What are Black Hills's total assets?

Black Hills (BKH) holds $10.8B in total assets, up 7.5% year over year.

How much debt does Black Hills have?

Black Hills carries $4.2B in total debt against $3.9B of shareholders' equity, a debt-to-equity ratio of 1.08.

How much cash does Black Hills have?

Black Hills holds $23.6M in cash and equivalents.

Can Black Hills cover its short-term obligations?

Its current ratio is 0.65 — current liabilities exceed current assets.

Where does Black Hills's balance sheet data come from?

Every line is extracted from Black Hills's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Black Hills BKH Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$182.8M+1,035%	$16.1M-81.4%	$86.6M+305%	$21.4M+55.0%
Restricted cash	$7.6M+4.1%	$7.3M+14.1%	$6.4M+14.3%	$5.6M+14.5%
Accounts receivable, net	$389M+10.8%	$351.2M+0.3%	$350.3M-31.1%	$508.2M+181%
Inventories	$172.4M+12.0%	$153.9M-4.4%	$160.9M-22.4%	$207.4M+37.4%
Prepaid expenses and other current assets	$81.1M+107%	$39.2M+39.0%	$28.2M-44.3%	$50.6M+74.4%
Income taxes receivable	$23.3M+17.7%	$19.8M+7.0%	$18.5M+5.1%	$17.6M-2.3%
Total current assets	$995.9M+34.2%	$742.3M-10.2%	$826.6M-22.9%	$1.07B+32.6%
Property and equipment, net	$8.23B+7.9%	$7.63B+7.2%	$7.12B+4.7%	$6.8B+5.4%
Accumulated depreciation	$2.11B+9.0%	$1.94B+7.7%	$1.8B+14.0%	$1.58B+12.0%
Goodwill	$1.3B0.0%	$1.3B0.0%	$1.3B0.0%	$1.3B0.0%
Intangible assets, net	$6.4M-15.8%	$7.6M-9.5%	$8.4M-12.5%	$9.6M-11.1%
Deferred tax assets	$697.9M+11.6%	$625.1M+14.1%	$548M+7.7%	$508.9M+9.3%
Other non-current assets	$78.8M+11.9%	$70.4M+13.2%	$62.2M+33.2%	$46.7M+22.7%
Regulatory assets	$139.7M-9.8%	$154.8M-11.9%	$175.7M-32.5%	$260.3M-3.7%
Total noncurrent assets	$1.64B-0.6%	$1.65B-1.4%	$1.67B-4.2%	$1.75B-6.7%
Total assets	$10.87B+8.5%	$10.02B+4.2%	$9.62B0.0%	$9.62B+5.3%
Accounts payable	$311.7M+36.1%	$229.1M+22.9%	$186.4M-39.9%	$310M+42.4%
Accrued expenses	$322.6M+6.8%	$302.2M+3.0%	$293.3M+20.5%	$243.5M-0.5%
Current portion of long-term debt	$0-100%	$133.8M—	$0-100%	$535.6M+27.5%
Short-term borrowings	$0-100%	$133.8M—	$0-100%	$535.6M+27.5%
Total current liabilities	$740M-3.1%	$763.4M-35.6%	$1.19B-28.9%	$1.67B+84.8%
Long-term debt	$4.7B+10.6%	$4.25B+11.8%	$3.8B+5.4%	$3.61B-12.6%
Other non-current liabilities	$213.4M+6.1%	$201.2M+6.6%	$188.7M+20.9%	$156.1M+10.4%
Regulatory liabilities	$99.9M+6.2%	$94.1M-4.9%	$98.9M+115%	$46M+162%
Common stock	$75.5M+5.3%	$71.7M+5.0%	$68.3M+3.3%	$66.1M+2.0%
Additional paid-in capital	$2.42B+10.2%	$2.19B+9.2%	$2.01B+6.6%	$1.88B+5.6%
Retained earnings	$1.34B+7.5%	$1.25B+7.8%	$1.16B+8.8%	$1.06B+10.6%
Accumulated other comprehensive income (loss)	-$9.7M-3.2%	-$9.4M+36.5%	-$14.8M+5.1%	-$15.6M+22.4%
