Sally Beauty Holdings Inc (SBH) — Working Capital to Net Assets Ratio
Sally Beauty Holdings Inc (SBH) has a Working Capital to Net Assets ratio of 90.3% as of December 2025. Working capital of $743.51 Million (current assets of $1.29 Billion minus current liabilities of $542.17 Million) is measured against net assets of $823.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SBH net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sally Beauty Holdings Inc Working Capital to Net Assets (2004–2025)
This chart shows how Sally Beauty Holdings Inc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 90.3%, reflecting working capital of $743.51 Million against net assets of $823.57 Million USD. Check Sally Beauty Holdings Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sally Beauty Holdings Inc (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sally Beauty Holdings Inc from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see SBH stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 91.3% | $725.48 Million | $794.21 Million | $1.30 Billion | $575.97 Million | ▼ -22.0 pp |
| 2024 | 113.4% | $712.64 Million | $628.53 Million | $1.31 Billion | $592.67 Million | ▼ -14.1 pp |
| 2023 | 127.5% | $648.74 Million | $508.75 Million | $1.23 Billion | $579.26 Million | ▼ -30.7 pp |
| 2022 | 158.2% | $464.49 Million | $293.64 Million | $1.13 Billion | $667.91 Million | ▼ -97.8 pp |
| 2021 | 256.0% | $718.69 Million | $280.74 Million | $1.38 Billion | $664.88 Million | ▼ -5375.9 pp |
| 2020 | 5631.9% | $869.74 Million | $15.44 Million | $1.43 Billion | $563.36 Million | ▲ +6804.7 pp |
| 2019 | -1172.8% | $707.47 Million | $-60.32 Million | $1.16 Billion | $456.08 Million | ▼ -925.6 pp |
| 2018 | -247.2% | $663.91 Million | $-268.56 Million | $1.16 Billion | $491.17 Million | ▼ -83.3 pp |
| 2017 | -163.9% | $595.94 Million | $-363.62 Million | $1.17 Billion | $574.57 Million | ▲ +83.8 pp |
| 2016 | -247.7% | $684.16 Million | $-276.17 Million | $1.17 Billion | $488.67 Million | ▼ -14.2 pp |
| 2015 | -233.5% | $695.40 Million | $-297.82 Million | $1.19 Billion | $491.70 Million | ▼ -48.9 pp |
| 2014 | -184.6% | $640.61 Million | $-347.05 Million | $1.10 Billion | $463.54 Million | ▼ -28.7 pp |
| 2013 | -155.9% | $473.16 Million | $-303.48 Million | $1.02 Billion | $542.65 Million | ▲ +440.6 pp |
| 2012 | -596.5% | $686.52 Million | $-115.08 Million | $1.16 Billion | $477.39 Million | ▼ -405.1 pp |
| 2011 | -191.4% | $419.14 Million | $-218.98 Million | $879.15 Million | $460.01 Million | ▼ -107.5 pp |
| 2010 | -83.9% | $387.12 Million | $-461.27 Million | $794.77 Million | $407.65 Million | ▼ -28.4 pp |
| 2009 | -55.5% | $341.73 Million | $-615.45 Million | $715.92 Million | $374.19 Million | ▼ -3.3 pp |
| 2008 | -52.2% | $367.20 Million | $-702.96 Million | $805.65 Million | $438.45 Million | ▼ -6.1 pp |
| 2007 | -46.1% | $354.19 Million | $-767.71 Million | $712.19 Million | $358.00 Million | ▼ -93.8 pp |
| 2006 | 47.6% | $479.11 Million | $1.01 Billion | $770.29 Million | $291.18 Million | ▲ +5.1 pp |
| 2005 | 42.5% | $382.48 Million | $900.30 Million | $651.44 Million | $268.96 Million | ▼ -5.6 pp |
| 2004 | 48.0% | $377.71 Million | $786.16 Million | $625.57 Million | $247.86 Million | — |