Hawaiian Financial Statements From 2010 to 2024

HE Stock  USD 10.83  0.08  0.73%   
Hawaiian Electric financial statements provide useful quarterly and yearly information to potential Hawaiian Electric Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hawaiian Electric financial statements helps investors assess Hawaiian Electric's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hawaiian Electric's valuation are summarized below:
Gross Profit
754.2 M
Profit Margin
0.0541
Market Capitalization
1.2 B
Enterprise Value Revenue
0.9227
Revenue
3.7 B
There are over one hundred nineteen available fundamental trends for Hawaiian Electric, which can be analyzed over time and compared to other ratios. Investors should ensure to confirm all of Hawaiian Electric's regular performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 3.8 B

Hawaiian Electric Total Revenue

2.23 Billion

Check Hawaiian Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hawaiian main balance sheet or income statement drivers, such as Interest Expense of 131.6 M, Total Revenue of 2.2 B or Gross Profit of 383.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0493 or PTB Ratio of 1.28. Hawaiian financial statements analysis is a perfect complement when working with Hawaiian Electric Valuation or Volatility modules.
  
This module can also supplement Hawaiian Electric's financial leverage analysis and stock options assessment as well as various Hawaiian Electric Technical models . Check out the analysis of Hawaiian Electric Correlation against competitors.

Hawaiian Electric Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding84.7 M110 M99.7 M
Slightly volatile
Total Assets11.3 B17.7 B12.4 B
Slightly volatile
Short and Long Term Debt Total2.2 BB2.2 B
Slightly volatile
Other Current Liabilities48.6 M51.2 M446.4 M
Slightly volatile
Total Current Liabilities283.7 M298.7 M791.9 M
Slightly volatile
Total Stockholder Equity1.6 B2.4 B1.9 B
Slightly volatile
Property Plant And Equipment Net3.7 B6.2 B4.5 B
Slightly volatile
Net Debt1.9 B3.3 BB
Slightly volatile
Retained Earnings973.1 M926.7 M511.8 M
Slightly volatile
Accounts Payable184.3 M247.5 M193.8 M
Slightly volatile
Cash729.3 M694.6 M296.7 M
Slightly volatile
Non Current Assets Total17.2 B16.4 B7.4 B
Slightly volatile
Non Currrent Assets Other836.8 M1.2 B763.2 M
Slightly volatile
Cash And Short Term Investments794.7 M696 M1.2 B
Slightly volatile
Net Receivables546.4 M575.2 M4.2 B
Very volatile
Good Will92 M94.5 M81.2 M
Slightly volatile
Liabilities And Stockholders Equity11.3 B17.7 B12.4 B
Slightly volatile
Non Current Liabilities Total15.7 B15 B10.1 B
Slightly volatile
Other Current Assets93.8 M98.7 M180.6 M
Pretty Stable
Total Liabilities9.6 B15.3 B10.5 B
Slightly volatile
Property Plant And Equipment Gross10 B9.6 B5.2 B
Slightly volatile
Total Current Assets1.2 B1.3 B5.5 B
Very volatile
Short Term Debt392.1 M442.9 M215.2 M
Pretty Stable
Common Stock1.6 B1.7 B1.5 B
Slightly volatile
Other Liabilities6.5 B6.2 B4.1 B
Slightly volatile
Other Assets16.9 B16.1 B3.2 B
Slightly volatile
Long Term Debt2.2 B3.6 BB
Slightly volatile
Preferred Stock Total Equity27.5 M30.9 M33.6 M
Slightly volatile
Intangible Assets65.6 M74 M81.7 M
Slightly volatile
Property Plant Equipment3.8 B6.7 B4.4 B
Slightly volatile
Short Term Investments1.3 M1.4 M918.8 M
Slightly volatile
Net Tangible Assets2.3 B2.4 BB
Slightly volatile
Warrants27.4 M30.9 M33.6 M
Slightly volatile
Long Term Debt Total2.1 B2.6 B1.8 B
Slightly volatile
Long Term Investments1.2 B1.2 B3.9 B
Slightly volatile
Short and Long Term Debt238.4 M155.3 M716 M
Slightly volatile
Non Current Liabilities Other9.4 BB3.7 B
Slightly volatile
Cash And Equivalents275.5 M229.9 M262 M
Pretty Stable
Net Invested Capital5.3 B5.9 B4.5 B
Slightly volatile
Net Working Capital7.7 B8.2 B6.7 B
Slightly volatile
Capital Stock1.9 B1.7 B1.7 B
Slightly volatile
Capital Lease Obligations245.3 M442.9 M210.4 M
Slightly volatile

