SRCH (Searchlight Minerals) Construction In Progress: $1.10 Mil (As of Sep. 2016)


What is Searchlight Minerals Construction In Progress?

Searchlight Minerals SRCH +3.69% Construction In Progress is $1.10 Mil as of Sep. 2016.

Searchlight Minerals's quarterly construction in progress stayed the same from Mar. 2016 ($1.10 Mil) to Jun. 2016 ($1.10 Mil) and stayed the same from Jun. 2016 ($1.10 Mil) to Sep. 2016 ($1.10 Mil).

Searchlight Minerals's annual construction in progress stayed the same from Dec. 2013 ($1.10 Mil) to Dec. 2014 ($1.10 Mil) and stayed the same from Dec. 2014 ($1.10 Mil) to Dec. 2015 ($1.10 Mil).

Searchlight Minerals Construction In Progress Historical Data

* Premium members only.

The historical data trend for Searchlight Minerals's Construction In Progress 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 Minerals Construction In Progress Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.10 1.10 1.10 1.10

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Construction In Progress 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 1.10 1.10 1.10 1.10 1.10

Searchlight Minerals Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $1.10 Mil mean?
Searchlight Minerals (SRCH) has a Construction In Progress of $1.10 Mil as of Sep. 2016. Construction in Progress records the amount of construction work that is not complete. View historical data on Searchlight Minerals and its competitors.
Is Searchlight Minerals' Construction In Progress too high?
Searchlight Minerals' current Construction In Progress is $1.10 Mil.
How does Searchlight Minerals' Construction In Progress compare to WWR?
Searchlight Minerals' Construction In Progress of $1.10 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Searchlight Minerals and its competitors. Searchlight Minerals's current Construction In Progress is $1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Searchlight Minerals stock overvalued right now?
Searchlight Minerals (SRCH) has a current Construction In Progress of $1.10 Mil. The current Construction In Progress is $1.10 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Searchlight Minerals (SRCH), the current Construction In Progress is $1.10 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Searchlight Minerals Business Description

Address 7582 Hawks Landing Drive, West Palm Beach, FL, USA, 33412
Searchlight Minerals Corp is an exploration stage company engaged in a slag reprocessing project and the acquisition and exploration of mineral properties. The Company is presently focused on 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 mined at the United Verde Copper Mine in Jerome, Arizona.