Searchlight Short Term Debt vs Total Current Liabilities Analysis

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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 Debt and its Total Current Liabilities 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 Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Searchlight Resources Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Searchlight Resources' Short Term Debt and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Debt and Total Current Liabilities 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 Debt of Searchlight Resources are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Searchlight Resources' Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Searchlight Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Searchlight Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Current Liab	Property Plant And Equipment Net	Other Current Assets	Short Term Investments	Current Deferred Revenue	Net Receivables	Net Tangible Assets	Property Plant Equipment
Total Assets		-0.71	-0.47	0.97	-0.9	-0.53	-0.31	0.98	0.93	0.17	0.98	0.96	0.04	-0.48	0.98	-0.7	0.62	0.69	-0.32	0.93	0.95	-0.17	-0.43	0.5	0.98	0.96
Short Long Term Debt Total	-0.71		0.73	-0.81	0.69	-0.04	0.52	-0.69	-0.67	0.38	-0.68	-0.71	0.37	0.76	-0.68	0.99	-0.38	-0.39	0.69	-0.67	-0.64	-0.21	-0.24	-0.44	-0.79	-0.74
Total Current Liabilities	-0.47	0.73		-0.65	0.5	-0.06	0.62	-0.44	-0.46	0.29	-0.44	-0.51	0.15	0.93	-0.45	0.7	-0.26	-0.19	0.85	-0.46	-0.47	-0.21	-0.19	-0.41	-0.62	-0.52
Total Stockholder Equity	0.97	-0.81	-0.65		-0.91	-0.44	-0.42	0.96	0.92	0.06	0.94	0.95	-0.01	-0.67	0.95	-0.79	0.58	0.64	-0.5	0.92	0.93	-0.14	-0.31	0.54	1.0	0.96
Net Debt	-0.9	0.69	0.5	-0.91		0.39	0.23	-0.95	-0.76	-0.14	-0.92	-0.82	-0.16	0.55	-0.93	0.67	-0.4	-0.44	0.28	-0.76	-0.8	0.25	0.3	-0.6	-0.91	-0.82
Retained Earnings	-0.53	-0.04	-0.06	-0.44	0.39		0.07	-0.49	-0.49	-0.8	-0.53	-0.49	-0.22	-0.03	-0.52	-0.05	-0.2	-0.76	-0.09	-0.49	-0.5	0.49	0.92	-0.3	-0.47	-0.53
Accounts Payable	-0.31	0.52	0.62	-0.42	0.23	0.07		-0.22	-0.37	0.19	-0.27	-0.38	0.51	0.6	-0.26	0.44	-0.2	-0.44	0.49	-0.37	-0.36	-0.35	-0.11	-0.21	-0.42	-0.42
Cash	0.98	-0.69	-0.44	0.96	-0.95	-0.49	-0.22		0.88	0.16	0.98	0.91	0.12	-0.47	0.99	-0.69	0.56	0.6	-0.27	0.88	0.9	-0.22	-0.41	0.54	0.96	0.92
Non Current Assets Total	0.93	-0.67	-0.46	0.92	-0.76	-0.49	-0.37	0.88		0.1	0.86	0.99	0.0	-0.49	0.85	-0.66	0.74	0.72	-0.35	1.0	0.99	-0.25	-0.42	0.29	0.93	0.96
Non Currrent Assets Other	0.17	0.38	0.29	0.06	-0.14	-0.8	0.19	0.16	0.1		0.2	0.09	0.4	0.28	0.2	0.39	0.05	0.37	0.27	0.1	0.12	-0.48	-0.81	0.13	0.09	0.12
