Hecla Mining Company (HL)
Interest coverage
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 116,050 | -32,101 | -2,121 | 120,369 | 92,920 |
Interest expense | US$ in thousands | 49,834 | 43,319 | 42,793 | 41,945 | 49,569 |
Interest coverage | 2.33 | -0.74 | -0.05 | 2.87 | 1.87 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $116,050K ÷ $49,834K
= 2.33