Black Hills Corporation (BKH) quarterly balance sheet — complete assets, liabilities & equity history
Black Hills Corporation (BKH) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Assets | 11.14B | 11.04B | 10.82B | 10.87B | 10.33B | 10.09B | 10.06B | 10.02B | 9.72B | 10.19B | 9.68B | 9.62B | 9.93B | 9.41B | 9.46B | 9.62B | 9.32B | 9.13B | 9.13B | 9.13B |
| Asset Growth % | 7.89% | 9.38% | 7.54% | 8.45% | 6.28% | -0.93% | 3.97% | 4.18% | -2.16% | 8.26% | 2.29% | 0.02% | 6.55% | 3.01% | 3.61% | 5.33% | 4.62% | 4.54% | 5% | 12.9% |
| PP&E (Net) | 8.78B | 8.64B | 8.39B | 8.23B | 8.03B | 7.86B | 7.72B | 7.63B | 7.47B | 7.36B | 7.22B | 7.12B | 7.01B | 6.92B | 6.84B | 6.8B | 6.7B | 6.59B | 6.47B | 6.45B |
| PP&E / Total Assets % | 78.81% | 78.27% | 77.58% | 75.75% | 77.72% | 77.89% | 76.75% | 76.13% | 76.86% | 72.21% | 74.64% | 74% | 70.6% | 73.54% | 72.28% | 70.68% | 71.84% | 72.11% | 70.9% | 70.62% |
| Total Current Assets | 694.3M | 745.1M | 788.2M | 995.9M | 667.6M | 608.4M | 708.1M | 742.3M | 599.5M | 1.17B | 797.6M | 826.6M | 1.24B | 802.33M | 918.32M | 1.07B | 849.25M | 760.43M | 849.31M | 808.13M |
| Cash & Equivalents | 18.2M | 71.5M | 31.4M | 182.8M | 21.1M | 8.1M | 6.6M | 16.1M | 12.5M | 624.8M | 123M | 86.6M | 594.29M | 152.58M | 39.37M | 21.4M | 11.69M | 10.22M | 16.33M | 8.92M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 186.3M | 157.9M | 146.8M | 172.4M | 173M | 145.2M | 128.1M | 153.9M | 155.4M | 134.8M | 130.6M | 160.9M | 168.08M | 136.53M | 129.96M | 207.4M | 223.16M | 152.86M | 108.23M | 150.98M |
| Other Current Assets | 233M | -69.6M | 204M | 208.4M | 201.1M | 173.4M | 175.8M | 201.3M | 206.3M | 172.7M | 191.4M | 210.3M | 231.33M | 234.64M | 254.13M | 317.1M | 347.53M | 312.94M | 322.96M | 308.56M |
| Long-Term Investments | 0 | 0 | 0 | 2M | 5.2M | 300K | 100K | 2.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Intangible Assets | 5.4M | 5.6M | 5.8M | 6.4M | 6.7M | 7M | 7.3M | 7.6M | 7.9M | 8.1M | 8.4M | 8.4M | 8.71M | 9M | 9.3M | 9.6M | 9.88M | 10.18M | 10.47M | 10.77M |
| Other Assets | 362.3M | 348.3M | 332.7M | 331.8M | 322.3M | 316M | 324.2M | 341.1M | 342.2M | 349.2M | 348.1M | 366.6M | 372.14M | 378.82M | 395.67M | 439.4M | 466.39M | 477.35M | 498M | 564.36M |
| Total Liabilities | 7.11B | 7.01B | 6.79B | 6.96B | 6.48B | 6.37B | 6.34B | 6.44B | 6.19B | 6.74B | 6.25B | 6.31B | 6.67B | 6.21B | 6.27B | 6.53B | 6.34B | 6.15B | 6.16B | 6.24B |
