Searchlight Free Cash Flow Yield vs Net Current Asset Value Analysis

SCLT Stock

CAD 0.01 0.00 0.00%

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 Free Cash Flow Yield and its Net Current Asset Value 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.

Free Cash Flow Yield vs Net Current Asset Value

Free Cash Flow Yield vs Net Current Asset Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Searchlight Resources Free Cash Flow Yield account and Net Current Asset Value. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Searchlight Resources' Free Cash Flow Yield and Net Current Asset Value is -0.34. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Net Current Asset Value 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' Free Cash Flow Yield and Net Current Asset Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Searchlight Resources are associated (or correlated) with its Net Current Asset Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Current Asset Value has no effect on the direction of Free Cash Flow Yield i.e., Searchlight Resources' Free Cash Flow Yield and Net Current Asset Value go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Net Current Asset Value

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

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Current Liab	Property Plant And Equipment Net	Other Current Assets	Short Term Investments	Current Deferred Revenue	Net Receivables	Net Tangible Assets	Property Plant Equipment
Total Assets		-0.71	-0.47	0.97	-0.9	-0.53	-0.31	0.98	0.93	0.17	0.98	0.96	0.04	-0.48	0.98	-0.7	0.62	0.69	-0.32	0.93	0.95	-0.17	-0.43	0.5	0.98	0.96
Short Long Term Debt Total	-0.71		0.73	-0.81	0.69	-0.04	0.52	-0.69	-0.67	0.38	-0.68	-0.71	0.37	0.76	-0.68	0.99	-0.38	-0.39	0.69	-0.67	-0.64	-0.21	-0.24	-0.44	-0.79	-0.74
Total Current Liabilities	-0.47	0.73		-0.65	0.5	-0.06	0.62	-0.44	-0.46	0.29	-0.44	-0.51	0.15	0.93	-0.45	0.7	-0.26	-0.19	0.85	-0.46	-0.47	-0.21	-0.19	-0.41	-0.62	-0.52
Total Stockholder Equity	0.97	-0.81	-0.65		-0.91	-0.44	-0.42	0.96	0.92	0.06	0.94	0.95	-0.01	-0.67	0.95	-0.79	0.58	0.64	-0.5	0.92	0.93	-0.14	-0.31	0.54	1.0	0.96
Net Debt	-0.9	0.69	0.5	-0.91		0.39	0.23	-0.95	-0.76	-0.14	-0.92	-0.82	-0.16	0.55	-0.93	0.67	-0.4	-0.44	0.28	-0.76	-0.8	0.25	0.3	-0.6	-0.91	-0.82
Retained Earnings	-0.53	-0.04	-0.06	-0.44	0.39		0.07	-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	-0.5	0.49	0.92	-0.3	-0.47	-0.53
Accounts Payable	-0.31	0.52	0.62	-0.42	0.23	0.07		-0.22	-0.37	0.19	-0.27	-0.38	0.51	0.6	-0.26	0.44	-0.2	-0.44	0.49	-0.37	-0.36	-0.35	-0.11	-0.21	-0.42	-0.42
Cash	0.98	-0.69	-0.44	0.96	-0.95	-0.49	-0.22		0.88	0.16	0.98	0.91	0.12	-0.47	0.99	-0.69	0.56	0.6	-0.27	0.88	0.9	-0.22	-0.41	0.54	0.96	0.92
Non Current Assets Total	0.93	-0.67	-0.46	0.92	-0.76	-0.49	-0.37	0.88		0.1	0.86	0.99	0.0	-0.49	0.85	-0.66	0.74	0.72	-0.35	1.0	0.99	-0.25	-0.42	0.29	0.93	0.96
Non Currrent Assets Other	0.17	0.38	0.29	0.06	-0.14	-0.8	0.19	0.16	0.1		0.2	0.09	0.4	0.28	0.2	0.39	0.05	0.37	0.27	0.1	0.12	-0.48	-0.81	0.13	0.09	0.12
Cash And Short Term Investments	0.98	-0.68	-0.44	0.94	-0.92	-0.53	-0.27	0.98	0.86	0.2		0.89	0.08	-0.43	1.0	-0.67	0.54	0.64	-0.28	0.86	0.88	-0.1	-0.43	0.55	0.95	0.91
Common Stock Shares Outstanding	0.96	-0.71	-0.51	0.95	-0.82	-0.49	-0.38	0.91	0.99	0.09	0.89		-0.02	-0.54	0.89	-0.69	0.7	0.72	-0.39	0.99	0.99	-0.26	-0.39	0.42	0.96	0.98
Other Stockholder Equity	0.04	0.37	0.15	-0.01	-0.16	-0.22	0.51	0.12	0.0	0.4	0.08	-0.02		0.16	0.08	0.4	0.08	-0.35	0.22	0.0	0.06	-0.49	-0.48	-0.09	-0.02	-0.06
Total Liab	-0.48	0.76	0.93	-0.67	0.55	-0.03	0.6	-0.47	-0.49	0.28	-0.43	-0.54	0.16		-0.44	0.74	-0.27	-0.22	0.84	-0.49	-0.49	-0.01	-0.18	-0.41	-0.65	-0.55
Total Current Assets	0.98	-0.68	-0.45	0.95	-0.93	-0.52	-0.26	0.99	0.85	0.2	1.0	0.89	0.08	-0.44		-0.68	0.53	0.64	-0.29	0.85	0.88	-0.12	-0.43	0.58	0.95	0.91
Short Term Debt	-0.7	0.99	0.7	-0.79	0.67	-0.05	0.44	-0.69	-0.66	0.39	-0.67	-0.69	0.4	0.74	-0.68		-0.37	-0.39	0.69	-0.65	-0.62	-0.22	-0.25	-0.43	-0.78	-0.72
Intangible Assets	0.62	-0.38	-0.26	0.58	-0.4	-0.2	-0.2	0.56	0.74	0.05	0.54	0.7	0.08	-0.27	0.53	-0.37		0.48	-0.13	0.74	0.74	-0.22	-0.33	-0.07	0.59	0.63
Common Stock	0.69	-0.39	-0.19	0.64	-0.44	-0.76	-0.44	0.6	0.72	0.37	0.64	0.72	-0.35	-0.22	0.64	-0.39	0.48		-0.15	0.72	0.7	-0.19	-0.59	0.31	0.67	0.75
Other Current Liab	-0.32	0.69	0.85	-0.5	0.28	-0.09	0.49	-0.27	-0.35	0.27	-0.28	-0.39	0.22	0.84	-0.29	0.69	-0.13	-0.15		-0.35	-0.31	-0.27	-0.26	-0.39	-0.47	-0.45
Property Plant And Equipment Net	0.93	-0.67	-0.46	0.92	-0.76	-0.49	-0.37	0.88	1.0	0.1	0.86	0.99	0.0	-0.49	0.85	-0.65	0.74	0.72	-0.35		0.99	-0.25	-0.42	0.29	0.93	0.96
Other Current Assets	0.95	-0.64	-0.47	0.93	-0.8	-0.5	-0.36	0.9	0.99	0.12	0.88	0.99	0.06	-0.49	0.88	-0.62	0.74	0.7	-0.31	0.99		-0.27	-0.44	0.33	0.94	0.95
Short Term Investments	-0.17	-0.21	-0.21	-0.14	0.25	0.49	-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	-0.27		0.58	-0.04	-0.15	-0.2
Current Deferred Revenue	-0.43	-0.24	-0.19	-0.31	0.3	0.92	-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	-0.44	0.58		-0.1	-0.35	-0.39
Net Receivables	0.5	-0.44	-0.41	0.54	-0.6	-0.3	-0.21	0.54	0.29	0.13	0.55	0.42	-0.09	-0.41	0.58	-0.43	-0.07	0.31	-0.39	0.29	0.33	-0.04	-0.1		0.53	0.51
Net Tangible Assets	0.98	-0.79	-0.62	1.0	-0.91	-0.47	-0.42	0.96	0.93	0.09	0.95	0.96	-0.02	-0.65	0.95	-0.78	0.59	0.67	-0.47	0.93	0.94	-0.15	-0.35	0.53		0.97
Property Plant Equipment	0.96	-0.74	-0.52	0.96	-0.82	-0.53	-0.42	0.92	0.96	0.12	0.91	0.98	-0.06	-0.55	0.91	-0.72	0.63	0.75	-0.45	0.96	0.95	-0.2	-0.39	0.51	0.97

