Hecla Other Assets vs Total Assets Analysis

HL Stock  USD 5.11  0.06  1.19%   
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 Assets and its Total Assets 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 Assets vs Total Assets

Other Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hecla Mining Other Assets account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hecla Mining's Other Assets and Total Assets is 0.13. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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 Assets and Total Assets 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 Assets of Hecla Mining are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Hecla Mining's Other Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Total Assets

Total assets refers to the total amount of Hecla Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hecla Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit217.8M116.2M112.9M74.5M
Total Revenue807.5M718.9M720.2M756.2M

Hecla Mining fundamental ratios Correlations

0.160.90.980.990.84-0.9-0.020.990.3-0.010.680.950.930.890.690.970.950.850.290.910.920.750.970.930.7
0.160.330.250.15-0.04-0.19-0.060.160.34-0.090.260.2-0.030.260.360.230.010.030.05-0.070.35-0.10.240.20.18
0.90.330.910.860.62-0.850.160.870.310.150.720.890.750.80.670.910.80.730.450.720.910.670.90.850.57
0.980.250.910.960.73-0.930.020.970.350.030.650.980.840.880.761.00.870.850.320.810.940.710.990.960.68
0.990.150.860.960.89-0.9-0.161.00.32-0.140.650.940.940.920.670.960.960.860.160.920.930.730.960.940.74
0.84-0.040.620.730.89-0.73-0.430.880.37-0.40.520.730.940.830.440.750.920.8-0.150.960.750.630.760.780.62
-0.9-0.19-0.85-0.93-0.9-0.730.15-0.91-0.50.16-0.6-0.98-0.75-0.91-0.76-0.96-0.78-0.9-0.13-0.76-0.91-0.71-0.97-0.98-0.66
-0.02-0.060.160.02-0.16-0.430.15-0.13-0.320.990.16-0.03-0.12-0.34-0.01-0.03-0.08-0.230.92-0.16-0.180.11-0.08-0.16-0.25
0.990.160.870.971.00.88-0.91-0.130.33-0.110.660.940.940.910.680.970.960.870.190.920.930.740.970.940.72
0.30.340.310.350.320.37-0.5-0.320.33-0.330.070.410.20.460.510.390.220.64-0.270.310.440.130.40.520.01
-0.01-0.090.150.03-0.14-0.40.160.99-0.11-0.330.14-0.04-0.09-0.34-0.02-0.03-0.06-0.220.92-0.13-0.180.08-0.08-0.16-0.22
0.680.260.720.650.650.52-0.60.160.660.070.140.620.640.530.130.640.670.350.420.610.570.790.640.560.45
0.950.20.890.980.940.73-0.98-0.030.940.41-0.040.620.80.90.780.990.830.890.250.790.930.710.990.990.69
0.93-0.030.750.840.940.94-0.75-0.120.940.2-0.090.640.80.810.50.831.00.770.180.990.780.740.830.80.65
0.890.260.80.880.920.83-0.91-0.340.910.46-0.340.530.90.810.750.910.830.86-0.020.810.930.570.920.930.68
0.690.360.670.760.670.44-0.76-0.010.680.51-0.020.130.780.50.750.780.530.780.170.490.770.280.770.80.51
0.970.230.911.00.960.75-0.96-0.030.970.39-0.030.640.990.830.910.780.860.880.260.810.950.721.00.980.69
0.950.010.80.870.960.92-0.78-0.080.960.22-0.060.670.831.00.830.530.860.790.220.980.820.750.860.830.66
0.850.030.730.850.860.8-0.9-0.230.870.64-0.220.350.890.770.860.780.880.79-0.010.810.860.580.880.940.5
0.290.050.450.320.16-0.15-0.130.920.19-0.270.920.420.250.18-0.020.170.260.22-0.010.120.130.340.220.110.06
0.91-0.070.720.810.920.96-0.76-0.160.920.31-0.130.610.790.990.810.490.810.980.810.120.770.730.810.810.59
0.920.350.910.940.930.75-0.91-0.180.930.44-0.180.570.930.780.930.770.950.820.860.130.770.590.950.940.68
0.75-0.10.670.710.730.63-0.710.110.740.130.080.790.710.740.570.280.720.750.580.340.730.590.720.670.44
0.970.240.90.990.960.76-0.97-0.080.970.4-0.080.640.990.830.920.771.00.860.880.220.810.950.720.980.7
0.930.20.850.960.940.78-0.98-0.160.940.52-0.160.560.990.80.930.80.980.830.940.110.810.940.670.980.65
0.70.180.570.680.740.62-0.66-0.250.720.01-0.220.450.690.650.680.510.690.660.50.060.590.680.440.70.65
Click cells to compare fundamentals

