Sally Interest Income vs Income Before Tax Analysis

SBH Stock  USD 12.97  0.16  1.22%   
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 Interest Income and its Income Before Tax 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sally Beauty Holdings Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sally Beauty's Interest Income and Income Before Tax is 0.48. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax 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 Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Sally Beauty Holdings are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Sally Beauty's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sally Beauty income statement and is an important metric when analyzing Sally Beauty Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Profit1.9B1.9B1.9B1.7B
Total Revenue3.8B3.7B3.7B3.4B

Sally Beauty fundamental ratios Correlations

-0.02-0.04-0.65-0.610.870.670.130.330.880.380.890.590.57-0.050.620.580.850.510.55-0.020.65-0.790.810.730.49
-0.02-0.03-0.450.29-0.450.68-0.640.76-0.35-0.33-0.020.11-0.750.94-0.39-0.050.42-0.72-0.04-0.74-0.390.29-0.47-0.270.01
-0.04-0.030.090.13-0.15-0.050.37-0.25-0.13-0.51-0.22-0.070.110.04-0.620.6-0.05-0.180.62-0.24-0.440.46-0.14-0.43-0.39
-0.65-0.450.090.6-0.38-0.820.3-0.66-0.440.06-0.57-0.79-0.01-0.56-0.38-0.17-0.8-0.02-0.150.55-0.440.42-0.34-0.59-0.2
-0.610.290.130.6-0.67-0.31-0.18-0.08-0.65-0.17-0.58-0.65-0.570.05-0.6-0.07-0.46-0.5-0.050.07-0.60.59-0.64-0.8-0.07
0.87-0.45-0.15-0.38-0.670.320.20.090.990.60.780.480.72-0.450.80.450.550.860.410.280.84-0.920.990.780.51
0.670.68-0.05-0.82-0.310.32-0.470.860.420.030.630.54-0.180.660.190.320.9-0.10.31-0.640.22-0.380.280.330.37
0.13-0.640.370.3-0.180.2-0.47-0.850.08-0.170.12-0.120.81-0.580.020.31-0.220.220.310.59-0.010.060.140.17-0.28
0.330.76-0.25-0.66-0.080.090.86-0.850.220.130.320.38-0.560.710.120.010.65-0.160.0-0.690.16-0.280.110.120.39
0.88-0.35-0.13-0.44-0.650.990.420.080.220.590.780.490.63-0.360.770.460.610.830.430.170.83-0.920.990.750.53
0.38-0.33-0.510.06-0.170.60.03-0.170.130.590.290.160.22-0.450.60.170.190.660.150.290.52-0.690.630.340.5
0.89-0.02-0.22-0.57-0.580.780.630.120.320.780.290.470.52-0.040.70.370.770.430.340.010.63-0.740.70.710.54
0.590.11-0.07-0.79-0.650.480.54-0.120.380.490.160.470.210.260.460.190.60.220.17-0.40.46-0.440.450.630.24
0.57-0.750.11-0.01-0.570.72-0.180.81-0.560.630.220.520.21-0.690.520.360.140.670.350.590.52-0.510.670.620.12
-0.050.940.04-0.560.05-0.450.66-0.580.71-0.36-0.45-0.040.26-0.69-0.39-0.120.39-0.71-0.1-0.85-0.40.34-0.47-0.19-0.17
0.62-0.39-0.62-0.38-0.60.80.190.020.120.770.60.70.460.52-0.39-0.020.370.74-0.060.350.93-0.880.780.850.53
0.58-0.050.6-0.17-0.070.450.320.310.010.460.170.370.190.36-0.12-0.020.430.251.0-0.090.06-0.180.43-0.010.02
0.850.42-0.05-0.8-0.460.550.9-0.220.650.610.190.770.60.140.390.370.430.080.41-0.460.38-0.570.480.480.54
0.51-0.72-0.18-0.02-0.50.86-0.10.22-0.160.830.660.430.220.67-0.710.740.250.080.220.550.81-0.80.910.630.31
0.55-0.040.62-0.15-0.050.410.310.310.00.430.150.340.170.35-0.1-0.061.00.410.22-0.10.02-0.140.4-0.04-0.01
-0.02-0.74-0.240.550.070.28-0.640.59-0.690.170.290.01-0.40.59-0.850.35-0.09-0.460.55-0.10.35-0.280.290.260.03
0.65-0.39-0.44-0.44-0.60.840.22-0.010.160.830.520.630.460.52-0.40.930.060.380.810.020.35-0.910.850.850.51
-0.790.290.460.420.59-0.92-0.380.06-0.28-0.92-0.69-0.74-0.44-0.510.34-0.88-0.18-0.57-0.8-0.14-0.28-0.91-0.91-0.82-0.65
0.81-0.47-0.14-0.34-0.640.990.280.140.110.990.630.70.450.67-0.470.780.430.480.910.40.290.85-0.910.750.47
0.73-0.27-0.43-0.59-0.80.780.330.170.120.750.340.710.630.62-0.190.85-0.010.480.63-0.040.260.85-0.820.750.34
0.490.01-0.39-0.2-0.070.510.37-0.280.390.530.50.540.240.12-0.170.530.020.540.31-0.010.030.51-0.650.470.34
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Sally Beauty Account Relationship Matchups

