Hut 8 (HUT1) Ratios
Hut 8 Ratios
MX:HUT1's free cash flow for Q2 2026 was $-523.87M. For the 2026 fiscal year, MX:HUT1's free cash flow was decreased by $-518.25M and operating cash flow was $-5.62M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.09 | 1.67 | 0.55 | 8.15 | 17.96 |
| Quick Ratio | 1.09 | 1.67 | 0.55 | 7.82 | 17.83 |
| Cash Ratio | 0.12 | 0.55 | 0.28 | 1.01 | 5.38 |
| Solvency Ratio | -0.14 | 0.70 | 0.09 | -2.67 | -0.10 |
| Operating Cash Flow Ratio | -0.37 | -0.45 | -0.18 | -3.49 | -3.08 |
| Short-Term Operating Cash Flow Coverage | -0.69 | -1.05 | -0.30 | -6.48 | -4.86 |
| Net Current Asset Value | $ -656.07M | $ -281.44M | $ -252.62M | $ 190.08M | $ 313.34M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.16 | 0.23 | 0.28 | 0.11 | 0.06 |
| Debt-to-Equity Ratio | 0.30 | 0.35 | 0.42 | 0.13 | 0.07 |
| Debt-to-Capital Ratio | 0.23 | 0.26 | 0.29 | 0.12 | 0.07 |
| Long-Term Debt-to-Capital Ratio | 0.14 | 0.19 | 0.20 | 0.08 | 0.04 |
| Financial Leverage Ratio | 1.94 | 1.56 | 1.52 | 1.16 | 1.27 |
| Debt Service Coverage Ratio | -0.72 | 4.38 | 0.02 | -0.25 | 3.87 |
| Interest Coverage Ratio | -7.32 | 15.46 | 0.00 | -11.98 | 35.94 |
| Debt to Market Cap | 0.09 | 0.16 | 0.29 | 0.06 | 0.17 |
| Interest Debt Per Share | 4.36 | 4.11 | 5.24 | 1.46 | 1.57 |
| Net Debt to EBITDA | -1.75 | 0.49 | 168.21 | 4.74 | -1.33 |
| Profitability Margins | |||||
| Gross Profit Margin | 54.16% | 46.64% | 25.88% | -16.57% | 51.10% |
| EBIT Margin | -136.95% | 296.64% | -16.21% | -60.37% | 28.03% |
| EBITDA Margin | -93.61% | 325.59% | 1.66% | 2.37% | 42.97% |
| Operating Profit Margin | -93.57% | 283.61% | -16.21% | -60.37% | 28.03% |
| Pretax Profit Margin | -127.52% | 278.30% | 9.55% | -154.78% | -38.61% |
| Net Profit Margin | -105.48% | 204.38% | 20.11% | -161.14% | -23.56% |
| Continuous Operations Profit Margin | -105.48% | 208.43% | 0.00% | -161.14% | 0.00% |
| Net Income Per EBT | 82.71% | 73.44% | 210.62% | 104.11% | 61.02% |
| EBT Per EBIT | 136.29% | 98.13% | -58.91% | 256.40% | -137.72% |
| Return on Assets (ROA) | -9.01% | 21.85% | 1.68% | -58.80% | -5.68% |
| Return on Equity (ROE) | -17.44% | 33.98% | 2.56% | -67.94% | -7.23% |
| Return on Capital Employed (ROCE) | -9.25% | 33.74% | -1.60% | -23.76% | 7.01% |
| Return on Invested Capital (ROIC) | -7.05% | 24.00% | -1.45% | -22.80% | 6.85% |
| Return on Tangible Assets | -9.79% | 22.85% | 1.87% | -61.04% | -5.68% |
| Earnings Yield | -5.13% | 17.74% | 1.91% | -29.39% | -17.54% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.55 | 20.14 | 18.60 | 94.83 | 268.41 |
| Payables Turnover | 0.00 | 7.68 | 3.07 | 29.48 | 12.02 |
