Searchlight Enterprise Value vs Working Capital Analysis

SCLT Stock  CAD 0.01  0.01  50.00%   
Searchlight Resources financial indicator trend analysis is much more than just breaking down Searchlight Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Searchlight Resources is a good investment. Please check the relationship between Searchlight Resources Enterprise Value and its Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Searchlight Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Enterprise Value vs Working Capital

Enterprise Value vs Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Searchlight Resources Enterprise Value account and Working Capital. At this time, the significance of the direction appears to have very week relationship.
Enterprise ValueWorking CapitalDiversified AwayEnterprise ValueWorking CapitalDiversified Away100%
The correlation between Searchlight Resources' Enterprise Value and Working Capital is 0.21. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Working Capital in the same time period over historical financial statements of Searchlight Resources, assuming nothing else is changed. The correlation between historical values of Searchlight Resources' Enterprise Value and Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Searchlight Resources are associated (or correlated) with its Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Working Capital has no effect on the direction of Enterprise Value i.e., Searchlight Resources' Enterprise Value and Working Capital go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as Searchlight Resources theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Searchlight Resources debt, but would also pocket its cash. Enterprise Value is more accurate representation of Searchlight Resources value than its market capitalization because it takes into account all of Searchlight Resources existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.
Most indicators from Searchlight Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Searchlight Resources 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 Searchlight Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Enterprise Value is likely to climb to about 10.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 616.3 K in 2024.

Searchlight Resources fundamental ratios Correlations

-0.71-0.470.97-0.9-0.53-0.310.980.930.170.980.960.04-0.480.98-0.70.620.69-0.320.930.95-0.17-0.430.50.980.96
-0.710.73-0.810.69-0.040.52-0.69-0.670.38-0.68-0.710.370.76-0.680.99-0.38-0.390.69-0.67-0.64-0.21-0.24-0.44-0.79-0.74
-0.470.73-0.650.5-0.060.62-0.44-0.460.29-0.44-0.510.150.93-0.450.7-0.26-0.190.85-0.46-0.47-0.21-0.19-0.41-0.62-0.52
0.97-0.81-0.65-0.91-0.44-0.420.960.920.060.940.95-0.01-0.670.95-0.790.580.64-0.50.920.93-0.14-0.310.541.00.96
-0.90.690.5-0.910.390.23-0.95-0.76-0.14-0.92-0.82-0.160.55-0.930.67-0.4-0.440.28-0.76-0.80.250.3-0.6-0.91-0.82
-0.53-0.04-0.06-0.440.390.07-0.49-0.49-0.8-0.53-0.49-0.22-0.03-0.52-0.05-0.2-0.76-0.09-0.49-0.50.490.92-0.3-0.47-0.53
-0.310.520.62-0.420.230.07-0.22-0.370.19-0.27-0.380.510.6-0.260.44-0.2-0.440.49-0.37-0.36-0.35-0.11-0.21-0.42-0.42
0.98-0.69-0.440.96-0.95-0.49-0.220.880.160.980.910.12-0.470.99-0.690.560.6-0.270.880.9-0.22-0.410.540.960.92
0.93-0.67-0.460.92-0.76-0.49-0.370.880.10.860.990.0-0.490.85-0.660.740.72-0.351.00.99-0.25-0.420.290.930.96
0.170.380.290.06-0.14-0.80.190.160.10.20.090.40.280.20.390.050.370.270.10.12-0.48-0.810.130.090.12
0.98-0.68-0.440.94-0.92-0.53-0.270.980.860.20.890.08-0.431.0-0.670.540.64-0.280.860.88-0.1-0.430.550.950.91
0.96-0.71-0.510.95-0.82-0.49-0.380.910.990.090.89-0.02-0.540.89-0.690.70.72-0.390.990.99-0.26-0.390.420.960.98
0.040.370.15-0.01-0.16-0.220.510.120.00.40.08-0.020.160.080.40.08-0.350.220.00.06-0.49-0.48-0.09-0.02-0.06
-0.480.760.93-0.670.55-0.030.6-0.47-0.490.28-0.43-0.540.16-0.440.74-0.27-0.220.84-0.49-0.49-0.01-0.18-0.41-0.65-0.55
0.98-0.68-0.450.95-0.93-0.52-0.260.990.850.21.00.890.08-0.44-0.680.530.64-0.290.850.88-0.12-0.430.580.950.91
-0.70.990.7-0.790.67-0.050.44-0.69-0.660.39-0.67-0.690.40.74-0.68-0.37-0.390.69-0.65-0.62-0.22-0.25-0.43-0.78-0.72
0.62-0.38-0.260.58-0.4-0.2-0.20.560.740.050.540.70.08-0.270.53-0.370.48-0.130.740.74-0.22-0.33-0.070.590.63
0.69-0.39-0.190.64-0.44-0.76-0.440.60.720.370.640.72-0.35-0.220.64-0.390.48-0.150.720.7-0.19-0.590.310.670.75
-0.320.690.85-0.50.28-0.090.49-0.27-0.350.27-0.28-0.390.220.84-0.290.69-0.13-0.15-0.35-0.31-0.27-0.26-0.39-0.47-0.45
0.93-0.67-0.460.92-0.76-0.49-0.370.881.00.10.860.990.0-0.490.85-0.650.740.72-0.350.99-0.25-0.420.290.930.96
0.95-0.64-0.470.93-0.8-0.5-0.360.90.990.120.880.990.06-0.490.88-0.620.740.7-0.310.99-0.27-0.440.330.940.95
-0.17-0.21-0.21-0.140.250.49-0.35-0.22-0.25-0.48-0.1-0.26-0.49-0.01-0.12-0.22-0.22-0.19-0.27-0.25-0.270.58-0.04-0.15-0.2
-0.43-0.24-0.19-0.310.30.92-0.11-0.41-0.42-0.81-0.43-0.39-0.48-0.18-0.43-0.25-0.33-0.59-0.26-0.42-0.440.58-0.1-0.35-0.39
0.5-0.44-0.410.54-0.6-0.3-0.210.540.290.130.550.42-0.09-0.410.58-0.43-0.070.31-0.390.290.33-0.04-0.10.530.51
0.98-0.79-0.621.0-0.91-0.47-0.420.960.930.090.950.96-0.02-0.650.95-0.780.590.67-0.470.930.94-0.15-0.350.530.97
0.96-0.74-0.520.96-0.82-0.53-0.420.920.960.120.910.98-0.06-0.550.91-0.720.630.75-0.450.960.95-0.2-0.390.510.97
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Searchlight Resources Account Relationship Matchups

