Black Hills Stock Total Debt
| BKH Stock | USD 54.54 0.17 0.31% |
Black Hills fundamentals help investors to digest information that contributes to Black Hills' financial success or failures. It also enables traders to predict the movement of Black Stock. The fundamental analysis module provides a way to measure Black Hills' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Black Hills stock.
The current Total Debt To Capitalization is estimated to decrease to 0.44. Black | Total Debt |
Black Hills Company Total Debt Analysis
Black Hills' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Black Hills Total Debt | 4.4 B |
Most of Black Hills' fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Black Hills is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Black Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Black Hills is extremely important. It helps to project a fair market value of Black Stock properly, considering its historical fundamentals such as Total Debt. Since Black Hills' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Black Hills' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Black Hills' interrelated accounts and indicators.
Click cells to compare fundamentals
Black Total Debt Historical Pattern
Today, most investors in Black Hills Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Black Hills' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Black Hills total debt as a starting point in their analysis.
Black Hills Total Debt |
| Timeline |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Black Short Long Term Debt Total
Short Long Term Debt Total |
|
Based on the latest financial disclosure, Black Hills has a Total Debt of 4.4 B. This is 17.27% lower than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The total debt for all United States stocks is 17.23% higher than that of the company.
Black Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Black Hills' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Black Hills could also be used in its relative valuation, which is a method of valuing Black Hills by comparing valuation metrics of similar companies.Black Hills is currently under evaluation in total debt category among related companies.
Black Hills Institutional Holders
Institutional Holdings refers to the ownership stake in Black Hills that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Black Hills' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Black Hills' value.| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 942.8 K | Northern Trust Corp | 2023-12-31 | 926.2 K | Aqr Capital Management Llc | 2023-12-31 | 921.3 K | Massachusetts Financial Services Company | 2023-12-31 | 904.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 887.6 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 872.8 K | Amvescap Plc. | 2023-12-31 | 825.8 K | Charles Schwab Investment Management Inc | 2023-12-31 | 780.5 K | Millennium Management Llc | 2023-12-31 | 776.4 K | Blackrock Inc | 2023-12-31 | 10.1 M | Vanguard Group Inc | 2023-12-31 | 8.1 M |
Black Fundamentals
| Return On Equity | 0.0863 | ||||
| Return On Asset | 0.0304 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 8.11 B | ||||
| Shares Outstanding | 68.29 M | ||||
| Shares Owned By Insiders | 0.54 % | ||||
| Shares Owned By Institutions | 88.01 % | ||||
| Number Of Shares Shorted | 2.9 M | ||||
| Price To Earning | 19.38 X | ||||
| Price To Book | 1.11 X | ||||
| Price To Sales | 1.53 X | ||||
| Revenue | 2.33 B | ||||
| Gross Profit | 772.84 M | ||||
| EBITDA | 736.7 M | ||||
| Net Income | 262.2 M | ||||
| Cash And Equivalents | 21.43 M | ||||
| Cash Per Share | 0.16 X | ||||
| Total Debt | 4.4 B | ||||
| Debt To Equity | 1.50 % | ||||
| Current Ratio | 0.97 X | ||||
| Book Value Per Share | 47.15 X | ||||
| Cash Flow From Operations | 944.4 M | ||||
| Short Ratio | 4.84 X | ||||
| Earnings Per Share | 3.91 X | ||||
| Price To Earnings To Growth | 2.61 X | ||||
| Target Price | 59.4 | ||||
| Number Of Employees | 2.87 K | ||||
| Beta | 0.64 | ||||
| Market Capitalization | 3.71 B | ||||
| Total Asset | 9.62 B | ||||
| Retained Earnings | 1.16 B | ||||
| Working Capital | (358.5 M) | ||||
| Current Asset | 822.15 M | ||||
| Current Liabilities | 422.03 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.17 % | ||||
| Net Asset | 9.62 B | ||||
| Last Dividend Paid | 2.5 |
About Black Hills Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Black Hills's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Black Hills using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Black Hills based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Black Hills
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Black Hills position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Black Hills will appreciate offsetting losses from the drop in the long position's value.Moving together with Black Stock
| 0.88 | NI | NiSource Financial Report 1st of May 2024 | PairCorr |
| 0.79 | SR | Spire Inc Earnings Call This Week | PairCorr |
| 0.87 | ATO | Atmos Energy Financial Report 1st of May 2024 | PairCorr |
| 0.71 | CPK | Chesapeake Utilities Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Black Hills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Hills when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Black Hills - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Black Hills to buy it.
The correlation of Black Hills is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Black Hills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Hills moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Black Hills can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Black Hills Piotroski F Score and Black Hills Altman Z Score analysis. For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Black Stock analysis
When running Black Hills' price analysis, check to measure Black Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Stocks Directory Find actively traded stocks across global markets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Black Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.057 | Dividend Share 2.5 | Earnings Share 3.91 | Revenue Per Share 34.796 | Quarterly Revenue Growth (0.25) |
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.