Searchlight Retained Earnings vs Common Stock 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 Retained Earnings and its Common Stock 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.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Searchlight Resources Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Searchlight Resources' Retained Earnings and Common Stock is -0.76. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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' Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Searchlight Resources are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Searchlight Resources' Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Common Stock
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
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Searchlight Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.