Hut 8 Corp. Common Stock
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiri… Read more
Hut 8 Corp. Common Stock (HUT) - Net Assets
Latest net assets as of September 2025: $2.30 Billion USD
Based on the latest financial reports, Hut 8 Corp. Common Stock (HUT) has net assets worth $2.30 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.74 Billion) and total liabilities ($1.44 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.30 Billion |
| % of Total Assets | 61.52% |
| Annual Growth Rate | 69.85% |
| 5-Year Change | 2569.99% |
| 10-Year Change | 564385.47% |
| Growth Volatility | 89425.01 |
Hut 8 Corp. Common Stock - Net Assets Trend (2011–2024)
This chart illustrates how Hut 8 Corp. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hut 8 Corp. Common Stock (2011–2024)
The table below shows the annual net assets of Hut 8 Corp. Common Stock from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $980.58 Million | +52.50% |
| 2023-12-31 | $643.00 Million | +79.92% |
| 2022-12-31 | $357.39 Million | -36.85% |
| 2021-12-31 | $565.97 Million | +1441.05% |
| 2020-12-31 | $36.73 Million | -13.99% |
| 2019-12-31 | $42.70 Million | +30.75% |
| 2018-12-31 | $32.66 Million | +335694.39% |
| 2017-12-31 | $9.73K | -85.64% |
| 2016-12-31 | $67.75K | -61.00% |
| 2015-12-31 | $173.71K | -37.77% |
| 2014-12-31 | $279.15K | -38.83% |
| 2013-12-31 | $456.36K | -28.65% |
| 2012-12-31 | $639.64K | -36.04% |
| 2011-12-31 | $1.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hut 8 Corp. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 23163000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $231.63 Million | 23.72% |
| Common Stock | $995.00K | 0.10% |
| Other Comprehensive Income | $-45.55 Million | -4.66% |
| Other Components | $789.60 Million | 80.85% |
| Total Equity | $976.67 Million | 100.00% |
Hut 8 Corp. Common Stock Competitors by Market Cap
The table below lists competitors of Hut 8 Corp. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Aval Acciones y Valores S.A
F:6GAA
|
$4.56 Billion |
|
Globalfoundries Inc
NASDAQ:GFS
|
$4.56 Billion |
|
Louisiana-Pacific Corporation
NYSE:LPX
|
$4.57 Billion |
|
CHORD ENERGY DL -01
F:OS70
|
$4.57 Billion |
|
PT Amman Mineral Internasional
JK:AMMN
|
$4.56 Billion |
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
|
$4.56 Billion |
|
Avolta AG
SW:AVOL
|
$4.55 Billion |
|
Selective Insurance Group Inc
NASDAQ:SIGI
|
$4.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hut 8 Corp. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 643,000,785 to 976,669,000, a change of 333,668,215 (51.9%).
- Net income of 331,882,000 contributed positively to equity growth.
- New share issuances of 162,534,000 increased equity.
- Other comprehensive income decreased equity by 59,742,454.
- Other factors decreased equity by 101,005,331.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $331.88 Million | +33.98% |
| Share Issuances | $162.53 Million | +16.64% |
| Other Comprehensive Income | $-59.74 Million | -6.12% |
| Other Changes | $-101.01 Million | -10.34% |
| Total Change | $- | 51.89% |
Book Value vs Market Value Analysis
This analysis compares Hut 8 Corp. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.10x to 5.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $10.15 | $51.79 | x |
| 2012-12-31 | $13.05 | $51.79 | x |
| 2013-12-31 | $40.14 | $51.79 | x |
| 2014-12-31 | $24.56 | $51.79 | x |
| 2015-12-31 | $15.28 | $51.79 | x |
| 2016-12-31 | $5.96 | $51.79 | x |
| 2017-12-31 | $0.86 | $51.79 | x |
| 2018-12-31 | $1.94 | $51.79 | x |
| 2019-12-31 | $2.36 | $51.79 | x |
| 2020-12-31 | $1.95 | $51.79 | x |
| 2021-12-31 | $21.09 | $51.79 | x |
| 2022-12-31 | $9.52 | $51.79 | x |
| 2023-12-31 | $12.91 | $51.79 | x |
| 2024-12-31 | $9.67 | $51.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hut 8 Corp. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 33.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 204.38%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.56x
- Recent ROE (33.98%) is below the historical average (388.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -26.40% | 0.00% | 0.00x | 1.00x | $-232.84K |
| 2013 | -49.35% | 0.00% | 0.00x | 1.24x | $-270.85K |
| 2014 | -29.41% | 0.00% | 0.00x | 1.47x | $-110.02K |
| 2015 | -60.70% | 0.00% | 0.00x | 1.93x | $-122.81K |
| 2016 | -156.39% | 0.00% | 0.00x | 4.30x | $-112.73K |
| 2017 | 5830.48% | 8.41% | 25.64x | 27.02x | $566.10K |
| 2018 | -418.76% | -276.63% | 0.60x | 2.54x | $-140.03 Million |
| 2019 | 4.99% | 2.60% | 1.15x | 1.67x | $-2.14 Million |
| 2020 | -52.57% | -47.42% | 0.94x | 1.18x | $-22.98 Million |
| 2021 | -5.62% | -40.16% | 0.11x | 1.27x | $-88.40 Million |
| 2022 | -18.36% | -75.64% | 0.21x | 1.16x | $-101.35 Million |
| 2023 | 3.40% | 22.75% | 0.10x | 1.52x | $-42.45 Million |
| 2024 | 33.98% | 204.38% | 0.11x | 1.56x | $234.22 Million |
Industry Comparison
This section compares Hut 8 Corp. Common Stock's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hut 8 Corp. Common Stock (HUT) | $2.30 Billion | -26.40% | 0.63x | $4.56 Billion |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |