Secureworks Cash And Short Term Investments vs Other Current Assets Analysis

SCWX Stock

USD 5.88 0.02 0.34%

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 Cash And Short Term Investments and its Other Current Assets 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.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secureworks Corp Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Secureworks Corp's Cash And Short Term Investments and Other Current Assets is -0.27. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets 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 Cash And Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Secureworks Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Secureworks Corp's Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Secureworks Corp balance sheet. This account contains Secureworks Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Secureworks Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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

Interest Expense Depreciation And Amortization

Secureworks Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Other Liab	Net Tangible Assets	Retained Earnings
Common Stock Shares Outstanding		-0.02	0.81	0.86	-0.43	-0.34	0.86	-0.62	0.0	0.72	-0.9	0.16	0.72	0.45	0.81	-0.96	-0.21	-0.59	0.93	0.59	0.28	0.69	-0.95	-0.92	0.79	-0.92
Total Assets	-0.02		0.54	0.48	0.88	0.87	0.44	-0.63	0.56	0.54	0.35	0.79	0.54	0.7	-0.26	0.18	-0.05	0.46	0.13	0.68	0.17	0.65	0.09	-0.12	0.44	0.33
Other Current Liab	0.81	0.54		0.98	0.12	0.24	0.96	-0.89	0.24	0.93	-0.55	0.61	0.93	0.72	0.57	-0.7	-0.32	-0.32	0.85	0.89	0.38	0.94	-0.76	-0.86	0.92	-0.59
Total Current Liabilities	0.86	0.48	0.98		0.04	0.16	0.99	-0.85	0.29	0.91	-0.61	0.56	0.91	0.73	0.6	-0.75	-0.19	-0.3	0.87	0.89	0.35	0.94	-0.8	-0.87	0.9	-0.64
Total Stockholder Equity	-0.43	0.88	0.12	0.04		0.88	0.02	-0.32	0.47	0.17	0.66	0.57	0.17	0.45	-0.56	0.52	-0.07	0.71	-0.23	0.29	0.04	0.3	0.46	0.27	0.12	0.64
Property Plant And Equipment Net	-0.34	0.87	0.24	0.16	0.88		0.13	-0.34	0.38	0.24	0.62	0.65	0.24	0.43	-0.5	0.46	-0.1	0.49	-0.18	0.42	0.32	0.32	0.35	0.14	0.16	0.56
Current Deferred Revenue	0.86	0.44	0.96	0.99	0.02	0.13		-0.87	0.22	0.92	-0.65	0.55	0.92	0.69	0.61	-0.78	-0.27	-0.31	0.9	0.84	0.4	0.93	-0.84	-0.91	0.93	-0.68
Net Debt	-0.62	-0.63	-0.89	-0.85	-0.32	-0.34	-0.87		-0.19	-0.98	0.43	-0.74	-0.98	-0.56	-0.38	0.54	0.47	0.14	-0.78	-0.76	-0.27	-0.91	0.67	0.8	-0.91	0.47
Accounts Payable	0.0	0.56	0.24	0.29	0.47	0.38	0.22	-0.19		0.16	0.15	0.23	0.16	0.67	-0.14	0.09	0.55	0.67	0.01	0.43	-0.28	0.41	0.17	0.1	0.12	0.25
Cash	0.72	0.54	0.93	0.91	0.17	0.24	0.92	-0.98	0.16		-0.54	0.67	1.0	0.54	0.55	-0.63	-0.43	-0.27	0.83	0.83	0.3	0.94	-0.76	-0.85	0.91	-0.57
Non Current Assets Total	-0.9	0.35	-0.55	-0.61	0.66	0.62	-0.65	0.43	0.15	-0.54		0.12	-0.54	-0.14	-0.87	0.96	0.26	0.6	-0.85	-0.29	-0.16	-0.47	0.93	0.83	-0.63	0.98
Non Currrent Assets Other	0.16	0.79	0.61	0.56	0.57	0.65	0.55	-0.74	0.23	0.67	0.12		0.67	0.43	-0.11	-0.03	-0.33	0.01	0.29	0.64	0.03	0.61	-0.2	-0.38	0.5	0.05
Cash And Short Term Investments	0.72	0.54	0.93	0.91	0.17	0.24	0.92	-0.98	0.16	1.0	-0.54	0.67		0.54	0.55	-0.63	-0.43	-0.27	0.83	0.83	0.3	0.94	-0.76	-0.85	0.91	-0.57
Net Receivables	0.45	0.7	0.72	0.73	0.45	0.43	0.69	-0.56	0.67	0.54	-0.14	0.43	0.54		0.17	-0.34	0.12	0.26	0.48	0.75	0.24	0.78	-0.28	-0.39	0.65	-0.13
Good Will	0.81	-0.26	0.57	0.6	-0.56	-0.5	0.61	-0.38	-0.14	0.55	-0.87	-0.11	0.55	0.17		-0.82	-0.21	-0.63	0.7	0.48	0.2	0.52	-0.82	-0.68	0.55	-0.84
Non Current Liabilities Total	-0.96	0.18	-0.7	-0.75	0.52	0.46	-0.78	0.54	0.09	-0.63	0.96	-0.03	-0.63	-0.34	-0.82		0.32	0.59	-0.93	-0.43	-0.29	-0.59	0.96	0.9	-0.77	0.97
Inventory	-0.21	-0.05	-0.32	-0.19	-0.07	-0.1	-0.27	0.47	0.55	-0.43	0.26	-0.33	-0.43	0.12	-0.21	0.32		0.4	-0.42	-0.04	-0.33	-0.24	0.41	0.46	-0.51	0.35
Other Current Assets	-0.59	0.46	-0.32	-0.3	0.71	0.49	-0.31	0.14	0.67	-0.27	0.6	0.01	-0.27	0.26	-0.63	0.59	0.4		-0.45	-0.11	-0.23	-0.06	0.64	0.57	-0.24	0.69
Other Stockholder Equity	0.93	0.13	0.85	0.87	-0.23	-0.18	0.9	-0.78	0.01	0.83	-0.85	0.29	0.83	0.48	0.7	-0.93	-0.42	-0.45		0.58	0.37	0.78	-0.95	-0.96	0.92	-0.89
Total Liab	0.59	0.68	0.89	0.89	0.29	0.42	0.84	-0.76	0.43	0.83	-0.29	0.64	0.83	0.75	0.48	-0.43	-0.04	-0.11	0.58		0.31	0.91	-0.51	-0.6	0.72	-0.3
Property Plant And Equipment Gross	0.28	0.17	0.38	0.35	0.04	0.32	0.4	-0.27	-0.28	0.3	-0.16	0.03	0.3	0.24	0.2	-0.29	-0.33	-0.23	0.37	0.31		0.3	-0.33	-0.39	0.45	-0.28
Total Current Assets	0.69	0.65	0.94	0.94	0.3	0.32	0.93	-0.91	0.41	0.94	-0.47	0.61	0.94	0.78	0.52	-0.59	-0.24	-0.06	0.78	0.91	0.3		-0.66	-0.75	0.91	-0.47
Intangible Assets	-0.95	0.09	-0.76	-0.8	0.46	0.35	-0.84	0.67	0.17	-0.76	0.93	-0.2	-0.76	-0.28	-0.82	0.96	0.41	0.64	-0.95	-0.51	-0.33	-0.66		0.96	-0.81	0.96
Other Liab	-0.92	-0.12	-0.86	-0.87	0.27	0.14	-0.91	0.8	0.1	-0.85	0.83	-0.38	-0.85	-0.39	-0.68	0.9	0.46	0.57	-0.96	-0.6	-0.39	-0.75	0.96		-0.89	0.88
Net Tangible Assets	0.79	0.44	0.92	0.9	0.12	0.16	0.93	-0.91	0.12	0.91	-0.63	0.5	0.91	0.65	0.55	-0.77	-0.51	-0.24	0.92	0.72	0.45	0.91	-0.81	-0.89		-0.67
Retained Earnings	-0.92	0.33	-0.59	-0.64	0.64	0.56	-0.68	0.47	0.25	-0.57	0.98	0.05	-0.57	-0.13	-0.84	0.97	0.35	0.69	-0.89	-0.3	-0.28	-0.47	0.96	0.88	-0.67

