Company Information

  

Address: 1001 BISHOP STREET, SUITE 2900  
City: HONOLULU 
State: HI 
Zip Code: 96813 
Telephone: 808-543-5662 

Description of Business

Primary SIC Code: 4911
(As filed with the SEC)  

HEI and subsidiaries and lines of business. HEI was incorporated in 1981 under the laws of the State of Hawaii and is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. HEI's predecessor, Hawaiian Electric, was incorporated under the laws of the Kingdom of Hawaii (now the State of Hawaii) on October 13, 1891. As a result of a 1983 corporate reorganization, Hawaiian Electric became an HEI subsidiary and common shareholders of Hawaiian Electric became common shareholders of HEI. Hawaiian Electric and its operating utility subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric), are regulated electric public utilities.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20172.260.31014.33
03/20172.310.31014.42
12/20162.290.31014.44
09/20162.270.31013.15
06/20161.580.31020.75
03/20161.490.31021.74
12/20151.500.31019.30
09/20151.430.31020.06

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.15Total Liab/Total Assets0.83
Net Inc/Total Assets0.02Total Liab/Inv Cap1.63
Net Inc/Inv Cap0.04Total Liab/Comm Equity6.22
Pretax Inc/Net Sales0.16Interest Coverage Ratio5.93
Net Inc/Net Sales0.11Curr Debt/Equity0.09
Cash Flow/Net Sales0.21LTD/Equity0.78
SG&A/NetSales0.09Total Debt/Equity0.88
Asset Utilization   Liquidity  
Net Receivables Turnover0.49Quick Ratio1.07
Inventory TurnoverNACurrent Ratio1.07
Inventory Day SalesNANet Rec/Curr Assets0.78
Net Sales/Work Cap5.86Inv/Curr AssetsNA
Net Sales/PP&E0.52  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 632.28 591.56 617.40 646.06
Cost of Goods Sold 501.83 469.67 476.02 482.44
Selling & Admin Exps 54.56 54.03 52.94 58.17
Operating Income 75.90 67.86 88.43 105.44
Interest Exp 20.44 19.57 19.01 19.37
Pretax Income 59.63 51.58 72.60 179.21
Other Income 4.17 3.29 3.18 93.13
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 39.13 34.67 45.11 127.61

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 1,524.97 1,474.86 1,394.85 1,292.56
Receivables - Total 4,937.82 4,921.69 4,921.11 4,925.98
Inventories - Total NA NA NA NA
Total Current Assets 6,462.79 6,396.55 6,315.96 6,218.53
Net Property, Plant & Equipment 4,726.52 4,641.51 4,603.47 4,532.56
Total Assets 12,693.81 12,543.28 12,425.51 12,198.99
Liabilities        
Accounts Payable 216.88 188.23 168.50 161.29
Debt in Current Liabilities 237.92 202.45 192.62 265.39
Total Current Liabilities 6,179.18 6,065.77 5,910.05 5,807.40
Long-Term Debt 1,618.65 1,618.65 1,619.02 1,579.07
Total Liabilities 10,584.48 10,443.39 10,324.46 10,096.30
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 1,660.40 1,658.28 1,660.91 1,657.42
Retained Earnings 444.40 439.45 438.97 427.99
Treasury Stock NA NA NA NA
Total Stockholders' Equity 2,075.03 2,065.59 2,066.75 2,068.39
Total Liabilities and Stockholders' Equity 12,659.51 12,508.98 12,391.21 12,164.69

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 92.09 93.93 86.35 183.06
Net Cash Provided by Investing Activities -168.02 -231.42 -200.72 -150.76
Net Cash Provided by Financing Activities 52.08 93.27 108.47 -5.15

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20123,375.00140.551.42
12/20133,238.47163.601.62
12/20143,239.54170.021.64
12/20152,602.98161.771.50
12/20162,380.65250.152.29
Growth Rates-8.3615.5012.69

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1726954,20149.82




Report Date : 10/23/2017

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