Hudbay Minerals Inc. (HBM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.56B | 1.16B | 994.3M | 1.04B | 1.05B | 1.05B | 940.03M | 913.8M | 700.48M | 669.8M | 628.22M | 539.07M | 572.54M | 524.18M | 515.69M | 620.73M | 620.23M | 656.73M | 583.62M | 656.08M |
| Cash & Short-Term Investments | 1.01B | 568.06M | 611.1M | 625.5M | 582.6M | 581.8M | 483.27M | 526.48M | 285.01M | 251.19M | 254.29M | 187.2M | 255.73M | 225.66M | 284.47M | 259.41M | 213.36M | 270.99M | 297.45M | 294.29M |
| Cash Only | 1.01B | 568.06M | 611.1M | 625.5M | 562.6M | 541.8M | 443.27M | 486.49M | 284.38M | 250.47M | 253.03M | 187.2M | 255.73M | 225.66M | 284.47M | 259.41M | 213.36M | 270.99M | 297.45M | 294.29M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 20M | 40M | 40M | 39.99M | 622K | 718.31K | 1.27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 336M | 378.31M | 161.7M | 238M | 270.9M | 236.6M | 247.56M | 183.54M | 198.31M | 204.68M | 121.02M | 101.75M | 108.37M | 122.33M | 69.56M | 103.31M | 185.23M | 204.08M | 125.61M | 177.78M |
| Days Sales Outstanding | 42.45 | 33.89 | 53.02 | 43.17 | 38.39 | 38.08 | 40.82 | 40.83 | 34.93 | 24.88 | 21.33 | 30.63 | 35.17 | 27.48 | 22.97 | 31.6 | 46.27 | 35.67 | 38.88 | 38.85 |
| Inventory | 176.38M | 198.84M | 211.7M | 164.2M | 181.6M | 197.4M | 196.64M | 185.84M | 201.97M | 206.27M | 236.77M | 220.1M | 187.56M | 155.01M | 133.11M | 192.98M | 199.24M | 158.45M | 133.26M | 154.75M |
| Days Inventory Outstanding | 43.37 | 40.81 | 61.43 | 43.72 | 46.91 | 45.26 | 50.85 | 50.72 | 49.8 | 50.27 | 56.18 | 64.12 | 67.4 | 52.69 | 47.81 | 54.75 | 54.87 | 39.07 | 29.81 | 47.63 |
| Other Current Assets | 37.22M | 15.77M | 9.8M | 11.6M | 17.4M | 32.7M | 12.55M | 17.94M | 15.19M | 7.67M | 16.14M | 30.03M | 20.87M | 21.17M | 28.56M | 65.04M | 6.64M | 7.87M | 19.39M | 18.5M |
| Total Non-Current Assets | 5.36B | 5.05B | 4.92B | 4.59B | 4.45B | 4.44B | 4.57B | 4.53B | 4.53B | 4.62B | 4.6B | 4.69B | 3.8B | 3.8B | 3.74B | 3.77B | 3.92B | 3.96B | 3.92B | 3.93B |
| Property, Plant & Equipment | 4.77B | 4.69B | 4.63B | 4.32B | 4.19B | 4.18B | 4.27B | 4.23B | 4.23B | 4.29B | 4.3B | 4.38B | 3.55B | 3.55B | 3.52B | 3.59B | 3.71B | 3.74B | 3.72B | 3.74B |
| Fixed Asset Turnover | 0.16x | 0.16x | 0.08x | 0.13x | 0.14x | 0.14x | 0.11x | 0.10x | 0.12x | 0.14x | 0.11x | 0.08x | 0.08x | 0.09x | 0.10x | 0.11x | 0.10x | 0.11x | 0.10x | 0.11x |
| Goodwill | 71.63M | 72.47M | 71.5M | 73M | 69.3M | 69.2M | 73.76M | 72.74M | 73.48M | 74.9M | 64.87M | 66.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7.52M | 7.09M | 7M | 7.3M | 43.1M | 5.5M | 47.22M | 3.54M | 50.78M | 4M | 4.06M | 4.17M | 4.6M | 4.77M | 5.26M | 5.59M | 5.76M | 5.9M | 5.57M | 5.75M |
| Long-Term Investments | 388.57M | 130.66M | 55.3M | 39.3M | 34.1M | 12.1M | 10.06M | 5.97M | 6.85M | 7.05M | 20.78M | 23.92M | 23.07M | 9.8M | 10.56M | 9.4M | 13.21M | 11.16M | 10.96M | 11.12M |
| Other Non-Current Assets | 90.1M | 89.04M | 75.6M | 75.8M | 32.2M | 68.3M | 28.48M | 77.89M | 28.33M | 84.6M | 67.32M | 83.68M | 84.75M | 109.13M | 102.49M | 57.06M | 54.28M | 67.9M | 63.19M | 57.05M |
