Is Hemlo Mining financially healthy?
Not really
Hemlo Mining earns only -5.5 times its interest bill, which leaves little room.
The numbers behind it
Net debt / EBITDANet cash
Current ratio2.1×Short-term assets for each CA$1 of bills due within a year
Interest coverage-5.5×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Hemlo Mining
Data as of Jul 17, 2026.