Secureworks Net Working Capital vs Intangible Assets Analysis

SCWX Stock  USD 8.38  0.01  0.12%   
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 Net Working Capital and its Intangible 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 closely tied 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.

Net Working Capital vs Intangible Assets

Net Working Capital vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secureworks Corp Net Working Capital account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Secureworks Corp's Net Working Capital and Intangible Assets is 0.73. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Intangible 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 Net Working Capital and Intangible 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 Net Working Capital of Secureworks Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Working Capital i.e., Secureworks Corp's Net Working Capital and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Working Capital

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 closely tied 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 Expense3.5M1.2M2.6M2.2M
Depreciation And Amortization49.6M45.2M33.9M44.6M

Secureworks Corp fundamental ratios Correlations

-0.020.830.86-0.43-0.340.86-0.630.00.72-0.90.690.720.450.81-0.96-0.21-0.440.930.590.280.69-0.95-0.920.79-0.92
-0.020.50.480.880.870.44-0.610.560.540.350.360.540.7-0.260.18-0.050.470.130.680.170.650.09-0.120.440.33
0.830.50.980.080.20.97-0.890.220.93-0.580.830.930.70.58-0.73-0.33-0.230.870.870.380.93-0.79-0.890.93-0.63
0.860.480.980.040.160.99-0.860.290.91-0.610.80.910.730.6-0.75-0.19-0.180.870.890.350.94-0.8-0.870.9-0.64
-0.430.880.080.040.880.02-0.30.470.170.66-0.010.170.45-0.560.52-0.070.66-0.230.290.040.30.460.270.120.64
-0.340.870.20.160.880.13-0.320.380.240.620.180.240.43-0.50.46-0.10.39-0.180.420.320.320.350.140.160.56
0.860.440.970.990.020.13-0.880.220.92-0.650.840.920.690.61-0.78-0.27-0.170.90.840.40.93-0.84-0.910.93-0.68
-0.63-0.61-0.89-0.86-0.3-0.32-0.88-0.18-0.980.45-0.82-0.98-0.55-0.40.560.48-0.05-0.79-0.76-0.28-0.920.690.81-0.920.49
0.00.560.220.290.470.380.22-0.180.160.15-0.190.160.67-0.140.090.550.660.010.43-0.280.410.170.10.120.25
0.720.540.930.910.170.240.92-0.980.16-0.540.851.00.540.55-0.63-0.43-0.080.830.830.30.94-0.76-0.850.91-0.57
-0.90.35-0.58-0.610.660.62-0.650.450.15-0.54-0.49-0.54-0.14-0.870.960.260.44-0.85-0.29-0.16-0.470.930.83-0.630.98
0.690.360.830.8-0.010.180.84-0.82-0.190.85-0.490.850.350.48-0.61-0.54-0.40.750.690.420.72-0.77-0.830.78-0.59
0.720.540.930.910.170.240.92-0.980.161.0-0.540.850.540.55-0.63-0.43-0.080.830.830.30.94-0.76-0.850.91-0.57
0.450.70.70.730.450.430.69-0.550.670.54-0.140.350.540.17-0.340.120.230.480.750.240.78-0.28-0.390.65-0.13
0.81-0.260.580.6-0.56-0.50.61-0.4-0.140.55-0.870.480.550.17-0.82-0.21-0.540.70.480.20.52-0.82-0.680.55-0.84
-0.960.18-0.73-0.750.520.46-0.780.560.09-0.630.96-0.61-0.63-0.34-0.820.320.45-0.93-0.43-0.29-0.590.960.9-0.770.97
-0.21-0.05-0.33-0.19-0.07-0.1-0.270.480.55-0.430.26-0.54-0.430.12-0.210.320.28-0.42-0.04-0.33-0.240.410.46-0.510.35
-0.440.47-0.23-0.180.660.39-0.17-0.050.66-0.080.44-0.4-0.080.23-0.540.450.28-0.29-0.06-0.430.060.470.39-0.110.54
0.930.130.870.87-0.23-0.180.9-0.790.010.83-0.850.750.830.480.7-0.93-0.42-0.290.580.370.78-0.95-0.960.92-0.89
0.590.680.870.890.290.420.84-0.760.430.83-0.290.690.830.750.48-0.43-0.04-0.060.580.310.91-0.51-0.60.72-0.3
0.280.170.380.350.040.320.4-0.28-0.280.3-0.160.420.30.240.2-0.29-0.33-0.430.370.310.3-0.33-0.390.45-0.28
0.690.650.930.940.30.320.93-0.920.410.94-0.470.720.940.780.52-0.59-0.240.060.780.910.3-0.66-0.750.91-0.47
-0.950.09-0.79-0.80.460.35-0.840.690.17-0.760.93-0.77-0.76-0.28-0.820.960.410.47-0.95-0.51-0.33-0.660.96-0.810.96
-0.92-0.12-0.89-0.870.270.14-0.910.810.1-0.850.83-0.83-0.85-0.39-0.680.90.460.39-0.96-0.6-0.39-0.750.96-0.890.88
0.790.440.930.90.120.160.93-0.920.120.91-0.630.780.910.650.55-0.77-0.51-0.110.920.720.450.91-0.81-0.89-0.67
-0.920.33-0.63-0.640.640.56-0.680.490.25-0.570.98-0.59-0.57-0.13-0.840.970.350.54-0.89-0.3-0.28-0.470.960.88-0.67
Click cells to compare fundamentals

