Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Hence, Black Hills's Capex-to-Operating-Income for the
three
months ended in Dec. 2023 was 0.98.
Black Hills Capex-to-Operating-Income Historical Data
The historical data trend for Black Hills's Capex-to-Operating-Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Black Hills's Capex-to-Operating-Income
For the Utilities - Regulated Gas subindustry, Black Hills's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Black Hills's Capex-to-Operating-Income Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Black Hills's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Black Hills's Capex-to-Operating-Income falls into.
Black Hills Capex-to-Operating-Income Calculation
Black Hills's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Black Hills (NYSE:BKH) Capex-to-Operating-Income Explanation
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Black Hills Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of Black Hills's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
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