| Total Assets | 6.92B | 6.21B | 5.92B | 5.63B | 5.51B | 5.49B | 5.51B | 5.44B | 5.23B | 5.29B | 5.23B | 5.23B | 4.37B | 4.33B | 4.26B | 4.39B | 4.54B | 4.62B | 4.5B | 4.59B |
| Asset Turnover | 0.12x | 0.12x | 0.06x | 0.10x | 0.11x | 0.11x | 0.09x | 0.08x | 0.10x | 0.11x | 0.09x | 0.07x | 0.07x | 0.07x | 0.08x | 0.09x | 0.08x | 0.09x | 0.08x | 0.09x |
| Asset Growth % | 25.65% | 13.2% | 7.42% | 3.44% | 5.27% | 3.82% | 5.41% | 3.99% | 19.68% | 22.18% | 22.74% | 19.21% | -3.69% | -6.29% | -5.49% | -4.32% | -0.24% | -1.08% | -1.87% | 1.98% |
| Total Current Liabilities | 1.15B | 1.23B | 1.03B | 1.01B | 454.5M | 537.2M | 505.68M | 490.07M | 499.63M | 534.59M | 500.38M | 600.32M | 471.48M | 447.65M | 416.59M | 440.07M | 458.39M | 509.22M | 423.7M | 436.28M |
| Accounts Payable | 349.14M | 342.18M | 263.3M | 259.9M | 248.6M | 66.7M | 260.36M | 226M | 238.98M | 237.93M | 232.45M | 227.58M | 201.18M | 83.82M | 209.98M | 214.6M | 185.08M | 84.28M | 177.26M | 210.49M |
| Days Payables Outstanding | 79.91 | 60.18 | 85.5 | 64.29 | 39.02 | 37.57 | 64.66 | 60.81 | 58.17 | 53.37 | 56.57 | 67.44 | 56.08 | 53.73 | 62.25 | 55.79 | 41.32 | 35.03 | 40.14 | 55.91 |
| Short-Term Debt | 502.85M | 497.89M | 511M | 523.8M | 17.8M | 0 | 0 | 29.62M | 0 | 28.75M | 42.69M | 175.59M | 57.66M | 0 | 20.52M | 25.09M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 52.01M | 58.9M | 58M | 57.3M | 63.1M | 72.1M | 81.39M | 72.69M | 87.84M | 79.89M | 88.31M | 80.7M | 79.74M | 70.29M | 68.05M | 73.57M | 96.95M | 83.63M | 82.88M |
| Other Current Liabilities | 195.94M | 212.71M | 132.9M | 97.5M | 60.6M | 72.7M | 89.31M | 97.77M | 116.1M | 172.98M | 137.9M | 101.28M | 124.37M | 136.23M | 105.21M | 120.52M | 161.84M | 155.72M | 121.81M | 112.68M |
| Current Ratio | 1.36x | 0.95x | 0.97x | 1.03x | 2.32x | 1.95x | 1.86x | 1.86x | 1.40x | 1.25x | 1.26x | 0.90x | 1.21x | 1.17x | 1.24x | 1.41x | 1.35x | 1.29x | 1.38x | 1.50x |
| Quick Ratio | 1.20x | 0.78x | 0.76x | 0.86x | 1.92x | 1.58x | 1.47x | 1.49x | 1.00x | 0.87x | 0.78x | 0.53x | 0.82x | 0.82x | 0.92x | 0.97x | 0.92x | 0.98x | 1.06x | 1.15x |
| Cash Conversion Cycle | 5.91 | 14.52 | 28.95 | 22.6 | 46.27 | 45.77 | 27.01 | 30.74 | 26.55 | 21.78 | 20.94 | 27.31 | 46.5 | 26.44 | 8.53 | 30.56 | 59.82 | 39.71 | 28.55 | 30.57 |
| Total Non-Current Liabilities | 1.76B | 1.76B | 1.81B | 1.75B | 2.31B | 2.3B | 2.36B | 2.37B | 2.52B | 2.56B | 2.59B | 2.53B | 2.32B | 2.31B | 2.28B | 2.35B | 2.52B | 2.63B | 2.59B | 2.49B |
| Long-Term Debt | 538.67M | 564.77M | 536M | 535.8M | 1.11B | 1.11B | 1.11B | 1.16B | 1.28B | 1.28B | 1.36B | 1.22B | 1.19B | 1.18B | 1.17B | 1.18B | 1.18B | 1.18B | 1.18B | 1.18B |
| Capital Lease Obligations | 27.09M | 29.25M | 31.3M | 41.5M | 41.8M | 44.3M | 41.69M | 56.48M | 60.24M | 61.12M | 73.39M | 69.21M | 39.07M | 44.86M | 44.8M | 46.08M | 47.51M | 44.47M | 35.67M | 37.62M |
| Deferred Tax Liabilities | 356.37M | 374.62M | 401.8M | 339.6M | 342M | 340.4M | 382.13M | 376.07M | 388.83M | 405.07M | 398.55M | 399.91M | 258.17M | 251.29M | 232.42M | 228.2M | 275.1M | 261.76M | 247.42M | 245.5M |
