Hecla Mining CoHL +4.98%67 Interest Coverage is 40.25 as of Mar. 2026, which is 1497% above its 10-year median of 2.52. GuruFocus rates HL with a GF Score™ of 67/100 and a GF Value™ of $9.65 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,319 Metals & Mining companies, Hecla Mining Co ranks worse than 74.75% on this metric.
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
by its Interest Expense. Hecla Mining Co's
Operating Income
for the
three
months ended in Mar. 2026 was $228 Mil. Hecla Mining Co's Interest Expense for the
three
months ended in Mar. 2026 was $-6 Mil.
Hecla Mining Co's interest coverage for the quarter that ended in Mar. 2026 was 40.25.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Hecla Mining Co's Interest Coverage or its related term are showing as below:
HL'
s Interest Coverage Range Over the Past 10 Years
Min: 0.48 Med: 2.52 Max: 19.84
Current: 19.84
HL's Interest Coverage is ranked worse than 74.75% of 1319
companies
in the Metals & Mining industry
Industry Median: No Debt
vs HL: 19.84
Hecla Mining Co (NYSE:HL) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Hecla Mining Co Interest Coverage Related Terms
Hecla Mining Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hecla Mining Co's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
HL vs MUX, LODE, GORO: Interest Coverage Comparison
For the Other Precious Metals & Mining subindustry, Hecla Mining Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hecla Mining Co Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hecla Mining Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hecla Mining Co's Interest Coverage falls into.
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:
* 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 (HL) has a Interest Coverage of 40.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hecla Mining Co and its competitors. This is 1497% above median its historical median of 2.52. Over the past decade, Hecla Mining Co's Interest Coverage has ranged from 0.48 to 19.84. According to the industry distribution chart, Hecla Mining Co ranks #986 out of 1319 companies in the Metals & Mining industry, placing it in the top 74.8%.
Is Hecla Mining Co's Interest Coverage too high?
Hecla Mining Co's current Interest Coverage of 40.25 is 1497% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 19.84. The Metals & Mining industry median Interest Coverage is 10,000.00. Hecla Mining Co's value of 40.25 is 99.6% below this industry median. Based on the distribution chart, Hecla Mining Co ranks #986 out of 1319 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Hecla Mining Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hecla Mining Co's Interest Coverage compare to MUX and LODE?
According to the Metals & Mining industry distribution chart, Hecla Mining Co ranks #986 out of 1319 companies for Interest Coverage. This places Hecla Mining Co in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Hecla Mining Co's value of 40.25 is 99.6% below this benchmark. Historically, Hecla Mining Co's own Interest Coverage has ranged from 0.48 to 19.84 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 10,000.00, Hecla Mining Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hecla Mining Co's current Interest Coverage of 40.25 is 99.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hecla Mining Co and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hecla Mining Co's current Interest Coverage is 40.25, which is 1497% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hecla Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hecla Mining Co (HL) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.65, compared to a current price of $15.91 — trading 64.8% above its estimated fair value. The current Interest Coverage is 40.25, which is 1497% above median its 10-year median of 2.52 and 99.6% below the Metals & Mining industry median of 10,000.00. Hecla Mining Co's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Hecla Mining Co (HL), the current Interest Coverage is 40.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hecla Mining Co (HL) Overvalued in 2026?
Based on GuruFocus' analysis, Hecla Mining Co stock appears to be overvalued.
The current stock price of $15.91 is trading 64.8% above its estimated GF Value™ of $9.65.
GuruFocus considers Hecla Mining Co to be Significantly Overvalued.
Key valuation signals for HL:
Interest Coverage: 40.25 (1497% above median its 10-year median of 2.52)
GF Value™: $9.65 vs. price of $15.91 (64.8% above fair value)
Industry Position: 99.6% below the Metals & Mining median (#986 of 1319)
No single metric tells the full story. See the HL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hecla Mining Co produces and explores silver, gold, zinc, and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada, the United States, and Mexico, and it derives a majority of its revenue from the United States.
67GF Score
Get the complete analysis for HL
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HL has been successfully added to your 
