SCLTF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SCLTF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Searchlight Resources's annualized Net Income for the quarter that ended in Dec. 2023 was $-2.07 Mil. Searchlight Resources's average total tangible assets for the quarter that ended in Dec. 2023 was $1.25 Mil. Therefore, Searchlight Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -165.31%.
The historical rank and industry rank for Searchlight Resources's Return-on-Tangible-Asset or its related term are showing as below:
During the past 13 years, Searchlight Resources's highest Return-on-Tangible-Asset was -16.86%. The lowest was -315.66%. And the median was -103.63%.
The historical data trend for Searchlight Resources's Return-on-Tangible-Asset 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.
Searchlight Resources Annual Data | |||||||||||||||||||||
Trend | Jun13 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -130.58 | -16.88 | -84.29 | -64.36 | -62.84 |
Searchlight Resources Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -76.00 | -45.56 | -51.76 | -42.39 | -165.31 |
For the Other Industrial Metals & Mining subindustry, Searchlight Resources's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
For the Metals & Mining industry and Basic Materials sector, Searchlight Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Searchlight Resources's Return-on-Tangible-Asset falls into.
Searchlight Resources's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2023 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Jun. 2023 ) | (A: Jun. 2022 ) | (A: Jun. 2023 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Jun. 2023 ) | (A: Jun. 2022 ) | (A: Jun. 2023 ) | |||||
= | -1.046 | / | ( (1.69 | + | 1.639) | / 2 ) | |
= | -1.046 | / | 1.6645 | ||||
= | -62.84 % |
Searchlight Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | -2.068 | / | ( (1.437 | + | 1.065) | / 2 ) | |
= | -2.068 | / | 1.251 | ||||
= | -165.31 % |
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data.
Searchlight Resources (OTCPK:SCLTF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Thank you for viewing the detailed overview of Searchlight Resources's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
John Reynolds Kerr | director | #215 - 515 WEST PENDER STREET, VANCOUVER A1 V6B 6H5 |
James Ernest Yates | director | 371 NEWDALE COURT, NORTH VANCOUVER A1 V7N 3H3 |
Andrew F Malim | director | 7 OVINGTON STREET, LONDON X0 SW3 2JA |
Mcfarland Cole E | director | 1815 SPRINGVALE LANE, LINCOLN CA 95648 |
Mark A Reynolds | director | 1066 WEST HASTINGS STREET, SUITE 680, P.O. BOX 12575, VANCOUVER A1 V6E 3X1 |
Benjamin Ainsworth | director, officer: Secretary | #408 - 1199 WEST PENDER STREET, VANCOUVER A1 V6E 2R1 |
Anthony R Harvey | director, officer: Chairman and CEO | STE. 408, 1199 WEST PENDER STREET, VANCOUVER A1 V6E 2R1 |
Robert Fredrick Weicker | director | 3000 WALTON AVE, COQUITLAM A1 V3B6V6 |
Bryan Hugh Wilson | director | 84 CEDARCREST CRESCENT, RICHMOND HILL A6 L4S 2P4 |
Kurt Bordian | officer: Chief Financial Officer | 217 FIFTH AVENUE, NEW WESTMINSTER A1 V3L 1R5 |
Milton Datsopoulos | director, officer: Chairman | 201 WEST MAIN STREET, SUITE 201, MISSOULA MT 59802 |
Timothy Dudley Hipsher | director, officer: Secretary | SUITE 1458 - 409 GRANVILLE STREET, VANCOUVER A1 V6C 1T2 |
Cameron John Reynolds | director, officer: C.F.O. | 1489 WEST WARM SPRINGS ROAD, SUITE 110, HENDERSON NV 89014 |
Brent Glen Jardine | director, 10 percent owner, officer: President | 1450 - 409 GRANVILLE STREET, VANCOUVER A1 V6C 1T2 |
Andrei Stytsenko | director, 10 percent owner |
From GuruFocus
By ACCESSWIRE ACCESSWIRE • 12-06-2022
By ACCESSWIRE ACCESSWIRE • 03-24-2023
By ACCESSWIRE ACCESSWIRE • 08-08-2022
By ACCESSWIRE ACCESSWIRE • 07-04-2022
By ACCESSWIRE ACCESSWIRE • 07-06-2022
By ACCESSWIRE ACCESSWIRE • 06-19-2023
By ACCESSWIRE AccessWire • 04-12-2019
By ACCESSWIRE AccessWire • 04-12-2019
By ACCESSWIRE ACCESSWIRE • 10-26-2020
By ACCESSWIRE ACCESSWIRE • 06-27-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.