Hecla Other Liab vs Accounts Payable Analysis

HL Stock  USD 5.52  0.03  0.55%   
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 Liab and its Accounts Payable 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 closely tied 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 Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hecla Mining Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hecla Mining's Other Liab and Accounts Payable is 0.68. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable 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 Liab and Accounts Payable 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 Liab of Hecla Mining are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Hecla Mining's Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents Hecla Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hecla Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 closely tied 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 Issuance Of Capital Stock will most likely fall to about 20.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit217.8M116.2M112.9M74.5M
Total Revenue807.5M718.9M720.2M756.2M

Hecla Mining fundamental ratios Correlations

0.490.90.980.990.84-0.9-0.020.990.3-0.010.680.950.930.890.690.970.950.850.290.910.920.720.970.930.7
0.490.620.580.480.28-0.67-0.080.490.54-0.120.320.650.280.670.780.610.330.530.080.290.680.140.630.660.39
0.90.620.910.860.62-0.850.160.870.310.150.720.890.750.80.670.910.80.730.450.720.910.650.90.850.57
0.980.580.910.960.73-0.930.020.970.350.030.650.980.840.880.761.00.870.850.320.810.940.690.990.960.68
0.990.480.860.960.89-0.9-0.161.00.32-0.140.650.940.940.920.670.960.960.860.160.920.930.70.960.940.74
0.840.280.620.730.89-0.73-0.430.880.37-0.40.520.730.940.830.440.750.920.8-0.150.960.750.610.760.780.62
-0.9-0.67-0.85-0.93-0.9-0.730.15-0.91-0.50.16-0.6-0.98-0.75-0.91-0.76-0.96-0.78-0.9-0.13-0.76-0.91-0.68-0.97-0.98-0.66
-0.02-0.080.160.02-0.16-0.430.15-0.13-0.320.990.16-0.03-0.12-0.34-0.01-0.03-0.08-0.230.92-0.16-0.180.03-0.08-0.16-0.25
0.990.490.870.971.00.88-0.91-0.130.33-0.110.660.940.940.910.680.970.960.870.190.920.930.710.970.940.72
0.30.540.310.350.320.37-0.5-0.320.33-0.330.070.410.20.460.510.390.220.64-0.270.310.440.240.40.520.01
-0.01-0.120.150.03-0.14-0.40.160.99-0.11-0.330.14-0.04-0.09-0.34-0.02-0.03-0.06-0.220.92-0.13-0.180.0-0.08-0.16-0.22
0.680.320.720.650.650.52-0.60.160.660.070.140.620.640.530.130.640.670.350.420.610.570.80.640.560.45
0.950.650.890.980.940.73-0.98-0.030.940.41-0.040.620.80.90.780.990.830.890.250.790.930.660.990.990.69
0.930.280.750.840.940.94-0.75-0.120.940.2-0.090.640.80.810.50.831.00.770.180.990.780.680.830.80.65
0.890.670.80.880.920.83-0.91-0.340.910.46-0.340.530.90.810.750.910.830.86-0.020.810.930.580.920.930.68
0.690.780.670.760.670.44-0.76-0.010.680.51-0.020.130.780.50.750.780.530.780.170.490.770.240.770.80.51
0.970.610.911.00.960.75-0.96-0.030.970.39-0.030.640.990.830.910.780.860.880.260.810.950.691.00.980.69
0.950.330.80.870.960.92-0.78-0.080.960.22-0.060.670.831.00.830.530.860.790.220.980.820.70.860.830.66
0.850.530.730.850.860.8-0.9-0.230.870.64-0.220.350.890.770.860.780.880.79-0.010.810.860.550.880.940.5
0.290.080.450.320.16-0.15-0.130.920.19-0.270.920.420.250.18-0.020.170.260.22-0.010.120.130.270.220.110.06
0.910.290.720.810.920.96-0.76-0.160.920.31-0.130.610.790.990.810.490.810.980.810.120.770.670.810.810.59
0.920.680.910.940.930.75-0.91-0.180.930.44-0.180.570.930.780.930.770.950.820.860.130.770.590.950.940.68
0.720.140.650.690.70.61-0.680.030.710.240.00.80.660.680.580.240.690.70.550.270.670.590.690.640.39
0.970.630.90.990.960.76-0.97-0.080.970.4-0.080.640.990.830.920.771.00.860.880.220.810.950.690.980.7
0.930.660.850.960.940.78-0.98-0.160.940.52-0.160.560.990.80.930.80.980.830.940.110.810.940.640.980.65
0.70.390.570.680.740.62-0.66-0.250.720.01-0.220.450.690.650.680.510.690.660.50.060.590.680.390.70.65
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 Liab6.2M60.8M74.4M77.7M62.5M65.6M
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 Debt11.0M9.5M5.6M12.0M9.8M8.5M
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

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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 closely tied 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Metals & Mining space 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
0.04
Earnings Share
(0.03)
Revenue Per Share
1.364
Quarterly Revenue Growth
0.347
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.