Hawaiian Electric Industries annual debt-to-assets ratio
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2025
Hawaiian Electric Industries Debt-to-Assets Ratio Growth & History (HE)
Hawaiian Electric Industries's debt-to-assets ratio was 0.32 for fiscal 2025.
View full Hawaiian Electric Industries company overviewHawaiian Electric Industries annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.32 | −0.04 | −11.81% |
| 2024 | 2024-12-31 | 0.36 | −0.06 | −14.89% |
| 2023 | 2023-12-31 | 0.43 | 0.27 | +170.81% |
| 2022 | 2022-12-31 | 0.16 | 0.00 | +1.18% |
| 2021 | 2021-12-31 | 0.16 | 0.00 | +2.28% |
| 2020 | 2020-12-31 | 0.15 | −0.01 | −3.49% |
| 2019 | 2019-12-31 | 0.16 | 0.01 | +9.75% |
| 2018 | 2018-12-31 | 0.14 | 0.01 | +6.78% |
| 2017 | 2017-12-31 | 0.13 | −0.00 | −1.41% |
| 2016 | 2016-12-31 | 0.14 | 0.00 | +1.71% |
| 2015 | 2015-12-31 | 0.13 | −0.00 | −0.61% |
| 2014 | 2014-12-31 | 0.13 | −0.01 | −6.64% |
| 2013 | 2013-12-31 | 0.14 | 0.00 | +2.98% |
| 2012 | 2012-12-31 | 0.14 | 0.00 | +0.38% |
| 2011 | 2011-12-31 | 0.14 | −0.01 | −7.01% |
| 2010 | 2010-12-31 | 0.15 | −0.00 | −1.78% |
| 2009 | 2009-12-31 | 0.15 | — | — |
Hawaiian Electric Industries quarterly debt-to-assets ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.33 | 0.04 | +14.41% |
| Q1 2026 | 2026-03-31 | 0.32 | 0.00 | +0.09% |
| Q4 2025 | 2025-12-31 | 0.32 | −0.04 | −11.81% |
| Q3 2025 | 2025-09-30 | 0.32 | 0.13 | +70.20% |
| Q2 2025 | 2025-06-30 | 0.29 | 0.09 | +47.18% |
| Q1 2025 | 2025-03-31 | 0.32 | 0.12 | +62.77% |
| Q4 2024 | 2024-12-31 | 0.36 | −0.06 | −14.89% |
| Q3 2024 | 2024-09-30 | 0.19 | 0.00 | +1.68% |
| Q2 2024 | 2024-06-30 | 0.20 | 0.03 | +16.35% |
| Q1 2024 | 2024-03-31 | 0.19 | 0.03 | +18.75% |
| Q4 2023 | 2023-12-31 | 0.43 | 0.27 | +170.81% |
| Q3 2023 | 2023-09-30 | 0.19 | 0.03 | +16.45% |
| Q2 2023 | 2023-06-30 | 0.17 | 0.01 | +8.42% |
| Q1 2023 | 2023-03-31 | 0.16 | 0.01 | +5.46% |
| Q4 2022 | 2022-12-31 | 0.16 | 0.00 | +1.18% |
| Q3 2022 | 2022-09-30 | 0.16 | 0.01 | +5.38% |
| Q2 2022 | 2022-06-30 | 0.16 | 0.00 | +0.94% |
| Q1 2022 | 2022-03-31 | 0.16 | −0.00 | −0.93% |
| Q4 2021 | 2021-12-31 | 0.16 | 0.00 | +2.28% |
| Q3 2021 | 2021-09-30 | 0.15 | −0.00 | −1.34% |
| Q2 2021 | 2021-06-30 | 0.16 | −0.00 | −0.45% |
| Q1 2021 | 2021-03-31 | 0.16 | −0.01 | −4.66% |
| Q4 2020 | 2020-12-31 | 0.15 | −0.01 | −3.49% |
