Hecla Mining (HL) Financials

$4.93 +0.15 (+3.03%)

Closing price 03:59 PM Eastern

Extended Trading

$4.90 -0.03 (-0.61%)

As of 07:53 PM Eastern

Annual Income Statements for Hecla Mining

This table shows Hecla Mining's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-88	61	-29	-27	-95	-10	35	-38	-85	35
Consolidated Net Income / (Loss)	-87	62	-29	-27	-95	-9.46	35	-37	-84	36
Net Income / (Loss) Continuing Operations	-87	62	-29	-27	-95	6.94	35	-37	-84	36
Total Pre-Tax Income	-31	90	-7.56	-33	-113	-1.26	5.53	-45	-83	66
Total Operating Income	-36	109	60	-39	-47	67	83	-12	-45	106
Total Gross Profit	39	184	152	79	34	161	218	116	113	198
Total Revenue	444	646	578	567	673	692	807	719	720	930
Operating Revenue	444	646	578	567	673	692	807	719	720	930
Total Cost of Revenue	405	462	425	488	639	531	590	603	607	732
Operating Cost of Revenue	405	462	425	488	639	531	590	603	607	732
Total Operating Expenses	74	75	92	118	81	94	134	129	158	92
Selling, General & Admin Expense	37	48	38	38	40	47	35	43	43	45
Exploration Expense	18	15	24	36	19	18	48	46	33	27
Other Operating Expenses / (Income)	0.00	0.00	21	21	12	25	37	30	75	-2.21
Impairment Charge	-	-	-	-	-	-	-	-	-	15
Other Special Charges / (Income)	13	5.57	0.66	3.33	9.33	3.93	15	8.79	7.58	6.84
Total Other Income / (Expense), net	4.95	-20	-68	5.86	-67	-68	-78	-32	-38	-40
Interest Expense	25	22	38	41	48	50	42	43	43	50
Other Income / (Expense), net	29	2.02	-29	47	-18	-19	-36	10	5.00	9.77
Income Tax Expense	56	28	21	-6.70	-18	-8.20	-30	-7.57	1.22	30
Preferred Stock Dividends Declared	0.55	0.55	-	0.55	0.55	0.55	0.55	0.55	0.55	0.55
Basic Earnings per Share	($0.23)	$0.16	($0.07)	($0.06)	($0.19)	($0.02)	$0.06	($0.07)	($0.14)	$0.06
Weighted Average Basic Shares Outstanding	373.95M	386.42M	397.39M	433.42M	490.45M	527.33M	536.19M	557.34M	605.67M	620.85M
Diluted Earnings per Share	($0.23)	$0.16	($0.07)	($0.06)	($0.19)	($0.02)	$0.06	($0.07)	($0.14)	$0.06
Weighted Average Diluted Shares Outstanding	373.95M	389.32M	397.39M	433.42M	490.45M	527.33M	542.18M	557.34M	605.67M	622.54M
Weighted Average Basic & Diluted Shares Outstanding	380.50M	383.30M	2.91B	451.90M	495.54M	535.19M	538.35M	607.82M	625.12M	631.83M
Cash Dividends to Common per Share	$0.01	-	-	$0.01	$0.01	$0.01	$0.04	$0.04	$0.04	$0.04

This table shows Hecla Mining's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-24	-14	-3.31	-16	-23	-43	-5.89	28	1.62	12
Consolidated Net Income / (Loss)	-24	-4.45	-3.17	-16	-22	-43	-5.75	28	1.76	12
Net Income / (Loss) Continuing Operations	-24	-18	-3.17	-16	-22	-43	-5.75	28	4.93	8.75
Total Pre-Tax Income	-33	-18	0.07	-11	-24	-49	-3.94	37	13	20
Total Operating Income	-25	-9.45	5.55	4.81	-13	-42	5.06	41	22	38
Total Gross Profit	8.45	25	35	38	33	6.87	19	51	59	68
Total Revenue	146	195	200	178	182	161	190	246	245	250
Operating Revenue	146	195	200	178	182	161	190	246	245	250
Total Cost of Revenue	138	170	165	140	148	154	170	194	186	181
Operating Cost of Revenue	138	170	165	140	148	154	170	194	186	181
Total Operating Expenses	34	54	29	33	46	49	14	11	37	30
Selling, General & Admin Expense	11	14	12	11	7.60	12	11	15	10	9.05
Exploration Expense	15	-	4.97	6.89	14	6.97	4.34	6.68	11	5.74
Other Operating Expenses / (Income)	5.99	15	11	12	23	29	-2.45	-12	-0.15	12
Other Special Charges / (Income)	1.78	4.64	1.04	3.11	2.26	1.16	0.99	1.15	1.54	3.16
Total Other Income / (Expense), net	-7.59	7.04	-5.48	-15	-11	-6.22	-9.00	-3.65	-6.09	-21
Interest Expense	11	11	10	10	11	12	13	13	11	14
Other Income / (Expense), net	3.28	18	4.68	-5.03	-0.56	5.91	3.64	8.86	4.81	-7.53
Income Tax Expense	-9.53	-3.92	3.24	5.16	-1.50	-5.68	1.82	9.08	11	8.07
Preferred Stock Dividends Declared	0.14	-	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14
Basic Earnings per Share	($0.04)	($0.01)	($0.01)	($0.03)	($0.04)	($0.06)	($0.01)	$0.04	$0.00	$0.03
Weighted Average Basic Shares Outstanding	554.53M	557.34M	600.08M	604.09M	607.90M	605.67M	616.20M	617.11M	621.92M	620.85M
Diluted Earnings per Share	($0.04)	($0.01)	($0.01)	($0.03)	($0.04)	($0.06)	($0.01)	$0.04	$0.00	$0.03
Weighted Average Diluted Shares Outstanding	554.53M	557.34M	600.08M	604.09M	607.90M	605.67M	616.20M	622.21M	625.74M	622.54M
Weighted Average Basic & Diluted Shares Outstanding	606.27M	607.82M	612.64M	617.34B	618.23M	625.12M	626.29B	629.72B	637.02M	631.83M
Cash Dividends to Common per Share	$0.01	$0.02	$0.00	$0.00	$0.00	$0.04	$0.00	$0.00	$0.00	$0.04

