Black Hills (BKH) Debt Metrics
Market Cap: $4.41B
Avg Volume: 489.52K
Industry: Diversified Utilities
Sector: Utilities
How much debt does Black Hills have?
According to Black Hills's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Black Hills's total debt stands at $133.80M. This is broken down into:
- Long-term debt: $-
- Short-term debt: $133.80M
The company's net debt, which accounts for cash and cash equivalents, is $133.80M. In terms of overall financial obligations, Black Hills's total liabilities amount to $6.44B.
Debt Ratios and Metrics
To better understand Black Hills's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.04 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 1.33% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.58 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 3.68% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Black Hills's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$133.80M
Long-term Debt
$-
Short-term Debt
$133.80M
Net Debt
$133.80M
Total Liabilities
$6.44B
Interest Coverage
2.58
Debt to Equity Ratio
0.04
Debt Ratio
1.33%
Black Hills Historical Debt Metrics
Black Hills Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $133.80M | $- | $133.80M | $133.80M | $6.44B | 0.04 | 1.33% | 2.58 | 0.00% | 3.68% |
| 2023 | $4.40B | $3.80B | $600.00M | $4.31B | $6.31B | 1.37 | 45.75% | 2.63 | 54.18% | 57.79% |
| 2022 | $4.67B | $3.61B | $1.06B | $4.65B | $6.53B | 1.56 | 48.53% | 1.28 | 54.64% | 60.92% |
| 2021 | $4.55B | $4.13B | $420.18M | $4.54B | $6.24B | 1.63 | 49.79% | 1.15 | 59.69% | 62.00% |
| 2020 | $3.77B | $3.53B | $242.48M | $3.76B | $5.43B | 1.47 | 46.61% | 2.98 | 57.94% | 59.55% |
| 2019 | $3.50B | $3.14B | $356.42M | $3.49B | $5.09B | 1.48 | 46.24% | 2.91 | 57.07% | 59.67% |
| 2018 | $3.14B | $2.95B | $191.36M | $3.12B | $4.68B | 1.44 | 45.12% | 2.80 | 57.49% | 59.02% |
| 2017 | $3.33B | $3.11B | $217.04M | $3.31B | $4.84B | 1.95 | 49.95% | -1.00 | 64.53% | 66.06% |
| 2016 | $3.31B | $3.21B | $102.34M | $3.30B | $4.79B | 2.05 | 50.86% | 1.64 | 66.54% | 67.24% |
| 2015 | $1.94B | $1.87B | $76.80M | $1.49B | $3.19B | 1.33 | 41.75% | 0.36 | 56.02% | 57.01% |
Related Metrics
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