Hawaiian Total Current Liabilities vs Other Stockholder Equity Analysis
HE Stock | USD 10.99 0.34 3.19% |
Hawaiian Electric financial indicator trend analysis is much more than just examining Hawaiian Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hawaiian Electric is a good investment. Please check the relationship between Hawaiian Electric Total Current Liabilities and its Other Stockholder Equity accounts. 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.
Total Current Liabilities vs Other Stockholder Equity
Total Current Liabilities vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hawaiian Electric Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hawaiian Electric's Total Current Liabilities and Other Stockholder Equity is 0.45. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Hawaiian Electric Industries, assuming nothing else is changed. The correlation between historical values of Hawaiian Electric's Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Hawaiian Electric Industries are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Hawaiian Electric's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Hawaiian Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hawaiian Electric Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Stockholder Equity
Most indicators from Hawaiian Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.97, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 386.1M | 381.1M | 360.8M | 383.6M | Total Revenue | 2.9B | 3.7B | 3.7B | 2.2B |
Hawaiian Electric fundamental ratios Correlations
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Hawaiian Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hawaiian Electric fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 109.4M | 109.4M | 109.6M | 109.8M | 110.0M | 84.7M | |
Total Assets | 13.7B | 15.0B | 15.8B | 16.3B | 17.7B | 11.3B | |
Short Long Term Debt Total | 2.5B | 2.5B | 2.6B | 3.4B | 4.0B | 2.2B | |
Other Current Liab | 24.9M | 23.5M | 19.9M | 21.3M | 51.2M | 48.6M | |
Total Current Liabilities | 431.3M | 335.3M | 279.4M | 445.4M | 298.7M | 283.7M | |
Total Stockholder Equity | 2.3B | 2.3B | 2.4B | 2.2B | 2.4B | 1.6B | |
Property Plant And Equipment Net | 5.3B | 5.4B | 5.5B | 5.8B | 6.2B | 3.7B | |
Net Debt | 2.3B | 2.2B | 2.3B | 3.2B | 3.3B | 1.9B | |
Retained Earnings | 622.0M | 660.4M | 757.9M | 845.8M | 926.7M | 973.1M | |
Accounts Payable | 220.6M | 182.3M | 205.5M | 251.5M | 247.5M | 184.3M | |
Cash | 196.8M | 341.4M | 305.6M | 199.9M | 694.6M | 729.3M | |
Non Current Assets Total | 6.9B | 7.1B | 7.4B | 8.2B | 16.4B | 17.2B | |
Non Currrent Assets Other | 649.9M | 629.1M | 747.5M | 1.0B | 1.2B | 836.8M | |
Cash And Short Term Investments | 1.4B | 2.3B | 2.9B | 1.6B | 696.0M | 794.7M | |
Net Receivables | 5.4B | 5.5B | 5.5B | 6.4B | 575.2M | 546.4M | |
Common Stock Total Equity | 1.7B | 1.7B | 1.7B | 1.7B | 1.9B | 1.1B | |
Liabilities And Stockholders Equity | 13.7B | 15.0B | 15.8B | 16.3B | 17.7B | 11.3B | |
Non Current Liabilities Total | 11.0B | 12.3B | 13.2B | 13.6B | 15.0B | 15.7B | |
Inventory | (416.8M) | (307.2M) | (411.8M) | (824K) | (86K) | (90.3K) | |
Other Current Assets | 460.0M | 324.8M | 428.2M | 5.9M | 98.7M | 93.8M | |
Total Liab | 11.5B | 12.7B | 13.4B | 14.1B | 15.3B | 9.6B | |
Property Plant And Equipment Gross | 5.3B | 5.4B | 8.4B | 5.8B | 9.6B | 10.0B | |
Total Current Assets | 6.8B | 7.9B | 8.4B | 8.1B | 1.3B | 1.2B | |
Accumulated Other Comprehensive Income | (20.0M) | (1.3M) | (52.5M) | (336.0M) | (289.4M) | (303.8M) | |
Short Term Debt | 185.7M | 129.4M | 54.0M | 172.6M | 442.9M | 389.5M | |
Common Stock | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.6B | |
Other Liab | 4.9B | 5.4B | 5.6B | 5.4B | 6.2B | 6.5B | |
Other Assets | 1.5B | 1.5B | 1.4B | 1K | 16.1B | 16.9B | |
Long Term Debt | 2.0B | 2.1B | 2.3B | 3.1B | 3.6B | 2.2B | |
Property Plant Equipment | 5.1B | 5.3B | 5.4B | 5.8B | 6.7B | 3.8B | |
Short Term Investments | 1.2B | 2.0B | 2.6B | 1.4B | 1.4M | 1.3M | |
Retained Earnings Total Equity | 543.6M | 622.0M | 660.4M | 757.9M | 871.6M | 915.2M | |
Deferred Long Term Liab | 379.3M | 395.1M | 384.8M | 190.2M | 218.8M | 368.4M | |
Net Tangible Assets | 2.2B | 2.3B | 2.3B | 2.1B | 2.4B | 2.3B | |
Long Term Debt Total | 2.0B | 2.1B | 2.3B | 2.3B | 2.6B | 2.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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 (0.24) | Dividend Share 0.72 | Earnings Share 1.69 | Revenue Per Share 33.217 | Quarterly Revenue Growth (0.03) |
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.