This table details how cash moves in and out of Hecla Mining's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-54	16	14	-159	35	67	80	-105	0.54	-78
Net Cash From Operating Activities	106	225	116	94	121	181	220	90	75	218
Net Cash From Continuing Operating Activities	106	225	116	94	121	181	220	90	75	218
Net Income / (Loss) Continuing Operations	-87	62	-29	-27	-95	-9.46	35	-37	-84	36
Consolidated Net Income / (Loss)	-87	62	-29	-27	-95	-9.46	35	-37	-84	36
Depreciation Expense	113	125	126	141	196	155	173	145	164	190
Non-Cash Adjustments To Reconcile Net Income	14	12	36	-1.92	37	17	42	37	41	41
Changes in Operating Assets and Liabilities, net	65	25	-20	-20	-20	19	-29	-55	-45	-49
Net Cash From Investing Activities	-139	-197	-97	-237	-120	93	-107	-187	-231	-213
Net Cash From Continuing Investing Activities	-139	-197	-97	-237	-120	-93	-107	-187	-231	-213
Purchase of Property, Plant & Equipment	-137	-165	-98	-137	-121	-91	-109	-149	-224	-214
Acquisitions	-0.81	-2.73	0.00	-139	-	0.00	0.00	8.95	0.23	0.00
Purchase of Investments	-0.95	-49	-57	-32	-0.39	-2.22	0.00	-32	-8.96	-0.07
Sale of Property, Plant & Equipment	0.58	0.35	0.37	2.41	0.18	0.33	1.08	0.75	1.33	1.69
Sale and/or Maturity of Investments	0.01	19	50	65	1.76	0.00	1.81	9.38	0.00	0.00
Other Investing Activities, net	0.00	0.00	7.75	4.38	0.00	0.00	-0.87	-25	0.00	0.00
Net Cash From Financing Activities	-17	-12	-5.25	-15	33	-19	-33	-7.50	156	-84
Net Cash From Continuing Financing Activities	-17	-12	-5.25	-15	33	-19	-32	-7.50	156	-84
Repayment of Debt	-11	-11	-7.46	-116	-288	-717	-7.29	-33	-111	-384
Repurchase of Common Equity	-1.87	-4.44	-2.87	-2.69	-2.23	-2.75	-4.53	-3.68	-2.04	-1.20
Payment of Dividends	-4.29	-4.42	-4.53	-4.95	-5.47	-9.15	-21	-13	-16	-25
Issuance of Debt	-	0.00	0.00	102	280	716	0.00	25	239	279
Issuance of Common Equity	0.00	8.12	9.61	6.74	49	0.00	0.00	17	57	58
Other Financing Activities, net	-	-	-	-	-	-7.31	0.12	-	-11	-11
Cash Interest Paid	23	19	36	38	43	35	38	37	38	46
Cash Income Taxes Paid	-4.19	6.33	-23	0.12	-3.39	7.91	12	14	8.91	6.57

This table details how cash moves in and out of Hecla Mining's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-54	-41	-8.79	9.62	-4.96	4.67	-26	-56	-2.30	5.66
Net Cash From Operating Activities	-24	36	41	24	10	0.88	17	79	55	67
Net Cash From Continuing Operating Activities	-24	36	41	24	10	0.88	17	79	55	67
Net Income / (Loss) Continuing Operations	-24	-4.45	-3.17	-16	-22	-43	-5.75	28	1.76	12
Consolidated Net Income / (Loss)	-24	-4.45	-3.17	-16	-22	-43	-5.75	28	1.76	12
Depreciation Expense	33	38	40	35	37	52	51	54	44	41
Non-Cash Adjustments To Reconcile Net Income	19	28	2.19	18	16	4.83	9.07	-1.42	19	14
Changes in Operating Assets and Liabilities, net	-53	-26	1.69	-13	-20	-13	-37	-1.65	-9.52	-0.03
Net Cash From Investing Activities	-53	-60	-54	-51	-57	-68	-48	-49	-56	-61
Net Cash From Continuing Investing Activities	-53	-60	-54	-51	-57	-68	-48	-49	-56	-61
Purchase of Property, Plant & Equipment	-37	-56	-54	-51	-55	-63	-48	-50	-56	-61
Sale of Property, Plant & Equipment	0.02	-	0.00	0.08	0.08	1.17	0.05	1.23	0.20	0.22
Net Cash From Financing Activities	24	-17	5.05	37	42	72	4.88	-84	-2.77	-1.46
Net Cash From Continuing Financing Activities	24	-17	5.05	37	42	72	4.88	-84	-2.77	-1.46
Repayment of Debt	-0.44	-33	-13	-12	-14	-72	-15	-118	-140	-111
Payment of Dividends	-3.52	-2.38	-3.89	-3.92	-3.95	-3.96	-3.99	-4.00	-8.70	-8.64
Issuance of Debt	25	-	13	43	63	120	27	40	83	129
Cash Interest Paid	18	0.02	19	0.19	19	0.23	19	4.74	21	1.64
Cash Income Taxes Paid	1.17	1.34	1.63	4.52	1.23	1.52	0.13	4.87	0.73	0.84

This table presents Hecla Mining's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,222	2,372	2,345	2,704	2,637	2,700	2,729	2,927	3,011	2,981
Total Current Assets	270	291	321	164	179	284	342	268	260	214
Cash & Equivalents	155	170	186	27	62	130	210	105	106	27
Accounts Receivable	30	30	22	12	18	38	45	56	33	49
Inventories, net	46	50	55	88	66	96	68	91	94	105
Other Current Assets	9.45	12	11	11	12	19	19	16	27	33
Plant, Property, & Equipment, net	1,897	2,033	1,999	2,520	2,424	2,378	2,311	2,570	2,666	2,694
Total Noncurrent Assets	56	48	25	20	34	38	76	90	85	73
Long-Term Investments	1.52	5.00	7.56	6.58	6.21	15	11	24	34	34
Noncurrent Deferred & Refundable Income Taxes	37	36	1.51	1.99	3.54	2.91	46	21	2.88	0.00
Other Noncurrent Operating Assets	16	4.88	15	10	24	19	19	43	47	38
Other Noncurrent Nonoperating Assets	1.00	2.20	1.03	1.03	1.03	1.05	1.05	1.16	1.17	1.18
Total Liabilities & Shareholders' Equity	2,222	2,372	2,345	2,704	2,637	2,700	2,729	2,927	3,011	2,981
Total Liabilities	883	892	884	1,013	945	986	968	948	1,043	942
Total Current Liabilities	127	126	112	136	117	147	160	178	157	198
Short-Term Debt	11	6.12	5.61	0.00	11	9.50	5.61	-	0.00	34
Accounts Payable	51	60	47	78	58	69	68	85	82	89
Accrued Expenses	21	5.65	6.68	3.41	4.58	5.58	9.26	8.59	9.66	14
Current Deferred & Payable Income Tax Liabilities	8.92	9.06	5.92	7.73	4.78	5.77	12	4.03	3.50	6.31
Current Employee Benefit Liabilities	28	37	31	30	27	32	29	38	28	23
Other Current Liabilities	6.88	3.06	10	11	6.17	12	22	29	20	18
Other Current Nonoperating Liabilities	-	5.75	5.75	5.96	5.80	14	14	14	14	14
Total Noncurrent Liabilities	756	766	772	877	828	839	808	770	886	744
Long-Term Debt	500	501	502	533	505	507	516	518	653	509
Noncurrent Deferred & Payable Income Tax Liabilities	120	123	124	174	138	156	150	126	105	110
Other Noncurrent Operating Liabilities	53	91	92	123	129	132	137	126	128	125
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,339	1,480	1,461	1,691	1,692	1,714	1,761	1,979	1,968	2,040
Total Preferred & Common Equity	1,339	1,480	1,461	1,691	1,692	1,714	1,761	1,979	1,968	2,040
Preferred Stock	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Total Common Equity	1,339	1,480	1,461	1,691	1,692	1,714	1,761	1,979	1,968	2,039
Common Stock	1,615	1,697	1,721	2,002	2,106	2,138	2,171	2,412	2,500	2,578
Retained Earnings	-233	-167	-218	-248	-353	-368	-354	-404	-504	-494
Treasury Stock	-11	-15	-18	-21	-23	-23	-28	-32	-34	-35
Accumulated Other Comprehensive Income / (Loss)	-33	-35	-23	-42	-37	-33	-28	2.45	5.84	-10

