Hecla Mining Stock Probability Of Bankruptcy
| HL Stock | USD 5.35 0.07 1.29% |
Hecla | Probability Of Bankruptcy |
Hecla Mining Company odds of financial distress Analysis
Hecla Mining's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Hecla Mining Probability Of Bankruptcy | Less than 20% |
Most of Hecla Mining's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hecla Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Hecla Mining probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Hecla Mining odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Hecla Mining financial health.
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.
Hecla Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Hecla Mining is extremely important. It helps to project a fair market value of Hecla Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Hecla Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hecla Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hecla Mining's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Hecla Mining has a Probability Of Bankruptcy of 20.0%. This is 54.89% lower than that of the Metals & Mining sector and 57.35% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 49.79% higher than that of the company.
Hecla Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hecla Mining's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hecla Mining could also be used in its relative valuation, which is a method of valuing Hecla Mining by comparing valuation metrics of similar companies.Hecla Mining is currently under evaluation in probability of bankruptcy category among related companies.
Hecla Mining Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.0377) | (0.006294) | 0.0129 | (0.0128) | (0.0282) | (0.0296) | |
| Asset Turnover | 0.24 | 0.21 | 0.26 | 0.3 | 0.25 | 0.44 | |
| Gross Profit Margin | 0.27 | 0.14 | 0.0348 | 0.21 | 0.16 | 0.26 | |
| Net Debt | 471.3M | 403.8M | 323.9M | 422.5M | 556.4M | 584.3M | |
| Total Current Liabilities | 117.0M | 149.8M | 160.4M | 178.5M | 157.5M | 165.3M | |
| Non Current Liabilities Total | 827.9M | 815.6M | 807.6M | 769.7M | 885.5M | 929.8M | |
| Total Assets | 2.6B | 2.7B | 2.7B | 2.9B | 3.0B | 3.2B | |
| Total Current Assets | 179.1M | 284.7M | 341.6M | 267.7M | 260.3M | 175.9M | |
| Total Cash From Operating Activities | 120.9M | 180.8M | 220.3M | 89.9M | 75.5M | 65.5M |
Hecla Fundamentals
| Return On Equity | -0.0427 | ||||
| Return On Asset | 0.0079 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 3.86 B | ||||
| Shares Outstanding | 616.79 M | ||||
| Shares Owned By Insiders | 7.17 % | ||||
| Shares Owned By Institutions | 63.61 % | ||||
| Number Of Shares Shorted | 18.33 M | ||||
| Price To Earning | 155.67 X | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 4.64 X | ||||
| Revenue | 720.23 M | ||||
| Gross Profit | 260.09 M | ||||
| EBITDA | 208.71 M | ||||
| Net Income | (84.22 M) | ||||
| Cash And Equivalents | 104.74 M | ||||
| Cash Per Share | 0.37 X | ||||
| Total Debt | 662.82 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 2.04 X | ||||
| Book Value Per Share | 3.19 X | ||||
| Cash Flow From Operations | 75.5 M | ||||
| Short Ratio | 2.43 X | ||||
| Earnings Per Share | (0.14) X | ||||
| Price To Earnings To Growth | (3.02) X | ||||
| Target Price | 6.25 | ||||
| Number Of Employees | 1.77 K | ||||
| Beta | 2.23 | ||||
| Market Capitalization | 3.3 B | ||||
| Total Asset | 3.01 B | ||||
| Retained Earnings | (503.86 M) | ||||
| Working Capital | 102.8 M | ||||
| Current Asset | 269.53 M | ||||
| Current Liabilities | 127.08 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.43 % | ||||
| Net Asset | 3.01 B | ||||
| Last Dividend Paid | 0.025 |
About Hecla Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hecla Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hecla Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hecla Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 | 85.16 |
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 ArchitectCheck out Hecla Mining Piotroski F Score and Hecla Mining Altman Z Score 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 CEOs Directory module to screen CEOs from public companies around the world.
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.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
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.