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Black Hills BKH Net Income (NCI)

Discontinued — last reported Q3 '22

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Other financials

Income statement

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Revenue$452.8M+3.1%
Operating income$97.0M+17.6%
Net income$38.2M+38.9%
EPS (diluted)$0.50+31.6%

Balance sheet

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Cash & equivalents$71.5M+783%
Total debt$4.1B+0.2%
Total equity$3.9B+8.5%
Total assets$11.0B+9.4%

Cash flow

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Operating cash flow$195.1M+3.4%
CapEx$218.1M-0.4%
Free cash flow-$23.0M+24.1%

Valuation

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Market cap$5.54B+27.2%
Enterprise value$9.55B+13.4%
P/E18.5×+3.2×
P/S2.4×+0.5×

Profitability

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Operating margin23.9%+0.4pp
Net margin13%+0.3pp
FCF margin-13.3%-27.7pp

Returns & leverage

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Return on equity7.9%-0.2pp
Debt / equity-0.1×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Black Hills in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAttributableToNoncontrollingInterest.

The source filing: Black Hills’s 10-Q, filed November 3, 2022.

Filed
Nov 3, 2022, 11:53 AM EDT
Fiscal quarter
Q3 FY2022
Calendar quarter
Q3 2022
Accession
0001130464-22-000029
(unaudited)Three Months Ended September 30, 2022Three Months Ended September 30, 2021Nine Months Ended September 30, 2022Nine Months Ended September 30, 2021
Income before income taxes39,92453,415210,624183,269
Income tax (expense)(2,090)(5,253)(15,920)(6,333)
Net income37,83448,162194,704176,936
Net income attributable to non-controlling interest(2,861)(4,050)(8,790)(11,347)
Net income available for common stock$34,973$44,112$185,914$165,589
Earnings per share of common stock:
Earnings per share, Basic$0.54$0.70$2.87$2.63
Earnings per share, Diluted$0.54$0.70$2.86$2.63

Item 1. Financial Statements - unaudited

FAQ

What is Black Hills's net income (NCI)?
Black Hills (BKH) reported net income (NCI) of $2.86M in Q3 2022.
What does net income (NCI) mean?
The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

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