Hut Return On Equity from 2010 to 2024

HUT Stock  USD 28.45  4.03  16.50%   
Hut 8 Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Hut 8 Corp in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.02558446
Current Value
0.0269
Quarterly Volatility
1.07716755
 
Credit Downgrade
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Hut 8 Corp over the last few years. Return on Equity is the amount of Hut 8 Corp net income returned as a percentage of Hut 8 equity. Return on equity measures Hut 8 profitability by revealing how much profit Hut 8 Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Hut 8's Return On Equity 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.
ViewLast Reported -1.2310 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Hut Return On Equity Regression Statistics

Arithmetic Mean(0.60)
Coefficient Of Variation(180.72)
Mean Deviation0.62
Median(0.29)
Standard Deviation1.08
Sample Variance1.16
Range4.2375
R-Value0.05
Mean Square Error1.25
R-Squared0
Significance0.86
Slope0.01
Total Sum of Squares16.24

Hut Return On Equity History

2024 0.0269
2023 0.0256
2022 -0.68
2021 -0.0723
2020 -0.17
2019 0.0499
2018 -4.19

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Return On Equity, 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.
Last ReportedProjected for Next Year
Return On Equity 0.03  0.03 

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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.