Hut 8 Net Worth

Hut 8 Net Worth Breakdown

  HUT
The net worth of Hut 8 Corp is the difference between its total assets and liabilities. Hut 8's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Hut 8's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Hut 8's net worth can be used as a measure of its financial health and stability which can help investors to decide if Hut 8 is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Hut 8 Corp stock.

Hut 8 Net Worth Analysis

Hut 8's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Hut 8's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Hut 8's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Hut 8's net worth analysis. One common approach is to calculate Hut 8's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Hut 8's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Hut 8's net worth. This approach calculates the present value of Hut 8's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Hut 8's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Hut 8's net worth. This involves comparing Hut 8's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Hut 8's net worth relative to its peers.

Enterprise Value

1.32 Billion

To determine if Hut 8 is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hut 8's net worth research are outlined below:
Hut 8 Corp is way too risky over 90 days horizon
Hut 8 Corp appears to be risky and price may revert if volatility continues
Hut 8 Corp has about 33.02 M in cash with (26.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Roughly 57.0% of the company shares are owned by institutional investors
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Hut 8 uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hut 8 Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hut 8's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
14th of March 2024
Upcoming Quarterly Report
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9th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Hut 8's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hut 8 is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hut 8 Corp backward and forwards among themselves. Hut 8's institutional investor refers to the entity that pools money to purchase Hut 8's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Your Advocates Ltd., Llp2024-09-30
K
Huntington National Bank2024-06-30
1.0
Federation Des Caisses Desjardins Du Quebec2024-06-30
0.0
Citadel Advisors Llc2024-06-30
0.0
Note, although Hut 8's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Hut 8's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.23 B.

Market Cap

1.27 Billion

Project Hut 8's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed(0.02)(0.02)
Return On Assets 0.02  0.02 
Return On Equity 0.03  0.03 
The company has Net Profit Margin of 1.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of (2.4) %, which entails that for every $100 of revenue, it lost $2.4.
When accessing Hut 8's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Hut 8's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hut 8's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Hut 8's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hut 8 Corp. Check Hut 8's Beneish M Score to see the likelihood of Hut 8's management manipulating its earnings.

Evaluate Hut 8's management efficiency

Hut 8 Corp has Return on Asset of (0.0425) % which means that on every $100 spent on assets, it lost $0.0425. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.2268) %, meaning that it generated no profit with money invested by stockholders. Hut 8's management efficiency ratios could be used to measure how well Hut 8 manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hut 8's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.02 in 2024, whereas Return On Capital Employed is likely to drop (0.02) in 2024. At this time, Hut 8's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 155.8 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 1.1 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 11.39  11.96 
Tangible Book Value Per Share 9.64  10.12 
Enterprise Value Over EBITDA 695.71  730.49 
Price Book Value Ratio 1.11  1.06 
Enterprise Value Multiple 695.71  730.49 
Price Fair Value 1.11  1.06 
Enterprise Value1.1 B1.3 B
Hut 8 Corp benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Enterprise Value Revenue
33.4114
Revenue
172 M
Quarterly Revenue Growth
0.715
Revenue Per Share
2.303
Return On Equity
(1.23)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hut 8 insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hut 8's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hut 8 insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Hut 8 Corporate Filings

10Q
13th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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13A
12th of November 2024
An amended filing to the original Schedule 13G
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13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
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8K
1st of October 2024
Report filed with the SEC to announce major events that shareholders should know about
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Hut 8 time-series forecasting models is one of many Hut 8's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hut 8's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Hut 8 Earnings per Share Projection vs Actual

Hut 8 Corporate Management

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.