Black Hills Corporation Cash Flow-to-Debt Ratio
Black Hills Corporation 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. Check Black Hills Corporation cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Black Hills Corporation (1994–2025)
Cash flow-to-debt ratio of Black Hills Corporation from 1994 to 2025. Historical debt coverage capacity for Black Hills Corporation across 32 annual periods. Check Black Hills Corporation earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Black Hills Corporation Cash Flow-to-Debt Ratio by Year (1994–2025)
Black Hills Corporation cash flow-to-debt ratio by year from 1994 to 2025. Year-by-year debt coverage analysis for Black Hills Corporation. For the full cash flow conversion analysis, see Black Hills Corporation cash conversion from operations.
| 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 | — |