Secureworks Corp
SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions; managed security services; and professional services, including incident response and penetration testing services. Its solutions enable organizations to preven… Read more
Secureworks Corp (SCWX) - Net Assets
Latest net assets as of October 2024: $444.35 Million USD
Based on the latest financial reports, Secureworks Corp (SCWX) has net assets worth $444.35 Million USD as of October 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($664.98 Million) and total liabilities ($220.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $444.35 Million |
| % of Total Assets | 66.82% |
| Annual Growth Rate | -2.33% |
| 5-Year Change | -24.83% |
| 10-Year Change | -19.41% |
| Growth Volatility | 7.9 |
Secureworks Corp - Net Assets Trend (2014–2024)
This chart illustrates how Secureworks Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Secureworks Corp (2014–2024)
The table below shows the annual net assets of Secureworks Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-01-31 | $501.32 Million | -10.15% |
| 2023-01-31 | $557.96 Million | -13.90% |
| 2022-01-31 | $648.06 Million | -2.95% |
| 2021-01-31 | $667.78 Million | +0.14% |
| 2020-01-31 | $666.88 Million | -3.73% |
| 2019-01-31 | $692.71 Million | +2.00% |
| 2018-01-31 | $679.15 Million | -1.78% |
| 2017-01-31 | $691.42 Million | +17.50% |
| 2016-01-31 | $588.46 Million | -5.40% |
| 2015-01-31 | $622.04 Million | -2.00% |
| 2014-01-31 | $634.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Secureworks Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 47016300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $864.00K | 0.17% |
| Other Comprehensive Income | $-5.77 Million | -1.15% |
| Other Components | $976.39 Million | 194.76% |
| Total Equity | $501.32 Million | 100.00% |
Secureworks Corp Competitors by Market Cap
The table below lists competitors of Secureworks Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alvopetro Energy Ltd
OTCQX:ALVOF
|
$117.02 Million |
|
Lumina Gold Corp
OTCQX:LMGDF
|
$117.02 Million |
|
Qurate Retail Inc Series A
NASDAQ:QRTEA
|
$117.08 Million |
|
Axo Copper Corp
V:AXO
|
$117.09 Million |
|
AGV Products Corp
TW:1217
|
$116.99 Million |
|
Austin Engineering Limited
PINK:AUSTF
|
$116.99 Million |
|
Baby Bunting Group Ltd
AU:BBN
|
$116.98 Million |
|
Gold Resource Corporation
NYSE MKT:GORO
|
$116.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Secureworks Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 557,961,000 to 501,325,000, a change of -56,636,000 (-10.2%).
- Net loss of 86,042,000 reduced equity.
- Share repurchases of 6,163,000 reduced equity.
- Other comprehensive income increased equity by 466,000.
- Other factors increased equity by 35,103,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-86.04 Million | -17.16% |
| Share Repurchases | $6.16 Million | -1.23% |
| Other Comprehensive Income | $466.00K | +0.09% |
| Other Changes | $35.10 Million | +7.0% |
| Total Change | $- | -10.15% |
Book Value vs Market Value Analysis
This analysis compares Secureworks Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.95x to 1.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-01-31 | $8.94 | $8.51 | x |
| 2015-01-31 | $8.76 | $8.51 | x |
| 2016-01-31 | $7.29 | $8.51 | x |
| 2017-01-31 | $8.91 | $8.51 | x |
| 2018-01-31 | $8.46 | $8.51 | x |
| 2019-01-31 | $8.58 | $8.51 | x |
| 2020-01-31 | $8.28 | $8.51 | x |
| 2021-01-31 | $8.21 | $8.51 | x |
| 2022-01-31 | $7.82 | $8.51 | x |
| 2023-01-31 | $6.61 | $8.51 | x |
| 2024-01-31 | $5.83 | $8.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Secureworks Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.52%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.45x
- Recent ROE (-17.16%) is below the historical average (-8.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -7.01% | -21.63% | 0.24x | 1.36x | $-107.99 Million |
| 2015 | -6.19% | -14.68% | 0.30x | 1.41x | $-100.69 Million |
| 2016 | -12.30% | -21.32% | 0.37x | 1.56x | $-131.23 Million |
| 2017 | -5.53% | -8.90% | 0.43x | 1.45x | $-107.36 Million |
| 2018 | -4.13% | -6.00% | 0.47x | 1.46x | $-95.99 Million |
| 2019 | -5.64% | -7.54% | 0.50x | 1.50x | $-108.37 Million |
| 2020 | -4.75% | -5.73% | 0.53x | 1.57x | $-98.35 Million |
| 2021 | -3.28% | -3.90% | 0.54x | 1.57x | $-88.68 Million |
| 2022 | -6.14% | -7.43% | 0.54x | 1.52x | $-104.60 Million |
| 2023 | -20.52% | -24.70% | 0.55x | 1.51x | $-170.30 Million |
| 2024 | -17.16% | -23.52% | 0.50x | 1.45x | $-136.17 Million |
Industry Comparison
This section compares Secureworks Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Secureworks Corp (SCWX) | $444.35 Million | -7.01% | 0.50x | $116.99 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |