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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	550.41	679.55	199.88	305.55	341.42	196.81
Trading Asset Securities	0.09	0.09	0.01	0.64	4.54	0.3
Accounts Receivable	6,439	6,682	6,419	5,484	5,514	5,369
Restricted Cash	16.42	15.03	5.05	5.91	17.56	30.87
Other Current Assets	79.28	68.45	52.29	66.66	30.44	30.71
Total Current Assets	7,100	7,460	6,677	5,873	5,936	5,640
Property, Plant & Equipment	6,386	6,245	5,803	5,514	5,419	5,309
Regulatory Assets	243.14	226.35	190.24	498.88	736.27	684.37
Goodwill	-	82.19	82.19	82.19	82.19	82.19
Long-Term Investments	2,241	2,450	2,461	2,936	2,105	1,242
Other Long-Term Assets	1,086	780.4	1,071	917.83	725.29	788.02
Total Assets	17,055	17,244	16,284	15,823	15,004	13,745
Accounts Payable	248.67	247.46	251.46	205.54	182.35	220.63
Accrued Expenses	34.53	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	24.11	4,926	4,171	4,321	3,796	2,972
Total Current Liabilities	827.3	5,528	4,933	4,937	4,581	3,905
Long-Term Debt	2,838	3,592	3,080	2,410	2,119	1,964
Long-Term Leases	537.93	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	82.79	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	11,650	4,743	5,432	5,128	4,777	4,431
Total Liabilities	15,936	14,865	14,047	13,397	12,632	11,431
Common Stock	1,709	1,707	1,693	1,685	1,678	1,678
Retained Earnings	-326.64	926.72	845.83	757.92	660.4	622.04
Comprehensive Income & Other	-297.56	-289.35	-336.03	-52.53	-1.26	-20.04
Total Common Equity	1,085	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	1,120	2,379	2,237	2,425	2,372	2,315
Total Liabilities & Equity	17,055	17,244	16,284	15,823	15,004	13,745
Total Debt	3,896	4,035	3,428	2,601	2,499	2,465
Net Cash (Debt)	-3,346	-3,356	-3,228	-2,295	-2,153	-2,268
Net Cash Per Share	-30.39	-30.50	-29.41	-20.94	-19.68	-20.73
Filing Date Shares Outstanding	110.3	110.15	109.47	109.31	109.18	108.97
Total Common Shares Outstanding	110.3	110.15	109.47	109.31	109.18	108.97
Working Capital	6,272	1,932	1,744	935.94	1,355	1,734
Book Value Per Share	9.84	21.29	20.12	21.87	21.41	20.92
Tangible Book Value	1,085	2,263	2,120	2,309	2,255	2,198
Tangible Book Value Per Share	9.84	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.