Hut Cash from 2010 to 2024

HUT Stock  USD 28.45  4.03  16.50%   
Hut 8 Cash yearly trend continues to be comparatively stable with very little volatility. Cash is likely to outpace its year average in 2024. Cash is the total amount of money in the form of currency that Hut 8 Corp has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2012-06-30
Previous Quarter
16.5 M
Current Value
241 M
Quarterly Volatility
51.5 M
 
Yuan Drop
 
Covid
Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 31.1 M or Selling General Administrative of 97.8 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 1.06. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Latest Hut 8's Cash Growth Pattern

Below is the plot of the Cash of Hut 8 Corp over the last few years. Cash refers to the most liquid asset of Hut 8 Corp, which is listed under current asset account on Hut 8 Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hut 8 customers. The amounts must be unrestricted with restricted cash listed in a different Hut 8 account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Hut 8's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Hut Cash Regression Statistics

Arithmetic Mean18,018,039
Geometric Mean2,632,155
Coefficient Of Variation205.76
Mean Deviation24,300,037
Median2,815,939
Standard Deviation37,074,775
Sample Variance1374.5T
Range139.8M
R-Value0.54
Mean Square Error1042.3T
R-Squared0.30
Significance0.04
Slope4,509,418
Total Sum of Squares19243.5T

Hut Cash History

202442.9 M
202340.8 M
202230.5 M
2021140.1 M
20202.8 M
20192.9 M

Other Fundumenentals of Hut 8 Corp

Hut 8 Cash component correlations

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.