Hut Financial Statements From 2010 to 2026

HUT Stock  USD 51.27  5.33  11.60%   
Analyzing historical trends in various income statement and balance sheet accounts from Hut 8's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hut 8's valuation are summarized below:
Gross Profit
85.2 M
Profit Margin
1.1539
Market Capitalization
B
Enterprise Value Revenue
7.9608
Revenue
178.3 M
There are currently one hundred twenty fundamental trends for Hut 8 Corp that can be evaluated and compared over time across competitors. All traders should confirm Hut 8's regular fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 813.9 M in 2026. Enterprise Value is likely to gain to about 1 B in 2026

Hut 8 Total Revenue

196.08 Million

Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.8 M, Interest Expense of 36 M or Selling General Administrative of 88 M, as well as many indicators such as Price To Sales Ratio of 3.75, Dividend Yield of 0.0 or PTB Ratio of 1.54. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
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Hut 8 Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 B1.7 B435.9 M
Slightly volatile
Total Stockholder Equity1.2 B1.1 B291.8 M
Slightly volatile
Cash102.7 M97.8 M30.2 M
Slightly volatile
Cash And Short Term Investments102.7 M97.8 M30.8 M
Slightly volatile
Total Current Assets310.1 M295.4 M99.3 M
Slightly volatile
Common Stock1.1 M1.1 M113.2 M
Slightly volatile
Common Stock Total Equity215.2 M205 M106.6 M
Slightly volatile
Common Stock Shares Outstanding122 M116.2 M29.9 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B1.7 B435.9 M
Slightly volatile
Total Current Liabilities185.9 M177 M44.7 M
Slightly volatile
Net Receivables9.7 M9.3 M2.1 M
Slightly volatile
Net Invested Capital1.5 B1.5 B405.3 M
Slightly volatile
Net Tangible Assets207.1 M386.7 M156 M
Slightly volatile
Property Plant And Equipment Net292.5 M278.6 M93.5 M
Slightly volatile
Accounts Payable9.4 M13 M7.7 M
Slightly volatile
Short Term Investments88.5 M152.8 M47.9 M
Slightly volatile
Other Current Assets100.6 M188.3 M60 M
Slightly volatile
Property Plant Equipment150.9 M143.7 M62.4 M
Slightly volatile
Short and Long Term Debt Total417.4 M397.5 M108.2 M
Slightly volatile
Long Term Debt284.5 M271 M80.2 M
Slightly volatile
Property Plant And Equipment Gross222.8 M338.3 M149.1 M
Slightly volatile
Short and Long Term Debt78.4 M74.7 M22.3 M
Slightly volatile
Capital Stock1.1 M1.1 M189.5 M
Very volatile
Short Term Debt87.5 M83.3 M24.1 M
Slightly volatile
Intangible Assets16 M15.3 M4.7 M
Slightly volatile
Inventory1.711.82.5 M
Pretty Stable
Capital Lease Obligations54.4 M51.8 M13.1 M
Slightly volatile
Other Liabilities181.3 K190.8 K73.8 M
Slightly volatile
Current Deferred Revenue5.1 M5.6 M11.7 M
Slightly volatile
Non Current Liabilities Other1.1 M1.2 M1.3 M
Slightly volatile

Hut 8 Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative88 M83.9 M21.9 M
Slightly volatile
Other Operating Expenses360 M342.9 M93.9 M
Slightly volatile
Selling And Marketing Expenses70.9 M67.5 M32.4 M
Slightly volatile
Cost Of Revenue58.5 M99.7 M34.6 M
Slightly volatile
Interest Income848.7 K1.1 M462.9 K
Slightly volatile
Reconciled Depreciation45 M56.8 M45 M
Very volatile
Minority Interest378.4 K425.7 K464.7 K
Slightly volatile

Hut 8 Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow18.6 M35.6 M17.1 M
Slightly volatile
End Period Cash Flow49.3 M46.9 M21.2 M
Slightly volatile
Depreciation39.1 M56.8 M22.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.753.767.7443
Slightly volatile
PTB Ratio1.542.591.9066
Pretty Stable
Days Sales Outstanding4.993.944.87
Pretty Stable
Book Value Per Share11.2411.83150
Very volatile
Average PayablesM7.8 M4.3 M
Slightly volatile
Capex To Depreciation9.56.165.1017
Very volatile
PB Ratio1.542.591.9066
Pretty Stable
Inventory Turnover28.6 M27.3 M6.9 M
Slightly volatile
Days Of Inventory On Hand0.00.094.3626
Slightly volatile
Payables Turnover8.398.8320.4858
Very volatile
Sales General And Administrative To Revenue0.09280.09770.1817
Slightly volatile
Average Inventory137.3 K144.5 K4.7 M
Slightly volatile
Capex To Revenue0.430.450.7669
Very volatile
Cash Per Share0.971.03131
Very volatile
Days Payables Outstanding51.9554.69188
Very volatile
Intangibles To Total Assets0.02660.03930.0197
Slightly volatile
Current Ratio1.821.927.8993
Slightly volatile
Tangible Book Value Per Share10.4811.03150
Very volatile
Receivables Turnover11895.8298.1286
Pretty Stable
Graham Number30.9532.58800
Slightly volatile
Shareholders Equity Per Share11.1911.78160
Very volatile
Debt To Equity0.440.410.3196
Pretty Stable
Capex Per Share3.033.19274
Very volatile
Average Receivables5.9 M5.6 M1.6 M
Slightly volatile
Revenue Per Share7.78.138.3902
Very volatile
Interest Debt Per Share3.723.541.9826
Slightly volatile
Debt To Assets0.250.260.208
Pretty Stable
Operating Cycle4.795.0499.2855
Slightly volatile
Price Book Value Ratio1.542.591.9066
Pretty Stable
Days Of Payables Outstanding51.9554.69188
Very volatile
Company Equity Multiplier1.91.791.661
Very volatile
Long Term Debt To Capitalization0.210.220.1031
Slightly volatile
Total Debt To Capitalization0.290.30.2263
Slightly volatile
Debt Equity Ratio0.440.410.3196
Pretty Stable
Quick Ratio1.821.927.8176
Slightly volatile
Cash Ratio0.60.646.1352
Slightly volatile
Days Of Inventory Outstanding0.00.094.3626
Slightly volatile
Days Of Sales Outstanding4.993.944.87
Pretty Stable
Price To Book Ratio1.542.591.9066
Pretty Stable
Fixed Asset Turnover2.622.51.396
Slightly volatile
Debt Ratio0.250.260.208
Pretty Stable
Price Sales Ratio3.753.767.7443
Slightly volatile
Asset Turnover0.460.510.3694
Pretty Stable
Price Fair Value1.542.591.9066
Pretty Stable

Hut 8 Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap813.9 M775.2 M561.2 M
Slightly volatile
Enterprise ValueB980.3 M635.2 M
Slightly volatile

Hut Fundamental Market Drivers

Forward Price Earnings72.4638
Cash And Short Term Investments85 M

Hut Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue5.6 M5.1 M
Total Revenue186.7 M196.1 M
Cost Of Revenue99.7 M58.5 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.10  0.09 
Capex To Revenue 0.45  0.43 
Revenue Per Share 8.10  7.70 
Ebit Per Revenue 0.62  0.65 

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Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.