Financial Ratios Hudbay Minerals Inc.

Equities

HBM

CA4436281022

Specialty Mining & Metals

Market Closed - Toronto S.E. Other stock markets 01:30:00 13/09/2024 am IST			5-day change	1st Jan Change
9.800 ^CAD	+3.92%		+0.41%	+34.43%

10/09	RBC Capital Markets Outlines Estimate Changes for North American Base Metals Companies	MT
03/09	Copper Stocks Brief: Goldman Sachs Group Exited a Long-term Bullish Position on Copper and Slashed Its Price Forecast for 2025 by Near US$5,000, Citing Shrinking Demand in China, Bloomberg noted	MT

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Published financial data: HUDBAY MINERALS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.24B	1.09B	1.5B	1.46B	1.69B
Total Revenues	1.24B	1.09B	1.5B	1.46B	1.69B
Cost of Goods Sold, Total	741M	692M	820M	847M	906M
Gross Profit	496M	401M	682M	615M	784M
Selling General & Admin Expenses, Total	36.17M	41.41M	43.01M	33.99M	39.23M
Exploration / Drilling Costs, Total	30.77M	17.2M	39.96M	34.51M	29.28M
Stock-Based Compensation (IS)	229K	478K	370K	115K	217K
Depreciation & Amortization - (IS)	345M	362M	358M	338M	392M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	24.49M	15.56M	214M	-99.79M	23.56M
Other Operating Expenses, Total	436M	436M	655M	306M	484M
Operating Income	59.88M	-35.64M	27.26M	308M	300M
Interest Expense, Total	-69.6M	-86.35M	-77.56M	-70.76M	-80.38M
Interest And Investment Income	8.53M	1.81M	997K	2.61M	8.15M
Net Interest Expenses	-61.07M	-84.54M	-76.56M	-68.16M	-72.23M
Currency Exchange Gains (Loss)	-1.39M	1.64M	-1.4M	5.38M	-5.34M
Other Non Operating Income (Expenses)	-92.61M	-52.33M	-111M	-49.71M	-54.31M
EBT, Excl. Unusual Items	-95.19M	-171M	-161M	196M	168M
Restructuring Charges	-	-	-6.95M	-10.61M	-2.91M
Merger & Related Restructuring Charges	-	-	-	-	-6.93M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-4.54M	4.12M	-4.47M	2.48M	-3.5M
Gain (Loss) On Sale Of Assets	-4.81M	-5.09M	-7.04M	3.31M	-7.45M
Asset Writedown	-322M	-	-	-94.96M	-
Insurance Settlements	-	-	-	-	4.23M
Other Unusual Items	-25.98M	-7.25M	-22.88M	-	-
EBT, Incl. Unusual Items	-453M	-179M	-203M	95.82M	152M
Income Tax Expense	-109M	-34.5M	41.61M	25.43M	82.29M
Earnings From Continuing Operations	-344M	-145M	-244M	70.38M	69.54M
Net Income to Company	-344M	-145M	-244M	70.38M	69.54M
Minority Interest	-	-	-	-	-3.18M
Net Income - (IS)	-344M	-145M	-244M	70.38M	66.37M
Net Income to Common Incl Extra Items	-344M	-145M	-244M	70.38M	66.37M
Net Income to Common Excl. Extra Items	-344M	-145M	-244M	70.38M	66.37M
Per Share Items
Net EPS - Basic	-1.32	-0.55	-0.93	0.27	0.21
Basic EPS - Continuing Operations	-1.32	-0.55	-0.93	0.27	0.21
Basic Weighted Average Shares Outstanding	261M	261M	261M	262M	311M
Net EPS - Diluted	-1.32	-0.55	-0.93	0.27	0.21
Diluted EPS - Continuing Operations	-1.32	-0.55	-0.93	0.27	0.21
Diluted Weighted Average Shares Outstanding	261M	261M	261M	262M	311M
Normalized Basic EPS	-0.23	-0.41	-0.39	0.47	0.33
Normalized Diluted EPS	-0.23	-0.41	-0.39	0.47	0.33
Dividend Per Share	0.02	0.02	0.02	0.01	0.02
Payout Ratio	-1.14	-2.62	-1.7	5.75	6.72
Supplemental Items
EBITDA	389M	364M	409M	660M	710M
EBITA	64.27M	24.57M	74.91M	344M	337M
EBIT	59.88M	-35.64M	27.26M	308M	300M
EBITDAR	446M	462M	506M	742M	747M
Effective Tax Rate - (Ratio)	24.06	19.27	-20.52	26.54	54.2
Current Domestic Taxes	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	30.2M	4.06M	25.57M	10.67M	83.07M
Total Deferred Taxes	-132M	-39.9M	-9.03M	-1.19M	-19.59M
Normalized Net Income	-59.49M	-107M	-101M	122M	102M
