Hawaiian Electric Industries Inc
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility business in the United States. It operates through Electric Utility and Other segments. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai. This segment's renewable energy… Read more
Hawaiian Electric Industries Inc (HE) - Total Assets
Latest total assets as of September 2025: $8.81 Billion USD
Based on the latest financial reports, Hawaiian Electric Industries Inc (HE) holds total assets worth $8.81 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hawaiian Electric Industries Inc - Total Assets Trend (1994–2024)
This chart illustrates how Hawaiian Electric Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hawaiian Electric Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Hawaiian Electric Industries Inc's total assets of $8.81 Billion consist of 23.9% current assets and 76.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $750.53 Million | 13.9% |
| Accounts Receivable | $457.17 Million | 5.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $6.20 Billion | 69.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Hawaiian Electric Industries Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hawaiian Electric Industries Inc's current assets represent 23.9% of total assets in 2024, a decrease from 63.7% in 1994.
- Cash Position: Cash and equivalents constituted 13.9% of total assets in 2024, up from 1.7% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 37.0% in 1994.
- Asset Diversification: The largest asset category is property, plant & equipment at 69.4% of total assets.
Hawaiian Electric Industries Inc Competitors by Total Assets
Key competitors of Hawaiian Electric Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Energy Group Co Ltd
SHE:000027
|
China | CN¥170.98 Billion |
|
Shenzhen Nanshan Power Co Ltd
SHE:000037
|
China | CN¥2.01 Billion |
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
China | CN¥18.55 Billion |
|
An Hui Wenergy Co Ltd
SHE:000543
|
China | CN¥68.20 Billion |
|
Jointo Energy Investment Co Ltd Hebei
SHE:000600
|
China | CN¥48.23 Billion |
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
China | CN¥13.13 Billion |
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
China | CN¥1.62 Billion |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
China | CN¥58.81 Billion |
Hawaiian Electric Industries Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Hawaiian Electric Industries Inc generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hawaiian Electric Industries Inc is currently not profitable relative to its asset base.
Hawaiian Electric Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.35 | 5.56 | 1.96 |
| Quick Ratio | 1.35 | 5.56 | 2.04 |
| Cash Ratio | 0.39 | 3.79 | 0.00 |
| Working Capital | $492.96 Million | $ 1.39 Billion | $ 322.02 Million |
Hawaiian Electric Industries Inc - Advanced Valuation Insights
This section examines the relationship between Hawaiian Electric Industries Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.86 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -48.2% |
| Total Assets | $8.93 Billion |
| Market Capitalization | $2.34 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hawaiian Electric Industries Inc's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hawaiian Electric Industries Inc's assets decreased by 48.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hawaiian Electric Industries Inc (1994–2024)
The table below shows the annual total assets of Hawaiian Electric Industries Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.93 Billion | -48.21% |
| 2023-12-31 | $17.24 Billion | +3.55% |
| 2022-12-31 | $16.65 Billion | +3.66% |
| 2021-12-31 | $16.07 Billion | +5.43% |
| 2020-12-31 | $15.24 Billion | +10.86% |
| 2019-12-31 | $13.75 Billion | +3.58% |
| 2018-12-31 | $13.27 Billion | +4.65% |
| 2017-12-31 | $12.68 Billion | +1.46% |
| 2016-12-31 | $12.50 Billion | +5.49% |
| 2015-12-31 | $11.85 Billion | +5.38% |
| 2014-12-31 | $11.24 Billion | +8.13% |
| 2013-12-31 | $10.40 Billion | +1.92% |
| 2012-12-31 | $10.20 Billion | +5.73% |
| 2011-12-31 | $9.65 Billion | +3.36% |
| 2010-12-31 | $9.33 Billion | +1.72% |
| 2009-12-31 | $9.18 Billion | -4.08% |
| 2008-12-31 | $9.57 Billion | -9.25% |
| 2007-12-31 | $10.54 Billion | +3.64% |
| 2006-12-31 | $10.17 Billion | +2.21% |
| 2005-12-31 | $9.95 Billion | +2.39% |
| 2004-12-31 | $9.72 Billion | +5.63% |
| 2003-12-31 | $9.20 Billion | +3.00% |
| 2002-12-31 | $8.93 Billion | +4.88% |
| 2001-12-31 | $8.52 Billion | +255.97% |
| 2000-12-31 | $2.39 Billion | -71.14% |
| 1999-12-31 | $8.29 Billion | +1.12% |
| 1998-12-31 | $8.20 Billion | +3.19% |
| 1997-12-31 | $7.95 Billion | +33.87% |
| 1996-12-31 | $5.94 Billion | +5.93% |
| 1995-12-31 | $5.60 Billion | +8.29% |
| 1994-12-31 | $5.17 Billion | -- |