This table presents Hecla Mining's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	2,935	2,926	2,945	2,961	2,994	2,940	2,956
Total Current Assets	284	245	259	248	255	200	206
Cash & Equivalents	145	96	107	101	80	25	22
Accounts Receivable	25	42	31	32	50	49	57
Inventories, net	92	84	95	97	102	110	105
Other Current Assets	22	23	27	18	23	17	22
Plant, Property, & Equipment, net	2,554	2,588	2,616	2,648	2,663	2,658	2,665
Total Noncurrent Assets	97	93	71	64	76	82	84
Long-Term Investments	-	26	21	-	33	38	42
Noncurrent Deferred & Refundable Income Taxes	46	13	2.70	3.35	0.00	0.00	0.00
Other Noncurrent Operating Assets	50	52	46	60	42	42	41
Other Noncurrent Nonoperating Assets	1.25	1.35	1.17	1.16	1.16	1.17	1.18
Total Liabilities & Shareholders' Equity	2,935	2,926	2,945	2,961	2,994	2,940	2,956
Total Liabilities	980	933	953	983	1,036	960	917
Total Current Liabilities	161	165	151	145	153	156	189
Short-Term Debt	12	-	-	11	-	-	36
Accounts Payable	88	84	82	87	81	81	87
Accrued Expenses	11	8.53	9.69	10	9.66	10	10
Current Deferred & Payable Income Tax Liabilities	7.34	6.32	4.04	3.06	5.59	2.47	4.56
Current Employee Benefit Liabilities	26	41	26	23	29	26	26
Other Current Liabilities	12	20	16	5.65	22	22	19
Other Current Nonoperating Liabilities	5.18	5.19	14	5.19	5.19	14	5.19
Total Noncurrent Liabilities	818	768	801	838	883	804	729
Long-Term Debt	531	517	560	605	662	583	497
Noncurrent Deferred & Payable Income Tax Liabilities	154	121	119	109	98	101	111
Other Noncurrent Operating Liabilities	134	130	123	124	122	121	121
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,955	1,992	1,993	1,978	1,959	1,980	2,038
Total Preferred & Common Equity	1,955	1,992	1,993	1,978	1,959	1,980	2,038
Preferred Stock	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Total Common Equity	1,955	1,992	1,993	1,978	1,959	1,980	2,038
Common Stock	2,392	2,426	2,443	2,466	2,507	2,511	2,573
Retained Earnings	-397	-411	-431	-457	-514	-490	-497
Treasury Stock	-32	-32	-34	-34	-35	-35	-35
Accumulated Other Comprehensive Income / (Loss)	-8.97	8.96	14	2.81	0.43	-6.05	-2.88

