Hecla Mining Balance Sheet Health
Financial Health criteria checks 5/6
Hecla Mining has a total shareholder equity of $2.3B and total debt of $547.0M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are $3.3B and $999.3M respectively. Hecla Mining's EBIT is $247.1M making its interest coverage ratio 5.2. It has cash and short-term investments of $296.6M.
Key information
23.68%
Debt to equity ratio
US$547.02m
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$296.57m |
| Equity | US$2.31b |
| Total liabilities | US$999.32m |
| Total assets | US$3.31b |
Recent financial health updates
We Think Hecla Mining (NYSE:HL) Is Taking Some Risk With Its Debt
Apr 23
Hecla Mining (NYSE:HL) Takes On Some Risk With Its Use Of Debt
Jan 16Is Hecla Mining (NYSE:HL) Using Too Much Debt?
Oct 05Recent updates
Hecla Mining: Positive FCF In Sight With Record Silver, But First A Price Drop (Rating Downgrade)
Jul 16Optimistic Investors Push Hecla Mining Company (NYSE:HL) Shares Up 25% But Growth Is Lacking
Jun 14
US High-Grade Silver Assets Will Capitalize On Solar And Electrification
Strategic investment in high-grade U.S. silver assets and operational improvements position Hecla to benefit from rising, long-term silver demand and enhanced profitability.An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 41% Undervalued
May 10We Think Hecla Mining (NYSE:HL) Is Taking Some Risk With Its Debt
Apr 23Revenues Not Telling The Story For Hecla Mining Company (NYSE:HL)
Mar 08Calculating The Intrinsic Value Of Hecla Mining Company (NYSE:HL)
Jan 31Hecla Mining (NYSE:HL) Takes On Some Risk With Its Use Of Debt
Jan 16Hecla Mining: Back On The Sale Rack
Dec 19Hecla Mining (NYSE:HL) Might Have The Makings Of A Multi-Bagger
Dec 14Revenues Tell The Story For Hecla Mining Company (NYSE:HL)
Nov 26Selling Hargreaves Lansdown After Investors Accept A Low-Ball Takeover Offer
Nov 21A Look At The Fair Value Of Hecla Mining Company (NYSE:HL)
Oct 21Hecla Mining: Growth In Production, Low AISC, But Not Good Enough Risk/Reward At This Level
Oct 12Is Hecla Mining (NYSE:HL) Using Too Much Debt?
Oct 05Hecla Mining (NYSE:HL) Shareholders Will Want The ROCE Trajectory To Continue
Sep 03Unpleasant Surprises Could Be In Store For Hecla Mining Company's (NYSE:HL) Shares
Aug 13Hecla Mining: Good Prospects, But Wait For The Dip
Jul 28Hecla Mining: Lower Production Across The Board In Q1
May 06Hecla Mining: Silver Exposure At A Reasonable Price
Mar 25Hecla Mining: A Better Year On Deck
Jan 29Hecla Mining: A Highly Leveraged Silver Miner.
Jan 07Hecla Mining: Slow Ramp Up At Keno, But A Better Year Ahead
Dec 08Financial Position Analysis
Short Term Liabilities: HL's short term assets ($514.9M) exceed its short term liabilities ($193.0M).
Long Term Liabilities: HL's short term assets ($514.9M) do not cover its long term liabilities ($806.4M).
Debt to Equity History and Analysis
Debt Level: HL's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: HL's debt to equity ratio has reduced from 31.2% to 23.7% over the past 5 years.
Debt Coverage: HL's debt is well covered by operating cash flow (58.5%).
Interest Coverage: HL's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/11 11:17 |
| End of Day Share Price | 2025/08/11 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hecla Mining Company is covered by 36 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Garrett Nelson | BB&T Capital Markets |
| Kevin O'Halloran | BMO Capital Markets Equity Research |
| Brian Quast | BMO Capital Markets Equity Research |