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Last update at 2024-10-07T18:52:00Z
Why Hawaiian Electric Plunged 35.2% in August
Sat 07 Sep 24, 07:30 AMStarbucks, Robinhood, KeyCorp stock rise premarket; Hawaiian Electric falls
Mon 12 Aug 24, 11:31 AM7 Doomed Stocks on a One-Way Trip to Penny Stock Territory
Tue 09 Jul 24, 12:00 AMHEI REPORTS FIRST QUARTER 2022 RESULTS
Mon 09 May 22, 10:00 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 304.19M | 310.86M | 240.62M | 271.41M | 254.46M |
Minority interest | - | 1.89M | -1.89000M | -1.89000M | 1.89M |
Net income | 243.03M | 248.06M | 199.71M | 219.77M | 203.66M |
Selling general administrative | -4.41100M | -5.84800M | 3.21M | 2.81M | 5.96M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 381.07M | 386.07M | 311.49M | 348.67M | 333.36M |
Reconciled depreciation | 260.74M | 278.70M | 290.78M | 278.11M | 255.63M |
Ebit | 381.07M | 122.75M | 311.49M | 79.74M | 338.27M |
Ebitda | 680.33M | 401.45M | 607.83M | 357.86M | 593.90M |
Depreciation and amortization | 299.25M | 278.70M | 296.34M | 278.11M | 255.63M |
Non operating income net other | - | 9.53M | 8.77M | 11.99M | 10.88M |
Operating income | 381.07M | 122.75M | 311.49M | 79.74M | 333.36M |
Other operating expenses | 3360.91M | 2448.93M | 2262.72M | 2516.75M | 2522.58M |
Interest expense | 99.99M | 91.11M | 85.70M | 86.45M | 83.81M |
Tax provision | 61.17M | 62.81M | 40.91M | 51.64M | 50.80M |
Interest income | 81.29M | 81.05M | 67.66M | 74.46M | 72.93M |
Net interest income | -99.98600M | -91.11300M | -85.70200M | -86.44600M | -83.81000M |
Extraordinary items | - | - | - | 9.26M | 9.54M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 61.17M | 62.81M | 40.91M | 51.64M | 50.80M |
Total revenue | 3741.99M | 2850.38M | 2579.78M | 2874.60M | 2860.85M |
Total operating expenses | -14.98500M | -15.38200M | -5.55800M | -9.18100M | -4.91500M |
Cost of revenue | 3360.91M | 2464.31M | 2268.28M | 2525.93M | 2527.49M |
Total other income expense net | -76.87800M | 188.12M | -70.86900M | 191.67M | 4.92M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 243.03M | 248.06M | 199.71M | 219.77M | 203.66M |
Net income applicable to common shares | 241.14M | 246.17M | 197.82M | 217.88M | 201.77M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 16284.24M | 15822.64M | 15004.01M | 13745.25M | 13104.05M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 5.87M | 428.16M | 324.77M | 460.00M | 1.80M |
Total liab | 14081.75M | 13431.75M | 12666.50M | 11464.99M | 10941.77M |
Total stockholder equity | 2202.50M | 2390.88M | 2337.50M | 2280.26M | 2162.28M |
Deferred long term liab | 190.24M | 384.76M | 395.09M | 379.32M | 372.52M |
Other current liab | 21.33M | 19.89M | 23.55M | 24.94M | 28.25M |
Common stock | 1692.70M | 1685.50M | 1678.37M | 1678.26M | 1669.27M |
Capital stock | 1692.70M | 1685.50M | 1678.37M | 1678.26M | 1669.27M |
Retained earnings | 845.83M | 757.92M | 660.40M | 622.04M | 543.62M |
Other liab | 5363.56M | 5637.33M | 5423.19M | 4858.31M | 5331.65M |
Good will | 82.19M | 82.19M | 82.19M | 82.19M | 82.19M |
Other assets | 0.00100M | 1416.71M | 1461.57M | 1472.39M | 1394.64M |
Cash | 199.88M | 305.55M | 341.42M | 196.81M | 169.21M |
Cash and equivalents | 199.88M | 305.55M | 341.42M | 196.81M | 169.21M |
Total current liabilities | 445.36M | 279.43M | 335.27M | 431.28M | 317.02M |
Current deferred revenue | - | - | - | - | - |
Net debt | 3228.10M | 2295.45M | 2157.19M | 2267.94M | 1894.46M |
Short term debt | 172.57M | 54.00M | 129.38M | 185.71M | 73.99M |
Short long term debt | 172.57M | 54.00M | 129.38M | 185.71M | 73.99M |
Short long term debt total | 3427.98M | 2601.00M | 2498.61M | 2464.76M | 2063.67M |
Other stockholder equity | -7.00000M | -34.29300M | -34.29300M | -34.29300M | -34.29300M |
Property plant equipment | 5802.69M | 5392.07M | 5265.73M | 5109.63M | 4830.12M |
Total current assets | 8054.01M | 8380.68M | 7871.53M | 6841.41M | 6676.12M |
Long term investments | 2706.80M | 10.40M | 2225.64M | 6452.38M | 6323.11M |
Net tangible assets | 2120.31M | 2342.99M | 2289.61M | 2232.36M | 2114.38M |
Short term investments | 1429.67M | 2574.62M | 1970.42M | 1232.83M | 1388.53M |
Net receivables | 6419.42M | 5484.20M | 5542.13M | 5368.61M | 5118.38M |
Long term debt | 3080.10M | 2321.94M | 2119.13M | 1964.37M | 1879.64M |
Inventory | -0.82400M | -411.84600M | -307.21700M | -416.83800M | -1.80500M |
