Hawaiian Electric Company Inc. PFD SER D 5%
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Hawaiian Electric Company Inc. PFD SER D 5% (HAWEM) - Net Assets
Latest net assets as of September 2024: $1.14 Billion USD
Based on the latest financial reports, Hawaiian Electric Company Inc. PFD SER D 5% (HAWEM) has net assets worth $1.14 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.56 Billion) and total liabilities ($6.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.14 Billion |
| % of Total Assets | 15.13% |
| Annual Growth Rate | 4.5% |
| 5-Year Change | 7.15% |
| 10-Year Change | 36.39% |
| Growth Volatility | 5.14 |
Hawaiian Electric Company Inc. PFD SER D 5% - Net Assets Trend (1994–2023)
This chart illustrates how Hawaiian Electric Company Inc. PFD SER D 5%'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hawaiian Electric Company Inc. PFD SER D 5% (1994–2023)
The table below shows the annual net assets of Hawaiian Electric Company Inc. PFD SER D 5% from 1994 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.44 Billion | +2.73% |
| 2022-12-31 | $2.38 Billion | +3.58% |
| 2021-12-31 | $2.30 Billion | +5.51% |
| 2020-12-31 | $2.18 Billion | -4.56% |
| 2019-12-31 | $2.28 Billion | +5.46% |
| 2018-12-31 | $2.16 Billion | +3.09% |
| 2017-12-31 | $2.10 Billion | +1.48% |
| 2016-12-31 | $2.07 Billion | +7.22% |
| 2015-12-31 | $1.93 Billion | +7.60% |
| 2014-12-31 | $1.79 Billion | +3.73% |
| 2013-12-31 | $1.73 Billion | +8.36% |
| 2012-12-31 | $1.59 Billion | +4.04% |
| 2011-12-31 | $1.53 Billion | +3.26% |
| 2010-12-31 | $1.48 Billion | +0.52% |
| 2009-12-31 | $1.48 Billion | +3.67% |
| 2008-12-31 | $1.42 Billion | +8.71% |
| 2007-12-31 | $1.31 Billion | +15.95% |
| 2006-12-31 | $1.13 Billion | -7.16% |
| 2005-12-31 | $1.22 Billion | +0.47% |
| 2004-12-31 | $1.21 Billion | +11.19% |
| 2003-12-31 | $1.09 Billion | +4.08% |
| 2002-12-31 | $1.05 Billion | +19.28% |
| 2001-12-31 | $877.15 Million | +4.44% |
| 2000-12-31 | $839.90 Million | -1.00% |
| 1999-12-31 | $848.40 Million | +2.13% |
| 1998-12-31 | $830.70 Million | +1.96% |
| 1997-12-31 | $814.70 Million | +5.41% |
| 1996-12-31 | $772.90 Million | +5.93% |
| 1995-12-31 | $729.60 Million | +6.96% |
| 1994-12-31 | $682.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hawaiian Electric Company Inc. PFD SER D 5%'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 987.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.48 Billion | 60.42% |
| Common Stock | $119.05 Million | 4.87% |
| Other Comprehensive Income | $2.85 Million | 0.12% |
| Other Components | $845.25 Million | 34.59% |
| Total Equity | $2.44 Billion | 100.00% |
Hawaiian Electric Company Inc. PFD SER D 5% Competitors by Market Cap
The table below lists competitors of Hawaiian Electric Company Inc. PFD SER D 5% ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Electronic Systems Technology Inc
PINK:ELST
|
$143.20K |
|
APT Systems Inc
PINK:APTY
|
$143.25K |
|
Photomyne Ltd
TA:PHTM
|
$143.33K |
|
BASLER
BE:BSL
|
$143.34K |
|
ALTIRA N
BE:A7A
|
$143.19K |
|
MAGIC SOFTWARE ENTR (MGK.SG)
STU:MGK
|
$143.10K |
|
Australian Oilseeds Holdings Limited Warrant
NASDAQ:COOTW
|
$143.09K |
|
EBCRY
OTCGREY:EBCRY
|
$143.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hawaiian Electric Company Inc. PFD SER D 5%'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,378,463,000 to 2,443,403,000, a change of 64,940,000 (2.7%).
- Net income of 195,947,000 contributed positively to equity growth.
- Dividend payments of 130,995,000 reduced retained earnings.
- Share repurchases of 2,371,000 reduced equity.
