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
Here's Why Black Hills (NYSE:BKH) Is Weighed Down By Its Debt Load
Mar 17
Black 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 26Does Black Hills (NYSE:BKH) Have A Healthy Balance Sheet?
Nov 24Black Hills (NYSE:BKH) Has A Somewhat Strained Balance Sheet
Jul 20Recent updates
Shareholders 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 02Black Hills: Shares Fairly Valued, But In A Bearish Downtrend Ahead Of Earnings
Oct 25Black Hills (NYSE:BKH) Has More To Do To Multiply In Value Going Forward
Aug 22If EPS Growth Is Important To You, Black Hills (NYSE:BKH) Presents An Opportunity
Aug 07Black Hills: Why This Dividend King Is Currently A Buy
Aug 05Black Hills declares $0.595 dividend
Jul 25Black Hills (NYSE:BKH) Has A Somewhat Strained Balance Sheet
Jul 20Returns On Capital At Black Hills (NYSE:BKH) Have Stalled
May 24Black Hills Offers Stability In These Turbulent Times
May 10Estimating The Intrinsic Value Of Black Hills Corporation (NYSE:BKH)
May 09Investors Met With Slowing Returns on Capital At Black Hills (NYSE:BKH)
Feb 18Selling Black Hills Before Earnings
Feb 09Financial Position Analysis
Short Term Liabilities: BKH's short term assets ($826.6M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: BKH's short term assets ($826.6M) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: BKH's net debt to equity ratio (130.5%) is considered high.
Reducing Debt: BKH's debt to equity ratio has reduced from 137.4% to 133.1% over the past 5 years.
Debt Coverage: BKH's debt is well covered by operating cash flow (21.5%).
Interest Coverage: BKH's interest payments on its debt are not well covered by EBIT (2.9x coverage).