Hecla Mining Account Relationship Matchups

Hecla Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B2.7B2.9B3.0B3.2B
Other Current Liab6.2M11.9M19.5M84.2M10.2M17.8M
Total Current Liabilities117.0M149.8M160.4M178.5M157.5M165.3M
Total Stockholder Equity1.7B1.7B1.8B2.0B2.0B2.1B
Property Plant And Equipment Net2.4B2.4B2.3B2.6B2.7B2.8B
Net Debt471.3M403.8M323.9M422.5M556.4M584.3M
Retained Earnings(353.3M)(379.5M)(353.7M)(403.9M)(503.9M)(478.7M)
Cash62.5M129.8M210.0M104.7M106.4M90.8M
Non Current Assets Total2.5B2.4B2.4B2.7B2.8B2.9B
Non Currrent Assets Other8.4M9.1M7.5M33.5M39.6M41.6M
Cash And Short Term Investments62.5M129.8M210.0M104.7M106.4M96.0M
Net Receivables38.4M39.2M44.6M55.8M33.1M28.4M
Common Stock Shares Outstanding490.4M527.3M542.2M557.3M605.7M636.0M
Liabilities And Stockholders Equity2.6B2.7B2.7B2.9B3.0B3.2B
Non Current Liabilities Total827.9M815.6M807.6M769.7M885.5M929.8M
Inventory66.2M96.5M67.8M90.7M93.6M98.3M
Other Current Assets12.0M19.1M19.3M16.5M27.1M28.5M
Other Stockholder Equity2.0B2.0B2.0B2.2B2.3B2.4B
Total Liab944.9M965.4M968.0M948.2M1.0B1.1B
Property Plant And Equipment Gross2.4B2.4B2.3B2.6B4.5B4.8B
Total Current Assets179.1M284.7M341.6M267.7M260.3M175.9M
Accumulated Other Comprehensive Income(37.3M)(32.9M)(28.5M)2.4M5.8M6.1M
Short Long Term Debt Total533.8M533.6M533.9M527.2M662.8M696.0M
Accounts Payable57.7M68.5M68.1M84.7M81.7M85.8M
Short Term Debt11.0M9.5M8.1M9.5M9.8M8.5M
Common Stock132.3M134.6M136.4M151.8M156.1M163.9M
Common Stock Total Equity132.3M134.6M136.4M151.8M174.6M183.3M
Other Liab305.2M291.4M281.8M252.0M289.8M176.3M
Other Assets11.9M2.4B53.1M54.6M62.8M59.6M
Long Term Debt504.7M507.2M508.1M517.7M653.1M685.7M
Treasury Stock(23.0M)(23.5M)(28.0M)(31.7M)(28.5M)(27.1M)
Property Plant Equipment2.4B2.3B2.3B2.6B3.0B3.1B
Current Deferred Revenue42.1M59.9M64.7M55.8M50.2M41.7M
Net Tangible Assets1.7B1.7B1.8B2.0B2.3B1.6B
Long Term Debt Total511.9M507.2M508.1M517.7M595.4M422.0M
Capital Surpluse2.0B2.0B2.0B2.3B2.6B1.9B
Capital Lease Obligations29.0M26.4M25.8M9.5M9.8M15.6M

Hecla Mining Investors Sentiment

The influence of Hecla Mining's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hecla. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hecla Mining's public news can be used to forecast risks associated with an investment in Hecla. The trend in average sentiment can be used to explain how an investor holding Hecla can time the market purely based on public headlines and social activities around Hecla Mining. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hecla Mining's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hecla Mining's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hecla Mining's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hecla Mining.

Hecla Mining Implied Volatility

    
  56.03  
Hecla Mining's implied volatility exposes the market's sentiment of Hecla Mining stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hecla Mining's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hecla Mining stock will not fluctuate a lot when Hecla Mining's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hecla Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hecla Mining's short interest history, or implied volatility extrapolated from Hecla Mining options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hecla Mining is a strong investment it is important to analyze Hecla Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hecla Mining's future performance. For an informed investment choice regarding Hecla Stock, refer to the following important reports:
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Hecla Stock analysis

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
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
1.189
Quarterly Revenue Growth
(0.17)
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.