Hawaiian Electric Industries, Inc.

NYSE:HE Stock Report

Market Cap: US$1.2b

Hawaiian Electric Industries Balance Sheet Health

Financial Health criteria checks 2/6

Hawaiian Electric Industries has a total shareholder equity of $2.4B and total debt of $3.6B, which brings its debt-to-equity ratio to 151%. Its total assets and total liabilities are $17.2B and $14.9B respectively. Hawaiian Electric Industries's EBIT is $357.4M making its interest coverage ratio 3. It has cash and short-term investments of $679.6M.

Key information

151.0%

Debt to equity ratio

US$3.59b

Debt

Interest coverage ratio3x
CashUS$679.63m
EquityUS$2.38b
Total liabilitiesUS$14.86b
Total assetsUS$17.24b

Recent financial health updates

Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?

Jun 26
Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?

Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt

Mar 15
Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt

These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Nov 24
These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Recent updates

Hawaiian Electric: Risk Is Higher Than Its Reward

Feb 29

Hawaiian Electric Industries: Why This Distressed Utility Is Primed To Outperform

Dec 06

Hawaiian Electric: No Turnaround In Sight

Nov 26

Hawaiian Electric: Risk-Reward Might Be Worth It

Oct 20

Hawaiian Electric: Not Worth The Risk

Oct 12

Hawaiian Electric: How To Profit From Current Uncertainty

Sep 19

Is Hawaiian Electric A Basket Case Or In The Bargain Bin?

Aug 29

Hawaiian Electric - Many Uncertainties After The Fire

Aug 14

Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Aug 01
Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?

Jun 26
Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?

Hawaiian Electric: Surprisingly Good Stability, But Population Decline A Drag

Jun 12

Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down

May 03
Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down

Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt

Mar 15
Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt

Estimating The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Mar 02
Estimating The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Hawaiian Electric Industries (NYSE:HE) Will Pay A Larger Dividend Than Last Year At $0.36

Feb 16
Hawaiian Electric Industries (NYSE:HE) Will Pay A Larger Dividend Than Last Year At $0.36

Hawaiian Electric GAAP EPS of $0.52 misses by $0.02, revenue of $924.95M misses by $235.05M

Feb 14

The Returns At Hawaiian Electric Industries (NYSE:HE) Aren't Growing

Jan 23
The Returns At Hawaiian Electric Industries (NYSE:HE) Aren't Growing

Hawaiian Electric Has Ended Coal Use In Hawaii

Dec 19

These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Nov 24
These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be $0.35

Nov 07
Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be $0.35

Hawaiian Electric declares $0.35 dividend

Nov 03

Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Oct 31
Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Wicked Sell-Off In Hawaiian Electric Creates 4% Yield

Oct 07

Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down

Sep 18
Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down

Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be $0.35

Aug 08
Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be $0.35

Hawaiian Electric declares $0.35 dividend

Aug 04

These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Jul 26
These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Hawaiian Electric Industries: Bet On Stability For The Upcoming Recession

Jul 24

Hawaiian Electric appoints Paul K. Ito as Interim CFO

Jul 07

Here's What To Make Of Hawaiian Electric Industries' (NYSE:HE) Decelerating Rates Of Return

Jun 10
Here's What To Make Of Hawaiian Electric Industries' (NYSE:HE) Decelerating Rates Of Return

Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be US$0.35

May 09
Hawaiian Electric Industries' (NYSE:HE) Dividend Will Be US$0.35

A Look At The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Apr 07
A Look At The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Hawaiian Electric - A High-Yield Utility/Bank

Mar 22

These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Mar 03
These 4 Measures Indicate That Hawaiian Electric Industries (NYSE:HE) Is Using Debt Extensively

Hawaiian Electric Industries' (NYSE:HE) Upcoming Dividend Will Be Larger Than Last Year's

Feb 17
Hawaiian Electric Industries' (NYSE:HE) Upcoming Dividend Will Be Larger Than Last Year's

Hawaiian Electric Industries (NYSE:HE) Has Some Way To Go To Become A Multi-Bagger

Feb 13
Hawaiian Electric Industries (NYSE:HE) Has Some Way To Go To Become A Multi-Bagger

Hawaiian Electric: A Top-Notch Choice For Utility Investors

Jan 09

Calculating The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Dec 23
Calculating The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Financial Position Analysis

Short Term Liabilities: HE's short term assets ($7.5B) exceed its short term liabilities ($5.5B).

Long Term Liabilities: HE's short term assets ($7.5B) do not cover its long term liabilities ($9.3B).


Debt to Equity History and Analysis

Debt Level: HE's net debt to equity ratio (122.4%) is considered high.

Reducing Debt: HE's debt to equity ratio has increased from 93.9% to 151% over the past 5 years.

Debt Coverage: HE's debt is not well covered by operating cash flow (15.4%).

Interest Coverage: HE's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


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