Hecla Mining Balance Sheet Health
Financial Health criteria checks 2/6
Hecla Mining has a total shareholder equity of $2.0B and total debt of $647.3M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are $3.0B and $1.0B respectively. Hecla Mining's EBIT is $40.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $80.2M.
Key information
33.0%
Debt to equity ratio
US$647.31m
Debt
Interest coverage ratio | 0.9x |
Cash | US$80.17m |
Equity | US$1.96b |
Total liabilities | US$1.04b |
Total assets | US$2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCL's short term assets ($255.3M) exceed its short term liabilities ($152.6M).
Long Term Liabilities: HCL's short term assets ($255.3M) do not cover its long term liabilities ($883.0M).
Debt to Equity History and Analysis
Debt Level: HCL's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: HCL's debt to equity ratio has increased from 31.9% to 33% 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: HCL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HCL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.