| Other Non-Current Liabilities | 570.37M | 527.24M | 561.2M | 556.8M | 523.7M | 501.7M | 510.48M | 467.26M | 463.83M | 479.03M | 396.38M | 475.22M | 460.99M | 421.29M | 426.59M | 472.99M | 595.19M | 717.31M | 682.81M | 568.71M |
| Total Liabilities | 2.91B | 2.99B | 2.84B | 2.77B | 2.76B | 2.84B | 2.87B | 2.86B | 3.02B | 3.09B | 3.09B | 3.13B | 2.8B | 2.75B | 2.7B | 2.79B | 2.98B | 3.14B | 3.01B | 2.93B |
| Total Debt | 1.07B | 1.09B | 1.11B | 1.14B | 1.2B | 1.18B | 1.18B | 1.24B | 1.37B | 1.37B | 1.48B | 1.47B | 1.28B | 1.25B | 1.24B | 1.26B | 1.26B | 1.26B | 1.25B | 1.25B |
| Net Debt | 61.3M | 523.84M | 497.1M | 511.2M | 639.4M | 640.5M | 733.95M | 755.03M | 1.09B | 1.12B | 1.22B | 1.28B | 1.03B | 1.02B | 955.68M | 995.8M | 1.04B | 987.29M | 953.44M | 954.75M |
| Debt / Equity | 0.27x | 0.34x | 0.36x | 0.40x | 0.44x | 0.45x | 0.45x | 0.48x | 0.62x | 0.62x | 0.69x | 0.70x | 0.81x | 0.79x | 0.80x | 0.78x | 0.81x | 0.85x | 0.84x | 0.75x |
| Debt / EBITDA | 2.65x | 2.95x | 11.87x | 4.57x | 4.13x | 4.35x | 5.78x | 8.70x | 6.19x | 5.44x | 6.44x | 16.54x | 10.67x | 12.19x | 11.23x | 9.40x | 6.07x | 9.76x | - | 7.89x |
| Net Debt / EBITDA | 0.15x | 1.42x | 5.32x | 2.06x | 2.20x | 2.35x | 3.60x | 5.29x | 4.90x | 4.44x | 5.34x | 14.43x | 8.55x | 9.98x | 8.65x | 7.45x | 5.04x | 7.66x | - | 6.03x |
| Interest Coverage | 20.06x | 15.96x | 19.60x | 9.22x | 9.95x | 7.01x | 5.11x | 1.02x | 4.04x | 3.29x | 4.41x | -0.66x | 1.84x | 0.14x | 0.94x | 2.07x | 5.43x | 0.74x | -6.04x | 1.72x |
| Total Equity | 4.01B | 3.23B | 3.08B | 2.86B | 2.75B | 2.65B | 2.64B | 2.58B | 2.21B | 2.2B | 2.14B | 2.11B | 1.58B | 1.57B | 1.56B | 1.6B | 1.56B | 1.48B | 1.49B | 1.66B |
| Equity Growth % | 45.99% | 21.82% | 16.73% | 10.9% | 24.21% | 20.58% | 23.35% | 22.64% | 40.33% | 39.68% | 37.17% | 31.28% | 0.87% | 6.43% | 4.67% | -3.33% | -5.92% | -13.12% | -11.53% | -2.78% |
| Book Value per Share | 10.05 | 8.06 | 7.76 | 7.23 | 6.94 | 6.72 | 6.69 | 7.01 | 6.30 | 6.29 | 6.17 | 7.73 | 6.01 | 6.00 | 5.96 | 6.12 | 5.96 | 5.65 | 5.70 | 6.35 |
| Total Shareholders' Equity | 3.55B | 3.23B | 3.08B | 2.86B | 2.65B | 2.55B | 2.54B | 2.48B | 2.11B | 2.09B | 2.03B | 2B | 1.58B | 1.57B | 1.56B | 1.6B | 1.56B | 1.48B | 1.49B | 1.66B |
| Common Stock | 2.68B | 2.66B | 2.66B | 2.65B | 2.64B | 2.64B | 2.63B | 2.63B | 2.24B | 2.23B | 2.22B | 2.21B | 1.78B | 1.78B | 1.77B | 1.78B | 1.78B | 1.78B | 1.78B | 1.78B |
| Retained Earnings | 650.13M | 459.66M | 332.5M | 112.9M | -4.8M | -102.4M | -123.55M | -170.39M | -153.83M | -172.71M | -203.34M | -246.46M | -232.11M | -235.5M | -216.51M | -208.29M | -240.1M | -301.84M | -291.38M | -118.92M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 214.9M | 102.11M | 90.2M | 98.1M | 16.1M | 14.3M | 31.29M | 23.04M | 19.52M | 30.02M | 18.94M | 31.36M | 25.6M | 26.54M | 8.64M | 28.93M | 21.89M | -182K | 3.07M | -633K |
| Minority Interest | 464.22M | 0 | 0 | 0 | 93.1M | 94.2M | 101.05M | 99.64M | 103.5M | 109.47M | 104.55M | 106.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |