Hut 8 Mining Statistics
Total Valuation
Hut 8 Mining has a market cap or net worth of $1.37 billion. The enterprise value is $1.52 billion.
| Market Cap | 1.37B |
| Enterprise Value | 1.52B |
Important Dates
The next confirmed earnings date is Tuesday, August 13, 2024, before market open.
| Earnings Date | Aug 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hut 8 Mining has 90.39 million shares outstanding. The number of shares has increased by 20.49% in one year.
| Shares Outstanding | 90.39M |
| Shares Change (YoY) | +20.49% |
| Shares Change (QoQ) | +57.02% |
| Owned by Insiders (%) | 60.18% |
| Owned by Institutions (%) | 34.44% |
| Float | 70.84M |
Valuation Ratios
The trailing PE ratio is 4.37.
| PE Ratio | 4.37 |
| Forward PE | n/a |
| PS Ratio | 17.59 |
| Forward PS | 10.51 |
| PB Ratio | 2.59 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 3.48 |
| EV / Sales | 19.50 |
| EV / EBITDA | n/a |
| EV / EBIT | 4.53 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.31, with a Debt / Equity ratio of 0.30.
| Current Ratio | 0.31 |
| Quick Ratio | 0.18 |
| Debt / Equity | 0.30 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | 23.64 |
Financial Efficiency
Return on equity (ROE) is 137.50% and return on invested capital (ROIC) is 47.58%.
| Return on Equity (ROE) | 137.50% |
| Return on Assets (ROA) | 82.80% |
| Return on Capital (ROIC) | 47.58% |
| Revenue Per Employee | $795,622 |
| Profits Per Employee | $4.46M |
| Employee Count | 98 |
| Asset Turnover | 0.15 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Hut 8 Mining has paid $6.05 million in taxes.
| Income Tax | 6.05M |
| Effective Tax Rate | 1.37% |
Stock Price Statistics
The stock price has decreased by -15.25% in the last 52 weeks. The beta is 3.45, so Hut 8 Mining's price volatility has been higher than the market average.
| Beta (5Y) | 3.45 |
| 52-Week Price Change | -15.25% |
| 50-Day Moving Average | 13.31 |
| 200-Day Moving Average | 10.43 |
| Relative Strength Index (RSI) | 46.53 |
| Average Volume (20 Days) | 6,937,083 |
Short Selling Information
The latest short interest is 13.27 million, so 14.69% of the outstanding shares have been sold short.
| Short Interest | 13.27M |
| Short Previous Month | 8.47M |
| Short % of Shares Out | 14.69% |
| Short % of Float | 18.74% |
| Short Ratio (days to cover) | 1.61 |
Income Statement
In the last 12 months, Hut 8 Mining had revenue of $77.97 million and earned $436.63 million in profits. Earnings per share was $3.47.
| Revenue | 77.97M |
| Gross Profit | 31.72M |
| Operating Income | 333.09M |
| Pretax Income | 321.57M |
| Net Income | 436.63M |
| EBITDA | n/a |
| EBIT | 335.77M |
| Earnings Per Share (EPS) | $3.47 |
Balance Sheet
The company has $8.80 million in cash and $158.00 million in debt, giving a net cash position of -$149.20 million or -$1.65 per share.
| Cash & Cash Equivalents | 8.80M |
| Total Debt | 158.00M |
| Net Cash | -149.20M |
| Net Cash Per Share | -$1.65 |
| Equity (Book Value) | 528.94M |
| Book Value Per Share | 5.85 |
| Working Capital | -53.78M |
Cash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Margins
Gross margin is 40.68%, with operating and profit margins of 427.19% and 559.99%.
| Gross Margin | 40.68% |
| Operating Margin | 427.19% |
| Pretax Margin | 412.42% |
| Profit Margin | 559.99% |
| EBITDA Margin | n/a |
| EBIT Margin | 430.63% |
| FCF Margin | n/a |
Dividends & Yields
Hut 8 Mining does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -20.49% |
| Shareholder Yield | -20.49% |
| Earnings Yield | 31.84% |
| FCF Yield | n/a |
Analyst Forecast
The average price target for Hut 8 Mining is $15.10, which is -0.46% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $15.10 |
| Price Target Difference | -0.46% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 17.00% |
| EPS Growth Forecast (5Y) | -20.08% |
Stock Splits
The last stock split was on December 4, 2023. It was a reverse split with a ratio of 1:5.
| Last Split Date | Dec 4, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
Hut 8 Mining has an Altman Z-Score of 6.17 and a Piotroski F-Score of 3.
| Altman Z-Score | 6.17 |
| Piotroski F-Score | 3 |