HIVE Digital Technologies Balance Sheet Health
Financial Health criteria checks 6/6
HIVE Digital Technologies has a total shareholder equity of $279.5M and total debt of $20.1M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are $334.7M and $55.2M respectively.
Key information
7.2%
Debt to equity ratio
US$20.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.69m |
| Equity | US$279.53m |
| Total liabilities | US$55.16m |
| Total assets | US$334.69m |
Recent financial health updates
Is HIVE Digital Technologies (CVE:HIVE) Using Too Much Debt?
Jun 06
Is HIVE Digital Technologies (CVE:HIVE) Using Too Much Debt?
Oct 11Is HIVE Blockchain Technologies (CVE:HIVE) A Risky Investment?
Jun 21HIVE Blockchain Technologies (CVE:HIVE) Is Making Moderate Use Of Debt
Mar 10Here's Why HIVE Blockchain Technologies (CVE:HIVE) Can Manage Its Debt Responsibly
Feb 16Recent updates
HIVE Digital Technologies Ltd. (CVE:HIVE) Looks Just Right With A 28% Price Jump
Dec 05Why Investors Shouldn't Be Surprised By HIVE Digital Technologies Ltd.'s (CVE:HIVE) 28% Share Price Surge
Oct 19HIVE Digital Technologies Ltd.'s (CVE:HIVE) 27% Dip In Price Shows Sentiment Is Matching Revenues
Aug 15A Piece Of The Puzzle Missing From HIVE Digital Technologies Ltd.'s (CVE:HIVE) 28% Share Price Climb
Jun 13Is HIVE Digital Technologies (CVE:HIVE) Using Too Much Debt?
Jun 06Slammed 25% HIVE Digital Technologies Ltd. (CVE:HIVE) Screens Well Here But There Might Be A Catch
Mar 23Market Cool On HIVE Digital Technologies Ltd.'s (CVE:HIVE) Revenues Pushing Shares 28% Lower
Feb 03HIVE Digital Technologies Ltd.'s (CVE:HIVE) 25% Jump Shows Its Popularity With Investors
Dec 20Is HIVE Digital Technologies (CVE:HIVE) Using Too Much Debt?
Oct 11Is HIVE Blockchain Technologies (CVE:HIVE) A Risky Investment?
Jun 21HIVE Blockchain Technologies (CVE:HIVE) Is Making Moderate Use Of Debt
Mar 10Under The Bonnet, HIVE Blockchain Technologies' (CVE:HIVE) Returns Look Impressive
Jul 19Is Now The Time To Put HIVE Blockchain Technologies (CVE:HIVE) On Your Watchlist?
Jun 12HIVE Blockchain Technologies Ltd.'s (CVE:HIVE) 30% Dip In Price Shows Sentiment Is Matching Earnings
Apr 28HIVE Blockchain Technologies (CVE:HIVE) Could Become A Multi-Bagger
Mar 30Do HIVE Blockchain Technologies's (CVE:HIVE) Earnings Warrant Your Attention?
Mar 09Here's Why HIVE Blockchain Technologies (CVE:HIVE) Can Manage Its Debt Responsibly
Feb 16Investors Should Be Encouraged By HIVE Blockchain Technologies' (CVE:HIVE) Returns On Capital
Nov 03HIVE Blockchain Technologies (CVE:HIVE) Has A Pretty Healthy Balance Sheet
Sep 28Financial Position Analysis
Short Term Liabilities: HIVE's short term assets ($203.5M) exceed its short term liabilities ($36.6M).
Long Term Liabilities: HIVE's short term assets ($203.5M) exceed its long term liabilities ($18.5M).
Debt to Equity History and Analysis
Debt Level: HIVE has more cash than its total debt.
Reducing Debt: HIVE's debt to equity ratio has reduced from 17.6% to 7.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HIVE has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HIVE is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HIVE Digital Technologies Ltd. is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lucas Pipes | B. Riley Securities, Inc. |
| Joseph Vafi | Canaccord Genuity |
| Brett Knoblauch | Cantor Fitzgerald & Co. |