Hawaiian Electric Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue2.2 B3.7 B2.8 B
Pretty Stable
Gross Profit383.6 M360.8 M358.7 M
Pretty Stable
Operating Income313 M352.6 M318 M
Slightly volatile
EBIT302 M352.6 M294 M
Pretty Stable
EBITDA393.3 M620.3 M498.1 M
Very volatile
Net Income126 M201.1 M178.2 M
Slightly volatile
Other Operating Expenses2.3 B3.3 B2.5 B
Pretty Stable
Cost Of Revenue2.2 B3.3 B2.5 B
Pretty Stable
Income Before Tax221.6 M245.7 M254.9 M
Slightly volatile
Net Income Applicable To Common Shares162.1 M277.3 M184.7 M
Slightly volatile
Net Income From Continuing Ops228.1 M209.7 M198.8 M
Slightly volatile
Non Operating Income Net Other11.1 M11 M10 M
Slightly volatile
Tax Provision57.2 M49.7 M77.7 M
Slightly volatile
Interest Income8.6 M9.1 M61.9 M
Slightly volatile
Reconciled Depreciation296.7 M302.3 M249.3 M
Slightly volatile
Selling And Marketing Expenses4.3 MM3.9 M
Slightly volatile

Hawaiian Electric Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow261.8 M204.9 M247.2 M
Pretty Stable
Dividends Paid108.2 M114.8 M121.7 M
Slightly volatile
Capital Expenditures309.9 M448.3 M362.6 M
Slightly volatile
Total Cash From Operating Activities335 M551.5 M378.2 M
Slightly volatile
Net Income150.2 M201.1 M182.1 M
Slightly volatile
Total Cash From Financing Activities160.1 M195.6 M355.1 M
Pretty Stable
End Period Cash Flow729.3 M694.6 M298.8 M
Slightly volatile
Depreciation207.6 M267.7 M219.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.770.42291.1262
Pretty Stable
Dividend Yield0.04930.07380.0409
Pretty Stable
PTB Ratio1.280.65451.6508
Very volatile
Days Sales Outstanding54.1657.0151547
Pretty Stable
Book Value Per Share13.0221.679918.3374
Slightly volatile
Invested Capital1.661.69621.2275
Pretty Stable
Operating Cash Flow Per Share2.745.02533.5995
Slightly volatile
PB Ratio1.280.65451.6508
Very volatile
EV To Sales1.431.33021.839
Slightly volatile
ROIC0.05520.0450.0496
Slightly volatile
Net Income Per Share1.121.83281.7298
Slightly volatile
Payables Turnover9.513.421912.937
Slightly volatile
Cash Per Share6.616.342111.3822
Slightly volatile
POCF Ratio2.682.82378.4339
Slightly volatile
Interest Coverage4.322.8133.8488
Slightly volatile
Payout Ratio0.850.5710.6885
Very volatile
Days Payables Outstanding34.9327.194428.5718
Slightly volatile
Income Quality2.612.74192.0919
Slightly volatile
ROE0.10.08450.0957
Very volatile
EV To Operating Cash Flow15.498.881714.4685
Pretty Stable
PE Ratio11.517.742317.1516
Very volatile
Return On Tangible Assets0.0110.01140.0146
Slightly volatile
Earnings Yield0.06790.12920.0624
Pretty Stable
Intangibles To Total Assets0.00930.00460.0068
Slightly volatile
Net Debt To EBITDA5.925.38584.5989
Pretty Stable
Current Ratio7.384.256116.5673
Pretty Stable
Tangible Book Value Per Share12.6420.93117.4348
Slightly volatile
Receivables Turnover3.476.40181.1828
Slightly volatile
Graham Number18.7729.900326.7765
Slightly volatile
Shareholders Equity Per Share13.0221.679918.3374
Slightly volatile
Debt To Equity1.661.69621.2275
Pretty Stable
Revenue Per Share20.2333.553927.5446
Pretty Stable
Interest Debt Per Share26.2937.914623.0273
Slightly volatile
Debt To Assets0.230.22830.1852
Very volatile
Enterprise Value Over EBITDA12.977.896211.9115
Pretty Stable
Short Term Coverage Ratios1.181.2452.991
Pretty Stable
Price Earnings Ratio11.517.742317.1516
Very volatile
Operating Cycle54.1657.0057542
Slightly volatile
Price Book Value Ratio1.280.65451.6508
Very volatile
Days Of Payables Outstanding34.9327.194428.5718
Slightly volatile
Dividend Payout Ratio0.850.5710.6885
Very volatile
Price To Operating Cash Flows Ratio2.682.82378.4339
Slightly volatile
Pretax Profit Margin0.09660.06670.0925
Very volatile
Ebt Per Ebit0.70.69681.0776
Pretty Stable
Operating Profit Margin0.120.09580.1031
Pretty Stable
Effective Tax Rate0.170.18140.2815
Slightly volatile
Company Equity Multiplier7.987.42976.5832
Slightly volatile
Long Term Debt To Capitalization0.40.60160.5013
Pretty Stable
Total Debt To Capitalization0.640.62910.5426
Pretty Stable
Return On Capital Employed0.01930.02030.0294
Slightly volatile
Debt Equity Ratio1.661.69621.2275
Pretty Stable
Ebit Per Revenue0.120.09580.1031
Pretty Stable
Quick Ratio6.84.256116.461
Pretty Stable
Net Income Per E B T0.530.81860.6985
Slightly volatile
Cash Ratio2.442.32560.9203
Slightly volatile
Cash Conversion Cycle28.3229.8113514
Slightly volatile
Operating Cash Flow Sales Ratio0.10.14980.1321
Slightly volatile
Days Of Sales Outstanding54.1657.0151547
Pretty Stable
Cash Flow Coverage Ratios0.130.13670.1693
Very volatile
Price To Book Ratio1.280.65451.6508
Very volatile
Fixed Asset Turnover0.810.58960.6687
Slightly volatile
Price Cash Flow Ratio2.682.82378.4339
Slightly volatile
Enterprise Value Multiple12.977.896211.9115
Pretty Stable
Debt Ratio0.230.22830.1852
Very volatile
Cash Flow To Debt Ratio0.130.13670.1693
Very volatile
Price Sales Ratio0.770.42291.1262
Pretty Stable
Return On Assets0.0110.01140.0145
Slightly volatile
Asset Turnover0.260.20830.2392
Slightly volatile
Net Profit Margin0.04530.05460.0638
Pretty Stable
Gross Profit Margin0.190.0980.1204
Slightly volatile
Price Fair Value1.280.65451.6508
Very volatile
Return On Equity0.10.08450.0957
Very volatile

