Hawaiian Electric Industries Inc (HE) — Financial Flexibility Index
Hawaiian Electric Industries Inc (HE) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $164.57 Million (operating CF $61.03 Million minus capex $103.53 Million) represents 0% of total liabilities ($7.28 Billion). Check cash flow reinvestment rate of Hawaiian Electric Industries Inc to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Hawaiian Electric Industries Inc Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Hawaiian Electric Industries Inc across 32 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Hawaiian Electric Industries Inc.
Annual Financial Flexibility Index for Hawaiian Electric Industries Inc (1994–2025)
Year-by-year free cash flow to debt coverage for Hawaiian Electric Industries Inc. Explore HE cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.10x | $732.27 Million | $391.07 Million | $7.32 Billion | ▼ -6.6% |
| 2024 | 0.11x | $795.21 Million | $465.73 Million | $7.42 Billion | ▲ +60.3% |
| 2023 | 0.07x | $994.20 Million | $551.47 Million | $14.86 Billion | ▲ +20.8% |
| 2022 | 0.06x | $798.51 Million | $454.48 Million | $14.42 Billion | ▲ +9.5% |
| 2021 | 0.05x | $690.20 Million | $375.67 Million | $13.64 Billion | ▼ -20.0% |
| 2020 | 0.06x | $813.30 Million | $429.41 Million | $12.87 Billion | ▼ -25.5% |
| 2019 | 0.08x | $969.99 Million | $512.47 Million | $11.43 Billion | ▼ -9.4% |
| 2018 | 0.09x | $1.04 Billion | $499.31 Million | $11.07 Billion | ▲ +7.9% |
| 2017 | 0.09x | $915.63 Million | $420.44 Million | $10.55 Billion | ▲ +9.3% |
| 2016 | 0.08x | $825.30 Million | $495.25 Million | $10.40 Billion | ▲ +9.0% |
| 2015 | 0.07x | $719.68 Million | $355.88 Million | $9.88 Billion | ▲ +6.9% |
| 2014 | 0.07x | $641.20 Million | $301.48 Million | $9.42 Billion | ▼ -13.7% |
| 2013 | 0.08x | $681.02 Million | $327.15 Million | $8.64 Billion | ▲ +20.7% |
| 2012 | 0.07x | $560.02 Million | $234.54 Million | $8.57 Billion | ▲ +8.8% |
| 2011 | 0.06x | $485.48 Million | $250.37 Million | $8.08 Billion | ▼ -10.2% |
| 2010 | 0.07x | $522.84 Million | $340.72 Million | $7.82 Billion | ▼ -41.9% |
| 2009 | 0.12x | $887.09 Million | $284.47 Million | $7.70 Billion | ▲ +73.7% |
| 2008 | 0.07x | $539.98 Million | $257.92 Million | $8.14 Billion | ▲ +40.5% |
| 2007 | 0.05x | $435.64 Million | $217.34 Million | $9.23 Billion | ▼ -15.4% |
| 2006 | 0.06x | $504.11 Million | $293.58 Million | $9.04 Billion | ▲ +10.4% |
| 2005 | 0.05x | $439.26 Million | $215.58 Million | $8.70 Billion | ▼ -7.2% |
| 2004 | 0.05x | $461.24 Million | $246.58 Million | $8.47 Billion | ▲ +11.0% |
| 2003 | 0.05x | $397.78 Million | $234.89 Million | $8.11 Billion | ▲ +4.0% |
| 2002 | 0.05x | $371.77 Million | $243.68 Million | $7.89 Billion | ▲ +13.8% |
| 2001 | 0.04x | $314.29 Million | $198.75 Million | $7.59 Billion | ▼ -84.2% |
| 2000 | 0.26x | $410.58 Million | $276.01 Million | $1.57 Billion | ▲ +459.9% |
| 1999 | 0.05x | $348.10 Million | $213.70 Million | $7.44 Billion | ▼ -13.3% |
| 1998 | 0.05x | $397.30 Million | $230.60 Million | $7.37 Billion | ▲ +19.9% |
| 1997 | 0.04x | $320.70 Million | $173.40 Million | $7.13 Billion | ▼ -36.2% |
| 1996 | 0.07x | $364.00 Million | $158.40 Million | $5.16 Billion | ▼ -15.6% |
| 1995 | 0.08x | $407.20 Million | $212.60 Million | $4.87 Billion | ▲ +13.5% |
| 1994 | 0.07x | $330.80 Million | $130.30 Million | $4.49 Billion | — |