SecureWorks (SecureWorks) Cash, Cash Equivalents, Marketable Securities : $68.7 Mil (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is SecureWorks Cash, Cash Equivalents, Marketable Securities?

SecureWorks's quarterly cash, cash equivalents, marketable securities declined from Jul. 2023 ($64.90 Mil) to Oct. 2023 ($58.11 Mil) but then increased from Oct. 2023 ($58.11 Mil) to Jan. 2024 ($68.66 Mil).

SecureWorks's annual cash, cash equivalents, marketable securities declined from Jan. 2022 ($220.66 Mil) to Jan. 2023 ($143.52 Mil) and declined from Jan. 2023 ($143.52 Mil) to Jan. 2024 ($68.66 Mil).

SecureWorks Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SecureWorks's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SecureWorks Cash, Cash Equivalents, Marketable Securities Chart

SecureWorks Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

181.84

220.30

220.66

143.52

68.66

SecureWorks Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															143.52	94.51	64.90	58.11	68.66

SecureWorks Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

SecureWorks (NAS:SCWX) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

SecureWorks Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of SecureWorks's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

SecureWorks (SecureWorks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SecureWorks Corp (NAS:SCWX) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

NN STEM IIIV CCSI RPAY IMXI GCT PSFE LVOX CINT MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

07S:Germany 07S:Germany

Address

One Concourse Parkway North East, Suite 500, Atlanta, GA, USA, 30328

Website

https://www.secureworks.com

SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats.

Executives

Neil Gagnon	10 percent owner	1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Alpana Wegner	officer: Chief Financial Officer	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Stephen Fulton	officer: President, Customer Success	C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Pamela Daley	director	C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Mark J Hawkins	director	C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Wendy Thomas	director, officer: Chief Executive Officer	C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
George B Hanna	officer: Chief Legal & Admin Officer	C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Christian Grant	officer: VP, Chief Accounting Officer	C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Paul Parrish	officer: Chief Financial Officer	705 WESTECH DRIVE, NORCROSS GA 30092
Michael R Cote	10 percent owner	1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Centerview Capital Technology Employee Fund, L.p.	10 percent owner	555 CALIFORNIA STREET, SUITE 3305, SAN FRANCISCO CA 94104
Centerview Capital Technology Ltd.	10 percent owner	64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund Gp (delaware), L.p.	10 percent owner	64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund (delaware), L.p.	10 percent owner	64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund-a (delaware), L.p.	10 percent owner	64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025