Hawaiian Electric Industries Inc Net Asset Quality Index
Hawaiian Electric Industries Inc net asset quality index. Hawaiian Electric Industries Inc (HE) has a Net Asset Quality Index of 18.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $8.91 Billion minus total liabilities of $7.28 Billion yields net assets of $1.64 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check HE cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Hawaiian Electric Industries Inc (1994–2025)
Net asset quality index of Hawaiian Electric Industries Inc from 1994 to 2025. This chart shows how Hawaiian Electric Industries Inc's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the index stands at 18.4%, representing net assets of $1.64 Billion against total assets of $8.91 Billion USD. See HE book value for net asset value and shareholders' equity analysis.
Hawaiian Electric Industries Inc Net Asset Quality Index by Year (1994–2025)
Hawaiian Electric Industries Inc net asset quality index by year from 1994 to 2025. The table below presents the year-by-year Net Asset Quality Index for Hawaiian Electric Industries Inc from 1994 to 2025, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Hawaiian Electric Industries Inc (HE) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 18.0% | $1.61 Billion | $8.92 Billion | $7.32 Billion | ▲ +1.1 pp |
| 2024 | 16.9% | $1.51 Billion | $8.93 Billion | $7.42 Billion | ▲ +3.1 pp |
| 2023 | 13.8% | $2.38 Billion | $17.24 Billion | $14.86 Billion | ▲ +0.4 pp |
| 2022 | 13.4% | $2.24 Billion | $16.65 Billion | $14.42 Billion | ▼ -1.7 pp |
| 2021 | 15.1% | $2.43 Billion | $16.07 Billion | $13.64 Billion | ▼ -0.5 pp |
| 2020 | 15.6% | $2.37 Billion | $15.24 Billion | $12.87 Billion | ▼ -1.3 pp |
| 2019 | 16.8% | $2.31 Billion | $13.75 Billion | $11.43 Billion | ▲ +0.3 pp |
| 2018 | 16.6% | $2.20 Billion | $13.27 Billion | $11.07 Billion | ▼ -0.3 pp |
| 2017 | 16.8% | $2.13 Billion | $12.68 Billion | $10.55 Billion | ▼ 0.0 pp |
| 2016 | 16.8% | $2.10 Billion | $12.50 Billion | $10.40 Billion | ▲ +0.3 pp |
| 2015 | 16.6% | $1.96 Billion | $11.85 Billion | $9.88 Billion | ▲ +0.3 pp |
| 2014 | 16.2% | $1.83 Billion | $11.24 Billion | $9.42 Billion | ▼ -0.7 pp |
| 2013 | 16.9% | $1.76 Billion | $10.40 Billion | $8.64 Billion | ▲ +1.0 pp |
| 2012 | 16.0% | $1.63 Billion | $10.20 Billion | $8.57 Billion | ▼ -0.2 pp |
| 2011 | 16.2% | $1.56 Billion | $9.65 Billion | $8.08 Billion | ▼ -0.1 pp |
| 2010 | 16.3% | $1.52 Billion | $9.33 Billion | $7.82 Billion | ▲ +0.2 pp |
| 2009 | 16.1% | $1.48 Billion | $9.18 Billion | $7.70 Billion | ▲ +1.2 pp |
| 2008 | 14.9% | $1.42 Billion | $9.57 Billion | $8.14 Billion | ▲ +2.5 pp |
| 2007 | 12.4% | $1.31 Billion | $10.54 Billion | $9.23 Billion | ▲ +1.3 pp |
| 2006 | 11.1% | $1.13 Billion | $10.17 Billion | $9.04 Billion | ▼ -1.5 pp |
| 2005 | 12.6% | $1.25 Billion | $9.95 Billion | $8.70 Billion | ▼ -0.2 pp |
| 2004 | 12.8% | $1.25 Billion | $9.72 Billion | $8.47 Billion | ▲ +1.0 pp |
| 2003 | 11.8% | $1.09 Billion | $9.20 Billion | $8.11 Billion | ▲ +0.1 pp |
| 2002 | 11.7% | $1.05 Billion | $8.93 Billion | $7.89 Billion | ▲ +0.8 pp |
| 2001 | 10.9% | $929.66 Million | $8.52 Billion | $7.59 Billion | ▼ -23.6 pp |
| 2000 | 34.5% | $825.01 Million | $2.39 Billion | $1.57 Billion | ▲ +24.2 pp |
| 1999 | 10.2% | $848.40 Million | $8.29 Billion | $7.44 Billion | ▲ +0.1 pp |
| 1998 | 10.1% | $830.60 Million | $8.20 Billion | $7.37 Billion | ▼ -0.1 pp |
| 1997 | 10.3% | $814.70 Million | $7.95 Billion | $7.13 Billion | ▼ -2.8 pp |
| 1996 | 13.0% | $772.90 Million | $5.94 Billion | $5.16 Billion | ▲ +0.0 pp |
| 1995 | 13.0% | $729.60 Million | $5.60 Billion | $4.87 Billion | ▼ -0.2 pp |
| 1994 | 13.2% | $682.10 Million | $5.17 Billion | $4.49 Billion | — |