HE: Hawaiian Electric Industries Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Hawaiian Electric Industries Inc (HE).
$1.68B Market Cap.
HE Market Cap. (MRY)
HE Shares Outstanding (MRY)
HE Assets (MRY)
Total Assets
$8.93B
Total Liabilities
$7.42B
Total Investments
$0
HE Income (MRY)
Revenue
$3.22B
Net Income
-$1.43B
Operating Expense
$108.05M
HE Cash Flow (MRY)
CF Operations
$487.48M
CF Investing
$258.32M
CF Financing
$154.71M
HE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $8,931,416,000 (-48.21%) | $17,243,821,000 (5.89%) | $16,284,244,000 (2.92%) | $15,822,637,000 (5.46%) |
Assets Current | $2,134,326,000 (76.99%) | $1,205,893,000 | - | - |
Assets Non-Current | $6,797,090,000 (-57.62%) | $16,037,928,000 | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $82,190,000 (0.00%) | $82,190,000 (0.00%) |
Shareholders Equity | $1,479,089,000 (-36.92%) | $2,344,841,000 (6.46%) | $2,202,499,000 (-7.88%) | $2,390,884,000 (2.28%) |
Property Plant & Equipment Net | $6,200,871,000 (2.62%) | $6,042,770,000 (4.14%) | $5,802,687,000 (5.23%) | $5,514,484,000 (1.77%) |
Cash & Equivalents | $1,242,852,000 (379.65%) | $259,119,000 (26.44%) | $204,927,000 (-34.20%) | $311,462,000 (-13.24%) |
Accumulated Other Comprehensive Income | $3,461,000 (101.20%) | -$289,350,000 (13.89%) | -$336,028,000 (-539.65%) | -$52,533,000 (-4056.09%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $8,615,488,000 (4.34%) | $8,257,276,000 (10.58%) |
Investments Current | $0 (0%) | $0 | - | - |
Investments Non-Current | $0 (0%) | $0 | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $457,171,000 (-16.38%) | $546,704,000 (6.80%) | $511,903,000 (48.72%) | $344,213,000 (22.40%) |
Trade & Non-Trade Payables | $230,655,000 (1.50%) | $227,239,000 (-16.70%) | $272,793,000 (21.01%) | $225,433,000 (9.49%) |
Accumulated Retained Earnings (Deficit) | -$788,916,000 (-185.13%) | $926,720,000 (9.56%) | $845,830,000 (11.60%) | $757,921,000 (14.77%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $402,246,000 (53.26%) | $262,462,000 (-31.79%) | $384,760,000 (-2.61%) |
Total Debt | $3,331,302,000 (2.70%) | $3,243,663,000 (-5.38%) | $3,427,981,000 (31.79%) | $2,601,000,000 (4.10%) |
Debt Current | $157,794,000 (856.56%) | $16,496,000 | - | - |
Debt Non-Current | $3,173,508,000 (-1.66%) | $3,227,167,000 | - | - |
Total Liabilities | $7,418,034,000 (-50.10%) | $14,864,687,000 (5.82%) | $14,047,452,000 (4.85%) | $13,397,460,000 (6.06%) |
Liabilities Current | $1,324,591,000 (74.59%) | $758,708,000 | - | - |
Liabilities Non-Current | $6,093,443,000 (-56.80%) | $14,105,979,000 | - | - |
HE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $3,219,850,000 (-2.06%) | $3,287,503,000 (-3.90%) | $3,420,917,000 (20.02%) | $2,850,379,000 (10.49%) |
Cost of Revenue | $4,818,558,000 (62.39%) | $2,967,363,000 (-4.57%) | $3,109,396,000 (27.52%) | $2,438,273,000 (8.44%) |
Selling General & Administrative Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $108,052,000 (139.33%) | $45,148,000 (41.24%) | $31,966,000 (22.76%) | $26,040,000 (31.45%) |
Interest Expense | $127,207,000 (1.33%) | $125,532,000 (21.40%) | $103,402,000 (9.58%) | $94,363,000 (6.39%) |