This table displays calculated financial ratios and metrics derived from Hecla Mining's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.43%	45.63%	-10.56%	-1.84%	18.71%	2.76%	16.71%	-10.97%	0.18%	29.12%
EBITDA Growth	-29.44%	120.06%	-33.28%	-5.19%	-10.90%	51.43%	8.27%	-35.02%	-13.31%	147.20%
EBIT Growth	-115.72%	1,914.93%	-72.53%	-74.81%	-939.77%	174.58%	-1.74%	-104.47%	-1,770.63%	392.49%
NOPAT Growth	-181.37%	401.48%	-44.01%	-165.10%	-19.30%	243.49%	1,029.99%	-101.64%	-259.17%	283.75%
Net Income Growth	-587.93%	170.80%	-146.32%	6.86%	-257.30%	90.04%	471.10%	-206.42%	-125.49%	142.51%
EPS Growth	-560.00%	169.57%	-143.75%	14.29%	-216.67%	89.47%	400.00%	-216.67%	-100.00%	142.86%
Operating Cash Flow Growth	28.06%	111.68%	-48.57%	-18.69%	28.28%	49.58%	21.87%	-59.20%	-16.01%	189.11%
Free Cash Flow Firm Growth	58.74%	33.70%	625.69%	-673.19%	103.78%	420.61%	498.43%	-156.92%	54.20%	112.01%
Invested Capital Growth	-0.08%	5.33%	-2.22%	25.23%	-2.30%	-2.13%	-1.14%	14.77%	4.75%	1.61%
Revenue Q/Q Growth	-1.48%	8.19%	89.38%	-34.63%	15.12%	-4.95%	-0.47%	1.37%	-4.53%	10.58%
EBITDA Q/Q Growth	-13.14%	14.64%	-8.37%	-19.05%	65.90%	-9.66%	-7.17%	11.41%	-20.27%	22.51%
EBIT Q/Q Growth	-159.84%	22.53%	-22.11%	-80.82%	33.03%	0.98%	-23.92%	81.08%	-834.06%	137.03%
NOPAT Q/Q Growth	-14.32%	508.59%	-95.78%	45.85%	47.65%	33.85%	247.83%	-166.05%	-280.98%	218.89%
Net Income Q/Q Growth	-1,125.07%	550.20%	-324.04%	16.57%	17.67%	50.90%	18.18%	-77.67%	-84.15%	287.87%
EPS Q/Q Growth	-1,050.00%	633.33%	-275.00%	25.00%	24.00%	33.33%	0.00%	-40.00%	-55.56%	300.00%
Operating Cash Flow Q/Q Growth	3.02%	12.33%	-8.27%	-19.45%	46.29%	4.41%	-4.98%	-16.09%	-31.82%	43.90%
Free Cash Flow Firm Q/Q Growth	75.19%	65.19%	-91.31%	-6.98%	167.35%	-33.20%	218.67%	-9.36%	2.67%	255.64%
Invested Capital Q/Q Growth	-2.57%	1.10%	-4.15%	-1.00%	-1.67%	1.03%	0.92%	1.02%	-0.12%	0.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	8.68%	28.49%	26.39%	13.95%	5.02%	23.28%	26.97%	16.16%	15.68%	21.31%
EBITDA Margin	24.41%	36.88%	27.51%	26.57%	19.94%	29.39%	27.26%	19.90%	17.22%	32.96%
Operating Margin	-8.03%	16.94%	10.40%	-6.90%	-6.93%	9.68%	10.33%	-1.73%	-6.20%	11.43%
EBIT Margin	-1.38%	17.25%	5.30%	1.36%	-9.62%	6.98%	5.88%	-0.30%	-5.51%	12.48%
Profit (Net Income) Margin	-19.61%	9.53%	-4.94%	-4.68%	-14.10%	-1.37%	4.35%	-5.20%	-11.69%	3.85%
Tax Burden Percent	283.67%	68.67%	377.40%	79.86%	83.82%	751.75%	635.09%	83.15%	101.47%	54.07%
Interest Burden Percent	499.23%	80.44%	-24.68%	-431.22%	174.79%	-2.60%	11.64%	2,117.59%	209.18%	57.06%
Effective Tax Rate	0.00%	31.33%	0.00%	0.00%	0.00%	0.00%	-535.09%	0.00%	0.00%	45.93%
Return on Invested Capital (ROIC)	-1.46%	4.30%	2.37%	-1.39%	-1.51%	2.21%	25.39%	-0.39%	-1.28%	2.29%
ROIC Less NNEP Spread (ROIC-NNEP)	-20.01%	0.28%	-21.01%	-1.18%	-14.53%	-11.26%	-116.18%	-8.39%	-12.69%	-1.96%
Return on Net Nonoperating Assets (RNNOA)	-4.89%	0.07%	-4.31%	-0.30%	-4.10%	-2.77%	-23.37%	-1.61%	-2.98%	-0.50%
Return on Equity (ROE)	-6.36%	4.37%	-1.94%	-1.69%	-5.61%	-0.56%	2.02%	-2.00%	-4.27%	1.79%
Cash Return on Invested Capital (CROIC)	-1.38%	-0.89%	4.62%	-23.79%	0.82%	4.36%	26.53%	-14.14%	-5.92%	0.69%
Operating Return on Assets (OROA)	-0.27%	4.85%	1.30%	0.31%	-2.43%	1.81%	1.75%	-0.08%	-1.34%	3.87%
Return on Assets (ROA)	-3.88%	2.68%	-1.21%	-1.05%	-3.55%	-0.35%	1.29%	-1.32%	-2.84%	1.20%
Return on Common Equity (ROCE)	-6.36%	4.37%	-1.94%	-1.69%	-5.61%	-0.56%	2.02%	-2.00%	-4.27%	1.79%
Return on Equity Simple (ROE_SIMPLE)	-6.50%	4.16%	-1.95%	-1.57%	-5.61%	-0.55%	1.99%	-1.89%	-4.28%	1.76%
Net Operating Profit after Tax (NOPAT)	-25	75	42	-27	-33	47	530	-8.71	-31	57
NOPAT Margin	-5.62%	11.63%	7.28%	-4.83%	-4.85%	6.78%	65.61%	-1.21%	-4.34%	6.18%
Net Nonoperating Expense Percent (NNEP)	18.55%	4.02%	23.38%	-0.21%	13.02%	13.47%	141.56%	8.00%	11.40%	4.24%
Return On Investment Capital (ROIC_SIMPLE)	-1.34%	3.77%	2.13%	-1.23%	-1.48%	2.10%	23.21%	-0.35%	-1.19%	2.23%
Cost of Revenue to Revenue	91.32%	71.52%	73.61%	86.05%	94.98%	76.72%	73.03%	83.84%	84.32%	78.69%
SG&A Expenses to Revenue	8.43%	7.46%	6.60%	6.72%	5.95%	6.79%	4.28%	6.03%	5.93%	4.88%
R&D to Revenue	0.95%	0.52%	1.51%	1.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.71%	11.54%	15.98%	20.85%	11.96%	13.60%	16.64%	17.89%	21.89%	9.89%
Earnings before Interest and Taxes (EBIT)	-6.14	111	31	7.71	-65	48	47	-2.12	-40	116
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	108	238	159	151	134	203	220	143	124	307
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.51	1.33	1.04	0.59	0.96	1.95	1.58	1.55	1.47	1.50
Price to Tangible Book Value (P/TBV)	0.51	1.33	1.04	0.59	0.96	1.95	1.58	1.55	1.47	1.50
Price to Revenue (P/Rev)	1.53	3.04	2.63	1.75	2.40	4.82	3.44	4.25	4.01	3.28
Price to Earnings (P/E)	0.00	32.20	0.00	0.00	0.00	0.00	80.50	0.00	0.00	86.65
Dividend Yield	0.69%	0.20%	0.26%	0.44%	0.30%	0.26%	0.74%	0.41%	0.53%	0.82%
Earnings Yield	0.00%	3.11%	0.00%	0.00%	0.00%	0.00%	1.24%	0.00%	0.00%	1.15%
Enterprise Value to Invested Capital (EV/IC)	0.61	1.27	1.03	0.68	0.96	1.77	1.49	1.45	1.36	1.40
Enterprise Value to Revenue (EV/Rev)	2.35	3.52	3.13	2.63	3.07	5.36	3.82	4.80	4.73	3.80
Enterprise Value to EBITDA (EV/EBITDA)	9.63	9.54	11.38	9.88	15.38	18.25	14.00	24.10	27.45	11.54
Enterprise Value to EBIT (EV/EBIT)	0.00	20.40	59.08	193.03	0.00	76.79	64.91	0.00	0.00	30.47
Enterprise Value to NOPAT (EV/NOPAT)	0.00	30.25	43.00	0.00	0.00	79.12	5.82	0.00	0.00	61.54
Enterprise Value to Operating Cash Flow (EV/OCF)	9.80	10.09	15.61	15.80	17.09	20.52	13.98	38.35	45.08	16.20
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	22.08	0.00	116.22	40.10	5.57	0.00	0.00	203.96
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.39	0.35	0.35	0.32	0.30	0.30	0.30	0.26	0.33	0.27
Long-Term Debt to Equity	0.38	0.34	0.35	0.32	0.30	0.30	0.29	0.26	0.33	0.25
Financial Leverage	0.24	0.24	0.21	0.25	0.28	0.25	0.20	0.19	0.24	0.25
