HL (Hecla Mining Co) LT-Debt-to-Total-Asset : 0.17 (As of Sep. 2024)

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What is Hecla Mining Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Hecla Mining Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.17.

Hecla Mining Co's long-term debt to total assets ratio declined from Sep. 2023 (0.20) to Sep. 2024 (0.17). It may suggest that Hecla Mining Co is progressively becoming less dependent on debt to grow their business.

Hecla Mining Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hecla Mining Co's LT-Debt-to-Total-Asset 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.

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Hecla Mining Co LT-Debt-to-Total-Asset Chart

Hecla Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.19

0.18

0.22

Hecla Mining Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.22	0.22	0.20	0.17

Hecla Mining Co LT-Debt-to-Total-Asset Calculation

Hecla Mining Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	653.063	/	3011.104
	=	0.22

Hecla Mining Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	496.631	/	2955.711
	=	0.17

Hecla Mining Co (NYSE:HL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Hecla Mining Co LT-Debt-to-Total-Asset Related Terms

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Hecla Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hecla Mining Co (NYSE:HL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HLpB.PFD:USA 1HL:Italy 0R0A:UK HCL:Germany HCL:Germany HCL:Germany HLMI:Austria HL:Argentina

Address

6500 North Mineral Drive, Suite 200, Coeur d\'Alene, ID, USA, 83815-9408

Website

https://www.hecla.com

Hecla Mining Co produces and explores silver, gold, zinc and other metals. 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 operates in Canada , United States and Mexico and it derives a majority of its revenue from United States.

Executives

Kurt Allen	officer: Vice President - Exploration	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
Robert Denis Brown	officer: Vice President - Corp. Develp.	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
Russell Douglas Lawlar	officer: Sr. VP, CFO and Treasurer	6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
George R Johnson	director	6500 N MINERAL DR, 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
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
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