HAWLI.PFD (Hawaiian Electric Co) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Hawaiian Electric Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Hawaiian Electric Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

Hawaiian Electric Co's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.31). It may suggest that Hawaiian Electric Co is progressively becoming less dependent on debt to grow their business.

Hawaiian Electric Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hawaiian Electric Co's LT-Debt-to-Total-Asset can be seen below:

* 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.

* Premium members only.

Hawaiian Electric Co LT-Debt-to-Total-Asset Chart

Hawaiian Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.26

0.32

0.31

Hawaiian Electric Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.31	0.32	0.31	0.31

Hawaiian Electric Co LT-Debt-to-Total-Asset Calculation

Hawaiian Electric Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2328.974	/	7613.604
	=	0.31

Hawaiian Electric Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2328.974	/	7613.604
	=	0.31

Hawaiian Electric Co (OTCPK:HAWLI.PFD) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Hawaiian Electric Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Hawaiian Electric Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hawaiian Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hawaiian Electric Co Inc (OTCPK:HAWLI.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HAWLN.PFD:USA HAWLM.PFD:USA HAWLL.PFD:USA HAWEN.PFD:USA HAWEM.PFD:USA HAWEL.PFD:USA

Address

1099 Alakea Street, Suite 2200, Honolulu, HI, USA, 96813

Website

https://www.hawaiianelectric.com

Hawaiian Electric Co Inc operates in the electric utility division. The Company offers products and services, such as electric vehicles, save energy and money, business account services, customer renewable programs, demand response and maui solar water heating financing, producing, purchasing, distributing and selling of electricity on the islands of Oahu; Hawaii and Maui, Lanai and Molokai. It serves various suburban communities, resorts, U.S. Armed Forces installations, and agricultural operations.

Hawaiian Electric Co Headlines

No Headlines