Hawaiian Electric Industries Inc (HE) — Financial Flexibility Index

Latest as of March 2026: 0.02x

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). Also explore HE year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$164.57 Million
Operating CF − Capex

Total Liabilities

$7.28 Billion
USD

Capital Expenditures

$103.53 Million
USD

Hawaiian Electric Industries Inc Financial Flexibility Index (1994–2025)

Historical Financial Flexibility Index trend for Hawaiian Electric Industries Inc across 32 annual periods. Check asset allocation strategy of Hawaiian Electric Industries Inc to assess the company's strategic physical and investment asset allocation.

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. For the full company profile including market capitalisation, see Hawaiian Electric Industries Inc (HE) market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities