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: HCL's short term assets ($206.0M) exceed its short term liabilities ($188.6M).
Long Term Liabilities: HCL's short term assets ($206.0M) do not cover its long term liabilities ($728.9M).
Debt to Equity History and Analysis
Debt Level: HCL's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: HCL'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: 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.