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Searchlight Minerals (Searchlight Minerals) Return-on-Tangible-Equity : -5.46% (As of Sep. 2016)


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What is Searchlight Minerals Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Searchlight Minerals's annualized net income for the quarter that ended in Sep. 2016 was $-4.67 Mil. Searchlight Minerals's average shareholder tangible equity for the quarter that ended in Sep. 2016 was $85.51 Mil. Therefore, Searchlight Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 was -5.46%.

The historical rank and industry rank for Searchlight Minerals's Return-on-Tangible-Equity or its related term are showing as below:

SRCH's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.55
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Searchlight Minerals Return-on-Tangible-Equity Historical Data

The historical data trend for Searchlight Minerals's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Searchlight Minerals Return-on-Tangible-Equity Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 -4.45 -3.50 -18.02 -28.94

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -98.43 -10.65 -51.62 -9.12 -5.46

Competitive Comparison of Searchlight Minerals's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Searchlight Minerals's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Searchlight Minerals's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Searchlight Minerals's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Searchlight Minerals's Return-on-Tangible-Equity falls into.



Searchlight Minerals Return-on-Tangible-Equity Calculation

Searchlight Minerals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=-27.087/( (104.916+82.252 )/ 2 )
=-27.087/93.584
=-28.94 %

Searchlight Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=-4.668/( (86.096+84.931)/ 2 )
=-4.668/85.5135
=-5.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Searchlight Minerals  (OTCPK:SRCH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Searchlight Minerals Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Searchlight Minerals's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Searchlight Minerals (Searchlight Minerals) Business Description

Traded in Other Exchanges
N/A
Address
2360 West Horizon Ridge Parkway, Suite 100, Henderson, NV, USA, 89052
Searchlight Minerals Corp is a exploration-stage company. It is engaged in the slag reprocessing project and the acquisition and exploration of mineral properties at the Clarkdale Slag Project. The Clarkdale Slag Project located in Arizona is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Arizona.
Executives
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Thebes Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
John Edward Mack director P.O.BOX 1575, BRECKENRIDGE CO 80424
Thebes Partners Offshore, Ltd. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Thebes Offshore Master Fund, Lp 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Luxor Spectrum Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD, P.O. BOX 309 GT, GEORGE TOWN E9 KY1-1104
Luxor Spectrum Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 29TH FLOOR, NEW YORK NY 10036
Ian R Mcneil director, officer: CEO 3500 LAKESIDE COURT, SUITE 206, RENO NV 89509

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