Black Net Receivables vs Other Current Liab Analysis

BKH Stock  USD 64.31  1.02  1.61%   
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 Net Receivables and its Other Current Liab 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.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Hills Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Black Hills' Net Receivables and Other Current Liab is 0.58. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab 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' Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Black Hills are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Black Hills' Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Current Liab

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)
EBITDA645.6M706.6M725.1M761.4M
EBIT409.7M455.7M468.3M491.7M

Black Hills fundamental ratios Correlations

0.770.770.510.690.720.75-0.230.760.640.820.030.770.20.030.850.980.790.890.520.730.780.670.670.410.98
0.770.990.80.680.981.0-0.350.980.930.87-0.081.00.51-0.070.870.810.980.830.740.991.00.970.630.660.82
0.770.990.780.660.950.98-0.441.00.890.88-0.10.990.5-0.10.870.790.990.830.750.970.990.960.610.630.8
0.510.80.780.550.770.78-0.340.770.70.550.110.780.470.110.580.60.770.560.520.790.80.770.620.510.59
0.690.680.660.550.680.670.010.670.70.79-0.160.660.23-0.160.880.720.580.890.730.650.680.690.810.890.71
0.720.980.950.770.680.99-0.290.940.980.84-0.050.980.57-0.040.830.770.930.790.740.990.960.990.60.70.77
0.751.00.980.780.670.99-0.320.970.950.86-0.081.00.53-0.080.860.790.970.810.730.990.990.980.60.670.8
-0.23-0.35-0.44-0.340.01-0.29-0.32-0.43-0.15-0.3-0.14-0.36-0.17-0.14-0.25-0.17-0.42-0.18-0.26-0.39-0.36-0.31-0.080.0-0.18
0.760.981.00.770.670.940.97-0.430.880.88-0.180.990.51-0.180.880.780.980.830.730.960.990.950.580.640.79
0.640.930.890.70.70.980.95-0.150.880.79-0.080.930.61-0.080.80.710.860.760.760.950.90.970.590.760.7
0.820.870.880.550.790.840.86-0.30.880.79-0.170.870.28-0.170.960.810.850.940.720.840.880.820.680.690.85
0.03-0.08-0.10.11-0.16-0.05-0.08-0.14-0.18-0.08-0.17-0.11-0.231.0-0.180.04-0.06-0.080.08-0.04-0.08-0.070.34-0.180.03
0.771.00.990.780.660.981.0-0.360.990.930.87-0.110.51-0.110.860.80.980.820.710.990.990.970.580.640.81
0.20.510.50.470.230.570.53-0.170.510.610.28-0.230.51-0.230.280.270.470.250.470.560.470.590.210.30.25
0.03-0.07-0.10.11-0.16-0.04-0.08-0.14-0.18-0.08-0.171.0-0.11-0.23-0.180.04-0.06-0.080.08-0.04-0.08-0.060.34-0.170.03
0.850.870.870.580.880.830.86-0.250.880.80.96-0.180.860.28-0.180.860.830.980.760.830.880.840.730.760.87
0.980.810.790.60.720.770.79-0.170.780.710.810.040.80.270.040.860.810.90.540.770.810.730.710.460.99
0.790.980.990.770.580.930.97-0.420.980.860.85-0.060.980.47-0.060.830.810.80.670.960.990.930.570.520.83
0.890.830.830.560.890.790.81-0.180.830.760.94-0.080.820.25-0.080.980.90.80.770.790.840.790.810.720.9
0.520.740.750.520.730.740.73-0.260.730.760.720.080.710.470.080.760.540.670.770.720.730.810.780.790.54
0.730.990.970.790.650.990.99-0.390.960.950.84-0.040.990.56-0.040.830.770.960.790.720.970.980.580.660.78
0.781.00.990.80.680.960.99-0.360.990.90.88-0.080.990.47-0.080.880.810.990.840.730.970.960.640.640.83
0.670.970.960.770.690.990.98-0.310.950.970.82-0.070.970.59-0.060.840.730.930.790.810.980.960.620.740.72
0.670.630.610.620.810.60.6-0.080.580.590.680.340.580.210.340.730.710.570.810.780.580.640.620.660.71
0.410.660.630.510.890.70.670.00.640.760.69-0.180.640.3-0.170.760.460.520.720.790.660.640.740.660.45
0.980.820.80.590.710.770.8-0.180.790.70.850.030.810.250.030.870.990.830.90.540.780.830.720.710.45
Click cells to compare fundamentals

Black Hills Account Relationship Matchups

Black Hills fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding60.8M62.4M63.3M65.0M67.1M38.9M
Total Assets7.6B8.1B9.1B9.6B9.6B10.1B
Short Long Term Debt Total3.5B3.8B4.5B4.7B4.4B4.6B
Other Current Liab207.8M223.6M212.9M243.6M346M363.3M
Total Current Liabilities811.3M696.5M901.7M1.7B1.2B637.8M
Total Stockholder Equity2.4B2.6B2.8B3.0B3.2B3.4B
Property Plant And Equipment Net5.5B6.0B6.4B6.8B7.1B7.5B
Current Deferred Revenue54.7M52.2M48.8M47.7M76M66.0M
Net Debt3.5B3.8B4.5B4.6B4.3B4.5B
Retained Earnings778.8M870.7M962.5M1.1B1.2B1.2B
Accounts Payable193.5M183.3M217.8M310.0M186.4M177.8M
Cash9.8M6.4M8.9M21.4M93M60.0M
Non Current Assets Total7.1B7.6B8.3B8.5B8.8B9.2B
Non Currrent Assets Other19.4M264.4M564.4M(69.9M)366.6M384.9M
Cash And Short Term Investments9.8M6.4M8.9M21.4M93M63.5M
Net Receivables272.3M285.4M339.7M508.2M368.8M245.4M
Common Stock Total Equity61.5M62.8M64.8M66.1M76.1M42.6M
Liabilities And Stockholders Equity7.6B8.1B9.1B9.6B9.6B10.1B
Non Current Liabilities Total4.3B4.7B5.3B4.9B5.1B5.4B
Inventory117.2M117.4M151.0M207.4M160.9M92.8M
Other Current Assets69.8M84.1M308.6M329.1M203.9M214.1M
Other Stockholder Equity1.6B1.7B1.8B1.9B2.0B2.1B
Total Liab5.1B5.4B6.2B6.5B6.3B6.6B
Property Plant And Equipment Gross5.5B6.0B7.9B8.4B8.9B9.4B
Total Current Assets473.2M493.3M808.1M1.1B826.6M520.9M
Accumulated Other Comprehensive Income(30.7M)(27.3M)(20.1M)(15.6M)(14.8M)(15.5M)
Short Term Debt355.2M242.5M420.2M1.1B600M630M
Common Stock61.5M62.8M64.8M66.1M68.3M43.7M
Other Liab1.1B1.2B1.2B1.3B1.4B1.5B
Other Assets255.4M260.2M561.2M439.5M505.5M530.7M
Long Term Debt3.1B3.5B4.1B3.6B3.8B1.9B
Treasury Stock(267K)(2.1M)(3.5M)(2.4M)(2.8M)(2.9M)
Property Plant Equipment5.5B6.0B6.4B6.8B7.8B8.2B
Intangible Assets13.3M11.9M10.8M9.6M8.4M15.9M
Net Tangible Assets2.4B2.6B1.4B3.0B3.4B3.1B
Noncontrolling Interest In Consolidated Entity101.9M101.3M100.0M95.0M109.2M61.8M
Retained Earnings Total Equity778.8M870.7M962.5M1.1B1.2B713.2M

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.