Black Hills Balance Sheet Health
Financial Health criteria checks 2/6
Black Hills has a total shareholder equity of $3.4B and total debt of $4.8B, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are $10.2B and $6.7B respectively. Black Hills's EBIT is $493.9M making its interest coverage ratio 3. It has cash and short-term investments of $624.8M.
Key information
140.8%
Debt to equity ratio
US$4.85b
Debt
| Interest coverage ratio | 3x |
| Cash | US$624.80m |
| Equity | US$3.44b |
| Total liabilities | US$6.74b |
| Total assets | US$10.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BKH *'s short term assets ($1.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: BKH *'s short term assets ($1.2B) do not cover its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: BKH *'s net debt to equity ratio (122.6%) is considered high.
Reducing Debt: BKH *'s debt to equity ratio has increased from 130.5% to 140.8% over the past 5 years.
Debt Coverage: BKH *'s debt is not well covered by operating cash flow (16.6%).
Interest Coverage: BKH *'s interest payments on its debt are well covered by EBIT (3x coverage).