Income Tax Expense | -$470,962,000 (-1463.76%) | $34,534,000 (-11.26%) | $38,915,000 (-38.04%) | $62,807,000 (53.52%) |
Net Loss Income from Discontinued Operations | $103,486,000 (293.93%) | -$53,362,000 (33.29%) | -$79,989,000 (0%) | $0 (0%) |
Consolidated Income | -$1,426,009,000 (-815.73%) | $199,238,000 (-17.38%) | $241,138,000 (-2.79%) | $248,056,000 (24.21%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$1,426,009,000 (-815.73%) | $199,238,000 (-17.38%) | $241,138,000 (-2.79%) | $248,056,000 (24.21%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $1,890,000 (0.00%) |
Net Income Common Stock | -$1,426,009,000 (-815.73%) | $199,238,000 (-17.38%) | $241,138,000 (-2.04%) | $246,166,000 (24.44%) |
Weighted Average Shares | $126,927,000 (15.66%) | $109,739,000 (0.28%) | $109,434,000 (0.14%) | $109,282,000 (0.13%) |
Weighted Average Shares Diluted | $126,927,000 (15.35%) | $110,038,000 (0.24%) | $109,778,000 (0.18%) | $109,580,000 (0.20%) |
Earning Before Interest & Taxes (EBIT) | -$1,769,764,000 (-592.55%) | $359,304,000 (-6.30%) | $383,455,000 (-5.37%) | $405,226,000 (23.05%) |
Gross Profit | -$1,598,708,000 (-599.38%) | $320,140,000 (2.77%) | $311,521,000 (-24.41%) | $412,106,000 (24.39%) |
Operating Income | -$1,706,760,000 (-720.66%) | $274,992,000 (-1.63%) | $279,555,000 (-27.59%) | $386,066,000 (23.94%) |
HE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $258,318,000 (200.36%) | -$257,399,000 (77.19%) | -$1,128,682,000 (4.32%) | -$1,179,592,000 (16.56%) |
Net Cash Flow from Financing | $154,705,000 (-20.90%) | $195,575,000 (-65.55%) | $567,671,000 (-24.95%) | $756,402,000 (-32.19%) |
Net Cash Flow from Operations | $487,481,000 (-11.60%) | $551,471,000 (21.34%) | $454,476,000 (20.98%) | $375,673,000 (-12.51%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $0 (0%) | $0 (0%) | $0 (0%) | -$47,517,000 (-136.19%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$25,706,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$865,095,000 (16.27%) |
Capital Expenditure | -$344,251,000 (22.24%) | -$442,727,000 (-30.47%) | -$339,333,000 (-7.89%) | -$314,524,000 (18.07%) |
Issuance (Repayment) of Debt Securities | -$42,223,000 (-114.80%) | $285,270,000 (129.96%) | $124,054,000 (-2.14%) | $126,766,000 (-18.41%) |
Issuance (Purchase) of Equity Shares | $556,612,000 (45412.02%) | $1,223,000 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | -$73,957,000 (33.51%) | -$111,229,000 (25.17%) | -$148,643,000 (-3.16%) |
Effect of Exchange Rate Changes on Cash | - | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $3,591,000 (-47.00%) | $6,776,000 (-9.05%) | $7,450,000 (-18.45%) | $9,135,000 (57.23%) |
Depreciation Amortization & Accretion | $293,533,000 (3.98%) | $282,306,000 (4.40%) | $270,405,000 (-2.98%) | $278,702,000 (-4.15%) |
HE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -49.70% (-612.37%) | 9.70% (6.59%) | 9.10% (-37.24%) | 14.50% (13.28%) |
Profit Margin | -44.30% (-826.23%) | 6.10% (-12.86%) | 7.00% (-18.60%) | 8.60% (11.69%) |
EBITDA Margin | -45.80% (-334.87%) | 19.50% (2.09%) | 19.10% (-20.42%) | 24.00% (0.00%) |
Return on Average Equity (ROAE) | -87.50% (-1094.32%) | 8.80% (-18.52%) | 10.80% (3.85%) | 10.40% (20.93%) |
