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
Is Hecla Mining (NYSE:HL) Using Too Much Debt?
Oct 05
Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden
Jul 05These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively
Dec 14Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?
Jun 21Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden
Jan 24Recent updates
Selling 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 28Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden
Jul 05Investors Will Want Hecla Mining's (NYSE:HL) Growth In ROCE To Persist
May 29It's Unlikely That Shareholders Will Increase Hecla Mining Company's (NYSE:HL) Compensation By Much This Year
May 11Hecla Mining: Lower Production Across The Board In Q1
May 06What Hecla Mining Company's (NYSE:HL) 41% Share Price Gain Is Not Telling You
Mar 30An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 49% Undervalued
Mar 29Hecla Mining: Silver Exposure At A Reasonable Price
Mar 25Some Confidence Is Lacking In Hecla Mining Company's (NYSE:HL) P/S
Feb 14Hecla Mining: A Better Year On Deck
Jan 29Hecla Mining's (NYSE:HL) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jan 24Hecla Mining: A Highly Leveraged Silver Miner.
Jan 07These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively
Dec 14Hecla Mining: Slow Ramp Up At Keno, But A Better Year Ahead
Dec 08Pinning Down Hecla Mining Company's (NYSE:HL) P/S Is Difficult Right Now
Nov 01Hecla Mining: Lucky Friday Disruption Weighs On Q3 Output
Oct 23Hecla Mining: Dealing With Lucky Friday's Setback
Oct 16Capital Allocation Trends At Hecla Mining (NYSE:HL) Aren't Ideal
Oct 11Hecla Mining: A Disappointing Setback
Sep 19Hecla Mining: Keno Hill Will Be A Major Contributor In 2024
Aug 31Hecla Mining: Limited Margin Of Safety At Current Levels
Aug 08Hecla Mining: An Elite Silver Miner To Own In Bull Markets
Jul 05Hecla Mining: Alexco Deal Pushes Silver Reserves To Record High
Jun 26Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?
Jun 21Hecla Mining: Keno Hill Is About To Produce Soon
May 30There Are Reasons To Feel Uneasy About Hecla Mining's (NYSE:HL) Returns On Capital
May 11An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 23% Undervalued
Mar 02Hecla Mining to acquire ATAC resources in C$31M transaction
Feb 21Hecla Mining GAAP EPS of -$0.01 in-line, revenue of $194.83M misses by $5.23M
Feb 15Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden
Jan 24Financial Position Analysis
Short Term Liabilities: HL's short term assets ($206.0M) exceed its short term liabilities ($188.6M).
Long Term Liabilities: HL's short term assets ($206.0M) do not cover its long term liabilities ($728.9M).
Debt to Equity History and Analysis
Debt Level: HL's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: HL'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: HL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.