Hawaiian Electric IndustriesHE +2.26%65 Current Ratio is 1.34 as of Mar. 2026, which is 94% below its 10-year median of 20.92. GuruFocus rates HE with a GF Score™ of 65/100 and a GF Value™ of $8.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 508 Utilities - Regulated companies, Hawaiian Electric Industries ranks better than 63.19% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Hawaiian Electric Industries's current ratio for the quarter that ended in Mar. 2026 was 1.34.
Hawaiian Electric Industries has a current ratio of 1.34. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hawaiian Electric Industries's Current Ratio or its related term are showing as below:
HE'
s Current Ratio Range Over the Past 10 Years
Min: 1.07 Med: 20.92 Max: 38.65
Current: 1.34
During the past 13 years, Hawaiian Electric Industries's highest Current Ratio was 38.65. The lowest was 1.07. And the median was 20.92.
HE's Current Ratio is ranked better than 63.19% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs HE: 1.34
Hawaiian Electric Industries (NYSE:HE) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Hawaiian Electric Industries Current Ratio Related Terms
Hawaiian Electric Industries Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hawaiian Electric Industries Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hawaiian Electric Industries's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hawaiian Electric Industries (HE) has a Current Ratio of 1.34 as of Mar. 2026. This is 94% below median its historical median of 20.92. Over the past decade, Hawaiian Electric Industries' Current Ratio has ranged from 1.07 to 38.65. According to the industry distribution chart, Hawaiian Electric Industries ranks #187 out of 508 companies in the Utilities - Regulated industry, placing it in the top 36.8%.
Is Hawaiian Electric Industries' Current Ratio too high?
Hawaiian Electric Industries' current Current Ratio of 1.34 is 94% below median its 10-year median of 20.92. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 38.65. The Utilities - Regulated industry median Current Ratio is 1.08. Hawaiian Electric Industries' value of 1.34 is 24.1% above this industry median. Based on the distribution chart, Hawaiian Electric Industries ranks #187 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hawaiian Electric Industries has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hawaiian Electric Industries' Current Ratio compare to MGEE and IMSR?
According to the Utilities - Regulated industry distribution chart, Hawaiian Electric Industries ranks #187 out of 508 companies for Current Ratio. This puts Hawaiian Electric Industries in the upper half of its industry. The industry median Current Ratio is 1.08. Hawaiian Electric Industries' value of 1.34 is 24.1% above this benchmark. Historically, Hawaiian Electric Industries' own Current Ratio has ranged from 1.07 to 38.65 over the past decade. While the company's 10-year median is 20.92 vs. the industry median of 1.08, Hawaiian Electric Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hawaiian Electric Industries's current Current Ratio of 1.34 is 24.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hawaiian Electric Industries's current Current Ratio is 1.34, which is 94% below median its own 10-year median of 20.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawaiian Electric Industries stock overvalued right now?
Based on GuruFocus' analysis, Hawaiian Electric Industries (HE) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $13.57 — trading 69.2% above its estimated fair value. The current Current Ratio is 1.34, which is 94% below median its 10-year median of 20.92 and 24.1% above the Utilities - Regulated industry median of 1.08. Hawaiian Electric Industries' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Hawaiian Electric Industries (HE), the current Current Ratio is 1.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hawaiian Electric Industries (HE) Overvalued in 2026?
Based on GuruFocus' analysis, Hawaiian Electric Industries stock appears to be overvalued.
The current stock price of $13.57 is trading 69.2% above its estimated GF Value™ of $8.02.
GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.
Key valuation signals for HE:
Current Ratio: 1.34 (94% below median its 10-year median of 20.92)
GF Value™: $8.02 vs. price of $13.57 (69.2% above fair value)
Industry Position: 24.1% above the Utilities - Regulated median (#187 of 508)
No single metric tells the full story. See the HE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
65GF Score
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