Leverage Ratio	1.64	1.63	1.60	1.60	1.58	1.57	1.56	1.51	1.50	1.50
Compound Leverage Factor	8.18	1.31	-0.40	-6.91	2.76	-0.04	0.18	32.03	3.15	0.85
Debt to Total Capital	27.99%	25.74%	26.02%	23.96%	23.36%	23.17%	22.85%	20.74%	24.92%	21.01%
Short-Term Debt to Total Capital	0.62%	0.31%	0.28%	0.00%	0.50%	0.43%	0.25%	0.00%	0.00%	1.30%
Long-Term Debt to Total Capital	27.38%	25.43%	25.74%	23.96%	22.86%	22.74%	22.60%	20.74%	24.92%	19.71%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	72.01%	74.26%	73.98%	76.04%	76.64%	76.83%	77.15%	79.26%	75.08%	78.99%
Debt to EBITDA	4.81	2.15	3.23	3.54	3.84	2.54	2.37	3.62	5.27	1.77
Net Debt to EBITDA	3.36	1.30	1.80	3.31	3.33	1.83	1.37	2.72	4.14	1.57
Long-Term Debt to EBITDA	4.70	2.13	3.20	3.54	3.76	2.49	2.34	3.62	5.27	1.66
Debt to NOPAT	-20.88	6.83	12.22	-19.45	-15.78	11.02	0.98	-59.47	-20.88	9.44
Net Debt to NOPAT	-14.59	4.11	6.81	-18.21	-13.68	7.93	0.57	-44.68	-16.40	8.38
Long-Term Debt to NOPAT	-20.42	6.74	12.08	-19.45	-15.45	10.82	0.97	-59.47	-20.88	8.86
Altman Z-Score	0.58	1.73	1.30	0.69	1.04	2.22	1.98	2.02	1.67	2.16
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.12	2.31	2.86	1.21	1.53	1.93	2.13	1.50	1.65	1.08
Quick Ratio	1.46	1.81	2.16	0.29	0.69	1.14	1.59	0.90	0.89	0.38
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-24	-16	82	-470	18	93	554	-315	-144	17
Operating Cash Flow to CapEx	77.77%	137.03%	118.65%	70.04%	99.69%	199.36%	204.07%	60.48%	33.92%	102.57%
Free Cash Flow to Firm to Interest Expense	-0.93	-0.71	2.15	-11.47	0.37	1.87	13.20	-7.36	-3.33	0.35
Operating Cash Flow to Interest Expense	4.19	10.34	3.05	2.30	2.49	3.65	5.25	2.10	1.74	4.38
Operating Cash Flow Less CapEx to Interest Expense	-1.20	2.79	0.48	-0.98	-0.01	1.82	2.68	-1.37	-3.39	0.11
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.20	0.28	0.25	0.22	0.25	0.26	0.30	0.25	0.24	0.31
Accounts Receivable Turnover	16.31	21.62	22.36	33.92	44.88	24.72	19.65	14.32	16.19	22.63
Inventory Turnover	8.71	9.67	8.06	6.83	8.32	6.54	7.19	7.61	6.59	7.37
Fixed Asset Turnover	0.24	0.33	0.29	0.25	0.27	0.29	0.34	0.29	0.28	0.35
Accounts Payable Turnover	8.70	8.30	7.98	7.85	9.43	8.41	8.63	7.89	7.30	8.58
Days Sales Outstanding (DSO)	22.37	16.88	16.32	10.76	8.13	14.77	18.58	25.49	22.54	16.13
Days Inventory Outstanding (DIO)	41.91	37.75	45.26	53.47	43.88	55.84	50.74	47.97	55.39	49.53
Days Payable Outstanding (DPO)	41.97	43.99	45.75	46.52	38.69	43.40	42.28	46.28	49.99	42.54
Cash Conversion Cycle (CCC)	22.31	10.65	15.84	17.71	13.32	27.20	27.03	27.19	27.94	23.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,702	1,792	1,753	2,195	2,144	2,099	2,075	2,381	2,494	2,534
Invested Capital Turnover	0.26	0.37	0.33	0.29	0.31	0.33	0.39	0.32	0.30	0.37
Increase / (Decrease) in Invested Capital	-1.43	91	-40	442	-50	-46	-24	306	113	40
Enterprise Value (EV)	1,043	2,274	1,809	1,489	2,065	3,710	3,081	3,447	3,403	3,536
Market Capitalization	679	1,965	1,522	990	1,618	3,338	2,781	3,058	2,890	3,055
Book Value per Share	$3.58	$3.74	$3.66	$3.52	$3.42	$3.23	$3.27	$3.26	$3.18	$3.20
Tangible Book Value per Share	$3.58	$3.74	$3.66	$3.52	$3.42	$3.23	$3.27	$3.26	$3.18	$3.20
Total Capital	1,859	1,993	1,975	2,224	2,208	2,231	2,282	2,497	2,621	2,582
Total Debt	520	513	514	533	516	517	521	518	653	543
Total Long-Term Debt	509	507	508	533	505	507	516	518	653	509
Net Debt	364	309	287	499	447	372	301	389	513	482
Capital Expenditures (CapEx)	137	164	98	135	121	91	108	149	223	213
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.30	-28	-5.15	0.57	11	17	-23	-15	-3.57	23
Debt-free Net Working Capital (DFNWC)	154	171	215	28	73	147	187	89	103	50
Net Working Capital (NWC)	142	165	209	28	62	137	181	89	103	16
Net Nonoperating Expense (NNE)	62	14	71	-0.83	62	56	495	29	53	22
Net Nonoperating Obligations (NNO)	363	313	291	504	452	385	314	402	526	495
Total Depreciation and Amortization (D&A)	114	127	128	143	199	155	173	145	164	190
Debt-free, Cash-free Net Working Capital to Revenue	-0.29%	-4.32%	-0.89%	0.10%	1.59%	2.42%	-2.87%	-2.15%	-0.50%	2.48%
Debt-free Net Working Capital to Revenue	34.70%	26.47%	37.16%	4.93%	10.87%	21.19%	23.14%	12.42%	14.27%	5.37%
Net Working Capital to Revenue	32.11%	25.52%	36.19%	4.93%	9.23%	19.82%	22.45%	12.42%	14.27%	1.75%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.23)	$0.18	($0.06)	($0.06)	($0.20)	($0.03)	$0.06	$0.07	($0.14)	$0.06
Adjusted Weighted Average Basic Shares Outstanding	373.95M	386.42M	397.39M	433.42M	490.45M	527.33M	536.19M	557.34M	605.67M	620.85M
Adjusted Diluted Earnings per Share	($0.23)	$0.18	($0.06)	($0.06)	($0.20)	($0.03)	$0.06	$0.07	($0.14)	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	373.95M	389.32M	397.39M	433.42M	490.45M	527.33M	542.18M	557.34M	605.67M	622.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.20)	$0.00	$0.00	$0.07	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	378.56M	395.44M	399.40M	482.99M	495.54M	535.19M	538.35M	607.82M	625.12M	631.83M
Normalized Net Operating Profit after Tax (NOPAT)	-15	81	43	-18	-26	50	69	-2.55	-26	69
Normalized NOPAT Margin	-3.29%	12.51%	7.37%	-3.18%	-3.88%	7.17%	8.49%	-0.35%	-3.61%	7.42%
Pre Tax Income Margin	-6.91%	13.88%	-1.31%	-5.87%	-16.82%	-0.18%	0.68%	-6.25%	-11.52%	7.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.24	5.11	0.81	0.19	-1.34	0.97	1.13	-0.05	-0.92	2.33
NOPAT to Interest Expense	-0.98	3.45	1.11	-0.67	-0.67	0.95	12.63	-0.20	-0.72	1.15
EBIT Less CapEx to Interest Expense	-5.63	-2.43	-1.76	-3.10	-3.84	-0.85	-1.44	-3.52	-6.05	-1.94
NOPAT Less CapEx to Interest Expense	-6.37	-4.10	-1.46	-3.95	-3.18	-0.88	10.06	-3.68	-5.86	-3.12
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-4.93%	7.18%	-15.88%	-18.62%	-5.76%	-96.77%	58.90%	-34.63%	-18.66%	70.75%
Augmented Payout Ratio	-7.09%	14.39%	-25.93%	-28.76%	-8.11%	-125.80%	71.80%	-44.47%	-21.08%	74.10%