Return on Average Assets (ROAA) | -9.40% (-883.33%) | 1.20% (-20.00%) | 1.50% (-6.25%) | 1.60% (14.29%) |
Return on Sales (ROS) | -55.00% (-604.59%) | 10.90% (-2.68%) | 11.20% (-21.13%) | 14.20% (10.94%) |
Return on Invested Capital (ROIC) | -10.00% (-655.56%) | 1.80% (-10.00%) | 2.00% (-13.04%) | 2.30% (15.00%) |
Dividend Yield | 0% (0%) | 7.60% (130.30%) | 3.30% (0.00%) | 3.30% (-10.81%) |
Price to Earnings Ratio (P/E) | -0.87 (-111.11%) | 7.8 (-59.01%) | 19.02 (3.14%) | 18.44 (-5.67%) |
Price to Sales Ratio (P/S) | 0.38 (-18.99%) | 0.47 (-64.60%) | 1.34 (-15.84%) | 1.59 (6.28%) |
Price to Book Ratio (P/B) | 1.14 (70.42%) | 0.67 (-67.98%) | 2.08 (9.65%) | 1.9 (14.76%) |
Debt to Equity Ratio (D/E) | 5.01 (-20.89%) | 6.34 (-0.61%) | 6.38 (13.81%) | 5.6 (3.70%) |
Earnings Per Share (EPS) | -11.23 (-717.03%) | 1.82 (-17.27%) | 2.2 (-2.22%) | 2.25 (24.31%) |
Sales Per Share (SPS) | 25.37 (-15.32%) | 29.96 (-4.17%) | 31.26 (19.85%) | 26.08 (10.35%) |
Free Cash Flow Per Share (FCFPS) | 1.13 (13.82%) | 0.99 (-5.80%) | 1.05 (87.86%) | 0.56 (34.29%) |
Book Value Per Share (BVPS) | 11.65 (-45.46%) | 21.37 (6.17%) | 20.13 (-8.01%) | 21.88 (2.15%) |
Tangible Assets Book Value Per Share (TABVPS) | 70.37 (-55.22%) | 157.13 (6.13%) | 148.05 (2.79%) | 144.03 (5.35%) |
Enterprise Value Over EBIT (EV/EBIT) | -2 (-115.38%) | 13 (-35.00%) | 20 (17.65%) | 17 (-10.53%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -2.98 (-139.75%) | 7.49 (-35.50%) | 11.61 (14.74%) | 10.12 (1.48%) |
Asset Turnover | 0.21 (8.16%) | 0.2 (-7.55%) | 0.21 (16.48%) | 0.18 (2.25%) |
Current Ratio | 1.61 (1.38%) | 1.59 | - | - |
Dividends | $0 (0%) | $1.08 (-22.86%) | $1.4 (2.94%) | $1.36 (3.03%) |
Free Cash Flow (FCF) | $143,230,000 (31.71%) | $108,744,000 (-5.56%) | $115,143,000 (88.30%) | $61,149,000 (34.36%) |
Enterprise Value (EV) | $4,394,219,366 (-8.57%) | $4,805,957,951 (-36.70%) | $7,592,766,872 (9.71%) | $6,921,037,494 (11.92%) |
Earnings Before Tax (EBT) | -$1,896,971,000 (-911.46%) | $233,772,000 (-16.53%) | $280,053,000 (-9.91%) | $310,863,000 (29.19%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$1,476,231,000 (-330.08%) | $641,610,000 (-1.87%) | $653,860,000 (-4.40%) | $683,928,000 (10.29%) |
Invested Capital | $9,695,275,000 (-50.20%) | $19,469,657,000 (0.23%) | $19,425,108,000 (7.74%) | $18,029,985,000 (5.68%) |
Working Capital | $809,735,000 (81.07%) | $447,185,000 | - | - |
Tangible Asset Value | $8,931,416,000 (-48.21%) | $17,243,821,000 (6.43%) | $16,202,054,000 (2.93%) | $15,740,447,000 (5.49%) |
Market Capitalization | $1,678,090,366 (7.39%) | $1,562,660,951 (-65.89%) | $4,581,337,872 (0.99%) | $4,536,418,494 (17.40%) |
Average Equity | $1,629,695,750 (-28.02%) | $2,264,131,750 (1.73%) | $2,225,641,750 (-5.92%) | $2,365,762,250 (2.54%) |
Average Assets | $15,160,316,500 (-9.76%) | $16,799,683,250 (4.25%) | $16,114,821,000 (3.06%) | $15,637,050,500 (8.07%) |
Invested Capital Average | $17,686,610,500 (-10.34%) | $19,727,199,750 (4.59%) | $18,861,414,750 (5.37%) | $17,900,836,000 (8.14%) |
Shares | 172,465,608 (56.61%) | 110,124,098 (0.60%) | 109,470,439 (0.15%) | 109,311,289 (0.12%) |