- Other comprehensive income decreased equity by 12,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $195.95 Million | +8.02% |
| Dividends Paid | $131.00 Million | -5.36% |
| Share Repurchases | $2.37 Million | -0.1% |
| Other Comprehensive Income | $-12.00K | -0.0% |
| Other Changes | $2.37 Million | +0.1% |
| Total Change | $- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares Hawaiian Electric Company Inc. PFD SER D 5%'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.23x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $12.12 | $14.85 | x |
| 1995-12-31 | $12.50 | $14.85 | x |
| 1996-12-31 | $12.53 | $14.85 | x |
| 1997-12-31 | $12.84 | $14.85 | x |
| 1998-12-31 | $12.87 | $14.85 | x |
| 1999-12-31 | $13.12 | $14.85 | x |
| 2000-12-31 | $12.83 | $14.85 | x |
| 2001-12-31 | $12.92 | $14.85 | x |
| 2002-12-31 | $14.39 | $14.85 | x |
| 2003-12-31 | $14.57 | $14.85 | x |
| 2004-12-31 | $15.19 | $14.85 | x |
| 2005-12-31 | $14.98 | $14.85 | x |
| 2006-12-31 | $13.46 | $14.85 | x |
| 2007-12-31 | $15.47 | $14.85 | x |
| 2008-12-31 | $16.40 | $14.85 | x |
| 2009-12-31 | $15.75 | $14.85 | x |
| 2010-12-31 | $15.84 | $14.85 | x |
| 2011-12-31 | $15.99 | $14.85 | x |
| 2012-12-31 | $16.37 | $14.85 | x |
| 2013-12-31 | $17.34 | $14.85 | x |
| 2014-12-31 | $17.40 | $14.85 | x |
| 2015-12-31 | $18.06 | $14.85 | x |
| 2016-12-31 | $19.08 | $14.85 | x |
| 2017-12-31 | $19.25 | $14.85 | x |
| 2018-12-31 | $19.81 | $14.85 | x |
| 2019-12-31 | $20.84 | $14.85 | x |
| 2020-12-31 | $19.90 | $14.85 | x |
| 2021-12-31 | $20.95 | $14.85 | x |
| 2022-12-31 | $21.67 | $14.85 | x |
| 2023-12-31 | $22.21 | $14.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hawaiian Electric Company Inc. PFD SER D 5% utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.99%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.10x
- Recent ROE (8.02%) is below the historical average (9.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 10.70% | 6.14% | 0.23x | 7.59x | $4.79 Million |
| 1995 | 10.62% | 5.98% | 0.23x | 7.68x | $4.54 Million |
| 1996 | 10.18% | 5.58% | 0.24x | 7.68x | $1.41 Million |
| 1997 | 10.61% | 5.90% | 0.18x | 9.76x | $4.93 Million |
| 1998 | 10.25% | 5.71% | 0.18x | 9.91x | $2.10 Million |
| 1999 | 11.43% | 6.36% | 0.18x | 9.78x | $12.14 Million |
| 2000 | 5.45% | 2.66% | 0.20x | 10.09x | $-38.16 Million |
| 2001 | 10.19% | 6.96% | 0.54x | 2.72x | $1.66 Million |
| 2002 | 11.30% | 7.15% | 0.19x | 8.48x | $13.59 Million |
| 2003 | 10.48% | 6.41% | 0.19x | 8.45x | $5.27 Million |
| 2004 | 9.06% | 5.70% | 0.20x | 7.94x | $-11.44 Million |
| 2005 | 10.41% | 5.72% | 0.22x | 8.18x | $5.03 Million |
| 2006 | 9.86% | 4.39% | 0.25x | 9.03x | $-1.52 Million |
| 2007 | 6.65% | 3.34% | 0.25x | 8.07x | $-42.76 Million |
| 2008 | 6.50% | 2.80% | 0.35x | 6.69x | $-48.67 Million |
| 2009 | 5.76% | 3.59% | 0.26x | 6.19x | $-61.15 Million |
| 2010 | 7.78% | 4.33% | 0.29x | 6.12x | $-32.94 Million |
| 2011 | 9.15% | 4.32% | 0.34x | 6.26x | $-13.07 Million |
| 2012 | 8.82% | 4.16% | 0.33x | 6.37x | $-18.84 Million |
| 2013 | 9.46% | 5.05% | 0.31x | 5.99x | $-9.30 Million |
| 2014 | 9.50% | 5.25% | 0.29x | 6.24x | $-8.93 Million |
| 2015 | 8.39% | 6.21% | 0.22x | 6.12x | $-31.00 Million |
| 2016 | 12.10% | 10.51% | 0.19x | 6.01x | $43.47 Million |
| 2017 | 7.97% | 6.54% | 0.20x | 6.25x | $-42.55 Million |
| 2018 | 9.42% | 7.12% | 0.22x | 6.06x | $-12.56 Million |
| 2019 | 9.64% | 7.65% | 0.21x | 6.03x | $-8.25 Million |
| 2020 | 7.87% | 7.56% | 0.35x | 2.97x | $-46.29 Million |
| 2021 | 7.82% | 7.07% | 0.39x | 2.83x | $-49.98 Million |
| 2022 | 8.03% | 5.10% | 0.57x | 2.77x | $-46.92 Million |
| 2023 | 8.02% | 5.99% | 0.43x | 3.10x | $-48.39 Million |
Industry Comparison
This section compares Hawaiian Electric Company Inc. PFD SER D 5%'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $29,913,979,921
- Average return on equity (ROE) among peers: 2131172.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hawaiian Electric Company Inc. PFD SER D 5% (HAWEM) | $1.14 Billion | 10.70% | 5.61x | $143.20K |
| Arçelik Anonim Sirketi (ACKAF) | $4.68 Billion | 19.06% | 1.94x | $21.76K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $6.65 Billion | 0.79% | 0.01x | $248.88K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $298.81 Million | 183.48% | 2.01x | $53.62 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $134.74 Billion | 2.94% | 1.90x | $79.84K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $15.87 Billion | 23.38% | 1.08x | $9.29 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.45 Million | 1.18% | 7.09x | $0.92 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $229.40K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $6.19 Billion | 4.78% | 1.92x | $145.08K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $225.70 | 21311475.41% | 3.97x | $234.24K |