| Total Debt | 4.87B | 4.49B | 4.65B | 4.7B | 4.38B | 4.38B | 4.31B | 4.38B | 4.27B | 4.85B | 4.4B | 4.4B | 4.92B | 4.48B | 4.48B | 4.67B | 4.63B | 4.46B | 4.47B | 4.55B |
| Net Debt | 4.85B | 4.42B | 4.62B | 4.52B | 4.36B | 4.37B | 4.3B | 4.37B | 4.25B | 4.22B | 4.28B | 4.31B | 4.33B | 4.33B | 4.44B | 4.65B | 4.62B | 4.45B | 4.45B | 4.54B |
| Long-Term Debt | 4B | 3.99B | 3.99B | 4.7B | 4.25B | 3.95B | 3.95B | 4.25B | 4.25B | 4.25B | 3.8B | 3.8B | 3.8B | 3.96B | 3.95B | 3.61B | 4.13B | 4.13B | 4.13B | 4.13B |
| Short-Term Borrowings | 870.3M | 500M | 662.2M | 0 | 126M | 423.7M | 359.9M | 133.8M | 17.5M | 600M | 600M | 600M | 1.13B | 525M | 525M | 1.06B | 501.35M | 335.05M | 341.48M | 420.18M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 1.47B | 1.43B | 1.22B | 740M | 734.6M | 953.9M | 928.9M | 763.4M | 536.2M | 1.11B | 1.09B | 1.19B | 1.6B | 977.86M | 1.04B | 1.67B | 969.6M | 785.18M | 794.72M | 901.71M |
| Accounts Payable | 198.4M | 275.2M | 210.8M | 311.7M | 219.1M | 180.8M | 216.8M | 229.1M | 136.3M | 155.2M | 132.6M | 186.4M | 124.03M | 133.3M | 173.22M | 310M | 187.05M | 185.74M | 173.1M | 217.76M |
| Accrued Expenses | 305.3M | 165.8M | 60.3M | 116M | 92M | 90.1M | 96.6M | 106.4M | 106M | 93M | 95.6M | 89.8M | 88.43M | 72.2M | 83.49M | 80.5M | 95.21M | 75.81M | 83.25M | 70.68M |
| Deferred Revenue | 0 | 345.7M | 0 | 59M | 62.6M | 44.7M | 41M | 55.6M | 59.2M | 54.7M | 60.3M | 76M | 57.1M | 42.73M | 42.12M | 47.7M | 44.25M | 43.15M | 39.54M | 48.81M |
| Other Current Liabilities | 100.8M | 138.5M | 287.6M | 198.5M | 181.2M | 171.4M | 157.6M | 183.8M | 169.5M | 160.2M | 144.1M | 180.2M | 161.8M | 164.33M | 160.38M | 115.5M | 95.22M | 102.49M | 103.97M | 93.4M |
| Deferred Taxes | 751.9M | 742.4M | 736.6M | 697.9M | 679.6M | 674M | 666.5M | 625.1M | 603.3M | 598.5M | 576.1M | 548M | 530.99M | 528.63M | 535.85M | 508.9M | 491.86M | 490.21M | 490.38M | 465.39M |
| Other Liabilities | 889.3M | 852.9M | 843.1M | 825.1M | 811.1M | 791.9M | 797.1M | 798.7M | 798.2M | 790.1M | 786.9M | 780.3M | 740.19M | 744.1M | 739.23M | 745.4M | 746.05M | 746.71M | 746.23M | 750.75M |
| Total Equity | 4.03B | 4.02B | 4.03B | 3.91B | 3.85B | 3.72B | 3.72B | 3.59B | 3.53B | 3.44B | 3.42B | 3.31B | 3.26B | 3.2B | 3.19B | 3.09B | 2.98B | 2.98B | 2.97B | 2.89B |
