Hut 8 Corp Stock Total Asset

HUT Stock

USD 25.35 0.51 1.97%

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.

	Last Reported	Projected for Next Year
Total Assets	1.1 B	1.2 B
Intangibles To Total Assets	0.09	0.10

Total Assets is likely to gain to about 1.2 B in 2025. Intangibles To Total Assets is likely to gain to 0.1 in 2025.

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Hut 8 Corp Company Total Asset Analysis

Hut 8's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Hut 8 Total Asset

976.87 M

Most of Hut 8's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hut 8 Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hut Total Asset 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 Total Asset. 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	0.78	0.48	0.16	0.98	-0.46	0.94	0.81	0.76	0.79	0.82	0.95	-0.82	0.58	0.95	0.93	0.94	-0.26	-0.79
Total Stockholder Equity	0.99		0.72	0.56	0.25	0.95	-0.52	0.9	0.86	0.82	0.84	0.77	0.96	-0.83	0.61	0.97	0.9	0.9	-0.16	-0.79
Net Debt	0.78	0.72		-0.15	-0.35	0.88	-0.14	0.94	0.32	0.22	0.28	0.86	0.72	-0.72	0.29	0.7	0.94	0.94	-0.74	-0.74
Total Current Assets	0.48	0.56	-0.15		0.84	0.29	-0.66	0.18	0.86	0.91	0.88	0.05	0.53	-0.39	0.61	0.56	0.17	0.15	0.68	-0.29
Common Stock	0.16	0.25	-0.35	0.84		-0.04	-0.85	-0.05	0.63	0.63	0.62	-0.19	0.36	-0.32	0.41	0.35	-0.14	-0.15	0.87	-0.27
Total Liab	0.98	0.95	0.88	0.29	-0.04		-0.31	0.97	0.69	0.62	0.66	0.89	0.89	-0.78	0.49	0.89	0.97	0.98	-0.45	-0.75
Retained Earnings	-0.46	-0.52	-0.14	-0.66	-0.85	-0.31		-0.39	-0.7	-0.63	-0.65	-0.19	-0.69	0.71	-0.52	-0.64	-0.27	-0.25	-0.51	0.67
Net Receivables	0.94	0.9	0.94	0.18	-0.05	0.97	-0.39		0.6	0.52	0.57	0.89	0.9	-0.85	0.45	0.88	0.98	0.98	-0.5	-0.84
Net Invested Capital	0.81	0.86	0.32	0.86	0.63	0.69	-0.7	0.6		0.98	0.99	0.46	0.83	-0.73	0.67	0.84	0.58	0.58	0.29	-0.64
Net Working Capital	0.76	0.82	0.22	0.91	0.63	0.62	-0.63	0.52	0.98		0.99	0.38	0.76	-0.64	0.66	0.8	0.52	0.51	0.35	-0.55
Net Tangible Assets	0.79	0.84	0.28	0.88	0.62	0.66	-0.65	0.57	0.99	0.99		0.43	0.8	-0.69	0.64	0.83	0.56	0.56	0.32	-0.62
Accounts Payable	0.82	0.77	0.86	0.05	-0.19	0.89	-0.19	0.89	0.46	0.38	0.43		0.78	-0.57	0.26	0.73	0.87	0.89	-0.55	-0.66
Property Plant Equipment	0.95	0.96	0.72	0.53	0.36	0.89	-0.69	0.9	0.83	0.76	0.8	0.78		-0.89	0.54	0.98	0.85	0.86	-0.08	-0.89
Long Term Debt	-0.82	-0.83	-0.72	-0.39	-0.32	-0.78	0.71	-0.85	-0.73	-0.64	-0.69	-0.57	-0.89		-0.55	-0.88	-0.79	-0.78	0.14	0.91
Short Long Term Debt	0.58	0.61	0.29	0.61	0.41	0.49	-0.52	0.45	0.67	0.66	0.64	0.26	0.54	-0.55		0.54	0.52	0.42	0.09	-0.39
Capital Stock	0.95	0.97	0.7	0.56	0.35	0.89	-0.64	0.88	0.84	0.8	0.83	0.73	0.98	-0.88	0.54		0.85	0.86	-0.06	-0.9
Short Term Debt	0.93	0.9	0.94	0.17	-0.14	0.97	-0.27	0.98	0.58	0.52	0.56	0.87	0.85	-0.79	0.52	0.85		0.99	-0.56	-0.78
Intangible Assets	0.94	0.9	0.94	0.15	-0.15	0.98	-0.25	0.98	0.58	0.51	0.56	0.89	0.86	-0.78	0.42	0.86	0.99		-0.55	-0.79
Short Term Investments	-0.26	-0.16	-0.74	0.68	0.87	-0.45	-0.51	-0.5	0.29	0.35	0.32	-0.55	-0.08	0.14	0.09	-0.06	-0.56	-0.55		0.14
Current Deferred Revenue	-0.79	-0.79	-0.74	-0.29	-0.27	-0.75	0.67	-0.84	-0.64	-0.55	-0.62	-0.66	-0.89	0.91	-0.39	-0.9	-0.78	-0.79	0.14

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Hut Total Asset 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 total asset 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 total asset as a starting point in their analysis.

Hut 8 Total Asset

Timeline

Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Competition

Predict Hut 8

Total Assets Over Time

Hut Total Assets

Total Assets

1.18 Billion

At this time, Hut 8's Total Assets are comparatively stable compared to the past year.

Based on the latest financial disclosure, Hut 8 Corp has a Total Asset of 976.87 M. This is 99.6% lower than that of the Capital Markets sector and 98.9% lower than that of the Financials industry. The total asset for all United States stocks is 96.68% higher than that of the company.

Hut Total Asset 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 Total Asset 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 total asset category among its peers.

Hut 8 Institutional Holders

Institutional Holdings refers to the ownership stake in Hut 8 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hut 8's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hut 8's value.

		Shares
Your Advocates Ltd., Llp	2024-09-30	2 K
Huntington National Bank	2024-09-30	1.0
Federation Des Caisses Desjardins Du Quebec	2024-06-30	0.0
Citadel Advisors Llc	2024-06-30	0.0

Hut Fundamentals

	Return On Equity	-1.23
	Return On Asset	-0.0425
	Profit Margin	1.02 %
	Operating Margin	(2.40) %
	Current Valuation	2.72 B
	Shares Outstanding	93.39 M
	Shares Owned By Insiders	58.66 %
	Shares Owned By Institutions	57.48 %
	Number Of Shares Shorted	10.16 M
	Price To Earning	3.08 X
	Price To Book	3.48 X
	Price To Sales	12.61 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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