Secureworks Net Debt vs Cash Analysis

SCWX Stock

USD 8.37 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 Debt and its Cash 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 Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secureworks Corp Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Secureworks Corp's Net Debt and Cash is -0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Debt and Cash 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 Debt of Secureworks Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Secureworks Corp's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Secureworks Corp, which is listed under current asset account on Secureworks Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Secureworks Corp customers. The amounts must be unrestricted with restricted cash listed in a different Secureworks Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Expense	3.5M	1.2M	2.6M	2.2M
Depreciation And Amortization	49.6M	45.2M	33.9M	44.6M

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	0.83	0.86	-0.43	-0.34	0.86	-0.63	0.0	0.72	-0.9	0.69	0.72	0.45	0.81	-0.96	-0.21	-0.44	0.93	0.59	0.28	0.69	-0.95	-0.92	0.79	-0.92
Total Assets	-0.02		0.5	0.48	0.88	0.87	0.44	-0.61	0.56	0.54	0.35	0.36	0.54	0.7	-0.26	0.18	-0.05	0.47	0.13	0.68	0.17	0.65	0.09	-0.12	0.44	0.33
Other Current Liab	0.83	0.5		0.98	0.08	0.2	0.97	-0.89	0.22	0.93	-0.58	0.83	0.93	0.7	0.58	-0.73	-0.33	-0.23	0.87	0.87	0.38	0.93	-0.79	-0.89	0.93	-0.63
Total Current Liabilities	0.86	0.48	0.98		0.04	0.16	0.99	-0.86	0.29	0.91	-0.61	0.8	0.91	0.73	0.6	-0.75	-0.19	-0.18	0.87	0.89	0.35	0.94	-0.8	-0.87	0.9	-0.64
Total Stockholder Equity	-0.43	0.88	0.08	0.04		0.88	0.02	-0.3	0.47	0.17	0.66	-0.01	0.17	0.45	-0.56	0.52	-0.07	0.66	-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	0.2	0.16	0.88		0.13	-0.32	0.38	0.24	0.62	0.18	0.24	0.43	-0.5	0.46	-0.1	0.39	-0.18	0.42	0.32	0.32	0.35	0.14	0.16	0.56
Current Deferred Revenue	0.86	0.44	0.97	0.99	0.02	0.13		-0.88	0.22	0.92	-0.65	0.84	0.92	0.69	0.61	-0.78	-0.27	-0.17	0.9	0.84	0.4	0.93	-0.84	-0.91	0.93	-0.68
Net Debt	-0.63	-0.61	-0.89	-0.86	-0.3	-0.32	-0.88		-0.18	-0.98	0.45	-0.82	-0.98	-0.55	-0.4	0.56	0.48	-0.05	-0.79	-0.76	-0.28	-0.92	0.69	0.81	-0.92	0.49
Accounts Payable	0.0	0.56	0.22	0.29	0.47	0.38	0.22	-0.18		0.16	0.15	-0.19	0.16	0.67	-0.14	0.09	0.55	0.66	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	0.85	1.0	0.54	0.55	-0.63	-0.43	-0.08	0.83	0.83	0.3	0.94	-0.76	-0.85	0.91	-0.57
Non Current Assets Total	-0.9	0.35	-0.58	-0.61	0.66	0.62	-0.65	0.45	0.15	-0.54		-0.49	-0.54	-0.14	-0.87	0.96	0.26	0.44	-0.85	-0.29	-0.16	-0.47	0.93	0.83	-0.63	0.98
Non Currrent Assets Other	0.69	0.36	0.83	0.8	-0.01	0.18	0.84	-0.82	-0.19	0.85	-0.49		0.85	0.35	0.48	-0.61	-0.54	-0.4	0.75	0.69	0.42	0.72	-0.77	-0.83	0.78	-0.59
