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Hecla Mining Co (Hecla Mining Co) Interest Expense : $-43.3 Mil (TTM As of Dec. 2023)


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What is Hecla Mining Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hecla Mining Co's interest expense for the three months ended in Dec. 2023 was $ -12.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-43.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Hecla Mining Co's Operating Income for the three months ended in Dec. 2023 was $ -13.7 Mil. Hecla Mining Co's Interest Expense for the three months ended in Dec. 2023 was $ -12.1 Mil. Hecla Mining Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hecla Mining Co Interest Expense Historical Data

The historical data trend for Hecla Mining Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hecla Mining Co Interest Expense Chart

Hecla Mining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.45 -49.57 -41.95 -42.79 -43.32

Hecla Mining Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.01 -10.17 -10.31 -10.71 -12.13

Hecla Mining Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-43.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hecla Mining Co  (NYSE:HL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hecla Mining Co's Interest Expense for the three months ended in Dec. 2023 was $-12.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-13.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $653.1 Mil.

Hecla Mining Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hecla Mining Co did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Hecla Mining Co (Hecla Mining Co) Business Description

Traded in Other Exchanges
Address
6500 North Mineral Drive, Suite 200, Coeur d'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, lead, and zinc. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, it derives a majority of its revenue from Canada.
Executives
George R Johnson director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Kurt Allen officer: Vice President - Exploration 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Michael L. Clary officer: Sr. VP & Chief Admin. Officer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
David C Sienko officer: Vice President - Gen. Counsel 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815
Stephen F Ralbovsky director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Charles B Stanley director 6500 NORTH MINERAL DRIVE, COEUR D'ALENE ID 83815-9408
Theodore Crumley director 2390 N. TOWERVIEW LANE, BOISE ID 83702
Terry V Rogers director 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Nethercutt George R Jr director 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815-9408
Russell Douglas Lawlar officer: Sr. VP, CFO and Treasurer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Alice Wong director 6500 N. MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Baker Phillips S Jr director, officer: President, CEO & CFO 6500 NORTH MINERAL DRIVE, SUITE 200, COEUR D 'ALENE ID 83815
Robert Denis Brown officer: Vice President - Corp. Develp. 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Lauren M Roberts officer: Sr. Vice President & COO 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Catherine J Boggs director 6500 N MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815