This table displays calculated financial ratios and metrics derived from Hecla Mining's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-24.40%	5.27%	6.97%	-6.86%	24.30%	-17.52%	-5.00%	37.91%	34.73%	55.36%
EBITDA Growth	-76.09%	45.26%	0.90%	-2.65%	119.01%	-67.06%	19.56%	199.67%	198.87%	363.81%
EBIT Growth	-1,593.05%	1,840.28%	-28.06%	92.00%	40.46%	-524.38%	-14.93%	22,477.83%	306.61%	183.89%
NOPAT Growth	-197.00%	-143.30%	-2,554.22%	-37.62%	50.35%	-348.69%	101.39%	809.32%	133.86%	176.64%
Net Income Growth	-2,303.06%	-137.49%	-176.40%	-16.05%	4.72%	-864.40%	-81.31%	277.58%	107.86%	127.77%
EPS Growth	0.00%	-200.00%	-200.00%	0.00%	0.00%	-500.00%	0.00%	233.33%	100.00%	150.00%
Operating Cash Flow Growth	-156.90%	-32.30%	7.11%	-40.83%	142.08%	-97.55%	-57.93%	231.07%	437.46%	7,532.35%
Free Cash Flow Firm Growth	-2,170.31%	-900.40%	-775.49%	-1,234.39%	53.34%	54.40%	81.73%	87.49%	93.19%	87.83%
Invested Capital Growth	14.66%	14.77%	19.51%	17.12%	5.94%	4.75%	5.08%	3.07%	0.53%	1.61%
Revenue Q/Q Growth	-23.48%	33.13%	2.40%	-10.71%	2.12%	-11.66%	17.95%	29.62%	-0.23%	1.86%
EBITDA Q/Q Growth	-69.22%	330.89%	6.65%	-31.18%	-30.75%	-35.19%	287.08%	72.49%	-30.93%	0.58%
EBIT Q/Q Growth	-702.42%	138.76%	19.04%	-102.16%	-5,875.11%	-176.29%	123.86%	468.06%	-44.83%	12.18%
NOPAT Q/Q Growth	-430.12%	62.89%	-3,760.69%	101.32%	-362.75%	-235.39%	111.94%	763.89%	-90.22%	659.22%
Net Income Q/Q Growth	-73.97%	81.08%	28.73%	-394.61%	-42.83%	-91.55%	86.60%	584.44%	-93.68%	577.12%
EPS Q/Q Growth	-33.33%	75.00%	0.00%	-200.00%	-33.33%	-50.00%	83.33%	500.00%	-100.00%	0.00%
Operating Cash Flow Q/Q Growth	-160.53%	248.51%	12.41%	-41.44%	-56.95%	-91.36%	1,832.13%	360.88%	-30.12%	22.65%
Free Cash Flow Firm Q/Q Growth	-1,106.62%	1.92%	-106.24%	45.33%	57.80%	4.15%	17.36%	62.56%	77.02%	-71.24%
Invested Capital Q/Q Growth	13.22%	1.02%	0.39%	2.00%	2.42%	-0.12%	0.71%	0.04%	-0.10%	0.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	5.77%	12.84%	17.52%	21.14%	18.40%	4.27%	10.11%	20.94%	24.19%	27.37%
EBITDA Margin	7.45%	24.12%	25.13%	19.37%	13.13%	9.64%	31.62%	42.08%	29.13%	28.76%
Operating Margin	-17.40%	-4.85%	2.78%	2.70%	-6.95%	-26.38%	2.67%	16.53%	9.17%	15.28%
EBIT Margin	-15.16%	4.41%	5.13%	-0.12%	-7.26%	-22.70%	4.59%	20.13%	11.13%	12.26%
Profit (Net Income) Margin	-16.08%	-2.29%	-1.59%	-8.81%	-12.32%	-26.72%	-3.04%	11.35%	0.72%	4.78%
Tax Burden Percent	71.18%	25.18%	-4,598.55%	149.01%	93.73%	88.31%	146.09%	75.43%	13.33%	59.64%
Interest Burden Percent	149.03%	-205.68%	0.67%	4,765.61%	181.11%	133.26%	-45.23%	74.71%	48.42%	65.32%
Effective Tax Rate	0.00%	0.00%	4,698.55%	0.00%	0.00%	0.00%	0.00%	24.57%	86.67%	40.36%
Return on Invested Capital (ROIC)	-3.91%	-1.10%	-42.67%	0.60%	-1.51%	-5.46%	0.54%	3.92%	0.41%	3.37%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.51%	-0.49%	32.58%	-4.52%	-4.45%	-8.31%	-1.41%	3.35%	0.16%	1.25%
Return on Net Nonoperating Assets (RNNOA)	-1.07%	-0.09%	5.87%	-0.89%	-1.04%	-1.96%	-0.34%	0.83%	0.04%	0.32%
Return on Equity (ROE)	-4.98%	-1.19%	-36.80%	-0.29%	-2.56%	-7.41%	0.20%	4.74%	0.45%	3.69%
Cash Return on Invested Capital (CROIC)	-13.06%	-14.14%	-18.46%	-16.53%	-6.11%	-5.92%	-6.25%	-3.29%	0.19%	0.69%
Operating Return on Assets (OROA)	-3.83%	1.12%	1.33%	-0.03%	-1.86%	-5.51%	1.10%	5.32%	3.16%	3.81%
Return on Assets (ROA)	-4.07%	-0.58%	-0.41%	-2.24%	-3.15%	-6.48%	-0.73%	3.00%	0.20%	1.48%
Return on Common Equity (ROCE)	-4.98%	-1.19%	-36.80%	-0.29%	-2.56%	-7.41%	0.20%	4.74%	0.45%	3.69%
Return on Equity Simple (ROE_SIMPLE)	-1.08%	0.00%	-2.24%	-2.35%	-2.31%	0.00%	-4.43%	-2.18%	-0.94%	0.00%
Net Operating Profit after Tax (NOPAT)	-18	-6.61	-255	3.37	-8.85	-30	3.54	31	3.00	23
NOPAT Margin	-12.18%	-3.40%	-128.00%	1.89%	-4.86%	-18.47%	1.87%	12.47%	1.22%	9.11%
Net Nonoperating Expense Percent (NNEP)	1.59%	-0.60%	-75.25%	5.12%	2.94%	2.86%	1.95%	0.56%	0.25%	2.12%
Return On Investment Capital (ROIC_SIMPLE)	-0.71%	-0.26%	-10.18%	0.13%	-0.34%	-1.13%	0.14%	1.20%	0.12%	0.88%
Cost of Revenue to Revenue	94.23%	87.16%	82.48%	78.86%	81.60%	95.73%	89.89%	79.06%	75.81%	72.63%
SG&A Expenses to Revenue	7.52%	7.39%	6.05%	6.05%	4.18%	7.64%	5.92%	6.00%	4.24%	3.62%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.17%	27.53%	14.73%	18.44%	25.35%	30.66%	7.44%	4.41%	15.02%	12.10%
Earnings before Interest and Taxes (EBIT)	-22	8.60	10	-0.22	-13	-36	8.71	49	27	31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	47	50	34	24	15	60	103	71	72
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.10	1.55	1.88	1.54	1.19	1.47	1.50	1.52	2.04	1.50
Price to Tangible Book Value (P/TBV)	1.10	1.55	1.88	1.54	1.19	1.47	1.50	1.52	2.04	1.50
Price to Revenue (P/Rev)	3.04	4.25	5.13	4.28	3.12	4.01	4.15	3.86	4.95	3.28
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	86.65
Dividend Yield	0.65%	0.41%	0.36%	0.45%	0.59%	0.53%	0.53%	0.52%	0.49%	0.82%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.15%
Enterprise Value to Invested Capital (EV/IC)	1.08	1.45	1.74	1.44	1.15	1.36	1.39	1.40	1.84	1.40
Enterprise Value to Revenue (EV/Rev)	3.60	4.80	5.67	4.88	3.81	4.73	4.92	4.53	5.50	3.80
Enterprise Value to EBITDA (EV/EBITDA)	19.89	24.10	28.91	24.63	18.46	27.45	26.12	17.37	18.50	11.54
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	531.09	0.00	0.00	415.66	94.54	30.47
Enterprise Value to NOPAT (EV/NOPAT)	193.68	0.00	0.00	0.00	0.00	0.00	0.00	0.00	256.88	61.54
Enterprise Value to Operating Cash Flow (EV/OCF)	23.83	38.35	44.80	46.07	25.92	45.08	67.23	32.94	30.52	16.20
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	949.43	203.96
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.28	0.26	0.26	0.28	0.31	0.33	0.34	0.29	0.26	0.27
Long-Term Debt to Equity	0.27	0.26	0.26	0.28	0.31	0.33	0.34	0.29	0.24	0.25
Financial Leverage	0.19	0.19	0.18	0.20	0.23	0.24	0.24	0.25	0.25	0.25
