Hut 8 Balance Sheet Health
Financial Health criteria checks 2/6
Hut 8 has a total shareholder equity of $1.7B and total debt of $410.2M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $2.8B and $1.1B respectively.
Key information
24.28%
Debt to equity ratio
US$410.16m
Debt
| Interest coverage ratio | n/a |
| Cash | US$234.25m |
| Equity | US$1.69b |
| Total liabilities | US$1.06b |
| Total assets | US$2.75b |
Recent financial health updates
Recent updates
Why Hut 8's Data Center Deal Still Has Room To Run
Jan 21We Think You Should Be Aware Of Some Concerning Factors In Hut 8's (NASDAQ:HUT) Earnings
Nov 11
Market Participants Recognise Hut 8 Corp.'s (NASDAQ:HUT) Revenues Pushing Shares 29% Higher
Jul 20Hut 8 Corp. (NASDAQ:HUT) Analysts Are More Bearish Than They Used To Be
May 10Hut 8: This Fast-Growing Crypto Miner Does More Than Just Bitcoin Mining
Mar 05Hut 8: The Data Centre Services Story Is Compelling
Jan 22
AI Expansion Fuels Future Revenue Amidst Bitcoin Volatility And Margin Squeeze Risks
Expansion in AI datacenter capacity and GPU-as-a-Service is expected to drive significant future revenue growth and fulfill emerging market needs.Hut 8: A Third Quarter Earnings Review
Nov 13Hut 8: Massively Undervalued AI Play
Sep 04Q2 Earnings: Hut 8 Needs AI To Work
Aug 13HUT 8: A Cryptocurrency Stock With High Growth Potential
May 02Financial Position Analysis
Short Term Liabilities: HUT's short term assets ($408.2M) exceed its short term liabilities ($375.6M).
Long Term Liabilities: HUT's short term assets ($408.2M) do not cover its long term liabilities ($688.7M).
Debt to Equity History and Analysis
Debt Level: HUT's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HUT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HUT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HUT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/26 11:38 |
| End of Day Share Price | 2026/02/25 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
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 Github.
Analyst Sources
Hut 8 Corp. is covered by 19 analysts. 15 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 |
|---|---|
| Mark Palmer | Benchmark Company |
| Nicholas Giles | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |