Hut 8 Corp Stock Return On Equity

HUT Stock

USD 28.45 4.03 16.50%

Hut 8 Corp fundamentals help investors to digest information that contributes to Hut 8's financial success or failures. It also enables traders to predict the movement of Hut Stock. The fundamental analysis module provides a way to measure Hut 8's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hut 8 stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.03	0.03

Return On Equity is likely to gain to 0.03 in 2024.

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Hut 8 Corp Company Return On Equity Analysis

Hut 8's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

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Current Hut 8 Return On Equity

-1.23

Most of Hut 8's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hut 8 Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hut Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Hut 8 is extremely important. It helps to project a fair market value of Hut Stock properly, considering its historical fundamentals such as Return On Equity. Since Hut 8's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hut 8's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hut 8's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Current Assets	Common Stock	Total Liab	Retained Earnings	Net Receivables	Net Invested Capital	Net Working Capital	Net Tangible Assets	Accounts Payable	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Capital Stock	Short Term Debt	Intangible Assets	Short Term Investments	Current Deferred Revenue
Total Assets		0.99	0.66	0.56	0.3	0.96	-0.52	0.9	0.82	0.78	0.81	0.72	0.94	-0.79	0.6	0.96	0.9	0.9	-0.07	-0.74
Total Stockholder Equity	0.99		0.58	0.65	0.4	0.93	-0.59	0.86	0.88	0.84	0.86	0.66	0.95	-0.79	0.63	0.97	0.85	0.86	0.05	-0.74
Net Debt	0.66	0.58		-0.23	-0.33	0.8	-0.14	0.9	0.19	0.08	0.14	0.78	0.65	-0.64	0.25	0.62	0.9	0.9	-0.7	-0.67
Total Current Assets	0.56	0.65	-0.23		0.85	0.34	-0.66	0.19	0.89	0.93	0.9	0.03	0.54	-0.4	0.61	0.58	0.18	0.16	0.74	-0.3
Common Stock	0.3	0.4	-0.33	0.85		0.06	-0.86	0.05	0.71	0.7	0.69	-0.14	0.44	-0.42	0.44	0.43	-0.07	-0.08	0.89	-0.37
Total Liab	0.96	0.93	0.8	0.34	0.06		-0.36	0.95	0.67	0.61	0.64	0.82	0.89	-0.73	0.49	0.88	0.95	0.97	-0.31	-0.68
Retained Earnings	-0.52	-0.59	-0.14	-0.66	-0.86	-0.36		-0.46	-0.72	-0.64	-0.67	-0.2	-0.72	0.76	-0.52	-0.67	-0.3	-0.28	-0.56	0.72
Net Receivables	0.9	0.86	0.9	0.19	0.05	0.95	-0.46		0.56	0.47	0.52	0.82	0.9	-0.84	0.44	0.87	0.96	0.97	-0.38	-0.81
Net Invested Capital	0.82	0.88	0.19	0.89	0.71	0.67	-0.72	0.56		0.98	0.99	0.37	0.81	-0.7	0.66	0.82	0.53	0.53	0.44	-0.59
Net Working Capital	0.78	0.84	0.08	0.93	0.7	0.61	-0.64	0.47	0.98		1.0	0.29	0.74	-0.6	0.65	0.78	0.47	0.47	0.49	-0.5
Net Tangible Assets	0.81	0.86	0.14	0.9	0.69	0.64	-0.67	0.52	0.99	1.0		0.34	0.78	-0.65	0.63	0.81	0.51	0.51	0.47	-0.56
Accounts Payable	0.72	0.66	0.78	0.03	-0.14	0.82	-0.2	0.82	0.37	0.29	0.34		0.73	-0.44	0.19	0.66	0.79	0.82	-0.45	-0.56
Property Plant Equipment	0.94	0.95	0.65	0.54	0.44	0.89	-0.72	0.9	0.81	0.74	0.78	0.73		-0.87	0.53	0.98	0.83	0.85	0.05	-0.88
Long Term Debt	-0.79	-0.79	-0.64	-0.4	-0.42	-0.73	0.76	-0.84	-0.7	-0.6	-0.65	-0.44	-0.87		-0.55	-0.86	-0.75	-0.74	-0.01	0.89
Short Long Term Debt	0.6	0.63	0.25	0.61	0.44	0.49	-0.52	0.44	0.66	0.65	0.63	0.19	0.53	-0.55		0.53	0.54	0.41	0.15	-0.37
Capital Stock	0.96	0.97	0.62	0.58	0.43	0.88	-0.67	0.87	0.82	0.78	0.81	0.66	0.98	-0.86	0.53		0.83	0.85	0.07	-0.88
Short Term Debt	0.9	0.85	0.9	0.18	-0.07	0.95	-0.3	0.96	0.53	0.47	0.51	0.79	0.83	-0.75	0.54	0.83		0.98	-0.46	-0.72
Intangible Assets	0.9	0.86	0.9	0.16	-0.08	0.97	-0.28	0.97	0.53	0.47	0.51	0.82	0.85	-0.74	0.41	0.85	0.98		-0.45	-0.74
Short Term Investments	-0.07	0.05	-0.7	0.74	0.89	-0.31	-0.56	-0.38	0.44	0.49	0.47	-0.45	0.05	-0.01	0.15	0.07	-0.46	-0.45		-0.01
Current Deferred Revenue	-0.74	-0.74	-0.67	-0.3	-0.37	-0.68	0.72	-0.81	-0.59	-0.5	-0.56	-0.56	-0.88	0.89	-0.37	-0.88	-0.72	-0.74	-0.01

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Return On Equity Over Time

Hut Total Stockholder Equity

Total Stockholder Equity

675.15 Million

At this time, Hut 8's Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Hut 8 Corp has a Return On Equity of -1.2268. This is 184.61% lower than that of the Capital Markets sector and 115.53% lower than that of the Financials industry. The return on equity for all United States stocks is notably higher than that of the company.

Hut Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hut 8's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hut 8 could also be used in its relative valuation, which is a method of valuing Hut 8 by comparing valuation metrics of similar companies.

Hut 8 is currently under evaluation in return on equity category among its peers.

Hut Fundamentals

	Return On Equity	-1.23
	Return On Asset	-0.0425
	Profit Margin	1.02 %
	Operating Margin	(2.40) %
	Current Valuation	2.93 B
	Shares Outstanding	93.39 M
	Shares Owned By Insiders	58.66 %
	Shares Owned By Institutions	57.48 %
	Number Of Shares Shorted	8.72 M
	Price To Earning	3.08 X
	Price To Book	3.78 X
	Price To Sales	13.72 X
	Revenue	81.8 M
	Gross Profit	(24.97 M)
	EBITDA	1.36 M
	Net Income	8.38 M
	Cash And Equivalents	33.02 M
	Cash Per Share	0.17 X
	Total Debt	268.75 M
	Debt To Equity	0.10 %
	Current Ratio	9.57 X
	Book Value Per Share	7.26 X
	Cash Flow From Operations	(26.48 M)
	Short Ratio	2.65 X
	Earnings Per Share	(0.78) X
	Target Price	24.95
	Number Of Employees	219
	Beta	3.45
	Market Capitalization	2.23 B
	Total Asset	976.87 M
	Retained Earnings	(132.19 M)
	Working Capital	215.49 M
	Net Asset	976.87 M

About Hut 8 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hut 8 Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hut 8 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hut 8 Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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