SCWX Stock | | | USD 8.36 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 Non Operating Income Net Other and its Net 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 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.
Non Operating Income Net Other vs Net Income
Non Operating Income Net Other vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Secureworks Corp Non Operating Income Net Other account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Secureworks Corp's Non Operating Income Net Other and Net Income is -0.12. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net 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 Non Operating Income Net Other and Net 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 Non Operating Income Net Other of Secureworks Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Non Operating Income Net Other i.e., Secureworks Corp's Non Operating Income Net Other and Net Income go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Operating Income Net Other
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Secureworks Corp financial statement analysis. It represents the amount of money remaining after all of Secureworks Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
Secureworks Corp fundamental ratios Correlations
Click cells to compare fundamentals
Secureworks Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Secureworks Corp fundamental ratios Accounts
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Additional Tools for Secureworks Stock Analysis
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.