Hecla Mining Company (HL) Financial Statements (2023 and earlier)

Company Profile

Business Address 6500 N MINERAL DRIVE SUITE 200
COEUR D'ALENE, ID 83815-9408
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments210145 34220199
Cash and cash equivalents210130 27186170
Short-term investments 15 73429
Receivables3629 181520
Prepaid expense   12  
Other current assets1919 111412
Other undisclosed current assets7691 887272
Total current assets:342285 164320303
Noncurrent Assets
Operating lease, right-of-use asset1211 ✕✕✕
Property, plant and equipment2,3112,345 2,5202,0202,033
Long-term investments and receivables1115 785
Long-term investments1115 785
Restricted cash and investments11 112
Deferred income tax assets463 ✕✕✕
Other noncurrent assets68 10155
Other undisclosed noncurrent assets   2224
Total noncurrent assets:2,3872,383 2,5402,0452,068
TOTAL ASSETS:2,7292,668 2,7042,3652,372
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:6869 784760
Employee-related liabilities2932 303137
Taxes payable128 869
Interest and dividends payable1414 66 
Other undisclosed accounts payable and accrued liabilities1314 34414
Debt66 566
Derivative instruments and hedges, liabilities1912    
Accrued environmental loss contingencies96 3  
Accrued reclamation costs96 376
Other liabilities00 61010
Other undisclosed current liabilities4952 404346
Total current liabilities:160150 136112127
Noncurrent Liabilities
Long-term debt and lease obligation526524 541508507
Long-term debt, excluding current maturities508507 533502501
Finance lease, liability89 ✕✕✕
Capital lease obligations✕✕✕866
Operating lease, liability108 ✕✕✕
Liabilities, other than long-term debt282291 336261258
Asset retirement obligations104110 10579 
Deferred tax liabilities, net✕✕✕174122122
Deferred income tax liabilities150132 ✕✕✕
Liability, pension and other postretirement and postemployment benefits544 484744
Accrued environmental loss contingencies     80
Other liabilities54 101312
Derivative instruments and hedges, liabilities19     
Total noncurrent liabilities:808816 877769764
Total liabilities:968965 1,013881892
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7611,702 1,6911,4841,480
Preferred stock 0 000
Common stock136135 122101100
Treasury stock, value(28)(23) (21)(18)(15)
Additional paid in capital2,0342,004 1,8801,6201,597
Accumulated other comprehensive loss(28)(33) (42)(23)(35)
Accumulated deficit(354)(380) (248)(195)(167)
Other undisclosed stockholders' equity attributable to parent0     
Total stockholders' equity:1,7611,702 1,6911,4841,480
TOTAL LIABILITIES AND EQUITY:2,7292,668 2,7042,3652,372

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues807692 567578646
Revenue, net✕✕✕✕578646
Cost of revenue
(Cost of Goods and Services Sold)		(590)(546) (488)(421)(454)
Gross profit:218146 79157192
Operating expenses(134)(94) (118)(92)(75)
Operating income (loss):8352 (39)65117
Nonoperating income (expense)(78)(68) 6(11)(20)
Investment income, nonoperating(36)   (0) 
Foreign currency transaction loss, before tax    (11)(5)
Other nonoperating expense(1)(2) (1)  
Interest and debt expense(42)(50) (41)(38)(22)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 50 41(19)22
Income (loss) from continuing operations before equity method investments, income taxes:(36)(17) (33)(4)97
Other undisclosed income from continuing operations before income taxes42     
Income (loss) from continuing operations before income taxes:6(17) (33)(4)97
Income tax expense (benefit)30(0) 7(20)(27)
Net income (loss) attributable to parent:35(17) (27)(24)70
Other undisclosed net loss available to common stockholders, basic(1)(1) (1)(1)(1)
Net income (loss) available to common stockholders, diluted:35(17) (27)(24)69

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):35(17) (27)(24)70
Other comprehensive income (loss)    11(2)
Comprehensive income (loss):35(17) (27)(12)68
Other undisclosed comprehensive income (loss), net of tax, attributable to parent44 (18)  
Comprehensive income (loss), net of tax, attributable to parent:40(12) (44)(12)68

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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