Secureworks Research Development vs Operating Income Analysis

SCWX Stock  USD 5.83  0.10  1.69%   
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 Research Development and its Operating Income 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secureworks Corp Research Development account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Secureworks Corp's Research Development and Operating Income is -0.3. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income 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 Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Secureworks Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Secureworks Corp's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Operating Income

Operating Income is the amount of profit realized from Secureworks Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Secureworks Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Expense3.5M1.2M2.6M2.2M
Depreciation And Amortization44.4M40.5M37.1M44.0M

Secureworks Corp fundamental ratios Correlations

-0.020.810.86-0.43-0.340.86-0.620.00.72-0.90.160.720.450.81-0.96-0.21-0.590.930.590.280.69-0.95-0.920.79-0.92
-0.020.540.480.880.870.44-0.630.560.540.350.790.540.7-0.260.18-0.050.460.130.680.170.650.09-0.120.440.33
0.810.540.980.120.240.96-0.890.240.93-0.550.610.930.720.57-0.7-0.32-0.320.850.890.380.94-0.76-0.860.92-0.59
0.860.480.980.040.160.99-0.850.290.91-0.610.560.910.730.6-0.75-0.19-0.30.870.890.350.94-0.8-0.870.9-0.64
-0.430.880.120.040.880.02-0.320.470.170.660.570.170.45-0.560.52-0.070.71-0.230.290.040.30.460.270.120.64
-0.340.870.240.160.880.13-0.340.380.240.620.650.240.43-0.50.46-0.10.49-0.180.420.320.320.350.140.160.56
0.860.440.960.990.020.13-0.870.220.92-0.650.550.920.690.61-0.78-0.27-0.310.90.840.40.93-0.84-0.910.93-0.68
-0.62-0.63-0.89-0.85-0.32-0.34-0.87-0.19-0.980.43-0.74-0.98-0.56-0.380.540.470.14-0.78-0.76-0.27-0.910.670.8-0.910.47
0.00.560.240.290.470.380.22-0.190.160.150.230.160.67-0.140.090.550.670.010.43-0.280.410.170.10.120.25
0.720.540.930.910.170.240.92-0.980.16-0.540.671.00.540.55-0.63-0.43-0.270.830.830.30.94-0.76-0.850.91-0.57
-0.90.35-0.55-0.610.660.62-0.650.430.15-0.540.12-0.54-0.14-0.870.960.260.6-0.85-0.29-0.16-0.470.930.83-0.630.98
0.160.790.610.560.570.650.55-0.740.230.670.120.670.43-0.11-0.03-0.330.010.290.640.030.61-0.2-0.380.50.05
0.720.540.930.910.170.240.92-0.980.161.0-0.540.670.540.55-0.63-0.43-0.270.830.830.30.94-0.76-0.850.91-0.57
0.450.70.720.730.450.430.69-0.560.670.54-0.140.430.540.17-0.340.120.260.480.750.240.78-0.28-0.390.65-0.13
0.81-0.260.570.6-0.56-0.50.61-0.38-0.140.55-0.87-0.110.550.17-0.82-0.21-0.630.70.480.20.52-0.82-0.680.55-0.84
-0.960.18-0.7-0.750.520.46-0.780.540.09-0.630.96-0.03-0.63-0.34-0.820.320.59-0.93-0.43-0.29-0.590.960.9-0.770.97
-0.21-0.05-0.32-0.19-0.07-0.1-0.270.470.55-0.430.26-0.33-0.430.12-0.210.320.4-0.42-0.04-0.33-0.240.410.46-0.510.35
-0.590.46-0.32-0.30.710.49-0.310.140.67-0.270.60.01-0.270.26-0.630.590.4-0.45-0.11-0.23-0.060.640.57-0.240.69
0.930.130.850.87-0.23-0.180.9-0.780.010.83-0.850.290.830.480.7-0.93-0.42-0.450.580.370.78-0.95-0.960.92-0.89
0.590.680.890.890.290.420.84-0.760.430.83-0.290.640.830.750.48-0.43-0.04-0.110.580.310.91-0.51-0.60.72-0.3
0.280.170.380.350.040.320.4-0.27-0.280.3-0.160.030.30.240.2-0.29-0.33-0.230.370.310.3-0.33-0.390.45-0.28
0.690.650.940.940.30.320.93-0.910.410.94-0.470.610.940.780.52-0.59-0.24-0.060.780.910.3-0.66-0.750.91-0.47
-0.950.09-0.76-0.80.460.35-0.840.670.17-0.760.93-0.2-0.76-0.28-0.820.960.410.64-0.95-0.51-0.33-0.660.96-0.810.96
-0.92-0.12-0.86-0.870.270.14-0.910.80.1-0.850.83-0.38-0.85-0.39-0.680.90.460.57-0.96-0.6-0.39-0.750.96-0.890.88
0.790.440.920.90.120.160.93-0.910.120.91-0.630.50.910.650.55-0.77-0.51-0.240.920.720.450.91-0.81-0.89-0.67
-0.920.33-0.59-0.640.640.56-0.680.470.25-0.570.980.05-0.57-0.13-0.840.970.350.69-0.89-0.3-0.28-0.470.960.88-0.67
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 Liab98.9M109.1M88.1M76.2M56.8M75.5M
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)(55.8M)(58.5M)
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 Other78.6M76.0M65.8M57.0M(38.2M)(36.3M)
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 Assets27.4M17.3M26.0M17.5M9.4M8.9M
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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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:
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.