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Secureworks Corp Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Secureworks Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Secureworks Corp's short interest history, or implied volatility extrapolated from Secureworks Corp options trading.

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When determining whether Secureworks Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Secureworks Corp'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 Secureworks Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Secureworks Corp Stock:

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Is Secureworks Stock a good investment?

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What is Secureworks Corp's Net Worth?

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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 CEOs Directory module to screen CEOs from public companies around the world.

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When running Secureworks Corp's price analysis, check to measure Secureworks Corp'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 Secureworks Corp is operating at the current time. Most of Secureworks Corp's value examination focuses on studying past and present price action to predict the probability of Secureworks Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secureworks Corp's price. Additionally, you may evaluate how the addition of Secureworks Corp to your portfolios can decrease your overall portfolio volatility.

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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.

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Secureworks Cash And Short Term Investments vs Other Current Assets Analysis

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Current Assets

Secureworks Corp fundamental ratios Correlations

Secureworks Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Secureworks Corp fundamental ratios Accounts

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Complementary Tools for Secureworks Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Current Deferred Revenue	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Other Current Liab
Retained Earnings	+ 0.98	Non Current Assets Total
Retained Earnings	+ 0.97	Non Current Liabilities Total
Current Deferred Revenue	+ 0.96	Other Current Liab

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Other Liab	- 0.96	Other Stockholder Equity
Non Current Liabilities Total	- 0.96	Common Stock Shares Outstanding
Intangible Assets	- 0.95	Other Stockholder Equity
Intangible Assets	- 0.95	Common Stock Shares Outstanding