Searchlight Invested Capital vs Capex To Operating Cash Flow 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 Invested Capital and its Capex To Operating Cash Flow 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.
Invested Capital vs Capex To Operating Cash Flow
Invested Capital vs Capex To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Searchlight Resources Invested Capital account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Searchlight Resources' Invested Capital and Capex To Operating Cash Flow is -0.35. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Capex To Operating Cash Flow 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' Invested Capital and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Searchlight Resources are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Invested Capital i.e., Searchlight Resources' Invested Capital and Capex To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Searchlight Resources. There are two different methods for calculating Searchlight Resources invested capital: operating approach and financing approach. Understanding Searchlight Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Capex To Operating Cash Flow
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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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.