Searchlight Short Term Investments vs Retained Earnings 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 Short Term Investments and its Retained Earnings 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.
Short Term Investments vs Retained Earnings
Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Searchlight Resources Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Searchlight Resources' Short Term Investments and Retained Earnings is 0.49. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings 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' Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Searchlight Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Searchlight Resources' Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Searchlight Resources balance sheet. It contains any investments Searchlight Resources undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Searchlight Resources can easily liquidate in the marketplace.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.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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