Leverage Ratio	1.52	1.51	1.52	1.50	1.50	1.50	1.50	1.48	1.47	1.50
Compound Leverage Factor	2.26	-3.11	0.01	71.47	2.72	2.00	-0.68	1.11	0.71	0.98
Debt to Total Capital	21.75%	20.74%	20.60%	21.93%	23.76%	24.92%	25.27%	22.73%	20.71%	21.01%
Short-Term Debt to Total Capital	0.50%	0.00%	0.00%	0.00%	0.44%	0.00%	0.00%	0.00%	1.40%	1.30%
Long-Term Debt to Total Capital	21.25%	20.74%	20.60%	21.93%	23.32%	24.92%	25.27%	22.73%	19.32%	19.71%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	78.25%	79.26%	79.40%	78.07%	76.24%	75.08%	74.72%	77.27%	79.28%	78.99%
Debt to EBITDA	4.23	3.62	3.60	3.93	3.96	5.27	4.95	2.87	2.13	1.77
Net Debt to EBITDA	3.10	2.72	2.75	3.03	3.32	4.14	4.11	2.56	1.87	1.57
Long-Term Debt to EBITDA	4.13	3.62	3.60	3.93	3.89	5.27	4.95	2.87	1.99	1.66
Debt to NOPAT	41.21	-59.47	-34.12	-32.58	-75.08	-20.88	-20.96	-88.78	29.55	9.44
Net Debt to NOPAT	30.23	-44.68	-26.05	-25.16	-62.81	-16.40	-17.38	-79.22	25.98	8.38
Long-Term Debt to NOPAT	40.26	-59.47	-34.12	-32.58	-73.70	-20.88	-20.96	-88.78	27.56	8.86
Altman Z-Score	1.40	2.03	2.51	2.02	1.50	1.67	1.75	1.98	2.81	2.07
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.76	1.50	1.48	1.71	1.71	1.65	1.67	1.29	1.09	1.08
Quick Ratio	1.05	0.90	0.84	0.91	0.91	0.89	0.85	0.48	0.42	0.38
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-319	-313	-646	-353	-149	-143	-118	-44	-10	-17
Operating Cash Flow to CapEx	-65.01%	64.34%	74.58%	46.27%	18.52%	1.44%	35.93%	160.02%	99.12%	111.40%
Free Cash Flow to Firm to Interest Expense	-29.35	-28.44	-63.51	-34.23	-13.91	-11.77	-9.33	-3.53	-0.93	-1.26
Operating Cash Flow to Interest Expense	-2.24	3.28	3.99	2.31	0.96	0.07	1.35	6.29	5.05	4.89
Operating Cash Flow Less CapEx to Interest Expense	-5.68	-1.82	-1.36	-2.68	-4.21	-4.99	-2.41	2.36	-0.05	0.50
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.25	0.26	0.25	0.26	0.24	0.24	0.26	0.28	0.31
Accounts Receivable Turnover	20.77	14.32	17.42	25.56	26.33	16.19	15.37	19.44	18.92	22.63
Inventory Turnover	8.13	7.61	7.96	7.21	6.58	6.59	6.58	6.53	6.98	7.37
Fixed Asset Turnover	0.29	0.29	0.30	0.29	0.29	0.28	0.27	0.30	0.32	0.35
Accounts Payable Turnover	8.14	7.89	7.95	7.35	7.12	7.30	7.43	8.21	8.09	8.58
Days Sales Outstanding (DSO)	17.58	25.49	20.96	14.28	13.86	22.54	23.75	18.77	19.29	16.13
Days Inventory Outstanding (DIO)	44.87	47.97	45.88	50.63	55.45	55.39	55.51	55.93	52.32	49.53
Days Payable Outstanding (DPO)	44.87	46.28	45.90	49.64	51.24	49.99	49.11	44.44	45.12	42.54
Cash Conversion Cycle (CCC)	17.58	27.19	20.94	15.27	18.06	27.94	30.14	30.26	26.49	23.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,357	2,381	2,391	2,438	2,497	2,494	2,512	2,513	2,511	2,534
Invested Capital Turnover	0.32	0.32	0.33	0.32	0.31	0.30	0.29	0.31	0.34	0.37
Increase / (Decrease) in Invested Capital	301	306	390	356	140	113	122	75	13	40
Enterprise Value (EV)	2,553	3,447	4,148	3,510	2,871	3,403	3,494	3,521	4,629	3,536
Market Capitalization	2,155	3,058	3,753	3,078	2,355	2,890	2,945	3,002	4,161	3,055
Book Value per Share	$3.61	$3.26	$3.28	$3.25	$0.00	$3.18	$3.18	$0.00	$0.00	$3.20
Tangible Book Value per Share	$3.61	$3.26	$3.28	$3.25	$0.00	$3.18	$3.18	$0.00	$0.00	$3.20
Total Capital	2,498	2,497	2,509	2,553	2,594	2,621	2,621	2,563	2,571	2,582
Total Debt	543	518	517	560	616	653	662	583	533	543
Total Long-Term Debt	531	518	517	560	605	653	662	583	497	509
Net Debt	399	389	395	432	516	513	549	520	468	482
Capital Expenditures (CapEx)	37	56	54	51	55	61	48	49	56	61
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-9.65	-15	-16	1.03	14	-3.57	22	20	31	23
Debt-free Net Working Capital (DFNWC)	135	89	80	108	114	103	103	45	53	50
Net Working Capital (NWC)	123	89	80	108	103	103	103	45	17	16
Net Nonoperating Expense (NNE)	5.70	-2.16	-252	19	14	13	9.30	2.75	1.23	11
Net Nonoperating Obligations (NNO)	403	402	398	445	520	526	553	533	472	495
Total Depreciation and Amortization (D&A)	33	38	40	35	37	52	51	54	44	41
Debt-free, Cash-free Net Working Capital to Revenue	-1.36%	-2.15%	-2.23%	0.14%	1.81%	-0.50%	3.16%	2.59%	3.69%	2.48%
Debt-free Net Working Capital to Revenue	19.04%	12.42%	10.88%	15.00%	15.16%	14.27%	14.45%	5.75%	6.33%	5.37%
Net Working Capital to Revenue	17.28%	12.42%	10.88%	15.00%	13.66%	14.27%	14.45%	5.75%	2.07%	1.75%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.04)	($0.01)	($0.01)	($0.03)	($0.04)	($0.06)	($0.01)	$0.04	$0.00	$0.03
Adjusted Weighted Average Basic Shares Outstanding	554.53M	557.34M	600.08M	604.09M	607.90M	605.67M	616.20M	617.11M	621.92M	620.85M
Adjusted Diluted Earnings per Share	($0.04)	($0.01)	($0.01)	($0.03)	($0.04)	($0.06)	($0.01)	$0.04	$0.00	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	554.53M	557.34M	600.08M	604.09M	607.90M	605.67M	616.20M	622.21M	625.74M	622.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	606.27M	607.82M	612.64M	617.34B	618.23M	625.12M	626.29B	629.72B	637.02M	631.83M
Normalized Net Operating Profit after Tax (NOPAT)	-17	-3.37	4.62	5.55	-7.27	-29	4.24	31	27	25
Normalized NOPAT Margin	-11.33%	-1.73%	2.31%	3.11%	-4.00%	-17.96%	2.23%	12.82%	10.99%	9.87%
Pre Tax Income Margin	-22.59%	-9.08%	0.03%	-5.91%	-13.15%	-30.26%	-2.08%	15.04%	5.39%	8.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.04	0.78	1.01	-0.02	-1.23	-3.01	0.69	3.95	2.50	2.22
NOPAT to Interest Expense	-1.64	-0.60	-25.12	0.33	-0.83	-2.45	0.28	2.45	0.27	1.65
EBIT Less CapEx to Interest Expense	-5.48	-4.32	-4.35	-5.01	-6.39	-8.07	-3.07	0.02	-2.59	-2.17
NOPAT Less CapEx to Interest Expense	-5.08	-5.70	-30.48	-4.66	-5.99	-7.51	-3.48	-1.49	-4.82	-2.74
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-66.85%	-34.63%	-29.80%	-29.27%	-30.91%	-18.66%	-18.22%	-36.78%	-108.35%	70.75%
Augmented Payout Ratio	-84.34%	-44.47%	-34.81%	-33.62%	-35.37%	-21.08%	-21.39%	-39.54%	-114.64%	74.10%