Interest Capitalized	9.89M	-	-	-	-
Interest on Long-Term Debt	78.26M	86.53M	85.04M	75.55M	86.48M
Non-Cash Pension Expense	1.16M	951K	5.86M	-232K	531K
Supplemental Operating Expense Items
Exploration/Drilling Costs	30.77M	17.2M	39.96M	34.51M	29.28M
Net Rental Expense, Total	56.15M	98M	97.12M	82.11M	37.3M
Imputed Operating Lease Interest Expense	33.65M	59.74M	49.05M	37.13M	18.21M
Imputed Operating Lease Depreciation	22.51M	38.25M	48.08M	44.97M	19.09M
Stock-Based Comp., COGS (Total)	400K	1.4M	1.35M	420K	589K
Stock-Based Compensation - Exploration Costs / Drilling Costs, Total	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	2.08M	13.13M	10.43M	1.53M	6.55M
Stock-Based Comp., Other (Total)	4.48M	2.26M	2.3M	2.06M	2.04M
Total Stock-Based Compensation	6.97M	16.79M	14.08M	4M	9.18M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	396M	439M	271M	226M	250M
Short Term Investments	-	-	-	-	722K
Total Cash And Short Term Investments	396M	439M	271M	226M	251M
Accounts Receivable, Total	87.33M	108M	167M	84.1M	170M
Other Receivables	25.95M	45.86M	37.56M	38.24M	35.92M
Total Receivables	113M	154M	204M	122M	206M
Inventory	139M	143M	158M	155M	207M
Prepaid Expenses	12.74M	16.72M	15.34M	20.11M	6.29M
Restricted Cash	337K	337K	437K	486K	1.96M
Other Current Assets, Total	1.71M	2.74M	7.43M	577K	1.42M
Total Current Assets	663M	756M	657M	524M	673M
Gross Property Plant And Equipment	5.81B	6.26B	6.62B	5.31B	6.9B
Accumulated Depreciation	-2.14B	-2.53B	-2.88B	-1.75B	-2.58B
Net Property Plant And Equipment	3.66B	3.73B	3.74B	3.55B	4.32B
Long-term Investments	11.29M	15.67M	11.16M	9.8M	7.09M
Goodwill	-	-	-	-	75.28M
Other Intangibles, Total	5.03M	5.41M	5.9M	4.77M	4.02M
Deferred Tax Assets Long-Term	69.95M	102M	134M	126M	152M
Deferred Charges Long-Term	5.38M	15.76M	14.24M	45.07M	48.43M
Other Long-Term Assets, Total	38.72M	40.57M	53.66M	64.05M	36.61M
Total Assets	4.46B	4.67B	4.62B	4.33B	5.31B
Liabilities
Accounts Payable, Total	68.74M	105M	84.28M	83.82M	69.26M
Accrued Expenses, Total	146M	157M	152M	148M	188M
Current Portion of Long-Term Debt	-	-	-	-	3.3M
Current Portion of Leases	32.78M	33.47M	33.53M	16.16M	28.9M
Current Income Taxes Payable	2.15M	2.7M	15.24M	4.05M	53.44M
Unearned Revenue Current, Total	87.95M	104M	168M	151M	144M
Other Current Liabilities	54.19M	46.37M	56.32M	44.18M	49.82M
Total Current Liabilities	392M	449M	509M	448M	537M
Long-Term Debt	985M	1.14B	1.18B	1.18B	1.3B
Long-Term Leases	49.17M	30.04M	44.47M	44.86M	61.43M
Unearned Revenue Non Current	477M	581M	495M	405M	331M
Pension & Other Post Retirement Benefits	146M	153M	135M	89.6M	108M
Deferred Tax Liability Non Current	238M	229M	262M	251M	407M
Other Non Current Liabilities	321M	389M	514M	332M	366M
Total Liabilities	2.61B	2.97B	3.14B	2.75B	3.11B
Common Stock, Total	1.78B	1.78B	1.78B	1.78B	2.24B
Retained Earnings	95.03M	-53.33M	-302M	-236M	-174M
Comprehensive Income and Other	-24.25M	-24.2M	-182K	26.54M	30.18M
Total Common Equity	1.85B	1.7B	1.48B	1.57B	2.1B
Minority Interest	-	-	-	-	110M
Total Equity	1.85B	1.7B	1.48B	1.57B	2.21B
Total Liabilities And Equity	4.46B	4.67B	4.62B	4.33B	5.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	261M	261M	262M	262M	351M
ECS Total Common Shares Outstanding	261M	261M	262M	262M	351M
Book Value / Share	7.07	6.51	5.65	6	5.98
Tangible Book Value	1.84B	1.69B	1.47B	1.57B	2.02B
Tangible Book Value Per Share	7.05	6.49	5.62	5.98	5.75
Total Debt	1.07B	1.2B	1.26B	1.25B	1.39B
Net Debt	671M	760M	987M	1.02B	1.14B
Debt Equivalent of Unfunded Proj. Benefit Obligation	41.61M	36.87M	16.72M	7.41M	9.29M
