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 ratio1.3x
CashUS$22.27m
EquityUS$2.04b
Total liabilitiesUS$917.43m
Total assetsUS$2.96b

Recent financial health updates

Recent updates

Hecla Mining: Back On The Sale Rack

Dec 19

Hecla Mining (NYSE:HL) Might Have The Makings Of A Multi-Bagger

Dec 14
Hecla Mining (NYSE:HL) Might Have The Makings Of A Multi-Bagger

Revenues Tell The Story For Hecla Mining Company (NYSE:HL)

Nov 26
Revenues Tell The Story For Hecla Mining Company (NYSE:HL)

Selling Hargreaves Lansdown After Investors Accept A Low-Ball Takeover Offer

Nov 21

A Look At The Fair Value Of Hecla Mining Company (NYSE:HL)

Oct 21
A Look At The Fair Value Of Hecla Mining Company (NYSE:HL)

Hecla Mining: Growth In Production, Low AISC, But Not Good Enough Risk/Reward At This Level

Oct 12

Is Hecla Mining (NYSE:HL) Using Too Much Debt?

Oct 05
Is Hecla Mining (NYSE:HL) Using Too Much Debt?

Hecla Mining (NYSE:HL) Shareholders Will Want The ROCE Trajectory To Continue

Sep 03
Hecla Mining (NYSE:HL) Shareholders Will Want The ROCE Trajectory To Continue

Unpleasant Surprises Could Be In Store For Hecla Mining Company's (NYSE:HL) Shares

Aug 13
Unpleasant Surprises Could Be In Store For Hecla Mining Company's (NYSE:HL) Shares

Hecla Mining: Good Prospects, But Wait For The Dip

Jul 28

Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden

Jul 05
Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden

Investors Will Want Hecla Mining's (NYSE:HL) Growth In ROCE To Persist

May 29
Investors Will Want Hecla Mining's (NYSE:HL) Growth In ROCE To Persist

It's Unlikely That Shareholders Will Increase Hecla Mining Company's (NYSE:HL) Compensation By Much This Year

May 11
It's Unlikely That Shareholders Will Increase Hecla Mining Company's (NYSE:HL) Compensation By Much This Year

Hecla Mining: Lower Production Across The Board In Q1

May 06

What Hecla Mining Company's (NYSE:HL) 41% Share Price Gain Is Not Telling You

Mar 30
What Hecla Mining Company's (NYSE:HL) 41% Share Price Gain Is Not Telling You

An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 49% Undervalued

Mar 29
An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 49% Undervalued

Hecla Mining: Silver Exposure At A Reasonable Price

Mar 25

Some Confidence Is Lacking In Hecla Mining Company's (NYSE:HL) P/S

Feb 14
Some Confidence Is Lacking In Hecla Mining Company's (NYSE:HL) P/S

Hecla Mining: A Better Year On Deck

Jan 29

Hecla Mining's (NYSE:HL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jan 24
Hecla Mining's (NYSE:HL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Hecla Mining: A Highly Leveraged Silver Miner.

Jan 07

These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively

Dec 14
These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively

Hecla Mining: Slow Ramp Up At Keno, But A Better Year Ahead

Dec 08

Pinning Down Hecla Mining Company's (NYSE:HL) P/S Is Difficult Right Now

Nov 01
Pinning Down Hecla Mining Company's (NYSE:HL) P/S Is Difficult Right Now

Hecla Mining: Lucky Friday Disruption Weighs On Q3 Output

Oct 23

Hecla Mining: Dealing With Lucky Friday's Setback

Oct 16

Capital Allocation Trends At Hecla Mining (NYSE:HL) Aren't Ideal

Oct 11
Capital Allocation Trends At Hecla Mining (NYSE:HL) Aren't Ideal

Hecla Mining: A Disappointing Setback

Sep 19

Hecla Mining: Keno Hill Will Be A Major Contributor In 2024

Aug 31

Hecla Mining: Limited Margin Of Safety At Current Levels

Aug 08

Hecla Mining: An Elite Silver Miner To Own In Bull Markets

Jul 05

Hecla Mining: Alexco Deal Pushes Silver Reserves To Record High

Jun 26

Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?

Jun 21
Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?

Hecla Mining: Keno Hill Is About To Produce Soon

May 30

There Are Reasons To Feel Uneasy About Hecla Mining's (NYSE:HL) Returns On Capital

May 11
There Are Reasons To Feel Uneasy About Hecla Mining's (NYSE:HL) Returns On Capital

An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 23% Undervalued

Mar 02
An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 23% Undervalued

Hecla Mining to acquire ATAC resources in C$31M transaction

Feb 21

Hecla Mining GAAP EPS of -$0.01 in-line, revenue of $194.83M misses by $5.23M

Feb 15

Financial 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.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:30
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Garrett NelsonBB&T Capital Markets
Brian QuastBMO Capital Markets Equity Research
Michael JalonenBofA Global Research