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Black Hills (Black Hills) Net Cash per Share : $-92.65 (As of Dec. 2023)


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What is Black Hills Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Black Hills's Net Cash per Share for the quarter that ended in Dec. 2023 was $-92.65.

The historical rank and industry rank for Black Hills's Net Cash per Share or its related term are showing as below:

BKH's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 11.49
* Ranked among companies with meaningful Price-to-Net-Cash only.

Black Hills Net Cash per Share Historical Data

The historical data trend for Black Hills's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Black Hills Net Cash per Share Chart

Black Hills Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.37 -87.92 -97.87 -99.87 -92.65

Black Hills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -99.87 -94.90 -91.65 -90.77 -92.65

Competitive Comparison of Black Hills's Net Cash per Share

For the Utilities - Regulated Gas subindustry, Black Hills's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Black Hills's Price-to-Net-Cash Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Black Hills's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Black Hills's Price-to-Net-Cash falls into.



Black Hills Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Black Hills's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(86.6-6314.6-90.5)/68.197
=-92.65

Black Hills's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(86.6-6314.6-90.5)/68.197
=-92.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Black Hills  (NYSE:BKH) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Black Hills Net Cash per Share Related Terms

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Black Hills (Black Hills) Business Description

Traded in Other Exchanges
Address
7001 Mount Rushmore Road, Rapid City, SD, USA, 57702
Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
Executives
Richard Kinzley officer: Sr VP & CFO PO BOX 1400, RAPID CITY SD 57709
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Stuart A Wevik officer: Sr VP - Utility Operations PO BOX 1400, RAPID CITY SD 57709
Kathleen S Mcallister director DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Barry M Granger director PO BOX 1400, RAPID CITY SD 57709
Robert P Otto director PO BOX 1400, RAPID CITY SD 57709
Mark A Schober director
Tony A Jensen director 620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Scott M Prochazka director 1111 LOUISIANA, HOUSTON TX 77002
Teresa Taylor director FIRST INTERSTATE BANCSYSTEM, INC, PO BOX 30918, BILLINGS MT 59116-0918
Michael Madison director PO BOX 5000, PINEVILLE LA 71361-5000
John B Vering director PO BOX 1400, RAPID CITY SD 57709
Steven Richard Mills director C/O ARCHER DANIELS MIDLAND CO, 4666 FARIES PARKWAY, DECATUR IL 62526
Linden R Evans officer: President and CEO PO BOX 1400, RAPID CITY SD 57709
David R Emery director, officer: Executive Chairman P O BOX 1400, RAPID CITY SD 57709-1400