BKHA (Black Hawk Acquisition) Debt-to-Equity: 0.06 (As of May. 2026) — 50% Above Median

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BKHA Black Hawk Acquisition Corp BKHA
15 GF Score
Price $11.78
! 2 Warning Signs
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What is Black Hawk Acquisition Debt-to-Equity?

Black Hawk Acquisition BKHA 15 Debt-to-Equity is 0.06 as of May. 2026, which is 50% above its 10-year median of 0.04. GuruFocus rates BKHA with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 168 Diversified Financial Services companies, Black Hawk Acquisition ranks better than 82.74% on this metric.

Black Hawk Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $1.23 Mil. Black Hawk Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.00 Mil. Black Hawk Acquisition's Total Stockholders Equity for the quarter that ended in May. 2026 was $20.21 Mil. Black Hawk Acquisition's debt to equity for the quarter that ended in May. 2026 was 0.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Black Hawk Acquisition's Debt-to-Equity or its related term are showing as below:

BKHA' s Debt-to-Equity Range Over the Past 10 Years
Min: -10   Med: 0.04   Max: 41.67
Current: 0.06

During the past 3 years, the highest Debt-to-Equity Ratio of Black Hawk Acquisition was 41.67. The lowest was -10.00. And the median was 0.04.

BKHA's Debt-to-Equity is ranked better than
82.74% of 168 companies
in the Diversified Financial Services industry
Industry Median: 0.18 vs BKHA: 0.06

Black Hawk Acquisition  (NAS:BKHA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Black Hawk Acquisition Debt-to-Equity Related Terms


Black Hawk Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Black Hawk Acquisition's Debt-to-Equity 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.

Black Hawk Acquisition Debt-to-Equity Chart

Black Hawk Acquisition Annual Data
Trend Nov23 Nov24 Nov25
Debt-to-Equity
41.67 0.00 0.03

Black Hawk Acquisition Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.02 0.03 0.05 0.06

BKHA vs ALCYF, RIBB, COLA: Debt-to-Equity Comparison

For the Shell Companies subindustry, Black Hawk Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Hawk Acquisition Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Black Hawk Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Black Hawk Acquisition's Debt-to-Equity falls into.


BKHA
15GF Score
Black Hawk Acquisition Corp BKHA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Hawk Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Black Hawk Acquisition's Debt to Equity Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Black Hawk Acquisition's Debt to Equity Ratio for the quarter that ended in May. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.06 mean?
Black Hawk Acquisition (BKHA) has a Debt-to-Equity of 0.06 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Black Hawk Acquisition and its competitors. This is 50% above median its historical median of 0.04. According to the industry distribution chart, Black Hawk Acquisition ranks #29 out of 168 companies in the Diversified Financial Services industry, placing it in the top 17.3%.
Is Black Hawk Acquisition's Debt-to-Equity too high?
Black Hawk Acquisition's current Debt-to-Equity of 0.06 is 50% above median its 10-year median of 0.04. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Black Hawk Acquisition's value of 0.06 is 66.7% below this industry median. Based on the distribution chart, Black Hawk Acquisition ranks #29 out of 168 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Black Hawk Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Black Hawk Acquisition's Debt-to-Equity compare to ALCYF and RIBB?
According to the Diversified Financial Services industry distribution chart, Black Hawk Acquisition ranks #29 out of 168 companies for Debt-to-Equity. This places Black Hawk Acquisition in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.18. Black Hawk Acquisition's value of 0.06 is 66.7% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.18, Black Hawk Acquisition has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 168 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Hawk Acquisition's current Debt-to-Equity of 0.06 is 66.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Black Hawk Acquisition and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Hawk Acquisition's current Debt-to-Equity is 0.06, which is 50% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hawk Acquisition stock overvalued right now?
Black Hawk Acquisition (BKHA) has a current Debt-to-Equity of 0.06. The current Debt-to-Equity is 0.06, which is 50% above median its 10-year median of 0.04 and 66.7% below the Diversified Financial Services industry median of 0.18. Black Hawk Acquisition's overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Black Hawk Acquisition (BKHA), the current Debt-to-Equity is 0.06 as of May. 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.

Black Hawk Acquisition Business Description

Address 4125 Blackhawk Plaza Circle, Suite 166, Danville, CA, USA, 94506
Black Hawk Acquisition Corp is a Blank check company.
15GF Score

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Price