Debt Equivalent Oper. Leases	449M	784M	777M	657M	298M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	110M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	62.17M	63.82M	73.85M	86.98M	146M
Inventories - Work In Process, Total	14.42M	6.36M	5.65M	3.09M	-
Inventories - Finished Goods, Total	62.23M	72.92M	78.96M	64.94M	61.27M
Machinery, Total	2.65B	2.79B	2.98B	2.74B	3.26B
Full Time Employees	2.23K	-	-	-	-
Part Time Employees	17	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-344M	-145M	-244M	70.38M	66.37M
Depreciation & Amortization - CF	345M	362M	359M	338M	392M
Amortization of Goodwill and Intangible Assets - (CF)	4.39M	60.21M	47.64M	36.28M	36.24M
Depreciation & Amortization, Total	349M	423M	407M	374M	429M
Amortization of Deferred Charges, Total - (CF)	1.61M	4.96M	3.35M	1.06M	636K
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	4.54M	-49.51M	54.22M	1.16M	3.5M
Asset Writedown & Restructuring Costs	322M	-	-	94.96M	-
Stock-Based Compensation (CF)	2.71M	15.01M	12.14M	2.06M	7.36M
Other Operating Activities, Total	-29.43M	-6.68M	256M	-152M	63.47M
Change In Accounts Receivable	3.25M	-37.72M	-60.98M	88.48M	-70.34M
Change In Inventories	-11.76M	-2.87M	-32.75M	-13.03M	18.15M
Change In Accounts Payable	5.61M	36.25M	-11.55M	2.45M	-31.45M
Change In Income Taxes	-	-	-	-	-
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	6.46M	1.96M	1.23M	18.18M	-9.5M
Cash from Operations	311M	239M	384M	488M	477M
Capital Expenditure	-259M	-361M	-377M	-309M	-281M
Sale of Property, Plant, and Equipment	-	-	-	4.1M	874K
Cash Acquisitions	-44.69M	-	-	-37.49M	254K
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	1.19M	1.92M	53K
Other Investing Activities, Total	11.52M	2.17M	1.24M	2.76M	8.14M
Cash from Investing	-292M	-359M	-375M	-338M	-272M
Long-Term Debt Issued, Total	-	600M	600M	-	100M
Total Debt Issued	-	600M	600M	-	100M
Long-Term Debt Repaid, Total	-32.95M	-436M	-638M	-35.77M	-170M
Total Debt Repaid	-32.95M	-436M	-638M	-35.77M	-170M
Issuance of Common Stock	-	-	980K	1.25M	14.61M
Common Dividends Paid	-3.93M	-3.78M	-4.15M	-4.05M	-4.46M
Common & Preferred Stock Dividends Paid	-3.93M	-3.78M	-4.15M	-4.05M	-4.46M
Other Financing Activities, Total	-101M	1.86M	-135M	-158M	-122M
Cash from Financing	-138M	162M	-176M	-196M	-182M
Foreign Exchange Rate Adjustments	-59K	434K	-1.06M	843K	1.45M
Net Change in Cash	-119M	42.99M	-168M	-45.32M	24.13M
Supplemental Items
Cash Interest Paid	74.75M	81.52M	84.44M	63.75M	73.99M
Cash Income Tax Paid (Refund)	26.85M	12.64M	20.13M	39.61M	54.76M
Levered Free Cash Flow	135M	13.69M	6.27M	262M	244M
Unlevered Free Cash Flow	178M	67.66M	54.75M	306M	294M
Change In Net Working Capital	-42.28M	-6.69M	8.83M	-43.03M	50.57M
Net Debt Issued / Repaid	-32.95M	164M	-37.72M	-35.77M	-70.08M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.82	-0.49	0.37	4.31	3.89
Return on Total Capital	1.22	-0.77	0.6	6.94	5.85
Return On Equity %	-17.08	-8.15	-15.38	4.62	3.68
Return on Common Equity	-17.08	-8.15	-15.38	4.62	3.62
Margin Analysis
Gross Profit Margin %	40.09	36.69	45.43	42.05	46.4
SG&A Margin	2.92	3.79	2.86	2.33	2.32
EBITDA Margin %	31.47	33.29	27.25	45.13	42.01
EBITA Margin %	5.19	2.25	4.99	23.56	19.91
EBIT Margin %	4.84	-3.26	1.82	21.08	17.77
Income From Continuing Operations Margin %	-27.78	-13.24	-16.27	4.82	4.11
Net Income Margin %	-27.78	-13.24	-16.27	4.82	3.93
Net Avail. For Common Margin %	-27.78	-13.24	-16.27	4.82	3.93
Normalized Net Income Margin	-4.81	-9.78	-6.72	8.36	6.04
Levered Free Cash Flow Margin