Hut Inventory from 2010 to 2024

HUT Stock  USD 25.92  2.44  10.39%   
Hut 8 Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory will likely drop to 1.90 in 2024. From the period from 2010 to 2024, Hut 8 Inventory quarterly data regression had r-value of  0.31 and coefficient of variation of  245.12. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
2
Current Value
1.9
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
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 Inventory Growth Pattern

Below is the plot of the Inventory of Hut 8 Corp over the last few years. It is Hut 8's Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Hut Inventory Regression Statistics

Arithmetic Mean2,867,431
Geometric Mean127,702
Coefficient Of Variation245.12
Mean Deviation4,159,637
Median321,189
Standard Deviation7,028,736
Sample Variance49.4T
Range26.5M
R-Value0.31
Mean Square Error48.2T
R-Squared0.09
Significance0.27
Slope480,401
Total Sum of Squares691.6T

Hut Inventory History

2024 1.9
2023 2.0
20229.9 M
20213.4 M
202026.5 M

Other Fundumenentals of Hut 8 Corp

Hut 8 Inventory component correlations

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Inventory, 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
Inventory 2.00  1.90 
Change To Inventory-4.1 M-4.3 M
Inventory Turnover30.3 M31.8 M
Average Inventory160.6 K152.6 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.