Hut Pretax Profit Margin from 2010 to 2024

HUT Stock  USD 25.24  0.68  2.62%   
Hut 8 Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. From the period from 2010 to 2024, Hut 8 Pretax Profit Margin quarterly data regression had mean square error of  0.68 and mean deviation of  0.53. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.09548717
Current Value
0.1
Quarterly Volatility
0.82126449
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Hut 8 Corp over the last few years. It is Hut 8's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Hut Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.24)
Coefficient Of Variation(342.73)
Mean Deviation0.53
Median0.1
Standard Deviation0.82
Sample Variance0.67
Range2.8663
R-Value(0.26)
Mean Square Error0.68
R-Squared0.07
Significance0.36
Slope(0.05)
Total Sum of Squares9.44

Hut Pretax Profit Margin History

2023 0.0955
2022 -1.55
2021 -0.39
2019 0.026
2018 -2.77
2017 0.1

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Pretax Profit Margin, 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
Pretax Profit Margin 0.10  0.10 

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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.