| Inventory Turnover | 0.00 | 0.00 | 30315318.50 | 17.76 | 25.30 |
| Fixed Asset Turnover | 0.36 | 0.67 | 0.47 | 1.21 | 0.84 |
| Asset Turnover | 0.09 | 0.11 | 0.08 | 0.36 | 0.24 |
| Working Capital Turnover Ratio | 3.47 | 4.52 | 1.10 | 0.46 | 0.67 |
| Cash Conversion Cycle | 48.31 | -29.43 | -99.12 | 12.02 | -14.57 |
| Days of Sales Outstanding | 48.31 | 18.12 | 19.63 | 3.85 | 1.36 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 20.56 | 14.43 |
| Days of Payables Outstanding | 0.00 | 47.55 | 118.75 | 12.38 | 30.36 |
| Operating Cycle | 48.31 | 18.12 | 19.63 | 24.40 | 15.79 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -1.32 | -0.75 | -0.52 | -2.80 | -2.99 |
| Free Cash Flow Per Share | -7.47 | -3.65 | -0.53 | -4.73 | -6.21 |
| Dividend Paid and CapEx Coverage Ratio | -0.21 | -0.26 | -32.49 | -1.44 | -0.93 |
| Capital Expenditure Coverage Ratio | -0.21 | -0.26 | -32.49 | -1.44 | -0.93 |
| Operating Cash Flow Coverage Ratio | -0.32 | -0.20 | -0.10 | -2.22 | -1.97 |
| Operating Cash Flow to Sales Ratio | -0.59 | -0.42 | -0.32 | -0.70 | -0.46 |
| Free Cash Flow Yield | -16.27% | -17.80% | -3.17% | -21.51% | -71.40% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -21.47 | 5.52 | 52.36 | -3.40 | -5.70 |
| Price-to-Sales (P/S) Ratio | 20.58 | 11.52 | 10.53 | 5.48 | 1.34 |
| Price-to-Book (P/B) Ratio | 3.40 | 1.92 | 1.34 | 2.31 | 0.41 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -6.15 | -5.62 | -31.55 | -4.65 | -1.40 |
| Price-to-Operating Cash Flow Ratio | -34.76 | -27.30 | -32.52 | -7.87 | -2.91 |
| Price-to-Earnings Growth (PEG) Ratio | 0.14 | 0.01 | -0.50 | -0.01 | 0.02 |
| Enterprise Value Multiple | -23.73 | 4.03 | 803.81 | 236.29 | 1.79 |
| Enterprise Value | 5.22B | 2.13B | 1.09B | 843.09M | 134.00M |
| EV to EBITDA | -23.73 | 4.03 | 803.81 | 236.29 | 1.79 |
| EV to Sales | 22.22 | 13.13 | 13.32 | 5.60 | 0.77 |
| EV to Free Cash Flow | -6.63 | -6.40 | -39.90 | -4.74 | -0.80 |
| EV to Operating Cash Flow | -37.52 | -31.10 | -41.13 | -8.03 | -1.67 |
| Tangible Book Value Per Share | 13.94 | 10.01 | 10.61 | 9.11 | 21.09 |
| Shareholders’ Equity Per Share | 13.50 | 10.69 | 12.54 | 9.52 | 21.09 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.25 | -0.07 | -0.04 | -0.08 |
| Revenue Per Share | 2.23 | 1.78 | 1.60 | 4.01 | 6.48 |
| Net Income Per Share | -2.35 | 3.63 | 0.32 | -6.47 | -1.53 |
| Tax Burden | 0.83 | 0.73 | 2.11 | 1.04 | 0.61 |
| Interest Burden | 0.93 | 0.94 | -0.59 | 2.56 | -1.38 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.52 | 0.45 | 1.14 | 0.28 | 0.17 |
| Stock-Based Compensation to Revenue | 0.25 | 0.13 | 0.40 | 0.05 | 0.06 |
| Income Quality | 0.56 | -0.21 | -3.16 | 0.43 | 1.10 |
Currency in CAD
