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 $636.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are $3.0B and $1.0B respectively. Hecla Mining's EBIT is $37.4M making its interest coverage ratio 0.9. It has cash and short-term investments of $106.4M.
Key information
32.3%
Debt to equity ratio
US$636.00m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$106.37m |
| Equity | US$1.97b |
| Total liabilities | US$1.04b |
| Total assets | US$3.01b |
Recent financial health updates
These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively
Dec 14
Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?
Jun 21Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden
Jan 24Is Hecla Mining (NYSE:HL) A Risky Investment?
Jun 08Recent updates
What 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 24Hecla Mining: A Good Start In 2023
Jan 20Hecla Mining: Limited Margin Of Safety At Current Levels
Jan 06Hecla Mining: A Good Reversal Since October
Dec 07Hecla Mining Q3 2022 Earnings Preview
Nov 08Hecla Mining: Another Solid Quarter In Q3
Oct 26Hecla Mining: A Timely Addition With Alexco Resource
Sep 07Hecla Mining: Inflationary Pressures Offset Solid Operational Performance
Aug 18Hecla Mining (NYSE:HL) Has Affirmed Its Dividend Of $0.0063
Aug 10Hecla Mining Q2 2022 Earnings Preview
Aug 03Are Hecla Mining Company (NYSE:HL) Investors Paying Above The Intrinsic Value?
Jul 20Hecla: A Smart Move In The Lower Portion Of The Cycle
Jul 10Is Hecla Mining (NYSE:HL) A Risky Investment?
Jun 08Hecla Mining: Valuation Improving After The Drop
May 12Hecla Mining: Higher Metals Prices Picking Up Q1 Production Slack
Apr 12Hecla Mining Company (NYSE:HL) Shares Could Be 31% Above Their Intrinsic Value Estimate
Apr 01Financial Position Analysis
Short Term Liabilities: HL's short term assets ($260.3M) exceed its short term liabilities ($157.5M).
Long Term Liabilities: HL's short term assets ($260.3M) do not cover its long term liabilities ($885.5M).
Debt to Equity History and Analysis
Debt Level: HL's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: HL's debt to equity ratio has increased from 31.5% to 32.3% 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.