Black Hills Balance Sheet Health
Financial Health criteria checks 2/6
Black Hills has a total shareholder equity of $3.3B and total debt of $4.4B, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are $9.6B and $6.3B respectively. Black Hills's EBIT is $468.3M making its interest coverage ratio 2.9. It has cash and short-term investments of $86.6M.
Key information
133.1%
Debt to equity ratio
US$4.40b
Debt
Interest coverage ratio | 2.9x |
Cash | US$86.60m |
Equity | US$3.31b |
Total liabilities | US$6.31b |
Total assets | US$9.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHI's short term assets ($826.6M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: BHI's short term assets ($826.6M) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: BHI's net debt to equity ratio (130.5%) is considered high.
Reducing Debt: BHI's debt to equity ratio has reduced from 137.4% to 133.1% over the past 5 years.
Debt Coverage: BHI's debt is well covered by operating cash flow (21.5%).
Interest Coverage: BHI's interest payments on its debt are not well covered by EBIT (2.9x coverage).