Treasury stock	$2.6M-21.2%	$3.3M-19.5%	$4.1M+70.8%	$2.4M-31.6%
Noncontrolling interests	$82.1M-1.9%	$83.7M-7.5%	$90.5M-4.7%	$95M-5.0%
Total stockholders' equity	$3.82B+9.2%	$3.5B+8.9%	$3.22B+7.4%	$2.99B+7.5%
Total liabilities and stockholders' equity	$10.87B+8.5%	$10.02B+4.2%	$9.62B0.0%	$9.62B+5.3%
Other current assets	$81.1M+107%	$39.2M+39.0%	$28.2M-44.3%	$50.6M+74.4%
Deferred Tax Assets and Other Non-Current Assets	$78.8M+11.9%	$70.4M+13.2%	$62.2M+33.2%	$46.7M+22.7%
Other intangible assets—net	$6.4M-15.8%	$7.6M-9.5%	$8.4M-12.5%	$9.6M-11.1%
Other non-current assets	$78.8M+11.9%	$70.4M+13.2%	$62.2M+33.2%	$46.7M+22.7%
Property, plant and equipment at cost	$10.34B+8.1%	$9.57B+7.3%	$8.92B+6.5%	$8.37B+6.6%
Software and Technology Licenses, Net	$78.8M+11.9%	$70.4M+13.2%	$62.2M+33.2%	$46.7M+22.7%
Other Commercial Liabilities	$322.6M+6.8%	$302.2M+3.0%	$293.3M+20.5%	$243.5M-0.5%
Accrued Liabilities, Current	$322.6M+6.8%	$302.2M+3.0%	$293.3M+20.5%	$243.5M-0.5%
Derivative Liability, Current	$5.8M+38.1%	$4.2M-35.4%	$6.5M-1.5%	$6.6M+359%
Derivative Liabilities - Fair Value	$5.8M+38.1%	$4.2M-35.4%	$6.5M-1.5%	$6.6M+359%
Defined Benefit Pension Plan Liabilities (Non-Current)	$123.4M+0.4%	$122.9M-0.8%	$123.9M+6.2%	$116.7M-5.8%
Retirement and nonpension postretirement benefit obligations	$123.4M+0.4%	$122.9M-0.8%	$123.9M+6.2%	$116.7M-5.8%
Total debt	$4.7B+7.2%	$4.38B+15.3%	$3.8B-8.2%	$4.14B-8.9%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$75.5M+5.3%	$71.7M+5.0%	$68.3M+3.3%	$66.1M+2.0%
Treasury Stock, Value	$2.6M-21.2%	$3.3M-19.5%	$4.1M+70.8%	$2.4M-31.6%
Cumulative Cost Basis	$10.34B+8.1%	$9.57B+7.3%	$8.92B+6.5%	$8.37B+6.6%
Deferred income taxes	$697.9M+11.6%	$625.1M+14.1%	$548M+7.7%	$508.9M+9.3%
Tax receivable within other current assets	$23.3M+17.7%	$19.8M+7.0%	$18.5M+5.1%	$17.6M-2.3%
Noncontrolling Interest In Variable Interest Entity	$82.1M-1.9%	$83.7M-7.5%	$90.5M-4.7%	$95M-5.0%

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Questions, answered.

What are Black Hills's total assets?: Black Hills (BKH) holds $10.8B in total assets, up 7.5% year over year.
How much debt does Black Hills have?: Black Hills carries $4.2B in total debt against $3.9B of shareholders' equity, a debt-to-equity ratio of 1.08.
How much cash does Black Hills have?: Black Hills holds $23.6M in cash and equivalents.
Can Black Hills cover its short-term obligations?: Its current ratio is 0.65 — current liabilities exceed current assets.
Where does Black Hills's balance sheet data come from?: Every line is extracted from Black Hills's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.