Hut Income Tax Expense from 2010 to 2024

HUT Stock  USD 25.24  0.68  2.62%   
Hut 8 Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about -596.6 K in 2024. From the period from 2010 to 2024, Hut 8 Income Tax Expense quarterly data regression had r-value of (0.04) and coefficient of variation of (422.35). View All Fundamentals
 
Income Tax Expense  
First Reported
2018-03-31
Previous Quarter
5.9 M
Current Value
-2.6 M
Quarterly Volatility
31 M
 
Covid
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.

Latest Hut 8's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Hut 8 Corp over the last few years. It is Hut 8's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8'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  

Hut Income Tax Expense Regression Statistics

Arithmetic Mean(5,341,285)
Geometric Mean657,226
Coefficient Of Variation(422.35)
Mean Deviation11,879,527
Median106,560
Standard Deviation22,559,095
Sample Variance508.9T
Range94.3M
R-Value(0.04)
Mean Square Error547.1T
R-Squared0
Significance0.88
Slope(216,007)
Total Sum of Squares7124.8T

Hut Income Tax Expense History

2024-596.6 K
2023-568.2 K
20229.6 M
20215.6 M
2020-15 M
20194.8 M
2018-84.7 M

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Income Tax Expense, 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
Income Tax Expense-568.2 K-596.6 K

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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.