| Equity Growth % | 4.71% | 8.18% | 8.33% | 8.94% | 9.02% | 8.02% | 8.61% | 8.45% | 8.36% | 7.51% | 7.23% | 6.99% | 9.24% | 7.37% | 7.43% | 7.02% | 6.57% | 8.12% | 9.02% | 8.43% |
| Shareholders Equity | 3.95B | 3.94B | 3.95B | 3.82B | 3.77B | 3.64B | 3.64B | 3.5B | 3.45B | 3.36B | 3.33B | 3.22B | 3.17B | 3.11B | 3.1B | 2.99B | 2.89B | 2.89B | 2.87B | 2.79B |
| Minority Interest | 79.6M | 80.3M | 81.7M | 82.1M | 82.9M | 83.3M | 82M | 83.7M | 85.6M | 86.1M | 88.6M | 90.5M | 92.25M | 92.75M | 93.78M | 95M | 97.14M | 97.35M | 99.11M | 100.03M |
| Common Stock | 76.6M | 76.3M | 76.2M | 75.5M | 75.5M | 72.9M | 72.5M | 71.7M | 71.7M | 69.7M | 69M | 68.3M | 68.05M | 67.11M | 66.67M | 66.1M | 65.11M | 65.11M | 64.85M | 64.79M |
| Additional Paid-in Capital | 2.49B | 2.47B | 2.46B | 2.42B | 2.42B | 2.26B | 2.24B | 2.19B | 2.19B | 2.08B | 2.04B | 2.01B | 1.99B | 1.94B | 1.91B | 1.88B | 1.81B | 1.81B | 1.79B | 1.78B |
| Retained Earnings | 1.39B | 1.41B | 1.42B | 1.34B | 1.29B | 1.31B | 1.33B | 1.25B | 1.2B | 1.22B | 1.24B | 1.16B | 1.12B | 1.12B | 1.14B | 1.06B | 1.03B | 1.04B | 1.04B | 962.46M |
| Accumulated OCI | -6.5M | -6.6M | -7.5M | -9.7M | -8.8M | -8M | -8.4M | -9.4M | -10.6M | -11.3M | -12.3M | -14.8M | -12.91M | -13.31M | -14.35M | -15.6M | -20.39M | -22.82M | -20.08M | -20.08M |
| Return on Assets (ROA) | 0.37% | 0.35% | 1.21% | 0.99% | 0.24% | 0.27% | 1.34% | 0.99% | 0.25% | 0.23% | 1.33% | 0.81% | 0.47% | 0.24% | 1.2% | 0.77% | 0.38% | 0.37% | 1.29% | 0.79% |
| Return on Equity (ROE) | 1.02% | 0.95% | 3.3% | 2.7% | 0.66% | 0.74% | 3.68% | 2.76% | 0.7% | 0.66% | 3.8% | 2.43% | 1.41% | 0.72% | 3.63% | 2.39% | 1.17% | 1.12% | 4.01% | 2.5% |
| Debt / Equity | 1.21x | 1.12x | 1.16x | 1.20x | 1.14x | 1.18x | 1.16x | 1.22x | 1.21x | 1.41x | 1.29x | 1.33x | 1.51x | 1.40x | 1.40x | 1.51x | 1.55x | 1.50x | 1.50x | 1.57x |
| Debt / Assets | 43.66% | 40.71% | 43.02% | 43.25% | 42.39% | 43.36% | 42.85% | 43.74% | 43.9% | 47.59% | 45.5% | 45.75% | 49.58% | 47.62% | 47.35% | 48.53% | 49.69% | 48.88% | 48.95% | 49.79% |
| Net Debt / EBITDA | 27.81x | 25.67x | 16.83x | 18.46x | 29.01x | 28.68x | 15.70x | 18.86x | 29.32x | 30.77x | 16.51x | 21.35x | 26.63x | 33.73x | 18.77x | 24.16x | 32.20x | 32.63x | 19.05x | 25.92x |
| Book Value per Share | 52.78 | 52.87 | 53.27 | 51.8 | 52.82 | 51.37 | 51.77 | 50.07 | 50.03 | 49.9 | 50.11 | 48.61 | 48.37 | 48.03 | 48.29 | 47.23 | 45.86 | 45.97 | 45.91 | 45.02 |