Hawaiian Electric Industries, Inc. (HE)

HE Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,160	679.55	199.88	305.55	341.42	196.81
Trading Asset Securities	0.07	0.09	0.01	0.64	4.54	0.3
Accounts Receivable	6,499	6,682	6,419	5,484	5,514	5,369
Restricted Cash	13.65	15.03	5.05	5.91	17.56	30.87
Other Current Assets	59.85	68.45	52.29	66.66	30.44	30.71
Total Current Assets	7,735	7,460	6,677	5,873	5,936	5,640
Property, Plant & Equipment	6,381	6,245	5,803	5,514	5,419	5,309
Regulatory Assets	254.41	226.35	190.24	498.88	736.27	684.37
Goodwill	-	82.19	82.19	82.19	82.19	82.19
Long-Term Investments	2,243	2,450	2,461	2,936	2,105	1,242
Other Long-Term Assets	1,118	780.4	1,071	917.83	725.29	788.02
Total Assets	17,731	17,244	16,284	15,823	15,004	13,745
Accounts Payable	255.63	247.46	251.46	205.54	182.35	220.63
Accrued Expenses	50.08	51.21	21.33	19.89	23.55	24.94
Short-Term Debt	520	-	172.57	54	219.05	300.82
Current Income Taxes Payable	-	303.23	316.95	337.3	360.43	386.99
Other Current Liabilities	25.68	4,926	4,171	4,321	3,796	2,972
Total Current Liabilities	851.39	5,528	4,933	4,937	4,581	3,905
Long-Term Debt	2,837	3,592	3,080	2,410	2,119	1,964
Long-Term Leases	532.87	442.94	175.31	136.76	160.43	199.57
Long-Term Unearned Revenue	-	6	10.43	0.25	1.96	16.37
Pension & Post-Retirement Benefits	83.01	254.3	153.76	399.81	597.2	534.99
Long-Term Deferred Tax Liabilities	-	297.95	262.46	384.76	395.09	379.32
Other Long-Term Liabilities	11,816	4,743	5,432	5,128	4,777	4,431
Total Liabilities	16,120	14,865	14,047	13,397	12,632	11,431
Common Stock	2,266	1,707	1,693	1,685	1,678	1,678
Retained Earnings	-431.04	926.72	845.83	757.92	660.4	622.04
Comprehensive Income & Other	-258.2	-289.35	-336.03	-52.53	-1.26	-20.04
Total Common Equity	1,577	2,345	2,202	2,391	2,338	2,280
Minority Interest	34.29	34.29	34.29	34.29	34.29	34.29
Shareholders' Equity	1,611	2,379	2,237	2,425	2,372	2,315
Total Liabilities & Equity	17,731	17,244	16,284	15,823	15,004	13,745
Total Debt	3,889	4,035	3,428	2,601	2,499	2,465
Net Cash (Debt)	-2,730	-3,356	-3,228	-2,295	-2,153	-2,268
Net Cash Per Share	-24.53	-30.50	-29.41	-20.94	-19.68	-20.73
Filing Date Shares Outstanding	172.47	110.15	109.47	109.31	109.18	108.97
Total Common Shares Outstanding	172.47	110.15	109.47	109.31	109.18	108.97
Working Capital	6,884	1,932	1,744	935.94	1,355	1,734
Book Value Per Share	9.14	21.29	20.12	21.87	21.41	20.92
Tangible Book Value	1,577	2,263	2,120	2,309	2,255	2,198
Tangible Book Value Per Share	9.14	20.54	19.37	21.12	20.66	20.17
Land	-	107	109.38	102.91	103.43	100.16
Machinery	-	8,696	8,428	8,086	7,851	7,545
Construction In Progress	-	322.11	293.05	231.5	214.27	229.95

Source: S&P Capital IQ. Utility template. Financial Sources.