Secureworks Corp Account Relationship Matchups

Secureworks Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding80.6M81.4M82.9M84.4M86.0M86.9M
Total Assets1.0B1.0B987.3M840.9M724.8M751.6M
Other Current Liab98.9M109.1M88.1M81.6M61.9M76.5M
Total Current Liabilities293.4M294.3M266.5M245.6M202.1M243.2M
Total Stockholder Equity666.9M667.8M648.1M558.0M501.3M505.5M
Property Plant And Equipment Net51.1M39.5M25.9M13.9M7.2M6.9M
Current Deferred Revenue175.8M168.4M163.3M145.2M131.2M144.1M
Net Debt(157.2M)(197.8M)(203.8M)(131.4M)(60.9M)(63.9M)
Accounts Payable18.7M16.8M15.1M18.8M9.0M14.4M
Cash181.8M220.3M220.7M143.5M68.7M122.5M
Non Current Assets Total726.2M699.1M653.9M606.6M586.6M559.4M
Non Currrent Assets Other78.6M76.0M65.8M57.0M45.0M42.6M
Cash And Short Term Investments181.8M220.3M220.7M143.5M68.7M122.5M
Net Receivables111.8M108.0M86.2M72.6M59.4M78.9M
Liabilities And Stockholders Equity1.0B1.0B987.3M840.9M724.8M751.6M
Non Current Liabilities Total87.8M83.2M72.8M37.3M21.3M20.3M
Inventory746K560K505K620K727K982.0K
Other Current Assets27.4M17.3M40.4M30.3M9.4M8.9M
Other Stockholder Equity877.1M897.4M919.5M947.5M976.4M918.0M
Total Liab381.2M377.6M339.2M282.9M223.5M338.4M
Property Plant And Equipment Gross51.1M39.5M25.9M13.9M47.7M35.6M
Total Current Assets321.8M346.2M333.4M234.3M138.1M264.3M
Accumulated Other Comprehensive Income(3.1M)(660K)(2.7M)(6.2M)(5.8M)(5.5M)
Intangible Assets180.1M157.8M133.7M106.2M83.2M79.1M
Other Liab82.9M63.1M60.8M55.9M50.3M68.9M
Net Tangible Assets70.3M84.1M88.4M26.2M30.2M22.9M
Retained Earnings(207.9M)(229.8M)(269.6M)(384.1M)(470.2M)(446.7M)
Other Assets78.2M78.6M76.0M68.3M78.6M53.9M
Deferred Long Term Liab75.4M72.3M64.0M53.6M61.6M52.3M
Common Stock812K824K843K847K864K806.1K
Property Plant Equipment51.1M39.5M25.9M4.6M4.2M4.0M
Common Stock Total Equity812K824K843K847K974.1K887.4K
Capital Surpluse897.0M917.3M939.4M967.4M1.1B968.0M
Retained Earnings Total Equity(207.9M)(229.8M)(269.6M)(384.1M)(345.7M)(328.4M)
Non Current Liabilities Other7.1M51.2M43.1M37.3M7.8M7.4M
Net Invested Capital666.9M667.8M648.1M558.0M501.3M504.4M

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