Hecla Long Term Debt vs Common Stock Analysis
HL Stock | USD 5.69 0.06 1.07% |
Hecla Mining financial indicator trend analysis is much more than just examining Hecla Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hecla Mining is a good investment. Please check the relationship between Hecla Mining Long Term Debt and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.
Long Term Debt vs Common Stock
Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hecla Mining Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hecla Mining's Long Term Debt and Common Stock is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Hecla Mining, assuming nothing else is changed. The correlation between historical values of Hecla Mining's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Hecla Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Hecla Mining's Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Hecla Mining has held for over one year. Long-term debt appears on Hecla Mining balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Hecla Mining balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Common Stock
Most indicators from Hecla Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hecla Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.At this time, Hecla Mining's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.07 this year, although the value of Issuance Of Capital Stock will most likely fall to about 20.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 217.8M | 116.2M | 112.9M | 74.5M | Total Revenue | 807.5M | 718.9M | 720.2M | 756.2M |
Hecla Mining fundamental ratios Correlations
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Hecla Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hecla Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.7B | 2.7B | 2.9B | 3.0B | 3.2B | |
Other Current Liab | 6.2M | 60.8M | 74.4M | 77.7M | 62.5M | 65.6M | |
Total Current Liabilities | 117.0M | 149.8M | 160.4M | 178.5M | 157.5M | 165.3M | |
Total Stockholder Equity | 1.7B | 1.7B | 1.8B | 2.0B | 2.0B | 2.1B | |
Property Plant And Equipment Net | 2.4B | 2.4B | 2.3B | 2.6B | 2.7B | 2.8B | |
Net Debt | 471.3M | 403.8M | 323.9M | 422.5M | 556.4M | 584.3M | |
Retained Earnings | (353.3M) | (379.5M) | (353.7M) | (403.9M) | (503.9M) | (478.7M) | |
Cash | 62.5M | 129.8M | 210.0M | 104.7M | 106.4M | 90.8M | |
Non Current Assets Total | 2.5B | 2.4B | 2.4B | 2.7B | 2.8B | 2.9B | |
Non Currrent Assets Other | 8.4M | 9.1M | 7.5M | 33.5M | 39.6M | 41.6M | |
Cash And Short Term Investments | 62.5M | 129.8M | 210.0M | 104.7M | 106.4M | 96.0M | |
Net Receivables | 38.4M | 39.2M | 44.6M | 55.8M | 33.1M | 28.4M | |
Common Stock Shares Outstanding | 490.4M | 527.3M | 542.2M | 557.3M | 605.7M | 636.0M | |
Liabilities And Stockholders Equity | 2.6B | 2.7B | 2.7B | 2.9B | 3.0B | 3.2B | |
Non Current Liabilities Total | 827.9M | 815.6M | 807.6M | 769.7M | 885.5M | 929.8M | |
Inventory | 66.2M | 96.5M | 67.8M | 90.7M | 93.6M | 98.3M | |
Other Current Assets | 12.0M | 19.1M | 19.3M | 16.5M | 27.1M | 28.5M | |
Other Stockholder Equity | 2.0B | 2.0B | 2.0B | 2.2B | 2.3B | 2.4B | |
Total Liab | 944.9M | 965.4M | 968.0M | 948.2M | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 2.4B | 2.4B | 2.3B | 2.6B | 4.5B | 4.8B | |
Total Current Assets | 179.1M | 284.7M | 341.6M | 267.7M | 260.3M | 175.9M | |
Accumulated Other Comprehensive Income | (37.3M) | (32.9M) | (28.5M) | 2.4M | 5.8M | 6.1M | |
Short Long Term Debt Total | 533.8M | 533.6M | 533.9M | 527.2M | 662.8M | 696.0M | |
Accounts Payable | 57.7M | 68.5M | 68.1M | 84.7M | 81.7M | 85.8M | |
Short Term Debt | 11.0M | 9.5M | 5.6M | 12.0M | 9.8M | 8.5M | |
Common Stock | 132.3M | 134.6M | 136.4M | 151.8M | 156.1M | 163.9M | |
Common Stock Total Equity | 132.3M | 134.6M | 136.4M | 151.8M | 174.6M | 183.3M | |
Other Liab | 305.2M | 291.4M | 281.8M | 252.0M | 289.8M | 176.3M | |
Other Assets | 11.9M | 2.4B | 53.1M | 54.6M | 62.8M | 59.6M | |
Long Term Debt | 504.7M | 507.2M | 508.1M | 517.7M | 653.1M | 685.7M | |
Treasury Stock | (23.0M) | (23.5M) | (28.0M) | (31.7M) | (28.5M) | (27.1M) | |
Property Plant Equipment | 2.4B | 2.3B | 2.3B | 2.6B | 3.0B | 3.1B | |
Current Deferred Revenue | 42.1M | 59.9M | 64.7M | 55.8M | 50.2M | 41.7M | |
Net Tangible Assets | 1.7B | 1.7B | 1.8B | 2.0B | 2.3B | 1.6B | |
Long Term Debt Total | 511.9M | 507.2M | 508.1M | 517.7M | 595.4M | 422.0M | |
Capital Surpluse | 2.0B | 2.0B | 2.0B | 2.3B | 2.6B | 1.9B | |
Capital Lease Obligations | 29.0M | 26.4M | 25.8M | 9.5M | 9.8M | 15.6M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hecla Mining. If investors know Hecla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hecla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.04 | Earnings Share (0.03) | Revenue Per Share 1.364 | Quarterly Revenue Growth 0.347 |
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.