	38.0M	35.9M	32.3M	30.7M
Common Stock Shares Outstanding	114.7M	114.2M	110.3M	109.3M	98.4M	127.5M
Liabilities And Stockholders Equity	2.9B	2.8B	2.6B	2.7B	3.1B	2.0B
Other Stockholder Equity	1.9M	17.3M	4.2M	5.7M	5.1M	4.9M
Total Liab	2.9B	2.6B	2.3B	2.2B	2.5B	1.9B
Property Plant And Equipment Net	840.7M	845.1M	830.1M	868.4M	998.7M	1.0B
Non Currrent Assets Other	23.1M	21.8M	38.0M	40.6M	46.6M	49.0M
Property Plant And Equipment Gross	840.7M	845.1M	830.1M	868.4M	998.7M	1.0B
Short Long Term Debt Total	2.3B	1.9B	1.7B	1.7B	1.9B	1.6B
Other Current Liab	156.9M	198.3M	147.0M	147.5M	169.6M	168.9M
Total Current Liabilities	563.4M	664.9M	667.9M	579.3M	666.1M	511.9M
Other Liab	125.1M	114.8M	107.5M	116.4M	133.8M	73.2M
Net Debt	1.8B	1.5B	1.7B	1.6B	1.8B	1.5B
Retained Earnings	117.1M	357.0M	440.2M	624.8M	718.5M	754.4M
Accounts Payable	236.3M	291.6M	275.7M	258.9M	297.7M	263.8M
Cash	514.2M	401.0M	70.6M	123.0M	141.5M	134.7M
Non Current Assets Total	1.5B	1.5B	1.4B	1.5B	1.7B	1.0B
Long Term Debt	1.8B	1.4B	1.1B	1.1B	1.2B	1.5B
Cash And Short Term Investments	514.2M	401.0M	70.6M	123.0M	141.5M	135.9M
Net Receivables	56.4M	66.6M	72.3M	75.9M	87.3M	89.6M
Good Will	540.0M	541.2M	526.1M	533.1M	613.0M	547.6M
Common Stock Total Equity	1.2M	1.1M	1.1M	1.1M	963K	914.9K
Non Current Liabilities Total	2.3B	1.9B	1.6B	1.6B	1.9B	1.7B
Inventory	814.5M	871.3M	936.4M	975.2M	1.1B	834.4M
Other Current Assets	48.0M	44.7M	53.2M	53.9M	62.0M	45.2M
Total Current Assets	1.4B	1.4B	1.1B	1.2B	1.4B	1.1B
Accumulated Other Comprehensive Income	(104.7M)	(94.6M)	(151.8M)	(122.8M)	(110.5M)	(105.0M)
Short Term Debt	153.4M	156.4M	226.4M	154.7M	177.8M	186.7M
Intangible Assets	58.3M	55.5M	50.3M	55.2M	49.7M	63.7M
Common Stock	1.1M	1.1M	1.1M	1.1M	956.7K	908.9K
Property Plant Equipment	315.0M	845.1M	830.1M	868.4M	998.7M	1.0B
Current Deferred Revenue	16.7M	18.5M	18.8M	18.3M	16.4M	23.0M
Net Tangible Assets	(582.9M)	(316M)	(282.7M)	(79.5M)	(91.4M)	(96.0M)
Long Term Debt Total	1.6B	1.8B	1.4B	1.1B	974.7M	1.3B

Currently Active Assets on Macroaxis

MSFT	Microsoft
CRM	Salesforce
GOOG	Alphabet Inc Class C
V	Visa Class A
F	Ford Motor

When determining whether Sally Beauty Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sally Beauty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sally Beauty Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sally Beauty Holdings Stock:

How To Invest In Sally

Details

Is Sally Stock a good investment?

Details

What is Sally Beauty's Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

View

Largest Consumer Discretionary Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the Sally Beauty Holdings information on this page should be used as a complementary analysis to other Sally Beauty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Sally Stock analysis

When running Sally Beauty's price analysis, check to measure Sally Beauty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sally Beauty is operating at the current time. Most of Sally Beauty's value examination focuses on studying past and present price action to predict the probability of Sally Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sally Beauty's price. Additionally, you may evaluate how the addition of Sally Beauty to your portfolios can decrease your overall portfolio volatility.

	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Commodity Directory Find actively traded commodities issued by global exchanges
	Global Correlations Find global opportunities by holding instruments from different markets
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

Is Sally Beauty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sally Beauty. If investors know Sally will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sally Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.24)

Earnings Share

1.58

Revenue Per Share

34.591

Quarterly Revenue Growth

(0.03)

Return On Assets

0.0723

The market value of Sally Beauty Holdings is measured differently than its book value, which is the value of Sally that is recorded on the company's balance sheet. Investors also form their own opinion of Sally Beauty's value that differs from its market value or its book value, called intrinsic value, which is Sally Beauty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sally Beauty's market value can be influenced by many factors that don't directly affect Sally Beauty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Sally Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sally Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sally Beauty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Sally Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Sally Beauty fundamental ratios Correlations

Sally Beauty Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sally Beauty fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Sally Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Total Liab
Net Debt	+ 0.97	Total Liab

Common Stock Total Equity	- 0.96	Net Debt
Non Current Liabilities Total	- 0.93	Common Stock Total Equity
Common Stock Total Equity	- 0.93	Short Long Term Debt Total
Common Stock Total Equity	- 0.93	Non Currrent Assets Other
Common Stock Total Equity	- 0.93	Total Liab
Common Stock Total Equity	- 0.89	Good Will