| Q3 2020 | 2020-09-30 | 0.15 | −0.00 | −0.56% |
| Q2 2020 | 2020-06-30 | 0.16 | 0.00 | +0.20% |
| Q1 2020 | 2020-03-31 | 0.16 | 0.01 | +3.43% |
| Q4 2019 | 2019-12-31 | 0.16 | 0.01 | +9.75% |
| Q3 2019 | 2019-09-30 | 0.16 | 0.02 | +12.47% |
| Q2 2019 | 2019-06-30 | 0.16 | 0.02 | +12.62% |
| Q1 2019 | 2019-03-31 | 0.16 | 0.03 | +19.79% |
| Q4 2018 | 2018-12-31 | 0.14 | 0.01 | +6.78% |
| Q3 2018 | 2018-09-30 | 0.14 | 0.01 | +8.68% |
| Q2 2018 | 2018-06-30 | 0.14 | 0.01 | +8.53% |
| Q1 2018 | 2018-03-31 | 0.13 | 0.00 | +2.73% |
| Q4 2017 | 2017-12-31 | 0.13 | −0.00 | −1.41% |
| Q3 2017 | 2017-09-30 | 0.13 | −0.00 | −1.88% |
| Q2 2017 | 2017-06-30 | 0.13 | −0.00 | −3.25% |
| Q1 2017 | 2017-03-31 | 0.13 | −0.00 | −2.96% |
| Q4 2016 | 2016-12-31 | 0.14 | 0.00 | +1.71% |
| Q3 2016 | 2016-09-30 | 0.13 | −0.00 | −0.56% |
| Q2 2016 | 2016-06-30 | 0.13 | 0.00 | +0.08% |
| Q1 2016 | 2016-03-31 | 0.13 | −0.00 | −0.49% |
| Q4 2015 | 2015-12-31 | 0.13 | −0.00 | −0.61% |
| Q3 2015 | 2015-09-30 | 0.13 | −0.01 | −8.49% |
| Q2 2015 | 2015-06-30 | 0.13 | −0.01 | −7.89% |
| Q1 2015 | 2015-03-31 | 0.13 | −0.01 | −6.39% |
| Q4 2014 | 2014-12-31 | 0.13 | −0.01 | −6.64% |
| Q3 2014 | 2014-09-30 | 0.14 | 0.01 | +4.27% |
| Q2 2014 | 2014-06-30 | 0.14 | 0.00 | +2.87% |
| Q1 2014 | 2014-03-31 | 0.14 | 0.00 | +3.32% |
| Q4 2013 | 2013-12-31 | 0.14 | 0.00 | +2.98% |
| Q3 2013 | 2013-09-30 | 0.14 | −0.01 | −5.49% |
| Q2 2013 | 2013-06-30 | 0.14 | −0.01 | −4.52% |
| Q1 2013 | 2013-03-31 | 0.14 | 0.01 | +3.77% |
| Q4 2012 | 2012-12-31 | 0.14 | 0.00 | +0.38% |
| Q3 2012 | 2012-09-30 | 0.14 | −0.00 | −0.20% |
| Q2 2012 | 2012-06-30 | 0.15 | −0.01 | −6.59% |
| Q1 2012 | 2012-03-31 | 0.13 | −0.02 | −15.60% |
| Q4 2011 | 2011-12-31 | 0.14 | −0.01 | −7.01% |
| Q3 2011 | 2011-09-30 | 0.14 | −0.01 | −5.73% |
| Q2 2011 | 2011-06-30 | 0.16 | 0.00 | +1.39% |
| Q1 2011 | 2011-03-31 | 0.16 | — | — |
| Q4 2010 | 2010-12-31 | 0.15 | −0.00 | −1.78% |
| Q3 2010 | 2010-09-30 | 0.15 | — | — |
| Q2 2010 | 2010-06-30 | 0.15 | — | — |
| Q4 2009 | 2009-12-31 | 0.15 | — | — |
Hawaiian Electric Industries debt-to-assets ratio trends
Over the last five fiscal years, Hawaiian Electric Industries's debt-to-assets ratio increased from 0.15 to 0.32, a change of 0.17. The latest reported quarter, Q2 2026, shows 0.33.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hawaiian Electric Industries source filings ↗