This company has been acquired
Black Knight Balance Sheet Health
Financial Health criteria checks 2/6
Black Knight has a total shareholder equity of $2.8B and total debt of $2.4B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are $5.8B and $2.9B respectively. Black Knight's EBIT is $301.1M making its interest coverage ratio 2.5. It has cash and short-term investments of $15.9M.
Key information
86.5%
Debt to equity ratio
US$2.45b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$15.90m |
| Equity | US$2.83b |
| Total liabilities | US$2.94b |
| Total assets | US$5.77b |
Recent financial health updates
We Think Black Knight (NYSE:BKI) Can Stay On Top Of Its Debt
Jun 30
Black Knight (NYSE:BKI) Seems To Use Debt Quite Sensibly
Mar 31These 4 Measures Indicate That Black Knight (NYSE:BKI) Is Using Debt Reasonably Well
Dec 26Black Knight (NYSE:BKI) Seems To Use Debt Quite Sensibly
Sep 26Black Knight (NYSE:BKI) Has A Pretty Healthy Balance Sheet
Jun 28Recent updates
Black Knight: FTC Drops Lawsuit, A 30% Return Arbitrage Investment
Aug 18We Think Black Knight (NYSE:BKI) Can Stay On Top Of Its Debt
Jun 30An Update On How To Profit From The Black Knight-Intercontinental Exchange Merger With A Simple Arbitrage Strategy
May 30Estimating The Fair Value Of Black Knight, Inc. (NYSE:BKI)
May 18Black Knight (NYSE:BKI) Seems To Use Debt Quite Sensibly
Mar 31Black Knight: Why The Market Isn't More Excited About Divestiture News
Feb 10Black Knight gains amid report about potential divestures in ICE sale
Jan 20Black Knight: Merger Or No Merger, Buy
Oct 29Black Knight: Merger Arbitrage With An Asymmetric Risk/Reward
Aug 02Merger Arbitrage Mondays: Black Knight To Be Acquired By Intercontinental
May 09Black Knight: Wide-Moat Software And Data Specialist On Sale
Feb 14Black Knight, Inc.'s (NYSE:BKI) Intrinsic Value Is Potentially 36% Above Its Share Price
Jan 31These 4 Measures Indicate That Black Knight (NYSE:BKI) Is Using Debt Reasonably Well
Dec 26Black Knight: Examining Recent Insider Buying
Oct 27Is There An Opportunity With Black Knight, Inc.'s (NYSE:BKI) 23% Undervaluation?
Oct 19Black Knight (NYSE:BKI) Seems To Use Debt Quite Sensibly
Sep 26Calculating The Intrinsic Value Of Black Knight, Inc. (NYSE:BKI)
Jul 15Black Knight (NYSE:BKI) Has A Pretty Healthy Balance Sheet
Jun 28Financial Position Analysis
Short Term Liabilities: BKI's short term assets ($369.0M) exceed its short term liabilities ($257.3M).
Long Term Liabilities: BKI's short term assets ($369.0M) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: BKI's net debt to equity ratio (86%) is considered high.
Reducing Debt: BKI's debt to equity ratio has reduced from 87.1% to 86.5% over the past 5 years.
Debt Coverage: BKI's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: BKI's interest payments on its debt are not well covered by EBIT (2.5x coverage).