Black Intangible Assets vs Long Term Debt Analysis
BKH Stock | USD 63.29 0.86 1.38% |
Black Hills financial indicator trend analysis is way more than just evaluating Black Hills prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Hills is a good investment. Please check the relationship between Black Hills Intangible Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.
Intangible Assets vs Long Term Debt
Intangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Hills Intangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Black Hills' Intangible Assets and Long Term Debt is -0.4. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Black Hills, assuming nothing else is changed. The correlation between historical values of Black Hills' Intangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Black Hills are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., Black Hills' Intangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Long Term Debt
Long-term debt is a debt that Black Hills has held for over one year. Long-term debt appears on Black Hills balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Black Hills balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Black Hills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Hills current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.The Black Hills' current Enterprise Value is estimated to increase to about 3.7 B, while Selling General Administrative is projected to decrease to under 73.7 M.
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 645.6M | 706.6M | 725.1M | 761.4M | EBIT | 409.7M | 455.7M | 468.3M | 491.7M |
Black Hills fundamental ratios Correlations
Click cells to compare fundamentals
Black Hills Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Hills fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 60.8M | 62.4M | 63.3M | 65.0M | 67.1M | 38.9M | |
Total Assets | 7.6B | 8.1B | 9.1B | 9.6B | 9.6B | 10.1B | |
Short Long Term Debt Total | 3.5B | 3.8B | 4.5B | 4.7B | 4.4B | 4.6B | |
Other Current Liab | 207.8M | 223.6M | 212.9M | 243.6M | 346M | 363.3M | |
Total Current Liabilities | 811.3M | 696.5M | 901.7M | 1.7B | 1.2B | 637.8M | |
Total Stockholder Equity | 2.4B | 2.6B | 2.8B | 3.0B | 3.2B | 3.4B | |
Property Plant And Equipment Net | 5.5B | 6.0B | 6.4B | 6.8B | 7.1B | 7.5B | |
Current Deferred Revenue | 54.7M | 52.2M | 48.8M | 47.7M | 76M | 66.0M | |
Net Debt | 3.5B | 3.8B | 4.5B | 4.6B | 4.3B | 4.5B | |
Retained Earnings | 778.8M | 870.7M | 962.5M | 1.1B | 1.2B | 1.2B | |
Accounts Payable | 193.5M | 183.3M | 217.8M | 310.0M | 186.4M | 177.8M | |
Cash | 9.8M | 6.4M | 8.9M | 21.4M | 93M | 60.0M | |
Non Current Assets Total | 7.1B | 7.6B | 8.3B | 8.5B | 8.8B | 9.2B | |
Non Currrent Assets Other | 19.4M | 264.4M | 564.4M | (69.9M) | 366.6M | 384.9M | |
Cash And Short Term Investments | 9.8M | 6.4M | 8.9M | 21.4M | 93M | 63.5M | |
Net Receivables | 272.3M | 285.4M | 339.7M | 508.2M | 368.8M | 245.4M | |
Common Stock Total Equity | 61.5M | 62.8M | 64.8M | 66.1M | 76.1M | 42.6M | |
Liabilities And Stockholders Equity | 7.6B | 8.1B | 9.1B | 9.6B | 9.6B | 10.1B | |
Non Current Liabilities Total | 4.3B | 4.7B | 5.3B | 4.9B | 5.1B | 5.4B | |
Inventory | 117.2M | 117.4M | 151.0M | 207.4M | 160.9M | 92.8M | |
Other Current Assets | 69.8M | 84.1M | 308.6M | 329.1M | 203.9M | 214.1M | |
Other Stockholder Equity | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | 2.1B | |
Total Liab | 5.1B | 5.4B | 6.2B | 6.5B | 6.3B | 6.6B | |
Property Plant And Equipment Gross | 5.5B | 6.0B | 7.9B | 8.4B | 8.9B | 9.4B | |
Total Current Assets | 473.2M | 493.3M | 808.1M | 1.1B | 826.6M | 520.9M | |
Accumulated Other Comprehensive Income | (30.7M) | (27.3M) | (20.1M) | (15.6M) | (14.8M) | (15.5M) | |
Short Term Debt | 355.2M | 242.5M | 420.2M | 1.1B | 600M | 630M | |
Common Stock | 61.5M | 62.8M | 64.8M | 66.1M | 68.3M | 43.7M | |
Other Liab | 1.1B | 1.2B | 1.2B | 1.3B | 1.4B | 1.5B | |
Other Assets | 255.4M | 260.2M | 561.2M | 439.5M | 505.5M | 530.7M | |
Long Term Debt | 3.1B | 3.5B | 4.1B | 3.6B | 3.8B | 1.9B | |
Treasury Stock | (267K) | (2.1M) | (3.5M) | (2.4M) | (2.8M) | (2.9M) | |
Property Plant Equipment | 5.5B | 6.0B | 6.4B | 6.8B | 7.8B | 8.2B | |
Intangible Assets | 13.3M | 11.9M | 10.8M | 9.6M | 8.4M | 15.9M | |
Net Tangible Assets | 2.4B | 2.6B | 1.4B | 3.0B | 3.4B | 3.1B | |
Noncontrolling Interest In Consolidated Entity | 101.9M | 101.3M | 100.0M | 95.0M | 109.2M | 61.8M | |
Retained Earnings Total Equity | 778.8M | 870.7M | 962.5M | 1.1B | 1.2B | 713.2M |
Currently Active Assets on Macroaxis
When determining whether Black Hills offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Black Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Black Hills Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Black Hills Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Multi-Utilities space 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 (0.48) | Dividend Share 2.575 | Earnings Share 3.69 | Revenue Per Share 30.814 | Quarterly Revenue Growth (0.01) |
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.