Hecla mining co/de/ (HL)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Current assets:
Cash and cash equivalents

215

62

32

9

11

27

60

239

212

186

172

164

176

169

167

143

134

155

174

191

196

209

222

222

207

212

237

296

168

190

232

233

278

266

413

377

321

283

216

197

104

Investments

-

-

-

-

-

-

0

5

34

33

32

37

36

29

24

15

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

1

Accounts receivable:
Trade

6

12

6

6

9

4

12

9

19

14

6

9

17

20

26

25

30

13

10

7

27

17

17

21

26

17

34

8

11

17

21

30

5

10

29

45

50

36

-

-

25

Taxes

12

20

22

25

16

14

19

10

10

10

10

10

-

0

8

12

14

11

14

10

10

10

-

-

-

16

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

Other, net

9

6

8

7

5

7

7

8

8

7

9

12

22

9

14

32

16

16

12

14

5

6

9

8

10

4

17

20

8

5

7

6

6

9

-

-

-

0

48

22

2

Inventories:
Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Concentrates, doré, and stockpiled ore

39

30

63

45

44

53

42

35

37

29

38

25

30

25

23

28

29

22

20

29

22

25

20

29

22

27

23

18

19

15

11

9

11

13

14

11

7

8

11

15

12

Materials and supplies

35

35

35

35

34

34

33

25

25

26

24

23

23

24

23

23

23

23

23

23

20

21

20

21

21

21

20

20

14

13

13

13

12

12

11

10

10

10

9

9

8

Prepaid taxes

5

0

0

0

13

12

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

18

15

17

19

8

10

12

20

37

30

35

36

16

23

29

31

25

23

27

54

75

79

87

8

7

7

Current restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

18

11

10

15

8

11

21

17

17

10

16

8

8

12

10

7

9

9

15

14

15

12

7

5

13

8

20

18

12

8

12

20

14

21

19

2

2

3

4

5

4

Total current assets

342

179

178

145

144

164

198

352

366

321

311

291

315

291

310

311

276

269

291

299

308

316

318

346

332

343

389

399

258

282

330

339

353

362

542

522

471

432

300

258

166

Non-current investments

4

6

7

5

6

6

7

7

7

7

7

4

5

5

6

4

2

1

2

2

4

4

7

7

8

7

8

8

9

9

9

2

3

3

3

4

5

1

1

1

2

Non-current restricted cash and investments

1

1

1

1

1

1

1

1

1

1

1

1

2

2

2

0

0

0

0

0

0

0

0

0

7

5

5

5

0

0

0

0

0

0

0

0

10

10

10

9

10

Properties, plants, equipment and mineral interests, net

2,393

2,423

2,455

2,485

2,508

2,520

2,487

2,006

2,008

1,999

2,025

2,033

2,032

2,032

2,023

1,926

1,907

1,896

1,878

1,863

1,837

1,831

1,829

1,818

1,805

1,791

1,776

1,742

1,007

996

973

953

938

923

872

855

840

833

824

815

819

Operating lease right-of-use assets

14

16

17

19

20

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred income taxes

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

3

3

3

1

1

1

0

1

44

44

48

35

19

24

34

36

93

105

98

98

93

77

86

78

75

99

88

86

86

86

89

88

71

73

84

100

35

38

38

Reclamation insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

13

13

16

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets and deferred charges

4

7

9

10

10

10

14

24

13

14

6

3

2

4

2

3

2

2

3

3

10

9

3

3

9

5

12

17

14

1

2

7

11

17

24

3

4

5

6

7

9

Total assets

2,764

2,637

2,673

2,670

2,694

2,703

2,710

2,392

2,398

2,345

2,396

2,379

2,406

2,371

2,363

2,270

2,239

2,221

2,285

2,292

2,259

2,262

2,252

2,255

2,250

2,232

2,269

2,272

1,380

1,378

1,403

1,390

1,397

1,396

1,515

1,460

1,417

1,382

1,177

1,129

1,046

Current liabilities:
Accounts payable and accrued liabilities

49

57

57

69

61

77

65

53

51

46

46

47

51

60

57

57

56

51

47

44

39

41

45

39

39

51

56

60

37

43

39

34

30

37

51

44

26

31

33

23

13

Accrued payroll and related benefits

34

26

23

21

36

30

29

23

21

31

29

25

38

36

28

23

19

27

23

23

18

27

22

22

17

18

18

16

15

10

10

9

9

12

11

10

9

10

8

6

14

Accrued taxes

5

4

2

1

9

7

8

6

7

5

5

14

11

9

5

4

8

8

7

2

3

4

6

10

12

7

3

5

9

12

9

3

13

10

9

9

14

16

10

4

6

Current portion of finance leases

5

5

5

5

5

5

6

6

5

5

5

5

5

5

7

7

8

8

9

9

10

9

8

8

8

8

7

7

7

5

4

4

4

4

3

3

2

2

2

1

1

Current portion of operating leases

4

5

5

6

6

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of accrued reclamation and closure costs

5

4

7

6

5

3

6

8

8

6

6

8

7

5

17

24

20

20

20

21

1

1

2

58

58

58

74

19

19

19

34

39

40

42

178

175

175

175

7

5

5

Current portion of debt

-

-

-

-

-

-

-

-

-

-

0

0

0

0

1

1

2

2

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

4

5

15

5

15

5

15

5

14

5

14

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

7

6

8

0

6

5

1

1

7

10

7

11

18

3

17

10

16

6

15

6

14

5

15

8

15

6

17

8

-

3

-

-

-

-

-

-

-

-

-

-

-

Current derivative contract liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

14

20

11

-

-

Total current liabilities

117

116

145

117

146

136

132

105

115

112

115

113

132

126

135

129

132

127

125

109

88

90

101

147

151

151

177

118

90

94

98

91

97

107

254

253

243

256

73

42

41

Non-current finance leases

5

7

8

8

9

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current operating leases

10

10

11

12

13

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term capital leases

-

-

-

-

-

-

8

8

7

6

7

7

6

5

6

7

7

8

9

10

11

13

10

12

14

14

12

13

15

11

10

9

8

6

4

4

4

3

3

2

3

Accrued reclamation and closure costs

97

103

103

103

104

104

99

78

78

79

80

79

79

79

83

73

75

74

70

70

55

55

56

56

55

46

49

105

94

93

113

111

111

111

141

143

143

143

118

122

125

Long-term debt - Senior Notes

469

504

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt - revolving credit facility

210

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred tax liability

126

138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

584

586

533

532

534

533

533

502

501

501

501

500

500

500

500

500

501

501

498

498

498

496

491

490

490

490

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

143

148

159

173

164

112

116

124

122

121

121

122

124

127

126

119

125

137

138

153

156

165

159

164

171

169

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current pension liability

57

56

50

48

49

47

44

48

48

46

43

47

46

44

43

47

45

46

-

-

-

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

14

6

8

5

6

9

4

4

2

12

11

6

5

11

7

5

3

52

50

51

47

9

42

35

34

37

39

41

37

40

33

32

30

30

15

16

15

16

13

11

10

Total liabilities

1,107

944

1,056

1,031

1,024

1,012

988

891

903

883

883

876

892

891

901

891

891

882

883

880

840

865

866

913

906

905

941

937

236

240

256

245

248

255

416

417

406

420

209

179

181

Commitments and contingencies (Notes 2, 4, 7, 9, and 11)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

SHAREHOLDERS EQUITY
Preferred stock, 5,000,000 shares authorized: Series B preferred stock, $0.25 par value, 157,816 shares issued and outstanding, liquidation preference — $7,891

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

0

0

0

6.5% Mandatory Convertible Preferred stock, $0.25 par value, 2,012,500 shares issued and outstanding, liquidation preference 2010  $201,250 and 2009  $217,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Common stock, $0.25 par value, 750,000,000 authorized shares; issued March 31, 2020 — 529,534,568 shares and December 31, 2019 — 529,182,994 shares

132

132

124

123

122

121

121

101

101

100

100

100

99

99

99

97

96

95

95

94

93

92

92

87

85

85

85

85

71

71

71

71

71

71

70

-

69

64

64

63

59

Capital surplus

1,976

1,973

1,897

1,895

1,882

1,880

1,872

1,628

1,626

1,619

1,617

1,614

1,603

1,597

1,594

1,538

1,528

1,519

1,517

1,515

1,495

1,486

1,484

1,447

1,431

1,426

1,425

1,424

1,219

1,218

1,217

1,216

1,215

1,215

1,181

1,180

1,180

1,179

1,172

1,172

1,121

Accumulated deficit

-371

-353

-343

-323

-275

-248

-223

-176

-187

-218

-166

-166

-141

-167

-186

-211

-234

-232

-168

-157

-129

-141

-157

-159

-144

-154

-151

-141

-115

-123

-117

-115

-111

-120

-133

-189

-222

-265

-252

-268

-300

Accumulated other comprehensive loss

-56

-37

-37

-34

-38

-42

-28

-31

-26

-23

-20

-28

-31

-34

-30

-30

-31

-32

-31

-31

-30

-32

-24

-27

-24

-26

-27

-28

-26

-23

-21

-24

-23

-23

-16

-15

-14

-15

-14

-14

-14

Less treasury stock, at cost; March 31, 2020 and December 31, 2019 - 6,287,271 shares issued and held in treasury

22

22

22

22

20

20

20

20

19

18

18

17

15

15

15

14

11

10

10

9

9

8

8

6

5

5

5

5

4

4

3

2

2

2

2

2

2

2

2

2

0

Total stockholders’ equity

1,656

1,692

1,616

1,639

1,670

1,690

1,722

1,501

1,494

1,461

1,512

1,502

1,514

1,479

1,461

1,379

1,347

1,338

1,401

1,411

1,419

1,396

1,386

1,341

1,343

1,326

1,327

1,334

1,143

1,137

1,147

1,145

1,149

1,140

1,099

1,043

1,010

962

968

950

865

Total liabilities and stockholders’ equity

2,764

2,637

2,673

2,670

2,694

2,703

2,710

2,392

2,398

2,345

2,396

2,379

2,406

2,371

2,363

2,270

2,239

2,221

2,285

2,292

2,259

2,262

2,252

2,255

2,250

2,232

2,269

2,272

1,380

1,378

1,403

1,390

1,397

1,396

1,515

1,460

1,417

1,382

1,177

1,129

1,046