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Hawaiian Electric Industries Stock

Hawaiian Electric Industries ROA 2024

Hawaiian Electric Industries ROA

0.01

Ticker

HE

ISIN

US4198701009

WKN

868056

In 2024, Hawaiian Electric Industries's return on assets (ROA) was 0.01, a -21.96% increase from the 0.01 ROA in the previous year.

Hawaiian Electric Industries Aktienanalyse

What does Hawaiian Electric Industries do?

Hawaiian Electric Industries Inc. is a Hawaii-based company specializing in operating utility companies, energy generation and distribution, and business and management services. The company has been listed on the stock exchange since 1921 and has become a major player in the Hawaiian economy over the years. This company was founded in 1891 as Hawaiian Electric Company to generate electricity and distribute it on the island of Oahu. In 1961, the company was merged into Hawaiian Electric Industries to expand energy generation and distribution on multiple islands in Hawaii. Over the following decades, the company expanded its business and now offers other services such as management services, renewable energy, and participation in ecological projects. The business strategy of Hawaiian Electric Industries aims to provide reliable, cost-effective, and environmentally friendly energy supply. The company produces electricity from a variety of sources, including renewable energy sources such as wind, solar, and geothermal energy. In addition, the company strives to reduce energy consumption on Hawaiian islands through digitization. The company operates three subsidiaries: 1. Hawaiian Electric Company Inc.: The company is primarily engaged in electricity supply on the islands of O'ahu, Maui, and Hawaii. This includes energy grid operation, power plant operation, and energy procurement. 2. American Savings Bank: The second business area of Hawaiian Electric Industries is the banking sector. American Savings Bank offers deposit accounts, loans, automatic checking, and other financial services in Hawaii. 3. Pacific Current: Lastly, Pacific Current invests in renewable energy and manages large investments in the sustainable energy generation sector. The company offers various products and services to support energy supply in Hawaii. Some of these products include: 1. Power supply: Hawaiian Electric Industries generates and distributes electricity on the islands of O'ahu, Maui, Moloka'i, Lana'i, and Hawaii. Power generation is done using renewable energy and fossil fuels. 2. Grid services: Hawaiian Electric Industries provides various energy companies with services such as system management, system integration, and grid operation. 3. Energy savings: As part of the Energy Savings Program, Hawaiian Electric Industries offers energy consulting, financing models for energy efficiency, and energy efficiency improvements. In conclusion, Hawaiian Electric Industries is a major company in Hawaii. The conglomerate operates utility companies and generates energy from renewable sources. Additionally, the company offers banking services and is involved in sustainable energy generation. Hawaiian Electric Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Hawaiian Electric Industries's Return on Assets (ROA)

Hawaiian Electric Industries's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Hawaiian Electric Industries's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Hawaiian Electric Industries's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Hawaiian Electric Industries’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Hawaiian Electric Industries stock

What is the Return on Assets (ROA) of Hawaiian Electric Industries this year?

The Return on Assets (ROA) of Hawaiian Electric Industries is 0.01 undefined this year.

What was the ROA of Hawaiian Electric Industries compared to the previous year?

The ROA of Hawaiian Electric Industries has increased by -21.96% compared to the previous year.

What consequences do high ROA have for investors of Hawaiian Electric Industries?

A high ROA is advantageous for investors of Hawaiian Electric Industries, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Hawaiian Electric Industries?

A low ROA can be unfavorable for investors of Hawaiian Electric Industries as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Hawaiian Electric Industries affect the company?

An increase in ROA of Hawaiian Electric Industries can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Hawaiian Electric Industries impact the company?

A reduction in the ROA of Hawaiian Electric Industries can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Hawaiian Electric Industries?

Some factors that can influence the ROA of Hawaiian Electric Industries include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Hawaiian Electric Industries important for investors?

The ROA of Hawaiian Electric Industries is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Hawaiian Electric Industries take to improve ROA?

To improve ROA, Hawaiian Electric Industries can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Hawaiian Electric Industries pay?

Over the past 12 months, Hawaiian Electric Industries paid a dividend of 1.44 USD . This corresponds to a dividend yield of about 14.74 %. For the coming 12 months, Hawaiian Electric Industries is expected to pay a dividend of 1.5 USD.

What is the dividend yield of Hawaiian Electric Industries?

The current dividend yield of Hawaiian Electric Industries is 14.74 %.

When does Hawaiian Electric Industries pay dividends?

Hawaiian Electric Industries pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Hawaiian Electric Industries?

Hawaiian Electric Industries paid dividends every year for the past 25 years.

What is the dividend of Hawaiian Electric Industries?

For the upcoming 12 months, dividends amounting to 1.5 USD are expected. This corresponds to a dividend yield of 15.31 %.

In which sector is Hawaiian Electric Industries located?

Hawaiian Electric Industries is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Hawaiian Electric Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hawaiian Electric Industries from 9/8/2023 amounting to 0.36 USD, you needed to have the stock in your portfolio before the ex-date on 8/17/2023.

When did Hawaiian Electric Industries pay the last dividend?

The last dividend was paid out on 9/8/2023.

What was the dividend of Hawaiian Electric Industries in the year 2023?

In the year 2023, Hawaiian Electric Industries distributed 1.4 USD as dividends.

In which currency does Hawaiian Electric Industries pay out the dividend?

The dividends of Hawaiian Electric Industries are distributed in USD.

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Andere Kennzahlen von Hawaiian Electric Industries

Our stock analysis for Hawaiian Electric Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hawaiian Electric Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.