Hut Financial Statements From 2010 to 2024

HUT Stock  USD 25.92  2.44  10.39%   
Hut 8 financial statements provide useful quarterly and yearly information to potential Hut 8 Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hut 8 financial statements helps investors assess Hut 8's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hut 8's valuation are summarized below:
Gross Profit
-25 M
Profit Margin
1.0221
Market Capitalization
2.2 B
Enterprise Value Revenue
36.5014
Revenue
172 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 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 1.3 B in 2024. Enterprise Value is likely to gain to about 1.3 B in 2024

Hut 8 Total Revenue

90.89 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 24.2 M, Interest Expense of 31.1 M or Selling General Administrative of 97.8 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 1.06. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Hut 8 Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB976.9 M234.8 M
Slightly volatile
Total Stockholder Equity675.2 M643 M164.5 M
Slightly volatile
Cash42.9 M40.8 M18 M
Slightly volatile
Non Currrent Assets Other538.2 M512.6 M86.4 M
Slightly volatile
Cash And Short Term Investments49.7 M47.4 M18.9 M
Slightly volatile
Total Current Assets74.3 M81.3 M68 M
Slightly volatile
Common Stock1.1 M1.2 M130.5 M
Slightly volatile
Common Stock Total Equity215.2 M205 M97 M
Slightly volatile
Common Stock Shares Outstanding98.4 M93.7 M41.1 M
Slightly volatile
Liabilities And Stockholders EquityB976.9 M234.8 M
Slightly volatile
Total Current Liabilities155.8 M148.4 M28.7 M
Slightly volatile
Net Receivables4.6 M4.4 M913.7 K
Slightly volatile
Net Invested Capital230.8 M434.1 M132.6 M
Slightly volatile
Net Tangible Assets207.1 M386.7 M131.9 M
Slightly volatile
Accounts Payable20.7 M19.7 MM
Slightly volatile
Property Plant Equipment150.9 M143.7 M54.1 M
Slightly volatile
Short and Long Term Debt Total282.2 M268.8 M65.5 M
Slightly volatile
Property Plant And Equipment Net116 M174.9 M80.9 M
Slightly volatile
Long Term Debt17.3 M12.8 M24.5 M
Slightly volatile
Other Current Assets28 M29.5 M44.8 M
Slightly volatile
Property Plant And Equipment Gross552.4 M526.1 M164.3 M
Slightly volatile
Short and Long Term Debt14.1 M13.7 M8.3 M
Slightly volatile
Capital Stock926.9 M882.8 M335.2 M
Slightly volatile
Short Term Debt91.5 M87.2 M18.7 M
Slightly volatile
Intangible Assets24 M22.9 M3.9 M
Slightly volatile
Inventory1.92.02.9 M
Slightly volatile
Short Term Investments6.2 M6.5 M83.6 M
Very volatile
Capital Lease Obligations25.7 M24.5 M5.1 M
Slightly volatile
Other Liabilities181.3 K190.8 K83.6 M
Slightly volatile
Current Deferred Revenue5.2 M3.6 M12.5 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 Administrative97.8 M93.1 M19.1 M
Slightly volatile
Other Operating Expenses63.7 M95.1 M50.6 M
Slightly volatile
Total Operating Expenses36.1 M34.4 M14.7 M
Slightly volatile
Interest Income848.7 K1.1 M401.7 K
Slightly volatile
Cost Of Revenue98.2 M60.6 M81.2 M
Slightly volatile
Reconciled Depreciation16.8 M17.7 M42 M
Slightly volatile
Selling And Marketing Expenses47 M52.8 M57.5 M
Slightly volatile

Hut 8 Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow17.4 M30.5 M14.9 M
Slightly volatile
End Period Cash Flow20.9 M40.8 M17.9 M
Slightly volatile
Depreciation13.9 M14.6 M17 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.38.738752.2502
Slightly volatile
PTB Ratio1.061.1117351
Slightly volatile
Days Sales Outstanding20.6119.62866.0059
Slightly volatile
Book Value Per Share11.9611.39333.0026
Slightly volatile
Average Payables9.2 M8.7 M4.1 M
Slightly volatile
Capex To Depreciation0.0530.05584.3845
Very volatile
PB Ratio1.061.1117351
Slightly volatile
EV To Sales10.9511.525352.7102
Slightly volatile
Inventory Turnover31.8 M30.3 M4.1 M
Slightly volatile
Days Of Inventory On Hand0.00.0107
Slightly volatile
Payables Turnover2.923.073621.7522
Very volatile
Sales General And Administrative To Revenue1.21.13880.266
Slightly volatile
Average Inventory152.6 K160.6 K5.3 M
Slightly volatile
Capex To Revenue0.00950.010.7848
Very volatile
Cash Per Share0.870.83921.0062
Slightly volatile
Days Payables Outstanding113119211
Very volatile
Intangibles To Total Assets0.110.10160.0224
Slightly volatile
Current Ratio0.520.54758.6267
Slightly volatile
Tangible Book Value Per Share10.129.63552.7563
Slightly volatile
Receivables Turnover17.6718.595392.5971
Very volatile
Graham Number9.088.64433.6565
Slightly volatile
Shareholders Equity Per Share11.9611.39333.0026
Slightly volatile
Debt To Equity0.440.38840.3109
Pretty Stable
Capex Per Share0.01370.01440.386
Pretty Stable
Average Receivables2.8 M2.7 M794.8 K
Slightly volatile
Revenue Per Share1.061.44940.8562
Slightly volatile
Interest Debt Per Share4.654.42570.8209
Slightly volatile
Debt To Assets0.250.25570.2032
Pretty Stable
Operating Cycle18.6519.6287113
Slightly volatile
Price Book Value Ratio1.061.1117351
Slightly volatile
Days Of Payables Outstanding113119211
Very volatile
Company Equity Multiplier1.911.51921.6601
Very volatile
Long Term Debt To Capitalization0.20.20180.0885
Slightly volatile
Total Debt To Capitalization0.280.27980.2185
Pretty Stable
Debt Equity Ratio0.440.38840.3109
Pretty Stable
Quick Ratio0.520.54758.534
Slightly volatile
Cash Ratio0.260.2756.8511
Slightly volatile
Days Of Inventory Outstanding0.00.0107
Slightly volatile
Days Of Sales Outstanding20.6119.62866.0059
Slightly volatile
Price To Book Ratio1.061.1117351
Slightly volatile
Fixed Asset Turnover0.440.46781.0853
Slightly volatile
Debt Ratio0.250.25570.2032
Pretty Stable
Price Sales Ratio8.38.738752.2502
Slightly volatile
Asset Turnover0.07950.08370.3272
Very volatile
Price Fair Value1.061.1117351
Slightly volatile

Hut 8 Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.3 B822 M2.3 B
Slightly volatile
Enterprise Value1.3 B1.1 B2.3 B
Slightly volatile

Hut Fundamental Market Drivers

Forward Price Earnings55.8659
Cash And Short Term Investments47.4 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 Revenue3.6 M5.2 M
Total Revenue81.8 M90.9 M
Cost Of Revenue60.6 M98.2 M
Stock Based Compensation To Revenue 0.40  0.42 
Sales General And Administrative To Revenue 1.14  1.20 
Capex To Revenue 0.01  0.01 
Revenue Per Share 1.45  1.06 
Ebit Per Revenue(0.16)(0.17)

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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.