Searchlight Resources Inc (SCLT) - Net Assets
Based on the latest financial reports, Searchlight Resources Inc (SCLT) has net assets worth CA$1.08 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.49 Million) and total liabilities (CA$409.07K). 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 | CA$1.08 Million |
| % of Total Assets | 72.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | -20.04% |
| 10-Year Change | N/A |
| Growth Volatility | 184.66 |
Searchlight Resources Inc - Net Assets Trend (2001–2024)
This chart illustrates how Searchlight Resources Inc'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 Resources Inc (2001–2024)
The table below shows the annual net assets of Searchlight Resources Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$982.96K | -51.81% |
| 2023-06-30 | CA$2.04 Million | -2.48% |
| 2022-06-30 | CA$2.09 Million | +11.64% |
| 2021-06-30 | CA$1.87 Million | +52.40% |
| 2020-06-30 | CA$1.23 Million | +598.51% |
| 2019-06-30 | CA$-246.60K | -215.10% |
| 2018-06-30 | CA$214.25K | +133.89% |
| 2017-06-30 | CA$-632.26K | -93.04% |
| 2016-06-30 | CA$-327.53K | -53.65% |
| 2015-06-30 | CA$-213.17K | -804.77% |
| 2013-06-30 | CA$-23.56K | +85.12% |
| 2012-06-30 | CA$-158.31K | -295.19% |
| 2011-06-30 | CA$81.11K | +142.45% |
| 2010-06-30 | CA$-191.06K | -47.47% |
| 2009-06-30 | CA$-129.56K | +91.08% |
| 2008-06-30 | CA$-1.45 Million | -25.23% |
| 2007-06-30 | CA$-1.16 Million | -113.01% |
| 2006-06-30 | CA$-544.66K | -336.87% |
| 2005-06-30 | CA$-124.67K | -140.42% |
| 2004-06-30 | CA$308.46K | +1656.24% |
| 2003-06-30 | CA$-19.82K | -535.96% |
| 2002-06-30 | CA$4.55K | +110.89% |
| 2001-06-30 | CA$-41.75K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Searchlight Resources Inc'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 3533375909.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.77 Million | 3741.23% |
| Total Equity | CA$982.96K | 100.00% |
Searchlight Resources Inc Competitors by Market Cap
The table below lists competitors of Searchlight Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global IBO Group Ltd
NASDAQ:GIBO
|
$3.53 Million |
|
Oblong Inc
NASDAQ:OBLG
|
$3.53 Million |
|
Sare Holding S.A.B. de C.V
MX:SAREB
|
$3.53 Million |
|
Pangenomic Health Inc.
F:LL3
|
$3.53 Million |
|
TIO
AU:TIO
|
$3.53 Million |
|
Southern Empire Resources Corp
V:SMP
|
$3.52 Million |
|
Willings Co. Ltd
KQ:313760
|
$3.52 Million |
|
Xiwang Property Holdings Company Limited
F:XSA
|
$3.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Searchlight Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,039,560 to 982,958, a change of -1,056,602 (-51.8%).
- Net loss of 1,188,286 reduced equity.
- New share issuances of 205,002 increased equity.
- Other comprehensive income decreased equity by 9,514,113.
- Other factors increased equity by 9,440,795.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.19 Million | -120.89% |
| Share Issuances | CA$205.00K | +20.86% |
| Other Comprehensive Income | CA$-9.51 Million | -967.91% |
| Other Changes | CA$9.44 Million | +960.45% |
| Total Change | CA$- | -51.81% |
Book Value vs Market Value Analysis
This analysis compares Searchlight Resources Inc'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: 3.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | CA$-0.38 | CA$0.12 | x |
| 2002-06-30 | CA$0.04 | CA$0.12 | x |
| 2003-06-30 | CA$-0.01 | CA$0.12 | x |
| 2004-06-30 | CA$0.11 | CA$0.12 | x |
| 2005-06-30 | CA$-0.09 | CA$0.12 | x |
| 2006-06-30 | CA$-0.40 | CA$0.12 | x |
| 2007-06-30 | CA$-0.78 | CA$0.12 | x |
| 2008-06-30 | CA$-2.73 | CA$0.12 | x |
| 2009-06-30 | CA$-0.23 | CA$0.12 | x |
| 2010-06-30 | CA$-0.14 | CA$0.12 | x |
| 2011-06-30 | CA$0.06 | CA$0.12 | x |
| 2012-06-30 | CA$-0.10 | CA$0.12 | x |
| 2013-06-30 | CA$-0.02 | CA$0.12 | x |
| 2015-06-30 | CA$-0.05 | CA$0.12 | x |
| 2016-06-30 | CA$-0.07 | CA$0.12 | x |
| 2017-06-30 | CA$-0.11 | CA$0.12 | x |
| 2018-06-30 | CA$0.01 | CA$0.12 | x |
| 2019-06-30 | CA$-0.01 | CA$0.12 | x |
| 2020-06-30 | CA$0.04 | CA$0.12 | x |
| 2021-06-30 | CA$0.02 | CA$0.12 | x |
| 2022-06-30 | CA$0.02 | CA$0.12 | x |
| 2023-06-30 | CA$0.02 | CA$0.12 | x |
| 2024-06-30 | CA$0.03 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Searchlight Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -120.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.18x
- Recent ROE (-120.89%) is above the historical average (-173.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-13.63K |
| 2002 | -1461.54% | 0.00% | 0.00x | 1.23x | CA$-66.90K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-21.88K |
| 2004 | -691.97% | 0.00% | 0.00x | 1.25x | CA$-2.17 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.92 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-8.52 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.20 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.09 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.30 Million |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.10 Million |
| 2011 | -1017.71% | 0.00% | 0.00x | 15.90x | CA$-833.56K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-592.24K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-634.85K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-371.39K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-81.61K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-383.15K |
| 2018 | -493.00% | 0.00% | 0.00x | 2.84x | CA$-1.08 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-542.66K |
| 2020 | -11.64% | 0.00% | 0.00x | 1.17x | CA$-266.03K |
| 2021 | -71.94% | 0.00% | 0.00x | 1.01x | CA$-1.54 Million |
| 2022 | -63.89% | 0.00% | 0.00x | 1.03x | CA$-1.55 Million |
| 2023 | -68.16% | 0.00% | 0.00x | 1.07x | CA$-1.59 Million |
| 2024 | -120.89% | 0.00% | 0.00x | 1.18x | CA$-1.29 Million |
Industry Comparison
This section compares Searchlight Resources Inc'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: $-404,510
- Average return on equity (ROE) among peers: 31.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Searchlight Resources Inc (SCLT) | CA$1.08 Million | 0.00% | 0.38x | $3.53 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $215.07 Million |
| Aton Resources Inc (AAN) | $-1.50 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-22.33 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $272.15K | -48.58% | 0.07x | $1.27 Billion |
| African Metals Corporation (AFR) | $2.33 Million | 446.81% | 0.22x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
About Searchlight Resources Inc
Searchlight Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for uranium, cobalt, vanadium, lead, copper, zinc, gold, base metals, and rare earth elements. The company was formerly known as Canyon Copper Corp. and changed its name to Searchlight Resources Inc. in July 2018. Searchlight Resources Inc. was incorporated in … Read more