Hawaiian Historical Income Statement

HE Stock  USD 9.88  0.62  5.90%   
Historical analysis of Hawaiian Electric income statement accounts such as Gross Profit of 383.6 M can show how well Hawaiian Electric Industries performed in making a profits. Evaluating Hawaiian Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hawaiian Electric's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hawaiian Electric latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hawaiian Electric is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Hawaiian Income Statement Analysis

Hawaiian Electric Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hawaiian Electric shareholders. The income statement also shows Hawaiian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hawaiian Electric Income Statement Chart

Hawaiian Electric Industries Income Statement is one of the three primary financial statements used for reporting Hawaiian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hawaiian Electric revenue and expense. Hawaiian Electric Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Hawaiian Electric's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 228.1 M, whereas Operating Income is forecasted to decline to about 313 M.

Total Revenue

Total revenue comprises all receipts Hawaiian Electric generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Hawaiian Electric operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hawaiian Electric Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Hawaiian Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hawaiian Electric current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Hawaiian Electric's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 228.1 M, whereas Operating Income is forecasted to decline to about 313 M.
 2021 2022 2023 2024 (projected)
Gross Profit386.1M381.1M360.8M383.6M
Total Revenue2.9B3.7B3.7B2.2B

Hawaiian Electric income statement Correlations

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0.120.20.210.220.470.33-0.29-0.37-0.280.370.340.19-0.39-0.31-0.210.0-0.1-0.2-0.23-0.320.090.130.33
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0.680.16-0.01-0.35-0.170.120.36-0.370.570.190.17-0.240.07-0.18-0.070.610.330.09-0.89-0.49-0.880.940.54
0.640.21-0.01-0.36-0.160.190.46-0.360.650.230.21-0.250.15-0.11-0.050.680.340.13-0.93-0.28-0.820.940.45
0.61-0.050.090.040.08-0.08-0.16-0.19-0.030.080.03-0.1-0.13-0.5-0.040.340.290.33-0.34-0.78-0.810.540.45
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Hawaiian Electric Account Relationship Matchups

Hawaiian Electric income statement Accounts

201920202021202220232024 (projected)
Interest Expense86.4M85.7M91.1M100.0M125.3M131.6M
Total Revenue2.9B2.6B2.9B3.7B3.7B2.2B
Gross Profit348.7M311.5M386.1M381.1M360.8M383.6M
Operating Income79.7M311.5M122.7M381.1M352.6M313.0M
Ebit79.7M311.5M122.7M381.1M352.6M302.0M
Ebitda357.9M607.8M401.4M680.3M620.3M393.3M
Net Income219.8M199.7M248.1M243.0M201.1M126.0M
Income Tax Expense51.6M40.9M62.8M61.2M44.6M44.2M
Depreciation And Amortization278.1M296.3M278.7M299.3M267.7M163.3M
Other Operating Expenses2.5B2.3B2.4B3.4B3.3B2.3B
Cost Of Revenue2.5B2.3B2.5B3.4B3.3B2.2B
Total Operating Expenses(9.2M)(5.6M)(15.4M)(15.0M)8.2M7.8M
Income Before Tax271.4M240.6M310.9M304.2M245.7M221.6M
Total Other Income Expense Net191.7M(70.9M)188.1M(76.9M)(106.9M)(101.6M)
Net Income Applicable To Common Shares217.9M197.8M246.2M241.1M277.3M162.1M
Selling General Administrative2.8M3.2M5.8M4.4M4.8M4.1M
Net Income From Continuing Ops219.8M199.7M248.1M243.0M209.7M228.1M
Non Operating Income Net Other10.9M12.0M8.8M9.5M11.0M11.1M
Tax Provision51.6M40.9M62.8M61.2M49.7M57.2M
Interest Income74.5M67.7M81.1M81.3M9.1M8.6M
Net Interest Income(86.4M)(85.7M)(91.1M)(100.0M)(113.9M)(119.6M)
Reconciled Depreciation278.1M290.8M278.7M260.7M302.3M296.7M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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.