What is Searchlight Resources Financial Strength?
Searchlight Resources has the Financial Strength Rank of 0.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Searchlight Resources has no long-term debt (1).
As of today, Searchlight Resources's Altman Z-Score is 0.00.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Searchlight Resources's Financial Strength
For the Other Industrial Metals & Mining subindustry, Searchlight Resources's Financial Strength, along with its competitors' market caps and Financial Strength 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 Resources's Financial Strength Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Searchlight Resources's Financial Strength distribution charts can be found below:
* The bar in red indicates where Searchlight Resources's Financial Strength falls into.
Searchlight Resources Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Searchlight Resources's Interest Expense for the
months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the
months ended in Sep. 2024 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil.
Searchlight Resources's Interest Coverage for the quarter that ended in Sep. 2024 is
| Searchlight Resources had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Searchlight Resources Inc has no debt.
2. Debt to revenue ratio. The lower, the better.
Searchlight Resources's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Searchlight Resources has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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 Business Description
Traded in Other Exchanges
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Searchlight Resources Inc is a Canadian mineral exploration and development company focused in Saskatchewan, Canada. Its exploration focus is on gold, uranium and battery minerals throughout the Province. It also holds an interest in Kulyk Lake South; Bootleg Lake Gold Property, Robinson Creek; Wapawekka Lake Greenstone Belt, Reef Lake, Munro Warden Copper Nickel Cobalt Property, Cameron Cobalt Property, Duddridge Lake Property, Flin Flon North Project and Others.
Executives
| 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 |
|
Searchlight Resources Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SCLTF has been successfully added to your