Hawaiian Electric Indus''s Return on Invested Capital Insights
According to Benzinga Pro data Hawaiian Electric Indus (NYSE: HE ) posted a 23.87% decrease in earnings from Q1. Sales, however, increased by 14.08% over the previous quarter to $895.61 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Hawaiian Electric Indus is not utilizing their capital as effectively as possible. In Q1, Hawaiian Electric Indus earned $69.64 million and total sales reached $785.07 million. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a … Full story available on Benzinga.com
Hawaiian Electric Indus''s Return on Invested Capital Insights
According to Benzinga Pro data Hawaiian Electric Indus (NYSE: HE ) posted a 23.87% decrease in earnings from Q1. Sales, however, increased by 14.08% over the previous quarter to $895.61 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Hawaiian Electric Indus is not utilizing their capital as effectively as possible. In Q1, Hawaiian Electric Indus earned $69.64 million and total sales reached $785.07 million. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a … Full story available on Benzinga.com