Hecla Mining Balance Sheet Health
Financial Health criteria checks 3/6
Hecla Mining has a total shareholder equity of $2.0B and total debt of $520.8M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are $3.0B and $917.4M respectively. Hecla Mining's EBIT is $60.3M making its interest coverage ratio 1.3. It has cash and short-term investments of $22.3M.
Key information
25.6%
Debt to equity ratio
US$520.83m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$22.27m |
| Equity | US$2.04b |
| Total liabilities | US$917.43m |
| Total assets | US$2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLMI's short term assets ($206.0M) exceed its short term liabilities ($188.6M).
Long Term Liabilities: HLMI's short term assets ($206.0M) do not cover its long term liabilities ($728.9M).
Debt to Equity History and Analysis
Debt Level: HLMI's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: HLMI's debt to equity ratio has reduced from 36.2% to 25.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HLMI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HLMI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 04:30 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
Hecla Mining Company is covered by 28 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 |
| Brian Quast | BMO Capital Markets Equity Research |
| Michael Jalonen | BofA Global Research |