Hawaiian Electric Industries (HE) Financials

Hawaiian Electric Industries Inc (HE) is a company engaged in the electric utility industry. It operates through its subsidiaries, Hawaiian Electric Company, and American Savings Bank. The company's income statement shows its financial performance over a specific period. It includes details such as revenues, expenses, and net income. The EBIT, also known as operating income, represents the company's earnings before interest and taxes. EBITDA, an acronym for earnings before interest, taxes, depreciation, and amortization, provides a measure of a company's profitability including non-cash expenses. Gross profit is the difference between sales revenue and the cost of goods sold, indicating a company's profitability after considering direct production costs. Net income from stockholders refers to the portion of profits owned by shareholders after deducting expenses and taxes. The total revenue represents the aggregate amount generated by the company from its operations during a specific period.

The balance sheet of Hawaiian Electric Industries Inc provides a snapshot of its financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity. Cash equivalents refer to highly liquid investments that can be readily converted into cash. Net debt is calculated by subtracting a company's cash and cash equivalents from its total debt. Stockholders' equity represents the residual interest in the company's assets after deducting liabilities. Total assets encompass all of the company's resources that have economic value. Total debt refers to the company's outstanding financial obligations, including short and long-term debt. Total liabilities comprise both current and non-current obligations that the company owes to its creditors. Cash flow statement provides insights into how cash is generated and used by the company. It consists of three sections: operating activities, investing activities, and financing activities. Operating cash flow represents the cash generated from the company's core business operations. Investing cash flow includes cash flows related to the acquisition or sale of long-term assets. Financing cash flow accounts for cash flows associated with raising or repaying capital. Free cash flow is the cash remaining after deducting capital expenditures from operating cash flow. It represents the amount available for distribution to shareholders or reinvestment in the company.