Accounts payable | 251.46M | 205.54M | 182.35M | 220.63M | 214.77M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -336.02800M | -52.53300M | -1.26400M | -20.03900M | -50.61000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | 1685.50M | 1678.37M | 1678.26M | 1669.27M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | 757.92M | 660.40M | 622.04M | 543.62M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 1016.43M | 747.47M | 629.15M | 649.88M | 980.59M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 8230.23M | 7441.96M | 7132.48M | 6903.84M | 6427.93M |
Capital lease obligations | 175.31M | 136.76M | 160.43M | 199.57M | - |
Long term debt total | 2261.81M | 2321.94M | 2119.13M | 1964.37M | 1879.64M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -324.08500M | -848.96400M | -1030.48700M | -111.56700M | -285.32400M |
Change to liabilities | 28.17M | 3.27M | -22.09700M | -7.53600M | 42.40M |
Total cashflows from investing activities | -1128.68200M | -1179.59200M | -1413.64800M | -541.70900M | -792.05900M |
Net borrowings | 730.87M | 128.13M | 210.81M | 113.78M | 152.11M |
Total cash from financing activities | 567.67M | 756.40M | 1115.54M | 87.72M | 200.07M |
Change to operating activities | 45.68M | -58.05800M | -59.77300M | 32.06M | 45.61M |
Net income | 243.03M | 248.06M | 199.71M | 219.77M | 203.66M |
Change in cash | -111.58500M | -53.42800M | 113.74M | 58.48M | -92.67300M |
Begin period cash flow | 311.46M | 358.98M | 227.69M | 169.21M | 261.88M |
End period cash flow | 199.88M | 305.55M | 341.42M | 227.69M | 169.21M |
Total cash from operating activities | 454.48M | 375.67M | 429.41M | 512.47M | 499.31M |
Issuance of capital stock | 13.10M | - | - | - | 0.00000M |
Depreciation | 294.84M | 278.70M | 290.78M | 278.11M | 255.63M |
Other cashflows from investing activities | -784.64500M | -330.62800M | -383.16100M | -430.14200M | 30.63M |
Dividends paid | -155.11900M | -150.53300M | -145.98600M | -141.35300M | 136.88M |
Change to inventory | -87.56900M | -45.81900M | 34.20M | -11.49300M | 7.05M |
Change to account receivables | -151.55100M | -73.81100M | 2.53M | 26.08M | -64.32100M |
Sale purchase of stock | - | - | - | - | 0.00000M |
Other cashflows from financing activities | 931.60M | 1066.06M | 1717.15M | 566.35M | 1160.84M |
Change to netincome | -37.86900M | -9.29500M | 1.07M | -1.46900M | 0.72M |
Capital expenditures | 344.04M | 314.52M | 383.89M | 457.52M | 537.37M |
Change receivables | - | -73.81100M | 2.53M | 26.08M | -64.32100M |
Cash flows other operating | - | -25.42500M | -76.79200M | 9.00M | 54.17M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | -47.51700M | 131.29M | 58.48M | -92.67300M |
Change in working capital | -43.63400M | -126.43200M | -78.71600M | 16.05M | 39.30M |
Stock based compensation | 10.37M | 9.13M | 5.81M | 9.99M | 7.79M |
Other non cash items | -17.62300M | -28.39000M | 13.53M | 3.63M | 2.29M |
Free cash flow | 110.44M | 61.15M | 45.51M | 54.95M | -38.05700M |
Sector: Utilities Industry: Utilities - Regulated Electric
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
HE Hawaiian Electric Industries Inc |
-0.14 1.43% | 9.62 | 7.58 | 7.27 | 0.42 | 0.71 | 1.29 | 7.16 |
NEE Nextera Energy Inc |
-3.4 4.05% | 80.45 | 15.77 | 17.61 | 4.52 | 2.61 | 7.10 | 12.28 |
SO Southern Company |
-1.59 1.76% | 88.72 | 25.35 | 17.76 | 2.89 | 2.48 | 5.27 | 13.35 |
DUK Duke Energy Corporation |
-3.605 3.16% | 110.44 | 20.54 | 16.34 | 2.60 | 1.59 | 5.34 | 11.98 |
NGG National Grid PLC ADR |
-1.05 1.58% | 65.45 | 15.63 | 13.83 | 2.41 | 1.32 | 5.05 | 14.80 |
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and non-regulated renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates through three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates branches in Oahu, Maui, Hawaii, Kauai, and Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
1001 Bishop Street, Honolulu, HI, United States, 96813
Name | Title | Year Born |
---|---|---|
Mr. Scott W. H. Seu | Pres, CEO & Director | 1966 |
Mr. Kurt K. Murao | Exec. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec. | 1970 |
Ms. Ann C. Teranishi | CEO, Pres & Director of American Savings Bank | 1975 |
Mr. Paul K. Ito | VP of Tax, Controller, Treasurer & Interim CFO | 1971 |
Julie R. Smolinski | VP of Investor Relations & Corp. Sustainability | NA |
Ms. Erin P. Kippen | VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. | NA |
James P. Kelly | VP of Gov., Community Relations & Corp. Communications | NA |
Ms. Jackie Ingamells | VP of HR & Chief People Strategist | NA |
Ms. Tayne S. Y. Sekimura | Sr. VP, CFO & Treasurer of Hawaiian Electric Company Inc. | 1963 |
Avelino J. Halagao Jr. | VP of Corp. and Community Advancement & Pres of HEI Charitable Foundation | NA |
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