Black Sale Purchase Of Stock vs Capital Expenditures Analysis
BKH Stock | USD 58.44 0.47 0.81% |
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 Sale Purchase Of Stock and its Capital Expenditures 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.
Sale Purchase Of Stock vs Capital Expenditures
Sale Purchase Of Stock vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Hills Sale Purchase Of Stock account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.
The correlation between Black Hills' Sale Purchase Of Stock and Capital Expenditures is 0.32. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Capital Expenditures 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' Sale Purchase Of Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Black Hills are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Sale Purchase Of Stock i.e., Black Hills' Sale Purchase Of Stock and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Sale Purchase Of Stock
Capital Expenditures
Capital Expenditures are funds used by Black Hills to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Black Hills operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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 | 735.5M | 772.3M | EBIT | 409.7M | 455.7M | 478.7M | 502.6M |
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 | 86.6M | 59.8M | |
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 | 86.6M | 63.2M | |
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 | 210.3M | 220.8M | |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.