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HAWEL.PFD (Hawaiian Electric Co) Retained Earnings : $260.09 Mil (As of Jun. 2024)


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What is Hawaiian Electric Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hawaiian Electric Co's retained earnings for the quarter that ended in Jun. 2024 was $260.09 Mil.

Hawaiian Electric Co's quarterly retained earnings increased from Dec. 2023 ($1,476.26 Mil) to Mar. 2024 ($1,502.48 Mil) but then declined from Mar. 2024 ($1,502.48 Mil) to Jun. 2024 ($260.09 Mil).

Hawaiian Electric Co's annual retained earnings increased from Dec. 2021 ($1,348.28 Mil) to Dec. 2022 ($1,411.31 Mil) and increased from Dec. 2022 ($1,411.31 Mil) to Dec. 2023 ($1,476.26 Mil).


Hawaiian Electric Co Retained Earnings Historical Data

The historical data trend for Hawaiian Electric Co's Retained Earnings 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 Retained Earnings Chart

Hawaiian Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,220.13 1,282.34 1,348.28 1,411.31 1,476.26

Hawaiian Electric Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,439.11 1,450.33 1,476.26 1,502.48 260.09

Hawaiian Electric Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Hawaiian Electric Co  (OTCPK:HAWEL.PFD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hawaiian Electric Co Business Description

Address
900 Richards Street, Honolulu, HI, USA, 96813
Hawaiian Electric Co Inc operates in the electric utility division. The business activity of the group includes 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.
Executives
Paul K Ito officer: SVP, CFO & Treasurer 822 BISHOP STREET, HONOLULU HI 96813
Mary E Kipp director 100 N STANTON, EL PASO TX 79901
Joseph P Viola officer: SVP Cust., Legal & Reg Affairs P.O. BOX 730, HONOLULU HI 96808
Shannon Asato officer: Controller PO BOX 730, HONOLULU HI 96808
Jason E Benn officer: SVP, Chief Information Officer PO BOX 730, HONOLULU HI 96808
Toby B. Taniguchi director P.O. BOX 730, HONOLULU HI 96813
Alana K. Pakkala director P.O. BOX 730, HONOLULU HI 96813
James A Ajello director C/O HEI, P.O. BOX 730, HONOLULU HI 96808
Kevin Michael Burke director C/O P.O. BOX 730, HONOLULU HI 96808
Ronald R. Cox officer: SVP, Operations C/O P.O. BOX 730, HONOLULU HI 96808
Kimura Shelee M.t. officer: SVP, Bus Dev & Strat Planning C/O P.O. BOX 730, HONOLULU HI 96808
Ching Colton K. officer: SVP, Planning & Technology C/O P.O. BOX 730, HONOLULU HI 96808
Seu Scott W.h. officer: SVP, Public Affairs C/O P.O. BOX 730, HONOLULU HI 96808
Richard J Dahl director DOLE FOOD CO, 1 DOLE DRIVE, WESTLAKE CA 91362
Susan A. Li officer: SVP, GC, CCO & CORP SEC C/O HEI, P.O. BOX 730, HONOLULU HI 96808

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