Hawaiian Electric Industries Balance Sheet Health
Financial Health criteria checks 1/6
Hawaiian Electric Industries has a total shareholder equity of $1.1B and total debt of $3.4B, which brings its debt-to-equity ratio to 300%. Its total assets and total liabilities are $17.1B and $15.9B respectively.
Key information
300.0%
Debt to equity ratio
US$3.36b
Debt
| Interest coverage ratio | n/a |
| Cash | US$550.50m |
| Equity | US$1.12b |
| Total liabilities | US$15.94b |
| Total assets | US$17.06b |
Recent financial health updates
Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?
Jun 26
Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt
Mar 15These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively
Nov 24Recent updates
Valuing Hawaiian Electric Industries
Aug 21Hawaiian Electric Industries May Be Seeing The Light At The End Of The Tunnel
Jul 11Hawaiian Electric's Problems Are Mounting
May 09Hawaiian Electric Industries: Very Strong Finances, But Litigation Risks Cast A Shadow
Apr 17Hawaiian Electric: Risk Is Higher Than Its Reward
Feb 29Hawaiian Electric Industries: Why This Distressed Utility Is Primed To Outperform
Dec 06Hawaiian Electric: No Turnaround In Sight
Nov 26Hawaiian Electric: Risk-Reward Might Be Worth It
Oct 20Hawaiian Electric: Not Worth The Risk
Oct 12Hawaiian Electric: How To Profit From Current Uncertainty
Sep 19Is Hawaiian Electric A Basket Case Or In The Bargain Bin?
Aug 29Hawaiian Electric - Many Uncertainties After The Fire
Aug 14Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)
Aug 01Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?
Jun 26Hawaiian Electric: Surprisingly Good Stability, But Population Decline A Drag
Jun 12Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down
May 03Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt
Mar 15Estimating The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)
Mar 02Hawaiian Electric Industries (NYSE:HE) Will Pay A Larger Dividend Than Last Year At $0.36
Feb 16Hawaiian Electric GAAP EPS of $0.52 misses by $0.02, revenue of $924.95M misses by $235.05M
Feb 14The Returns At Hawaiian Electric Industries (NYSE:HE) Aren't Growing
Jan 23Hawaiian Electric Has Ended Coal Use In Hawaii
Dec 19These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively
Nov 24Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be $0.35
Nov 07Hawaiian Electric declares $0.35 dividend
Nov 03Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)
Oct 31Wicked Sell-Off In Hawaiian Electric Creates 4% Yield
Oct 07Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down
Sep 18Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be $0.35
Aug 08Hawaiian Electric declares $0.35 dividend
Aug 04These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively
Jul 26Hawaiian Electric Industries: Bet On Stability For The Upcoming Recession
Jul 24Hawaiian Electric appoints Paul K. Ito as Interim CFO
Jul 07Here's What To Make Of Hawaiian Electric Industries' (NYSE:HE) Decelerating Rates Of Return
Jun 10Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be US$0.35
May 09Financial Position Analysis
Short Term Liabilities: HE's short term assets ($7.1B) exceed its short term liabilities ($827.3M).
Long Term Liabilities: HE's short term assets ($7.1B) do not cover its long term liabilities ($15.1B).
Debt to Equity History and Analysis
Debt Level: HE's net debt to equity ratio (250.8%) is considered high.
Reducing Debt: HE's debt to equity ratio has increased from 98.4% to 300% over the past 5 years.
Debt Coverage: HE's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: Insufficient data to determine if HE's interest payments on its debt are well covered by EBIT.