Cash And Short Term Investments	0.98	-0.68	-0.44	0.94	-0.92	-0.53	-0.27	0.98	0.86	0.2		0.89	0.08	-0.43	1.0	-0.67	0.54	0.64	-0.28	0.86	0.88	-0.1	-0.43	0.55	0.95	0.91
Common Stock Shares Outstanding	0.96	-0.71	-0.51	0.95	-0.82	-0.49	-0.38	0.91	0.99	0.09	0.89		-0.02	-0.54	0.89	-0.69	0.7	0.72	-0.39	0.99	0.99	-0.26	-0.39	0.42	0.96	0.98
Other Stockholder Equity	0.04	0.37	0.15	-0.01	-0.16	-0.22	0.51	0.12	0.0	0.4	0.08	-0.02		0.16	0.08	0.4	0.08	-0.35	0.22	0.0	0.06	-0.49	-0.48	-0.09	-0.02	-0.06
Total Liab	-0.48	0.76	0.93	-0.67	0.55	-0.03	0.6	-0.47	-0.49	0.28	-0.43	-0.54	0.16		-0.44	0.74	-0.27	-0.22	0.84	-0.49	-0.49	-0.01	-0.18	-0.41	-0.65	-0.55
Total Current Assets	0.98	-0.68	-0.45	0.95	-0.93	-0.52	-0.26	0.99	0.85	0.2	1.0	0.89	0.08	-0.44		-0.68	0.53	0.64	-0.29	0.85	0.88	-0.12	-0.43	0.58	0.95	0.91
Short Term Debt	-0.7	0.99	0.7	-0.79	0.67	-0.05	0.44	-0.69	-0.66	0.39	-0.67	-0.69	0.4	0.74	-0.68		-0.37	-0.39	0.69	-0.65	-0.62	-0.22	-0.25	-0.43	-0.78	-0.72
Intangible Assets	0.62	-0.38	-0.26	0.58	-0.4	-0.2	-0.2	0.56	0.74	0.05	0.54	0.7	0.08	-0.27	0.53	-0.37		0.48	-0.13	0.74	0.74	-0.22	-0.33	-0.07	0.59	0.63
Common Stock	0.69	-0.39	-0.19	0.64	-0.44	-0.76	-0.44	0.6	0.72	0.37	0.64	0.72	-0.35	-0.22	0.64	-0.39	0.48		-0.15	0.72	0.7	-0.19	-0.59	0.31	0.67	0.75
Other Current Liab	-0.32	0.69	0.85	-0.5	0.28	-0.09	0.49	-0.27	-0.35	0.27	-0.28	-0.39	0.22	0.84	-0.29	0.69	-0.13	-0.15		-0.35	-0.31	-0.27	-0.26	-0.39	-0.47	-0.45
Property Plant And Equipment Net	0.93	-0.67	-0.46	0.92	-0.76	-0.49	-0.37	0.88	1.0	0.1	0.86	0.99	0.0	-0.49	0.85	-0.65	0.74	0.72	-0.35		0.99	-0.25	-0.42	0.29	0.93	0.96
Other Current Assets	0.95	-0.64	-0.47	0.93	-0.8	-0.5	-0.36	0.9	0.99	0.12	0.88	0.99	0.06	-0.49	0.88	-0.62	0.74	0.7	-0.31	0.99		-0.27	-0.44	0.33	0.94	0.95
Short Term Investments	-0.17	-0.21	-0.21	-0.14	0.25	0.49	-0.35	-0.22	-0.25	-0.48	-0.1	-0.26	-0.49	-0.01	-0.12	-0.22	-0.22	-0.19	-0.27	-0.25	-0.27		0.58	-0.04	-0.15	-0.2
Current Deferred Revenue	-0.43	-0.24	-0.19	-0.31	0.3	0.92	-0.11	-0.41	-0.42	-0.81	-0.43	-0.39	-0.48	-0.18	-0.43	-0.25	-0.33	-0.59	-0.26	-0.42	-0.44	0.58		-0.1	-0.35	-0.39
Net Receivables	0.5	-0.44	-0.41	0.54	-0.6	-0.3	-0.21	0.54	0.29	0.13	0.55	0.42	-0.09	-0.41	0.58	-0.43	-0.07	0.31	-0.39	0.29	0.33	-0.04	-0.1		0.53	0.51
Net Tangible Assets	0.98	-0.79	-0.62	1.0	-0.91	-0.47	-0.42	0.96	0.93	0.09	0.95	0.96	-0.02	-0.65	0.95	-0.78	0.59	0.67	-0.47	0.93	0.94	-0.15	-0.35	0.53		0.97
Property Plant Equipment	0.96	-0.74	-0.52	0.96	-0.82	-0.53	-0.42	0.92	0.96	0.12	0.91	0.98	-0.06	-0.55	0.91	-0.72	0.63	0.75	-0.45	0.96	0.95	-0.2	-0.39	0.51	0.97

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Searchlight Resources Account Relationship Matchups

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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