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Hecla Mining HL Cash ratio

Cash ratio at other companies

Coeur Mining logo
Coeur MiningCDE
1.8×+1.5×
MP Materials logo
MP MaterialsMP
3.1×+2.3×
Alcoa logo
AlcoaAA
0.4×0.0×
Newmont logo
NewmontNEM
1.6×+0.7×
Freeport-McMoRan Inc. logo
Freeport-McMoRan Inc.FCX
0.7×-0.1×
Southern Copper logo
Southern CopperSCCO
2.5×+0.4×

Other financials

Income statement

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Revenue$411.4M+100%
Gross profit$253.3M+269%
Operating income$223.1M+371%
Net income-$19.0M-166%
EPS (diluted)-$0.03-160%

Balance sheet

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Cash & equivalents$587.6M+2,382%
Total debt$285.7M-51.6%
Total equity$2.6B+24.0%
Total assets$3.4B+11.7%

Cash flow

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Operating cash flow$194.2M+444%
CapEx$39.3M+3.8%
Free cash flow$155.0M+7,480%

Valuation

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Market cap$10.7B+255%
Enterprise value$10.4B+199%
P/E39.1×-3.7×
P/S6.8×+3.6×

Profitability

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Gross margin50.9%+24.8pp
Operating margin43.6%+27.9pp
Net margin17.4%+10.0pp
FCF margin29.7%+26.3pp

Returns & leverage

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Return on equity11.8%+8.3pp
Debt / equity0.1×-0.2×
Current ratio4.9×+3.5×

Where this comes from

Calculated from Hecla Mining’s reported figures.

Based on the most recent quarter.

The official record: Hecla Mining’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hecla Mining's cash ratio?
Hecla Mining (HL) reported cash ratio of 3× in Q1 2026.
How has Hecla Mining's cash ratio changed year-over-year?
Hecla Mining's cash ratio increased by 2112.4% year-over-year, from 0.1× to 3×.
What is the long-term trend for Hecla Mining's cash ratio?
Over 5 years (2020 to 2025), Hecla Mining's cash ratio has grown at a 3.4% compound annual growth rate (CAGR), from 0.9× to 1×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.