Secureworks Accounts Payable vs Total Stockholder Equity Analysis
SCWX Stock | USD 5.90 0.18 2.96% |
Secureworks Corp financial indicator trend analysis is much more than just breaking down Secureworks Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secureworks Corp is a good investment. Please check the relationship between Secureworks Corp Accounts Payable and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secureworks Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Secureworks Stock please use our How to Invest in Secureworks Corp guide.
Accounts Payable vs Total Stockholder Equity
Accounts Payable vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secureworks Corp Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Secureworks Corp's Accounts Payable and Total Stockholder Equity is 0.47. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Secureworks Corp, assuming nothing else is changed. The correlation between historical values of Secureworks Corp's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Secureworks Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Secureworks Corp's Accounts Payable and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Secureworks Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Secureworks Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Secureworks Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secureworks Corp 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 Secureworks Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Secureworks Stock please use our How to Invest in Secureworks Corp guide.Selling General Administrative is likely to rise to about 89.3 M in 2024, whereas Tax Provision is likely to drop (29.9 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 1.2M | 2.6M | 2.2M | Depreciation And Amortization | 44.4M | 40.5M | 37.1M | 44.0M |
Secureworks Corp fundamental ratios Correlations
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Secureworks Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Secureworks Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 80.6M | 81.4M | 82.9M | 84.4M | 86.0M | 86.9M | |
Total Assets | 1.0B | 1.0B | 987.3M | 840.9M | 724.8M | 751.6M | |
Other Current Liab | 98.9M | 109.1M | 88.1M | 76.2M | 56.8M | 75.5M | |
Total Current Liabilities | 293.4M | 294.3M | 266.5M | 245.6M | 202.1M | 243.2M | |
Total Stockholder Equity | 666.9M | 667.8M | 648.1M | 558.0M | 501.3M | 505.5M | |
Property Plant And Equipment Net | 51.1M | 39.5M | 25.9M | 13.9M | 7.2M | 6.9M | |
Current Deferred Revenue | 175.8M | 168.4M | 163.3M | 145.2M | 131.2M | 144.1M | |
Net Debt | (157.2M) | (197.8M) | (203.8M) | (131.4M) | (55.8M) | (58.5M) | |
Accounts Payable | 18.7M | 16.8M | 15.1M | 18.8M | 9.0M | 14.4M | |
Cash | 181.8M | 220.3M | 220.7M | 143.5M | 68.7M | 122.5M | |
Non Current Assets Total | 726.2M | 699.1M | 653.9M | 606.6M | 586.6M | 559.4M | |
Non Currrent Assets Other | 78.6M | 76.0M | 65.8M | 57.0M | (38.2M) | (36.3M) | |
Cash And Short Term Investments | 181.8M | 220.3M | 220.7M | 143.5M | 68.7M | 122.5M | |
Net Receivables | 111.8M | 108.0M | 86.2M | 72.6M | 59.4M | 78.9M | |
Liabilities And Stockholders Equity | 1.0B | 1.0B | 987.3M | 840.9M | 724.8M | 751.6M | |
Non Current Liabilities Total | 87.8M | 83.2M | 72.8M | 37.3M | 21.3M | 20.3M | |
Inventory | 746K | 560K | 505K | 620K | 727K | 982.0K | |
Other Current Assets | 27.4M | 17.3M | 26.0M | 17.5M | 9.4M | 8.9M | |
Other Stockholder Equity | 877.1M | 897.4M | 919.5M | 947.5M | 976.4M | 918.0M | |
Total Liab | 381.2M | 377.6M | 339.2M | 282.9M | 223.5M | 338.4M | |
Property Plant And Equipment Gross | 51.1M | 39.5M | 25.9M | 13.9M | 47.7M | 35.6M | |
Total Current Assets | 321.8M | 346.2M | 333.4M | 234.3M | 138.1M | 264.3M | |
Accumulated Other Comprehensive Income | (3.1M) | (660K) | (2.7M) | (6.2M) | (5.8M) | (5.5M) | |
Intangible Assets | 180.1M | 157.8M | 133.7M | 106.2M | 83.2M | 79.1M | |
Other Liab | 82.9M | 63.1M | 60.8M | 55.9M | 50.3M | 68.9M | |
Net Tangible Assets | 70.3M | 84.1M | 88.4M | 26.2M | 30.2M | 22.9M | |
Retained Earnings | (207.9M) | (229.8M) | (269.6M) | (384.1M) | (470.2M) | (446.7M) | |
Other Assets | 78.2M | 78.6M | 76.0M | 68.3M | 78.6M | 53.9M | |
Deferred Long Term Liab | 75.4M | 72.3M | 64.0M | 53.6M | 61.6M | 52.3M | |
Common Stock | 812K | 824K | 843K | 847K | 864K | 806.1K | |
Property Plant Equipment | 51.1M | 39.5M | 25.9M | 4.6M | 4.2M | 4.0M | |
Common Stock Total Equity | 812K | 824K | 843K | 847K | 974.1K | 887.4K | |
Capital Surpluse | 897.0M | 917.3M | 939.4M | 967.4M | 1.1B | 968.0M | |
Retained Earnings Total Equity | (207.9M) | (229.8M) | (269.6M) | (384.1M) | (345.7M) | (328.4M) | |
Non Current Liabilities Other | 7.1M | 51.2M | 43.1M | 37.3M | 7.8M | 7.4M | |
Net Invested Capital | 666.9M | 667.8M | 648.1M | 558.0M | 501.3M | 504.4M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secureworks Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Secureworks Stock please use our How to Invest in Secureworks Corp guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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Is Secureworks Corp'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 Secureworks Corp. If investors know Secureworks 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 Secureworks Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 4.252 | Quarterly Revenue Growth (0.23) | Return On Assets (0.08) | Return On Equity (0.16) |
The market value of Secureworks Corp is measured differently than its book value, which is the value of Secureworks that is recorded on the company's balance sheet. Investors also form their own opinion of Secureworks Corp's value that differs from its market value or its book value, called intrinsic value, which is Secureworks Corp'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 Secureworks Corp's market value can be influenced by many factors that don't directly affect Secureworks Corp'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 Secureworks Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Secureworks Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Secureworks Corp'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.