Hecla Mining Company (HL) Financial Statements (2025 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 thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24,58580,169106,374100,685106,78695,939
Cash and cash equivalents24,58580,169106,374100,685106,78695,939
Receivables30,24230,50814,74016,68515,59528,928
Inventory, net of allowances, customer advances and progress billings44,79037,41428,823   
Inventory44,79037,41428,823   
Other current assets16,60822,67427,12518,41027,04022,527
Other undisclosed current assets84,00584,48583,200112,634109,73497,556
Total current assets:200,230255,250260,262248,414259,155244,950
Noncurrent Assets
Operating lease, right-of-use asset8,3029,1878,3499,1639,90110,609
Property, plant and equipment2,657,9952,663,1552,666,2502,648,3092,615,7472,587,565
Long-term investments and receivables38,13532,873 16,59420,77826,434
Long-term investments38,13532,873 16,59420,77826,434
Restricted cash and investments1,1711,1631,1651,1631,1661,347
Deferred income tax assets   2,8833,3492,70313,280
Other noncurrent assets33,93132,63038,47134,16436,00941,439
Other undisclosed noncurrent assets   33,724   
Total noncurrent assets:2,739,5342,739,0082,750,8422,712,7422,686,3042,680,674
TOTAL ASSETS:2,939,7642,994,2583,011,1042,961,1562,945,4592,925,624
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:80,73281,28981,73787,14881,65383,704
Accrued liabilities42,78039,55846,14630,92644,43352,650
Other undisclosed accounts payable and accrued liabilities37,95241,73135,59156,22237,22031,054
Debt  9,800   
Derivative instruments and hedges, liabilities   1,144   
Accrued environmental loss contingencies   9,660   
Accrued reclamation costs10,0499,6609,66010,3529,6938,531
Other liabilities14,09013,5209,0215,6524,34811,428
Other undisclosed current liabilities50,65448,16836,43842,21955,64661,690
Total current liabilities:155,525152,637157,460145,371151,340165,353
Noncurrent Liabilities
Long-term debt and lease obligation582,577662,482653,063604,953559,817516,961
Long-term debt, excluding current maturities582,577662,482653,063604,953559,817516,961
Liabilities, other than long-term debt221,597220,509232,477233,062241,466251,153
Asset retirement obligations109,777111,668110,797109,613110,236109,808
Deferred income tax liabilities100,73298,011104,835109,293118,611121,081
Other liabilities11,08810,83016,48114,15612,61920,264
Derivative instruments and hedges, liabilities   364   
Total noncurrent liabilities:804,174882,991885,540838,015801,283768,114
Total liabilities:959,6991,035,6281,043,000983,386952,623933,467
Equity
Equity, attributable to parent1,980,0651,958,6301,968,1041,977,7701,992,8361,992,157
Preferred stock393939393939
Common stock156,745156,447156,076154,355153,334152,536
Treasury stock, value(34,931)(34,931)(33,734)(33,734)(33,734)(32,180)
Additional paid in capital2,354,0042,350,2492,343,7472,311,2662,289,6072,273,793
Accumulated other comprehensive income (loss)(6,054)4345,8372,81214,1968,964
Accumulated deficit(489,738)(513,608)(503,861)(456,968)(430,606)(410,995)
Total equity:1,980,0651,958,6301,968,1041,977,7701,992,8361,992,157
TOTAL LIABILITIES AND EQUITY:2,939,7642,994,2583,011,1042,961,1562,945,4592,925,624

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues245,657189,528160,690181,906178,131199,500
Cost of revenue
(Cost of Goods and Services Sold)
(194,227)(170,368)(153,825)(148,429)(140,472)(164,552)
Gross profit:51,43019,1606,86533,47737,65934,948
Operating expenses(10,830)(14,096)(49,262)(46,118)(32,848)(29,395)
Other operating income, net 17,283     
Other undisclosed operating loss (17,283)     
Operating income (loss):40,6005,064(42,397)(12,641)4,8115,553
Nonoperating expense(3,650)(9,002)(6,220)(11,274)(15,343)(5,484)
Investment income, nonoperating5,002(1,852)8,699(6,397)(2,558)3,181
Gain (loss), foreign currency transaction, before tax2,673  4,176(3,850) 
Other nonoperating income1,1801,5121,4581,6571,3761,392
Interest and debt expense (12,644)(12,133)(10,710)(10,311)(10,165)
Income (loss) from continuing operations before equity method investments, income taxes:36,950(16,582)(60,750)(34,625)(20,843)(10,096)
Other undisclosed income from continuing operations before income taxes 12,64412,13310,71010,31110,165
Income (loss) from continuing operations before income taxes:36,950(3,938)(48,617)(23,915)(10,532)69
Income tax expense (benefit)(9,080)(1,815)5,6821,500(5,162)(3,242)
Net income (loss) attributable to parent:27,870(5,753)(42,935)(22,415)(15,694)(3,173)
Other undisclosed net loss available to common stockholders, basic(138)(138)(138)(138)(138)(138)
Net income (loss) available to common stockholders, diluted:27,732(5,891)(43,073)(22,553)(15,832)(3,311)

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income (loss):27,870(5,753)(42,935)(22,415)(15,694)(3,173)
Comprehensive income (loss):27,870(5,753)(42,935)(22,415)(15,694)(3,173)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(6,488)(5,403)3,025(11,384)5,2326,516
Comprehensive income (loss), net of tax, attributable to parent:21,382(11,156)(39,910)(33,799)(10,462)3,343

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: