Hecla Mining Company (HL)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash US$ in thousands 26,868 106,374 104,743 210,010 129,830
Short-term investments US$ in thousands 1,177 1,164 1,053 1,053
Receivables US$ in thousands 49,053 33,116 55,841 44,586 39,193
Total current liabilities US$ in thousands 197,838 157,460 178,466 160,383 149,785
Quick ratio 0.39 0.89 0.91 1.59 1.14

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($26,868K + $1,177K + $49,053K) ÷ $197,838K
= 0.39