Hecla Other Liab vs Total Current Liabilities Analysis
HL Stock | USD 5.93 0.30 5.33% |
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 Other Liab and its Total Current Liabilities 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.
Other Liab vs Total Current Liabilities
Other Liab vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hecla Mining Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hecla Mining's Other Liab and Total Current Liabilities is 0.57. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities 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 Other Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Hecla Mining are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Hecla Mining's Other Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Total Current Liabilities
Total Current Liabilities is an item on Hecla Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hecla Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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.