Hecla Net Debt vs Inventory 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 Net Debt and its Inventory 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.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hecla Mining Net Debt account and Inventory. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hecla Mining's Net Debt and Inventory is 0.83. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory 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 Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Hecla Mining are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Hecla Mining's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

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

Gross Profit Total Revenue

Hecla Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Accounts Payable	Short Term Debt	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.49	0.9	0.98	0.99	0.84	-0.9	-0.02	0.99	0.3	-0.01	0.68	0.95	0.93	0.89	0.69	0.97	0.95	0.85	0.29	0.91	0.92	0.72	0.97	0.93	0.7
Other Current Liab	0.49		0.62	0.58	0.48	0.28	-0.67	-0.08	0.49	0.54	-0.12	0.32	0.65	0.28	0.67	0.78	0.61	0.33	0.53	0.08	0.29	0.68	0.14	0.63	0.66	0.39
Total Current Liabilities	0.9	0.62		0.91	0.86	0.62	-0.85	0.16	0.87	0.31	0.15	0.72	0.89	0.75	0.8	0.67	0.91	0.8	0.73	0.45	0.72	0.91	0.65	0.9	0.85	0.57
Total Stockholder Equity	0.98	0.58	0.91		0.96	0.73	-0.93	0.02	0.97	0.35	0.03	0.65	0.98	0.84	0.88	0.76	1.0	0.87	0.85	0.32	0.81	0.94	0.69	0.99	0.96	0.68
Property Plant And Equipment Net	0.99	0.48	0.86	0.96		0.89	-0.9	-0.16	1.0	0.32	-0.14	0.65	0.94	0.94	0.92	0.67	0.96	0.96	0.86	0.16	0.92	0.93	0.7	0.96	0.94	0.74
Net Debt	0.84	0.28	0.62	0.73	0.89		-0.73	-0.43	0.88	0.37	-0.4	0.52	0.73	0.94	0.83	0.44	0.75	0.92	0.8	-0.15	0.96	0.75	0.61	0.76	0.78	0.62
Retained Earnings	-0.9	-0.67	-0.85	-0.93	-0.9	-0.73		0.15	-0.91	-0.5	0.16	-0.6	-0.98	-0.75	-0.91	-0.76	-0.96	-0.78	-0.9	-0.13	-0.76	-0.91	-0.68	-0.97	-0.98	-0.66
Cash	-0.02	-0.08	0.16	0.02	-0.16	-0.43	0.15		-0.13	-0.32	0.99	0.16	-0.03	-0.12	-0.34	-0.01	-0.03	-0.08	-0.23	0.92	-0.16	-0.18	0.03	-0.08	-0.16	-0.25
Non Current Assets Total	0.99	0.49	0.87	0.97	1.0	0.88	-0.91	-0.13		0.33	-0.11	0.66	0.94	0.94	0.91	0.68	0.97	0.96	0.87	0.19	0.92	0.93	0.71	0.97	0.94	0.72
Non Currrent Assets Other	0.3	0.54	0.31	0.35	0.32	0.37	-0.5	-0.32	0.33		-0.33	0.07	0.41	0.2	0.46	0.51	0.39	0.22	0.64	-0.27	0.31	0.44	0.24	0.4	0.52	0.01
Cash And Short Term Investments	-0.01	-0.12	0.15	0.03	-0.14	-0.4	0.16	0.99	-0.11	-0.33		0.14	-0.04	-0.09	-0.34	-0.02	-0.03	-0.06	-0.22	0.92	-0.13	-0.18	0.0	-0.08	-0.16	-0.22
Net Receivables	0.68	0.32	0.72	0.65	0.65	0.52	-0.6	0.16	0.66	0.07	0.14		0.62	0.64	0.53	0.13	0.64	0.67	0.35	0.42	0.61	0.57	0.8	0.64	0.56	0.45
Common Stock Shares Outstanding	0.95	0.65	0.89	0.98	0.94	0.73	-0.98	-0.03	0.94	0.41	-0.04	0.62		0.8	0.9	0.78	0.99	0.83	0.89	0.25	0.79	0.93	0.66	0.99	0.99	0.69
