Event-Driven Stocks

HAWAIIAN ELECTRIC INDUSTRIES INC

HENYSE

Utilities · Electric Services · HI · SEC filings ↗ · Compare ⊕

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Signs● 3 good● 2 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$3.08B$3.18B$3.25B$3.47B$2.52B$2.27B
Operating income$235.3M−$1.71B$275.0M$279.6M$386.1M$311.5M
Net income$126.3M−$1.42B$201.1M$243.0M$248.1M$199.7M
Total assets$8.92B$8.93B$7.68B$16.28B$15.82B$15.00B
Total liabilities$7.32B$7.42B$14.86B$14.05B$13.40B$12.63B
Equity$1.61B$1.48B$2.34B$2.20B$2.39B$2.34B
EPS (diluted)$0.71$-11.23$1.81$2.20$2.25$1.81
Shares out.172.5M110.2M109.5M109.3M109.2M109.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
7.7%
Net margin
4.1%
Return on equity
7.9%
Return on assets
1.4%
Return on capital (ROCE)
3.1%
Liabilities / assets
82.0%
Debt / equity
4.56×
Book value / share
$9.31
Revenue growth (YoY)
−3.3%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
0.50distress
Accruals / assets
−3.0%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 2 warning● 3 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202617.8M7.3-4.1%
Apr 30, 202618.6M11.9+6.1%
Apr 15, 202617.5M12.3+1.1%
Mar 31, 202617.3M6.4-15.7%
Mar 13, 202620.5M8.0-3.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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