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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
Black Hills receivedMXN734 Mil more from issuing new shares than it paid to buy back shares.
It spentMXN862 Mil paying down its debt.
It paidMXN0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spentMXN958 Mil paying cash dividends to shareholders.
It spentMXN90 Mil on other financial activities.
In all, Black HillsspentMXN1,176 Mil on financial activities for the
three
months ended in Mar. 2026.
Black Hills (MEX:BKH) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Black Hills's issuance of stock for the
three
months ended in Mar. 2026 was MXN734 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Black Hills's repurchase of stock for the
three
months ended in Mar. 2026 was MXN0 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Black Hills's net issuance of debt for the
three
months ended in Mar. 2026 was MXN-862 Mil.
Black Hills spentMXN862 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Black Hills's net issuance of preferred for the
three
months ended in Mar. 2026 was MXN0 Mil.
Black Hills paidMXN0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Black Hills's cash flow for dividends for the
three
months ended in Mar. 2026 was MXN-958 Mil.
Black Hills spentMXN958 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Black Hills's other financing for the
three
months ended in Mar. 2026 was MXN-90 Mil.
Black Hills spentMXN90 Mil on other financial activities.
Black Hills Cash Flow from Financing Related Terms
Black Hills Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Black Hills's Cash Flow from Financing 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.
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Black Hills's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN6,157 Mil.
* 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.
What does a Cash Flow from Financing of MXN6,157 Mil mean?
Black Hills (MEX:BKH) has a Cash Flow from Financing of MXN6,157 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Black Hills and its competitors.
Is Black Hills' Cash Flow from Financing too high?
Black Hills' current Cash Flow from Financing is MXN6,157 Mil. Overall, Black Hills has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Black Hills' Cash Flow from Financing compare to NJR and OGS?
Black Hills' Cash Flow from Financing of MXN6,157 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for an Utilities - Regulated company?
A good Cash Flow from Financing depends on the Utilities - Regulated industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Black Hills and its competitors. Black Hills's current Cash Flow from Financing is MXN6,157 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hills stock overvalued right now?
Black Hills (MEX:BKH) has a current Cash Flow from Financing of MXN6,157 Mil. The stock's GF Value™ is MXN901.78, compared to a current price of MXN1,089.00 — trading 20.8% above its estimated fair value. The current Cash Flow from Financing is MXN6,157 Mil. Black Hills' overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Black Hills (MEX:BKH), the current Cash Flow from Financing is MXN6,157 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Black Hills (MEX:BKH) Overvalued in 2026?
Based on GuruFocus' analysis, Black Hills stock appears to be overvalued.
The current stock price of MXN1,089.00 is trading 20.8% above its estimated GF Value™ of MXN901.78.
Key valuation signals for MEX:BKH:
Cash Flow from Financing: MXN6,157 Mil
GF Value™: MXN901.78 vs. price of MXN1,089.00 (20.8% above fair value)
No single metric tells the full story. See the MEX:BKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. 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 gas utilities.
76GF Score
Get the complete analysis for MEX:BKH
Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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