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 Hawaiian Electric Industries Inc (HE) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. See working capital position of Hawaiian Electric Industries Inc to evaluate short-term liquidity relative to the company's equity base.
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) total market value.
| 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 | — |