Hawaiian Electric Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.8 B3.6 B3.6 B
Slightly volatile
Enterprise Value2.3 B2.6 B2.8 B
Slightly volatile

Hawaiian Fundamental Market Drivers

Forward Price Earnings5.4201
Cash And Short Term Investments696 M

Hawaiian Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Hawaiian Electric Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hawaiian Electric income statement, its balance sheet, and the statement of cash flows. Hawaiian Electric investors use historical funamental indicators, such as Hawaiian Electric's revenue or net income, to determine how well the company is positioned to perform in the future. Although Hawaiian Electric investors may use each financial statement separately, they are all related. The changes in Hawaiian Electric's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hawaiian Electric's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hawaiian Electric Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hawaiian Electric. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-398.6 M-378.7 M
Total Revenue3.7 B2.2 B
Cost Of Revenue3.3 B2.2 B
Stock Based Compensation To Revenue(0.14)(0.13)
Sales General And Administrative To Revenue(0)(0)
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.12)(0.13)
Revenue Per Share 33.55  20.23 
Ebit Per Revenue 0.1  0.12 

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When determining whether Hawaiian Electric is a strong investment it is important to analyze Hawaiian Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hawaiian Electric's future performance. For an informed investment choice regarding Hawaiian Stock, refer to the following important reports:
Check out the analysis of Hawaiian Electric Correlation against competitors.
Note that the Hawaiian Electric information on this page should be used as a complementary analysis to other Hawaiian Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Hawaiian Electric's price analysis, check to measure Hawaiian Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hawaiian Electric is operating at the current time. Most of Hawaiian Electric's value examination focuses on studying past and present price action to predict the probability of Hawaiian Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Electric's price. Additionally, you may evaluate how the addition of Hawaiian Electric to your portfolios can decrease your overall portfolio volatility.
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Is Hawaiian Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
1.08
Earnings Share
1.81
Revenue Per Share
33.554
Quarterly Revenue Growth
(0.06)
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.