Non Current Liabilities Total	0.93	0.28	0.75	0.84	0.94	0.94	-0.75	-0.12	0.94	0.2	-0.09	0.64	0.8		0.81	0.5	0.83	1.0	0.77	0.18	0.99	0.78	0.68	0.83	0.8	0.65
Inventory	0.89	0.67	0.8	0.88	0.92	0.83	-0.91	-0.34	0.91	0.46	-0.34	0.53	0.9	0.81		0.75	0.91	0.83	0.86	-0.02	0.81	0.93	0.58	0.92	0.93	0.68
Other Current Assets	0.69	0.78	0.67	0.76	0.67	0.44	-0.76	-0.01	0.68	0.51	-0.02	0.13	0.78	0.5	0.75		0.78	0.53	0.78	0.17	0.49	0.77	0.24	0.77	0.8	0.51
Other Stockholder Equity	0.97	0.61	0.91	1.0	0.96	0.75	-0.96	-0.03	0.97	0.39	-0.03	0.64	0.99	0.83	0.91	0.78		0.86	0.88	0.26	0.81	0.95	0.69	1.0	0.98	0.69
Total Liab	0.95	0.33	0.8	0.87	0.96	0.92	-0.78	-0.08	0.96	0.22	-0.06	0.67	0.83	1.0	0.83	0.53	0.86		0.79	0.22	0.98	0.82	0.7	0.86	0.83	0.66
Property Plant And Equipment Gross	0.85	0.53	0.73	0.85	0.86	0.8	-0.9	-0.23	0.87	0.64	-0.22	0.35	0.89	0.77	0.86	0.78	0.88	0.79		-0.01	0.81	0.86	0.55	0.88	0.94	0.5
Total Current Assets	0.29	0.08	0.45	0.32	0.16	-0.15	-0.13	0.92	0.19	-0.27	0.92	0.42	0.25	0.18	-0.02	0.17	0.26	0.22	-0.01		0.12	0.13	0.27	0.22	0.11	0.06
Short Long Term Debt Total	0.91	0.29	0.72	0.81	0.92	0.96	-0.76	-0.16	0.92	0.31	-0.13	0.61	0.79	0.99	0.81	0.49	0.81	0.98	0.81	0.12		0.77	0.67	0.81	0.81	0.59
Accounts Payable	0.92	0.68	0.91	0.94	0.93	0.75	-0.91	-0.18	0.93	0.44	-0.18	0.57	0.93	0.78	0.93	0.77	0.95	0.82	0.86	0.13	0.77		0.59	0.95	0.94	0.68
Short Term Debt	0.72	0.14	0.65	0.69	0.7	0.61	-0.68	0.03	0.71	0.24	0.0	0.8	0.66	0.68	0.58	0.24	0.69	0.7	0.55	0.27	0.67	0.59		0.69	0.64	0.39
Common Stock	0.97	0.63	0.9	0.99	0.96	0.76	-0.97	-0.08	0.97	0.4	-0.08	0.64	0.99	0.83	0.92	0.77	1.0	0.86	0.88	0.22	0.81	0.95	0.69		0.98	0.7
Common Stock Total Equity	0.93	0.66	0.85	0.96	0.94	0.78	-0.98	-0.16	0.94	0.52	-0.16	0.56	0.99	0.8	0.93	0.8	0.98	0.83	0.94	0.11	0.81	0.94	0.64	0.98		0.65
Other Liab	0.7	0.39	0.57	0.68	0.74	0.62	-0.66	-0.25	0.72	0.01	-0.22	0.45	0.69	0.65	0.68	0.51	0.69	0.66	0.5	0.06	0.59	0.68	0.39	0.7	0.65

Click cells to compare fundamentals

Hecla Mining Account Relationship Matchups

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

How To Invest In Hecla

Details

Is Hecla Stock a good investment?

Details

What is Hecla Mining's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Other Precious Metals & Mining Companies

View

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.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hecla Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Hecla Mining fundamental ratios Correlations

Hecla Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hecla Mining fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Other Stockholder Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Common Stock Total Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Common Stock	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.96	Retained Earnings
Retained Earnings	- 0.93	Total Stockholder Equity
Accounts Payable	- 0.91	Retained Earnings