Click cells to compare fundamentals

Searchlight Resources Account Relationship Matchups

Searchlight Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4M	1.9M	2.2M	2.2M	2.5M	2.6M
Total Current Liabilities	214.2K	21.6K	72.3K	138.8K	124.9K	118.7K
Total Stockholder Equity	1.2M	1.9M	2.1M	2.0M	2.3M	2.5M
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 Payable	20.7K	440.0	13.3K	17.2K	15.5K	14.7K
Cash	883.7K	1.2M	1.4M	1.3M	1.5M	1.5M
Non Current Assets Total	233.6K	400.2K	470.2K	757.7K	871.4K	915.0K
Cash And Short Term Investments	1.2M	1.4M	1.5M	1.3M	1.5M	1.6M
Common Stock Shares Outstanding	35.0M	82.1M	111.8M	132.8M	152.7M	160.4M
Liabilities And Stockholders Equity	1.4M	1.9M	2.2M	2.2M	2.5M	2.6M
Other Stockholder Equity	8.7M	9.1M	9.3M	9.5M	11.0M	13.0M
Total Liab	214.2K	21.6K	72.3K	138.8K	124.9K	118.7K
Total Current Assets	1.2M	1.5M	1.7M	1.4M	1.6M	1.7M
Common Stock	22.8M	24.5M	25.9M	27.2M	31.2M	32.8M
Other Current Liab	116.7K	21.6K	72.3K	138.8K	124.9K	185.7K
Property Plant And Equipment Net	233.6K	400.2K	470.2K	757.7K	871.4K	915.0K
Other Current Assets	35.1K	47.5K	70.5K	94.2K	108.3K	113.7K
Short Term Investments	274.1K	164.5K	65.8K	47.7K	43.0K	40.8K
Net Receivables	17.0K	86.6K	154.1K	13.7K	15.7K	14.9K
Net Tangible Assets	(246.6K)	1.2M	1.9M	2.1M	2.4M	2.5M
Property Plant Equipment	199.3K	233.6K	400.2K	470.2K	540.8K	567.8K
Net Invested Capital	1.3M	1.9M	2.1M	2.0M	2.3M	1.4M
Net Working Capital	995.7K	1.5M	1.6M	1.3M	1.5M	937.4K
Capital Stock	22.8M	24.5M	25.9M	27.2M	31.2M	26.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC