Hecla Interest Income vs Net Income Analysis
HL Stock | USD 6.18 0.05 0.80% |
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 Interest Income and its Net Income 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 tightly coupled 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.
Interest Income vs Net Income
Interest Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hecla Mining Interest Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hecla Mining's Interest Income and Net Income is -0.31. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income 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 Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Hecla Mining are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Income i.e., Hecla Mining's Interest Income and Net Income go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Hecla Mining financial statement analysis. It represents the amount of money remaining after all of Hecla Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 tightly coupled 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 Selling General Administrative will most likely fall to about 28 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
Click cells to compare fundamentals
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 | 11.9M | 19.5M | 84.2M | 10.2M | 17.8M | |
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 | 8.1M | 9.5M | 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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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 tightly coupled 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Hecla Mining's price analysis, check to measure Hecla Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.
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Is Hecla Mining's industry 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 0.025 | Earnings Share (0.14) | Revenue Per Share 1.165 | Quarterly Revenue Growth (0.05) |
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.