Company Information

  

Address: 7001 MT RUSHMORE RD
PO BOX 1400 
City: RAPID CITY 
State: SD 
Zip Code: 57709 
Telephone: 605-721-2343 

Description of Business

Primary SIC Code: 4911
(As filed with the SEC)  

Black Hills Corporation, a South Dakota corporation (together with its subsidiaries, referred to herein as the "Company," "we," "us" or "our"), is a customer-focused, growth-oriented, vertically-integrated utility company headquartered in Rapid City, South Dakota. Our predecessor company, Black Hills Power and Light Company, was incorporated and began providing electric utility service in 1941. It was formed through the purchase and combination of several existing electric utilities and related assets, some of which had served customers in the Black Hills region since 1883. In 1956, with the purchase of the Wyodak Coal Mine, we began producing and selling energy through non-regulated businesses. We operate our business in the United States, reporting our operating results through our regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20184.630.47513.22
03/20183.710.47514.64
12/20173.520.47517.08
09/20172.620.44526.29
06/20172.380.44528.35
03/20171.99NA33.40
12/20161.370.42044.77
09/20160.730.42083.86

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.16Total Liab/Total Assets0.74
Net Inc/Total Assets0.03Total Liab/Inv Cap0.85
Net Inc/Inv Cap0.03Total Liab/Comm Equity4.12
Pretax Inc/Net Sales0.17Interest Coverage Ratio3.00
Net Inc/Net Sales0.11Curr Debt/Equity0.13
Cash Flow/Net Sales0.25LTD/Equity1.82
SG&A/NetSales0.03Total Debt/Equity1.95
Asset Utilization   Liquidity  
Net Receivables Turnover6.62Quick Ratio0.70
Inventory Turnover9.39Current Ratio0.88
Inventory Day Sales0.02Net Rec/Curr Assets0.44
Net Sales/Work Cap-21.45Inv/Curr Assets0.20
Net Sales/PP&E0.37  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 355.70 575.39 436.15 354.76
Cost of Goods Sold 222.94 363.74 259.52 213.98
Selling & Admin Exps 14.50 14.79 13.29 12.65
Operating Income 69.55 148.27 121.84 74.91
Interest Exp 35.37 35.44 35.48 35.05
Pretax Income 33.71 113.18 87.13 41.94
Other Income -0.48 0.34 0.77 2.08
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 24.74 136.63 64.90 20.92

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 11.71 33.91 18.24 16.19
Receivables - Total 187.27 271.67 248.33 153.83
Inventories - Total 95.45 82.05 113.28 126.52
Total Current Assets 380.65 492.11 570.78 385.02
Net Property, Plant & Equipment 4,614.38 4,559.61 4,541.43 4,594.77
Total Assets 6,570.13 6,626.99 6,658.90 6,551.18
Liabilities        
Accounts Payable 295.06 300.32 381.37 314.75
Debt in Current Liabilities 378.03 420.83 219.12 232.48
Total Current Liabilities 730.64 788.56 649.10 554.27
Long-Term Debt 2,858.07 2,858.79 3,109.40 3,109.86
Total Liabilities 4,751.28 4,808.22 4,949.93 4,868.37
Stockholder's Equity        
Minority Interest 107.69 109.21 111.23 113.18
Preferred Stock NA NA NA NA
Common Stock 53.66 53.65 53.58 53.53
Retained Earnings 652.64 656.16 548.62 516.37
Treasury Stock -3.64 -3.05 -2.31 -2.45
Total Stockholders' Equity 1,818.85 1,818.77 1,708.97 1,682.80
Total Liabilities and Stockholders' Equity 6,570.13 6,626.99 6,658.90 6,551.18

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities 140.83 169.88 108.83 56.56
Net Cash Provided by Investing Activities -89.97 -73.55 -61.28 -92.86
Net Cash Provided by Financing Activities -73.05 -80.66 -45.58 37.96

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20131,275.85117.422.61
12/20141,393.57130.892.89
12/20151,261.32-32.11-0.71
12/20161,538.9282.631.37
12/20171,680.27191.283.52
Growth Rates7.13----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1830553,757--




Report Date : 9/24/2018

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