Hut 8 Corp Stock Current Liabilities

HUT Stock

USD 25.92 2.44 10.39%

Hut 8 Corp fundamentals help investors to digest information that contributes to Hut 8's financial success or failures. It also enables traders to predict the movement of Hut Stock. The fundamental analysis module provides a way to measure Hut 8's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hut 8 stock.

Total Stockholder Equity Total Assets

At this time, Hut 8's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 194.7 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 1.1 M in 2024.

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Hut 8 Corp Company Current Liabilities Analysis

Hut 8's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

Payables

+

Accrued Debt

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Hut Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Hut 8 is extremely important. It helps to project a fair market value of Hut Stock properly, considering its historical fundamentals such as Current Liabilities. Since Hut 8's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hut 8's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hut 8's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Current Assets	Common Stock	Total Liab	Retained Earnings	Net Receivables	Net Invested Capital	Net Working Capital	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Capital Stock	Short Term Debt	Intangible Assets	Short Term Investments	Current Deferred Revenue
Total Assets		0.99	0.66	0.56	0.3	0.96	-0.52	0.9	0.82	0.78	0.81	0.72	0.94	-0.79	0.6	0.96	0.9	0.9	-0.07	-0.74
Total Stockholder Equity	0.99		0.58	0.65	0.4	0.93	-0.59	0.86	0.88	0.84	0.86	0.66	0.95	-0.79	0.63	0.97	0.85	0.86	0.05	-0.74
Net Debt	0.66	0.58		-0.23	-0.33	0.8	-0.14	0.9	0.19	0.08	0.14	0.78	0.65	-0.64	0.25	0.62	0.9	0.9	-0.7	-0.67
Total Current Assets	0.56	0.65	-0.23		0.85	0.34	-0.66	0.19	0.89	0.93	0.9	0.03	0.54	-0.4	0.61	0.58	0.18	0.16	0.74	-0.3
Common Stock	0.3	0.4	-0.33	0.85		0.06	-0.86	0.05	0.71	0.7	0.69	-0.14	0.44	-0.42	0.44	0.43	-0.07	-0.08	0.89	-0.37
Total Liab	0.96	0.93	0.8	0.34	0.06		-0.36	0.95	0.67	0.61	0.64	0.82	0.89	-0.73	0.49	0.88	0.95	0.97	-0.31	-0.68
Retained Earnings	-0.52	-0.59	-0.14	-0.66	-0.86	-0.36		-0.46	-0.72	-0.64	-0.67	-0.2	-0.72	0.76	-0.52	-0.67	-0.3	-0.28	-0.56	0.72
Net Receivables	0.9	0.86	0.9	0.19	0.05	0.95	-0.46		0.56	0.47	0.52	0.82	0.9	-0.84	0.44	0.87	0.96	0.97	-0.38	-0.81
Net Invested Capital	0.82	0.88	0.19	0.89	0.71	0.67	-0.72	0.56		0.98	0.99	0.37	0.81	-0.7	0.66	0.82	0.53	0.53	0.44	-0.59
Net Working Capital	0.78	0.84	0.08	0.93	0.7	0.61	-0.64	0.47	0.98		1.0	0.29	0.74	-0.6	0.65	0.78	0.47	0.47	0.49	-0.5
Net Tangible Assets	0.81	0.86	0.14	0.9	0.69	0.64	-0.67	0.52	0.99	1.0		0.34	0.78	-0.65	0.63	0.81	0.51	0.51	0.47	-0.56
Accounts Payable	0.72	0.66	0.78	0.03	-0.14	0.82	-0.2	0.82	0.37	0.29	0.34		0.73	-0.44	0.19	0.66	0.79	0.82	-0.45	-0.56
Property Plant Equipment	0.94	0.95	0.65	0.54	0.44	0.89	-0.72	0.9	0.81	0.74	0.78	0.73		-0.87	0.53	0.98	0.83	0.85	0.05	-0.88
Long Term Debt	-0.79	-0.79	-0.64	-0.4	-0.42	-0.73	0.76	-0.84	-0.7	-0.6	-0.65	-0.44	-0.87		-0.55	-0.86	-0.75	-0.74	-0.01	0.89
Short Long Term Debt	0.6	0.63	0.25	0.61	0.44	0.49	-0.52	0.44	0.66	0.65	0.63	0.19	0.53	-0.55		0.53	0.54	0.41	0.15	-0.37
Capital Stock	0.96	0.97	0.62	0.58	0.43	0.88	-0.67	0.87	0.82	0.78	0.81	0.66	0.98	-0.86	0.53		0.83	0.85	0.07	-0.88
Short Term Debt	0.9	0.85	0.9	0.18	-0.07	0.95	-0.3	0.96	0.53	0.47	0.51	0.79	0.83	-0.75	0.54	0.83		0.98	-0.46	-0.72
Intangible Assets	0.9	0.86	0.9	0.16	-0.08	0.97	-0.28	0.97	0.53	0.47	0.51	0.82	0.85	-0.74	0.41	0.85	0.98		-0.45	-0.74
Short Term Investments	-0.07	0.05	-0.7	0.74	0.89	-0.31	-0.56	-0.38	0.44	0.49	0.47	-0.45	0.05	-0.01	0.15	0.07	-0.46	-0.45		-0.01
Current Deferred Revenue	-0.74	-0.74	-0.67	-0.3	-0.37	-0.68	0.72	-0.81	-0.59	-0.5	-0.56	-0.56	-0.88	0.89	-0.37	-0.88	-0.72	-0.74	-0.01

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Hut Current Liabilities Historical Pattern

Today, most investors in Hut 8 Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hut 8's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hut 8 current liabilities as a starting point in their analysis.

Hut 8 Current Liabilities

Timeline

Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.

Competition

Predict Hut 8

Total Current Liabilities Over Time

Hut Liabilities And Stockholders Equity

Liabilities And Stockholders Equity

1.03 Billion

At this time, Hut 8's Liabilities And Stockholders Equity is comparatively stable compared to the past year.

In accordance with the recently published financial statements, Hut 8 Corp has a Current Liabilities of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.

Hut Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hut 8's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hut 8 could also be used in its relative valuation, which is a method of valuing Hut 8 by comparing valuation metrics of similar companies.

Hut 8 is currently under evaluation in current liabilities category among its peers.

Hut Fundamentals

	Return On Equity	-1.23
	Return On Asset	-0.0425
	Profit Margin	1.02 %
	Operating Margin	(2.40) %
	Current Valuation	2.7 B
	Shares Outstanding	93.39 M
	Shares Owned By Insiders	58.66 %
	Shares Owned By Institutions	57.48 %
	Number Of Shares Shorted	12.73 M
	Price To Earning	3.08 X
	Price To Book	3.45 X
	Price To Sales	12.50 X
	Revenue	81.8 M
	Gross Profit	(24.97 M)
	EBITDA	1.36 M
	Net Income	8.38 M
	Cash And Equivalents	33.02 M
	Cash Per Share	0.17 X
	Total Debt	268.75 M
	Debt To Equity	0.10 %
	Current Ratio	9.57 X
	Book Value Per Share	7.26 X
	Cash Flow From Operations	(26.48 M)
	Short Ratio	2.65 X
	Earnings Per Share	(0.78) X
	Target Price	24.95
	Number Of Employees	219
	Beta	3.45
	Market Capitalization	2.23 B
	Total Asset	976.87 M
	Retained Earnings	(132.19 M)
	Working Capital	215.49 M
	Net Asset	976.87 M

About Hut 8 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hut 8 Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hut 8 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hut 8 Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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