Frequently Asked Questions About Hecla Mining's Financials

When does Hecla Mining's fiscal year end?

According to the most recent income statement we have on file, Hecla Mining's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Hecla Mining's net income changed over the last 9 years?

Hecla Mining's net income appears to be on a downward trend, with a most recent value of $35.80 million in 2024, falling from -$86.97 million in 2015. The previous period was -$84.22 million in 2023. View Hecla Mining's forecast to see where analysts expect Hecla Mining to go next.

What is Hecla Mining's operating income?

Hecla Mining's total operating income in 2024 was $106.28 million, based on the following breakdown:

Total Gross Profit: $198.21 million
Total Operating Expenses: $91.93 million

How has Hecla Mining revenue changed over the last 9 years?

Over the last 9 years, Hecla Mining's total revenue changed from $443.57 million in 2015 to $929.93 million in 2024, a change of 109.6%.

How much debt does Hecla Mining have?

Hecla Mining's total liabilities were at $941.55 million at the end of 2024, a 9.7% decrease from 2023, and a 6.6% increase since 2015.

How much cash does Hecla Mining have?

In the past 9 years, Hecla Mining's cash and equivalents has ranged from $26.87 million in 2024 to $210.01 million in 2021, and is currently $26.87 million as of their latest financial filing in 2024.

How has Hecla Mining's book value per share changed over the last 9 years?

Over the last 9 years, Hecla Mining's book value per share changed from 3.58 in 2015 to 3.20 in 2024, a change of -10.6%.

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This page (NYSE:HL) was last updated on 5/6/2025 by MarketBeat.com Staff

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Hecla Mining (HL) Financials

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Hecla Mining (HL) Financials

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