Searchlight Minerals Corp
Searchlight Minerals Corp., an exploration stage company, engages in a slag reprocessing project; and the acquisition and exploration of mineral properties in the United States. It holds interests in the Clarkdale slag project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mi… Read more
Searchlight Minerals Corp (SRCH) - Net Assets
Latest net assets as of September 2016: $84.93 Million USD
Based on the latest financial reports, Searchlight Minerals Corp (SRCH) has net assets worth $84.93 Million USD as of September 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($135.94 Million) and total liabilities ($51.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $84.93 Million |
| % of Total Assets | 62.48% |
| Annual Growth Rate | 35.6% |
| 5-Year Change | -10.49% |
| 10-Year Change | -44.66% |
| Growth Volatility | 751.9 |
Searchlight Minerals Corp - Net Assets Trend (1999–2024)
This chart illustrates how Searchlight Minerals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Searchlight Minerals Corp (1999–2024)
The table below shows the annual net assets of Searchlight Minerals Corp from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $67.38 Million | -3.46% |
| 2023-12-31 | $69.79 Million | -1.79% |
| 2022-12-31 | $71.06 Million | -2.60% |
| 2021-12-31 | $72.96 Million | -3.08% |
| 2020-12-31 | $75.27 Million | -8.48% |
| 2015-12-31 | $82.25 Million | -21.60% |
| 2014-12-31 | $104.92 Million | -10.72% |
| 2013-12-31 | $117.51 Million | -2.96% |
| 2012-12-31 | $121.09 Million | -0.54% |
| 2011-12-31 | $121.76 Million | +0.51% |
| 2010-12-31 | $121.14 Million | -2.04% |
| 2009-12-31 | $123.66 Million | +8.85% |
| 2008-12-31 | $113.60 Million | +9.27% |
| 2007-12-31 | $103.97 Million | +2924.43% |
| 2006-12-31 | $3.44 Million | +535.99% |
| 2005-12-31 | $540.50K | +132.10% |
| 2004-12-31 | $-1.68 Million | -70.83% |
| 2003-12-31 | $-985.77K | -8.06% |
| 2002-12-31 | $-912.28K | +8.75% |
| 2001-12-31 | $-999.77K | -330.93% |
| 2000-12-31 | $-232.00K | -797.35% |
| 1999-12-31 | $33.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Searchlight Minerals Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11946284500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $363.60K | 0.54% |
| Other Components | $186.58 Million | 276.92% |
| Total Equity | $67.38 Million | 100.00% |
Searchlight Minerals Corp Competitors by Market Cap
The table below lists competitors of Searchlight Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MEP Infrastructure Developers Limited
NSE:MEP
|
$1.33 Million |
|
YUM BRANDS - Dusseldorf Stock Exchang
DU:TGR
|
$1.33 Million |
|
INVO Fertility, Inc.
NASDAQ:IVF
|
$1.33 Million |
|
Taboola.com Ltd. Warrant
NASDAQ:TBLAW
|
$1.33 Million |
|
CDTi Advanced Materials Inc
PINK:CDTI
|
$1.33 Million |
|
HUMANA (HUM.SG)
STU:HUM
|
$1.33 Million |
|
Love Group Global Ltd
AU:LVE
|
$1.33 Million |
|
PROCTER&GAMBLE - Dusseldorf Stock Exchang
DU:PRG
|
$1.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Searchlight Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,790,514 to 67,375,861, a change of -2,414,653 (-3.5%).
- Net loss of 2,687,255 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.69 Million | -3.99% |
| Other Changes | $272.60K | +0.4% |
| Total Change | $- | -3.46% |
Book Value vs Market Value Analysis
This analysis compares Searchlight Minerals Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.02x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.01 | $0.01 | x |
| 2001-12-31 | $-0.02 | $0.01 | x |
| 2002-12-31 | $-0.02 | $0.01 | x |
| 2003-12-31 | $-0.01 | $0.01 | x |
| 2004-12-31 | $-0.02 | $0.01 | x |
| 2005-12-31 | $0.01 | $0.01 | x |
| 2006-12-31 | $0.06 | $0.01 | x |
| 2007-12-31 | $1.17 | $0.01 | x |
| 2008-12-31 | $1.09 | $0.01 | x |
| 2009-12-31 | $1.14 | $0.01 | x |
| 2010-12-31 | $1.02 | $0.01 | x |
| 2011-12-31 | $0.96 | $0.01 | x |
| 2012-12-31 | $0.91 | $0.01 | x |
| 2013-12-31 | $0.87 | $0.01 | x |
| 2014-12-31 | $0.77 | $0.01 | x |
| 2015-12-31 | $0.55 | $0.01 | x |
| 2020-12-31 | $0.21 | $0.01 | x |
| 2021-12-31 | $0.20 | $0.01 | x |
| 2022-12-31 | $0.20 | $0.01 | x |
| 2023-12-31 | $0.19 | $0.01 | x |
| 2024-12-31 | $0.19 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Searchlight Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.92x
- Recent ROE (-3.99%) is above the historical average (-27.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -56.67% | 0.00% | 0.00x | 1.02x | $-22.18K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-665.20K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.09 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.13 Million |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-422.06K |
| 2005 | -318.55% | 0.00% | 0.00x | 3.18x | $-1.78 Million |
| 2006 | -106.23% | 0.00% | 0.00x | 1.46x | $-4.00 Million |
| 2007 | -2.13% | -6085.73% | 0.00x | 1.62x | $-12.61 Million |
| 2008 | -2.75% | -8758.08% | 0.00x | 1.47x | $-14.49 Million |
| 2009 | -3.34% | 0.00% | 0.00x | 1.41x | $-16.50 Million |
| 2010 | -4.13% | 0.00% | 0.00x | 1.39x | $-17.11 Million |
| 2011 | -2.81% | 0.00% | 0.00x | 1.36x | $-15.59 Million |
| 2012 | -4.46% | 0.00% | 0.00x | 1.34x | $-17.51 Million |
| 2013 | -3.30% | 0.00% | 0.00x | 1.36x | $-15.63 Million |
| 2014 | -17.65% | 0.00% | 0.00x | 1.32x | $-29.01 Million |
| 2015 | -32.93% | 0.00% | 0.00x | 1.66x | $-35.31 Million |
| 2020 | -3.55% | 0.00% | 0.00x | 1.76x | $-10.20 Million |
| 2021 | -3.47% | 0.00% | 0.00x | 1.80x | $-9.82 Million |
| 2022 | -3.35% | 0.00% | 0.00x | 1.84x | $-9.48 Million |
| 2023 | -3.27% | 0.00% | 0.00x | 1.87x | $-9.26 Million |
| 2024 | -3.99% | 0.00% | 0.00x | 1.92x | $-9.42 Million |
Industry Comparison
This section compares Searchlight Minerals Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Searchlight Minerals Corp (SRCH) | $84.93 Million | -56.67% | 0.60x | $1.33 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |