Secureworks Total Stockholder Equity vs Good Will 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 Total Stockholder Equity and its Good Will 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.

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secureworks Corp Total Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Secureworks Corp's Total Stockholder Equity and Good Will is -0.56. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will 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 Total Stockholder Equity and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Secureworks Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., Secureworks Corp's Total Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.