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
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 145 | 198 | 212 | 210 | 191 | 181 | 140 | ||
| Cash and cash equivalents | 145 | 198 | 212 | 210 | 191 | 181 | 140 | ||
| Receivables | 12 | 18 | 33 | 36 | 33 | 41 | 35 | ||
| Derivative instruments and hedges, assets | 7 | 10 | 5 | 6 | 7 | ||||
| Other current assets | 15 | 13 | 17 | 19 | 13 | 10 | 13 | ||
| Other undisclosed current assets | 105 | 83 | 82 | 76 | 69 | 92 | 103 | ||
| Total current assets: | 284 | 322 | 344 | 342 | 310 | 331 | 298 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 12 | 12 | 12 | 12 | 8 | 9 | 10 | ||
| Property, plant and equipment | 2,554 | 2,296 | 2,299 | 2,311 | 2,331 | 2,305 | 2,321 | ||
| Long-term investments and receivables | 13 | 24 | 29 | 11 | 8 | 11 | 12 | ||
| Long-term investments | 13 | 24 | 29 | 11 | 8 | 11 | 12 | ||
| Derivative instruments and hedges | 21 | 13 | 7 | 5 | 6 | ||||
| Restricted cash and investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Deferred income tax assets | 46 | 46 | 46 | 46 | 6 | 5 | 4 | ||
| Other noncurrent assets | 4 | 4 | 8 | 6 | 4 | 4 | 4 | ||
| Total noncurrent assets: | 2,651 | 2,395 | 2,395 | 2,387 | 2,364 | 2,340 | 2,357 | ||
| TOTAL ASSETS: | 2,935 | 2,717 | 2,739 | 2,729 | 2,674 | 2,671 | 2,655 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 88 | 85 | 74 | 68 | 63 | 62 | 53 | ||
| Employee-related liabilities | 29 | 26 | 24 | 23 | |||||
| Taxes payable | 12 | 9 | 5 | 8 | |||||
| Interest and dividends payable | 14 | 5 | 14 | 5 | |||||
| Other undisclosed accounts payable and accrued liabilities | 88 | 85 | 74 | 13 | 22 | 19 | 17 | ||
| Debt | 6 | 6 | 6 | 7 | |||||
| Derivative instruments and hedges, liabilities | 6 | 4 | 39 | 19 | 4 | 7 | 4 | ||
| Accrued environmental loss contingencies | 9 | ||||||||
| Accrued reclamation costs | 11 | 11 | 11 | 9 | 11 | 8 | 7 | ||
| Other liabilities | 6 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other undisclosed current liabilities | 51 | 58 | 65 | 49 | 43 | 46 | 39 | ||
| Total current liabilities: | 161 | 158 | 188 | 160 | 126 | 129 | 109 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 531 | 508 | 509 | 526 | 522 | 524 | 525 | ||
| Long-term debt, excluding current maturities | 531 | 508 | 509 | 508 | 508 | 509 | 508 | ||
| Finance lease, liability | 8 | 9 | 9 | 10 | |||||
| Operating lease, liability | 10 | 6 | 6 | 7 | |||||
| Liabilities, other than long-term debt | 267 | 250 | 295 | 282 | 283 | 297 | 296 | ||
| Asset retirement obligations | 106 | 104 | 104 | 104 | 109 | 113 | 114 | ||
| Deferred income tax liabilities | 154 | 143 | 141 | 150 | 143 | 143 | 149 | ||
| Liability, pension and other postretirement and postemployment benefits | 5 | 26 | 30 | 29 | |||||
| Other liabilities | 2 | 3 | 7 | 5 | 5 | 4 | 4 | ||
| Derivative instruments and hedges, liabilities | 6 | 1 | 43 | 19 | 1 | 7 | |||
| Other undisclosed noncurrent liabilities | 20 | 18 | 18 | ||||||
| Total noncurrent liabilities: | 818 | 776 | 822 | 808 | 805 | 821 | 821 | ||
| Total liabilities: | 980 | 934 | 1,010 | 968 | 931 | 951 | 930 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 1,955 | 1,783 | 1,729 | 1,761 | 1,743 | 1,721 | 1,725 | ||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | ||||
| Common stock | 151 | 137 | 137 | 136 | 136 | 136 | 136 | ||
| Treasury stock, value | (32) | (32) | (30) | (28) | (28) | (28) | (23) | ||
| Additional paid in capital | 2,242 | 2,044 | 2,036 | 2,034 | 2,032 | 2,025 | 2,021 | ||
| Accumulated other comprehensive income (loss) | (9) | 4 | (62) | (28) | (36) | (29) | (31) | ||
| Accumulated deficit | (397) | (370) | (353) | (354) | (362) | (383) | (377) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | |||||||
| Total stockholders' equity: | 1,955 | 1,783 | 1,729 | 1,761 | 1,743 | 1,721 | 1,725 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,935 | 2,717 | 2,739 | 2,729 | 2,674 | 2,671 | 2,655 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 146 | 191 | 186 | 185 | 194 | 218 | 211 | |
| Cost of revenue (Cost of Goods and Services Sold) | (138) | (154) | (141) | (132) | (158) | (159) | (146) | |
| Gross profit: | 8 | 37 | 45 | 53 | 35 | 59 | 65 | |
| Operating expenses | (34) | (30) | (31) | (31) | (44) | (33) | (26) | |
| Operating income (loss): | (25) | 8 | 15 | 22 | (9) | 26 | 38 | |
| Nonoperating income (expense) | (8) | (21) | (5) | (36) | 3 | (31) | (15) | |
| Investment income, nonoperating | (4) | (16) | 6 | |||||
| Foreign currency transaction gain (loss), before tax | 6 | 4 | 4 | (2) | ||||
| Other nonoperating income (expense) | 2 | 1 | 2 | 0 | (0) | (0) | ||
| Interest and debt expense | (11) | (11) | (10) | (10) | (10) | (10) | (11) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 10 | 11 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (44) | (24) | (1) | (24) | (16) | (4) | 24 | |
| Other undisclosed income from continuing operations before income taxes | 11 | 11 | 10 | 10 | 10 | |||
| Income (loss) from continuing operations before income taxes: | (33) | (13) | 10 | (14) | (6) | (4) | 24 | |
| Income tax expense (benefit) | 10 | (0) | (6) | 26 | 5 | 5 | (5) | |
| Net income (loss) attributable to parent: | (24) | (14) | 4 | 12 | (1) | 1 | 19 | |
| Other undisclosed net loss available to common stockholders, basic | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Net income (loss) available to common stockholders, diluted: | (24) | (14) | 4 | 12 | (1) | 1 | 19 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (24) | (14) | 4 | 12 | (1) | 1 | 19 | |
| Comprehensive income (loss): | (24) | (14) | 4 | 12 | (1) | 1 | 19 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (13) | 65 | (33) | 7 | (6) | 2 | 2 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (36) | 52 | (29) | 19 | (7) | 2 | 21 | |
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.