Hawaiian Income Tax Expense from 2010 to 2024

HE Stock  USD 10.61  0.11  1.05%   
Hawaiian Electric's Income Tax Expense is decreasing over the years with very volatile fluctuation. Income Tax Expense is expected to dwindle to about 44.2 M. During the period from 2010 to 2024 Hawaiian Electric Income Tax Expense annual values regression line had coefficient of variation of  58.61 and r-squared of  0. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
-447.3 M
Current Value
-45.3 M
Quarterly Volatility
40.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hawaiian Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hawaiian Electric's main balance sheet or income statement drivers, such as Interest Expense of 126.3 M, Total Revenue of 2.2 B or Gross Profit of 383.5 M, as well as many indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0492 or PTB Ratio of 1.28. Hawaiian financial statements analysis is a perfect complement when working with Hawaiian Electric Valuation or Volatility modules.
  
Check out the analysis of Hawaiian Electric Correlation against competitors.

Latest Hawaiian Electric's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Hawaiian Electric Industries over the last few years. It is Hawaiian Electric's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hawaiian Electric's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Hawaiian Income Tax Expense Regression Statistics

Arithmetic Mean64,801,469
Coefficient Of Variation58.61
Mean Deviation26,845,696
Median62,807,000
Standard Deviation37,980,368
Sample Variance1442.5T
Range162.7M
R-Value(0.03)
Mean Square Error1551.8T
R-Squared0
Significance0.91
Slope(280,628)
Total Sum of Squares20195.1T

Hawaiian Income Tax Expense History

202444.2 M
202344.6 M
202261.2 M
202162.8 M
202040.9 M
201951.6 M
201850.8 M

About Hawaiian Electric Financial Statements

Hawaiian Electric stakeholders use historical fundamental indicators, such as Hawaiian Electric's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Hawaiian Electric investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hawaiian Electric's assets and liabilities are reflected in the revenues and expenses on Hawaiian Electric's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hawaiian Electric Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense44.6 M44.2 M

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Check out the analysis of Hawaiian Electric Correlation against competitors.
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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Earnings Share
(11.72)
Revenue Per Share
33.159
Quarterly Revenue Growth
0.04
Return On Assets
(0.12)
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.