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	0.85		0.54	0.55	-0.63	-0.43	-0.08	0.83	0.83	0.3	0.94	-0.76	-0.85	0.91	-0.57
Net Receivables	0.45	0.7	0.7	0.73	0.45	0.43	0.69	-0.55	0.67	0.54	-0.14	0.35	0.54		0.17	-0.34	0.12	0.23	0.48	0.75	0.24	0.78	-0.28	-0.39	0.65	-0.13
Good Will	0.81	-0.26	0.58	0.6	-0.56	-0.5	0.61	-0.4	-0.14	0.55	-0.87	0.48	0.55	0.17		-0.82	-0.21	-0.54	0.7	0.48	0.2	0.52	-0.82	-0.68	0.55	-0.84
Non Current Liabilities Total	-0.96	0.18	-0.73	-0.75	0.52	0.46	-0.78	0.56	0.09	-0.63	0.96	-0.61	-0.63	-0.34	-0.82		0.32	0.45	-0.93	-0.43	-0.29	-0.59	0.96	0.9	-0.77	0.97
Inventory	-0.21	-0.05	-0.33	-0.19	-0.07	-0.1	-0.27	0.48	0.55	-0.43	0.26	-0.54	-0.43	0.12	-0.21	0.32		0.28	-0.42	-0.04	-0.33	-0.24	0.41	0.46	-0.51	0.35
Other Current Assets	-0.44	0.47	-0.23	-0.18	0.66	0.39	-0.17	-0.05	0.66	-0.08	0.44	-0.4	-0.08	0.23	-0.54	0.45	0.28		-0.29	-0.06	-0.43	0.06	0.47	0.39	-0.11	0.54
Other Stockholder Equity	0.93	0.13	0.87	0.87	-0.23	-0.18	0.9	-0.79	0.01	0.83	-0.85	0.75	0.83	0.48	0.7	-0.93	-0.42	-0.29		0.58	0.37	0.78	-0.95	-0.96	0.92	-0.89
Total Liab	0.59	0.68	0.87	0.89	0.29	0.42	0.84	-0.76	0.43	0.83	-0.29	0.69	0.83	0.75	0.48	-0.43	-0.04	-0.06	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	-0.28	-0.28	0.3	-0.16	0.42	0.3	0.24	0.2	-0.29	-0.33	-0.43	0.37	0.31		0.3	-0.33	-0.39	0.45	-0.28
Total Current Assets	0.69	0.65	0.93	0.94	0.3	0.32	0.93	-0.92	0.41	0.94	-0.47	0.72	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	-0.79	-0.8	0.46	0.35	-0.84	0.69	0.17	-0.76	0.93	-0.77	-0.76	-0.28	-0.82	0.96	0.41	0.47	-0.95	-0.51	-0.33	-0.66		0.96	-0.81	0.96
Other Liab	-0.92	-0.12	-0.89	-0.87	0.27	0.14	-0.91	0.81	0.1	-0.85	0.83	-0.83	-0.85	-0.39	-0.68	0.9	0.46	0.39	-0.96	-0.6	-0.39	-0.75	0.96		-0.89	0.88
Net Tangible Assets	0.79	0.44	0.93	0.9	0.12	0.16	0.93	-0.92	0.12	0.91	-0.63	0.78	0.91	0.65	0.55	-0.77	-0.51	-0.11	0.92	0.72	0.45	0.91	-0.81	-0.89		-0.67
Retained Earnings	-0.92	0.33	-0.63	-0.64	0.64	0.56	-0.68	0.49	0.25	-0.57	0.98	-0.59	-0.57	-0.13	-0.84	0.97	0.35	0.54	-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	81.6M	61.9M	76.5M
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)	(60.9M)	(63.9M)
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	45.0M	42.6M
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	40.4M	30.3M	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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Secureworks Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

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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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
Current Deferred Revenue	+ 0.97	Other Current Liab
Retained Earnings	+ 0.97	Non Current Liabilities Total

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