Searchlight Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M1.9M2.2M2.2M2.5M2.6M
Total Current Liabilities214.2K21.6K72.3K138.8K124.9K118.7K
Total Stockholder Equity1.2M1.9M2.1M2.0M2.3M2.5M
Net Debt(786.2K)(1.2M)(1.4M)(1.3M)(1.1M)(1.1M)
Retained Earnings(30.7M)(32.0M)(33.3M)(34.6M)(31.2M)(32.7M)
Accounts Payable20.7K440.013.3K17.2K15.5K14.7K
Cash883.7K1.2M1.4M1.3M1.5M1.5M
Non Current Assets Total233.6K400.2K470.2K757.7K871.4K915.0K
Cash And Short Term Investments1.2M1.4M1.5M1.3M1.5M1.6M
Common Stock Shares Outstanding35.0M82.1M111.8M132.8M152.7M160.4M
Liabilities And Stockholders Equity1.4M1.9M2.2M2.2M2.5M2.6M
Other Stockholder Equity8.7M9.1M9.3M9.5M11.0M13.0M
Total Liab214.2K21.6K72.3K138.8K124.9K118.7K
Total Current Assets1.2M1.5M1.7M1.4M1.6M1.7M
Common Stock22.8M24.5M25.9M27.2M31.2M32.8M
Other Current Liab116.7K21.6K72.3K138.8K124.9K185.7K
Property Plant And Equipment Net233.6K400.2K470.2K757.7K871.4K915.0K
Other Current Assets35.1K47.5K70.5K94.2K108.3K113.7K
Short Term Investments274.1K164.5K65.8K47.7K43.0K40.8K
Net Receivables17.0K86.6K154.1K13.7K15.7K14.9K
Net Tangible Assets(246.6K)1.2M1.9M2.1M2.4M2.5M
Property Plant Equipment199.3K233.6K400.2K470.2K540.8K567.8K
Net Invested Capital1.3M1.9M2.1M2.0M2.3M1.4M
Net Working Capital995.7K1.5M1.6M1.3M1.5M937.4K
Capital Stock22.8M24.5M25.9M27.2M31.2M26.8M

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Additional Tools for Searchlight Stock Analysis

When running Searchlight Resources' price analysis, check to measure Searchlight Resources' 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 Searchlight Resources is operating at the current time. Most of Searchlight Resources' value examination focuses on studying past and present price action to predict the probability of Searchlight Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Searchlight Resources' price. Additionally, you may evaluate how the addition of Searchlight Resources to your portfolios can decrease your overall portfolio volatility.