Sally Exchange Rate Changes vs Change Receivables Analysis
SBH Stock | USD 14.14 0.08 0.56% |
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 Exchange Rate Changes and its Change Receivables 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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Exchange Rate Changes vs Change Receivables
Exchange Rate Changes vs Change Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sally Beauty Holdings Exchange Rate Changes account and Change Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sally Beauty's Exchange Rate Changes and Change Receivables is -0.06. Overlapping area represents the amount of variation of Exchange Rate Changes that can explain the historical movement of Change Receivables 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 Exchange Rate Changes and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Exchange Rate Changes of Sally Beauty Holdings are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Exchange Rate Changes i.e., Sally Beauty's Exchange Rate Changes and Change Receivables go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Exchange Rate Changes
The impact of changes in foreign exchange rates on a company's financial position and results.Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of now, Sally Beauty's Tax Provision is decreasing as compared to previous years. The Sally Beauty's current Enterprise Value is estimated to increase to about 1.5 B, while Selling General Administrative is projected to decrease to under 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 1.9B | 1.9B | 1.7B | Total Revenue | 3.8B | 3.7B | 3.7B | 3.4B |
Sally Beauty fundamental ratios Correlations
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Sally Beauty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sally Beauty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9B | 2.8B | 2.6B | 2.7B | 2.8B | 2.0B | |
Total Stockholder Equity | 15.4M | 280.7M | 293.6M | 508.7M | 628.5M | 660.0M | |
Other Assets | 1.1B | 21.8M | 38.0M | 35.9M | 491.0M | 515.5M | |
Common Stock Shares Outstanding | 114.7M | 114.2M | 110.3M | 109.3M | 106.9M | 125.7M | |
Liabilities And Stockholders Equity | 2.9B | 2.8B | 2.6B | 2.7B | 2.8B | 2.0B | |
Other Stockholder Equity | 1.9M | 17.3M | 4.2M | 5.7M | 133.3M | 194.8M | |
Total Liab | 2.9B | 2.6B | 2.3B | 2.2B | 2.2B | 2.0B | |
Property Plant And Equipment Net | 840.7M | 845.1M | 830.1M | 868.4M | 852.4M | 895.1M | |
Non Currrent Assets Other | 23.1M | 21.8M | 38.0M | 35.9M | 36.9M | 22.9M | |
Property Plant And Equipment Gross | 840.7M | 845.1M | 830.1M | 868.4M | 1.7B | 1.8B | |
Short Long Term Debt Total | 2.3B | 1.9B | 1.7B | 1.7B | 1.6B | 1.7B | |
Other Current Liab | 153.9M | 187.6M | 142.3M | 145.1M | 51.7M | 49.1M | |
Total Current Liabilities | 563.4M | 664.9M | 667.9M | 579.3M | 479.1M | 512.6M | |
Other Liab | 125.1M | 114.8M | 107.5M | 116.4M | 133.8M | 73.2M | |
Net Debt | 1.8B | 1.5B | 1.7B | 1.6B | 1.5B | 1.5B | |
Retained Earnings | 117.1M | 357.0M | 440.2M | 624.8M | 740.7M | 777.7M | |
Accounts Payable | 236.3M | 291.6M | 275.7M | 258.9M | 269.4M | 265.4M | |
Cash | 514.2M | 401.0M | 70.6M | 123.0M | 108.0M | 133.9M | |
Non Current Assets Total | 1.5B | 1.5B | 1.4B | 1.5B | 1.5B | 1.1B | |
Long Term Debt | 1.8B | 1.4B | 1.1B | 1.1B | 978.3M | 1.5B | |
Cash And Short Term Investments | 514.2M | 401.0M | 70.6M | 123.0M | 32.8M | 31.2M | |
Net Receivables | 56.4M | 66.6M | 72.3M | 75.9M | 33.6M | 63.3M | |
Good Will | 540.0M | 541.2M | 526.1M | 533.1M | 538.3M | 549.7M | |
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 | 1.5B | 1.7B | |
Inventory | 814.5M | 871.3M | 936.4M | 975.2M | 781.5M | 835.6M | |
Other Current Assets | 48.0M | 44.7M | 53.2M | 53.9M | 68.5M | 46.7M | |
Total Current Assets | 1.4B | 1.4B | 1.1B | 1.2B | 814.3M | 1.1B | |
Accumulated Other Comprehensive Income | (104.7M) | (94.6M) | (151.8M) | (122.8M) | (113.2M) | (107.5M) | |
Short Term Debt | 153.4M | 156.4M | 226.4M | 154.7M | 136.1M | 142.9M | |
Intangible Assets | 58.3M | 55.5M | 50.3M | 55.2M | 60.0M | 62.9M | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.0M | 968.1K | |
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 |
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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: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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Other Specialty Retail space 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 (0.22) | Earnings Share 1.43 | Revenue Per Share 35.219 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0642 |
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.