Sally Beauty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B2.8B2.6B2.7B2.1B2.0B
Total Stockholder Equity15.4M280.7M293.6M508.7M628.5M660.0M
Other Assets1.1B21.8M38.0M35.9M(216.7M)(205.9M)
Common Stock Shares Outstanding114.7M114.2M110.3M109.3M106.9M125.7M
Liabilities And Stockholders Equity2.9B2.8B2.6B2.7B2.1B2.0B
Other Stockholder Equity1.9M17.3M4.2M5.7M133.3M194.8M
Total Liab2.9B2.6B2.3B2.2B2.0B2.0B
Property Plant And Equipment Net840.7M845.1M830.1M868.4M852.4M895.1M
Non Currrent Assets Other23.1M21.8M38.0M35.9M(1.5B)(1.4B)
Property Plant And Equipment Gross840.7M845.1M830.1M868.4M1.7B1.8B
Short Long Term Debt Total2.3B1.9B1.7B1.7B1.6B1.7B
Other Current Liab153.9M187.6M142.3M145.1M187.7M169.6M
Total Current Liabilities563.4M664.9M667.9M579.3M479.1M512.6M
Other Liab125.1M114.8M107.5M116.4M133.8M73.2M
Net Debt1.8B1.5B1.7B1.6B(32.8M)(31.2M)
Retained Earnings117.1M357.0M440.2M624.8M740.7M777.7M
Accounts Payable236.3M291.6M275.7M258.9M269.4M265.4M
Cash514.2M401.0M70.6M123.0M32.8M31.2M
Non Current Assets Total1.5B1.5B1.4B1.5B1.5B1.1B
Long Term Debt1.8B1.4B1.1B1.1B978.3M1.5B
Cash And Short Term Investments514.2M401.0M70.6M123.0M32.8M31.2M
Net Receivables56.4M66.6M72.3M75.9M33.6M63.3M
Good Will540.0M541.2M526.1M533.1M538.3M549.7M
Common Stock Total Equity1.2M1.1M1.1M1.1M963K914.9K
Non Current Liabilities Total2.3B1.9B1.6B1.6B1.5B1.7B
Inventory814.5M871.3M936.4M975.2M781.5M835.6M
Other Current Assets48.0M44.7M53.2M53.9M68.5M46.7M
Total Current Assets1.4B1.4B1.1B1.2B814.3M1.1B
Accumulated Other Comprehensive Income(104.7M)(94.6M)(151.8M)(122.8M)(113.2M)(107.5M)
Short Term Debt153.4M156.4M226.4M154.7M177.8M186.7M
Intangible Assets58.3M55.5M50.3M55.2M60.0M62.9M
Common Stock1.1M1.1M1.1M1.1M1.0M968.1K
Property Plant Equipment315.0M845.1M830.1M868.4M998.7M1.0B
Current Deferred Revenue16.7M18.5M18.8M18.3M16.4M23.0M
Net Tangible Assets(582.9M)(316M)(282.7M)(79.5M)(91.4M)(96.0M)
Long Term Debt Total1.6B1.8B1.4B1.1B974.7M1.3B

Currently Active Assets on Macroaxis

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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.