Black Hills Balance Sheet Health
Financial Health criteria checks 2/6
Black Hills has a total shareholder equity of $3.5B and total debt of $4.3B, which brings its debt-to-equity ratio to 120.8%. Its total assets and total liabilities are $9.7B and $6.2B respectively. Black Hills's EBIT is $471.9M making its interest coverage ratio 2.8. It has cash and short-term investments of $12.5M.
Key information
120.8%
Debt to equity ratio
US$4.27b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$12.50m |
| Equity | US$3.53b |
| Total liabilities | US$6.19b |
| Total assets | US$9.72b |
Recent financial health updates
Does Black Hills (NYSE:BKH) Have A Healthy Balance Sheet?
Nov 04
These 4 Measures Indicate That Black Hills (NYSE:BKH) Is Using Debt Extensively
Jul 28Here's Why Black Hills (NYSE:BKH) Is Weighed Down By Its Debt Load
Mar 17Black Hills (NYSE:BKH) Use Of Debt Could Be Considered Risky
Oct 21Black Hills (NYSE:BKH) Use Of Debt Could Be Considered Risky
Jul 21Black Hills (NYSE:BKH) Has A Somewhat Strained Balance Sheet
Feb 26Recent updates
Black Hills Is Still A Buyable Dividend King Now
Nov 21We Think That There Are Some Issues For Black Hills (NYSE:BKH) Beyond Its Promising Earnings
Nov 15Why I Am Reducing Black Hills Stock From Buy To Hold
Nov 13Does Black Hills (NYSE:BKH) Have A Healthy Balance Sheet?
Nov 04Returns At Black Hills (NYSE:BKH) Appear To Be Weighed Down
Oct 20Black Hills: It's Not Too Late To Buy This Dividend King Now
Sep 18Here's Why We Think Black Hills (NYSE:BKH) Is Well Worth Watching
Aug 29These 4 Measures Indicate That Black Hills (NYSE:BKH) Is Using Debt Extensively
Jul 28Black Hills Corporation: The Time To Buy This Dividend King Is Now
Jul 11An Intrinsic Calculation For Black Hills Corporation (NYSE:BKH) Suggests It's 28% Undervalued
Jun 25Black Hills Corporation Continues As Solid Investment
Jun 07Black Hills (NYSE:BKH) Has More To Do To Multiply In Value Going Forward
May 23Shareholders Will Probably Hold Off On Increasing Black Hills Corporation's (NYSE:BKH) CEO Compensation For The Time Being
Apr 18Investors Aren't Buying Black Hills Corporation's (NYSE:BKH) Earnings
Apr 14Black Hills Corporation: Dividend King To Benefit From Population Growth
Apr 13Here's Why Black Hills (NYSE:BKH) Is Weighed Down By Its Debt Load
Mar 17Earnings Update: Black Hills Corporation (NYSE:BKH) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Feb 10Black Hills (NYSE:BKH) Is Increasing Its Dividend To $0.65
Feb 01Black Hills: Dividend Aristocrat Value You Shouldn't Overlook
Jan 31Returns At Black Hills (NYSE:BKH) Appear To Be Weighed Down
Jan 16Earnings Working Against Black Hills Corporation's (NYSE:BKH) Share Price
Jan 03Black Hills Corporation: Undervalued Share And Rising Dividend, But Slower Growth Ahead
Dec 19Calculating The Fair Value Of Black Hills Corporation (NYSE:BKH)
Dec 15Black Hills Corporation Still In The Black
Nov 08Black Hills' (NYSE:BKH) Dividend Will Be $0.625
Oct 27Black Hills (NYSE:BKH) Use Of Debt Could Be Considered Risky
Oct 21Black Hills: Dividend King At 52-Week Low, A Gift For Income Investors
Oct 01Returns On Capital At Black Hills (NYSE:BKH) Paint A Concerning Picture
Sep 22A Look At The Fair Value Of Black Hills Corporation (NYSE:BKH)
Sep 05Why I Believe Black Hills Corporation Is A Buy Now
Jul 25Black Hills (NYSE:BKH) Use Of Debt Could Be Considered Risky
Jul 21Investors Could Be Concerned With Black Hills' (NYSE:BKH) Returns On Capital
Jun 23Black Hills Stock: Good Company For Stability, But Overpriced
Jun 20Estimating The Fair Value Of Black Hills Corporation (NYSE:BKH)
May 23Black Hills (NYSE:BKH) Is Increasing Its Dividend To $0.625
Apr 28Here's What To Make Of Black Hills' (NYSE:BKH) Decelerating Rates Of Return
Mar 13Black Hills (NYSE:BKH) Has A Somewhat Strained Balance Sheet
Feb 26Black Hills (NYSE:BKH) Will Pay A Larger Dividend Than Last Year At $0.625
Feb 08Black Hills Q4 results beat estimates, co revises 2023 EPS guidance
Feb 07Are Black Hills Corporation (NYSE:BKH) Investors Paying Above The Intrinsic Value?
Feb 01Black Hills: Buy This Steady Eddy Dividend King
Jan 23Does Black Hills (NYSE:BKH) Have A Healthy Balance Sheet?
Nov 24Black Hills' (NYSE:BKH) Dividend Will Be Increased To $0.625
Nov 03Black Hills GAAP EPS of $0.54 misses by $0.03, revenue of $462.6M beats by $69.36M
Nov 02Financial Position Analysis
Short Term Liabilities: BKH's short term assets ($599.5M) exceed its short term liabilities ($536.2M).
Long Term Liabilities: BKH's short term assets ($599.5M) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: BKH's net debt to equity ratio (120.4%) is considered high.
Reducing Debt: BKH's debt to equity ratio has reduced from 137.7% to 120.8% over the past 5 years.
Debt Coverage: BKH's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: BKH's interest payments on its debt are not well covered by EBIT (2.8x coverage).