Black Hills Corporation (BKH) — Cash Flow-to-Debt Ratio
Black Hills Corporation (BKH) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of $176.20 Million could theoretically repay 0% of its total liabilities ($6.79 Billion) in one year. See Black Hills Corporation free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Black Hills Corporation Cash Flow-to-Debt Ratio (1994–2025)
Historical debt coverage capacity for Black Hills Corporation across 32 annual periods. Also explore Black Hills Corporation net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Black Hills Corporation (1994–2025)
Year-by-year debt coverage analysis for Black Hills Corporation. For market capitalisation and broader financial context, see Black Hills Corporation (BKH) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | $673.40 Million | $6.96 Billion | ▼ -13.5% |
| 2024 | 0.11x | $719.30 Million | $6.44 Billion | ▼ -25.3% |
| 2023 | 0.15x | $944.40 Million | $6.31 Billion | ▲ +67.0% |
| 2022 | 0.09x | $584.80 Million | $6.53 Billion | ▲ +966.4% |
| 2021 | -0.01x | $-64.56 Million | $6.24 Billion | ▼ -110.4% |
| 2020 | 0.10x | $541.86 Million | $5.43 Billion | ▲ +0.6% |
| 2019 | 0.10x | $505.51 Million | $5.09 Billion | ▼ -5.1% |
| 2018 | 0.10x | $488.81 Million | $4.68 Billion | ▲ +18.1% |
| 2017 | 0.09x | $428.26 Million | $4.84 Billion | ▲ +32.2% |
| 2016 | 0.07x | $320.46 Million | $4.79 Billion | ▼ -50.1% |
| 2015 | 0.13x | $428.00 Million | $3.19 Billion | ▲ +20.5% |
| 2014 | 0.11x | $323.46 Million | $2.90 Billion | ▼ -11.9% |
| 2013 | 0.13x | $324.63 Million | $2.57 Billion | ▼ -0.4% |
| 2012 | 0.13x | $316.97 Million | $2.50 Billion | ▲ +65.6% |
| 2011 | 0.08x | $223.70 Million | $2.92 Billion | ▲ +35.5% |
| 2010 | 0.06x | $147.75 Million | $2.61 Billion | ▼ -53.3% |
| 2009 | 0.12x | $270.50 Million | $2.23 Billion | ▲ +93.8% |
| 2008 | 0.06x | $145.64 Million | $2.33 Billion | ▼ -62.8% |
| 2007 | 0.17x | $252.08 Million | $1.50 Billion | ▼ -6.1% |
| 2006 | 0.18x | $259.69 Million | $1.45 Billion | ▲ +41.0% |
| 2005 | 0.13x | $174.85 Million | $1.38 Billion | ▲ +22.3% |
| 2004 | 0.10x | $136.68 Million | $1.32 Billion | ▼ -17.8% |
| 2003 | 0.13x | $170.57 Million | $1.35 Billion | ▼ -13.7% |
| 2002 | 0.15x | $218.77 Million | $1.49 Billion | ▼ -7.2% |
| 2001 | 0.16x | $177.40 Million | $1.12 Billion | ▲ +111.9% |
| 2000 | 0.07x | $74.47 Million | $1.00 Billion | ▼ -54.9% |
| 1999 | 0.17x | $75.70 Million | $458.20 Million | ▲ +6.5% |
| 1998 | 0.16x | $54.70 Million | $352.70 Million | ▼ -16.0% |
| 1997 | 0.18x | $56.00 Million | $303.30 Million | ▼ -8.6% |
| 1996 | 0.20x | $55.40 Million | $274.20 Million | ▲ +18.9% |
| 1995 | 0.17x | $45.30 Million | $266.50 Million | ▼ -9.1% |
| 1994 | 0.19x | $48.90 Million | $261.50 Million | — |