Hut 8 Mining Corp
TSX:HUT

Watchlist Manager
Hut 8 Mining Corp Logo
Hut 8 Mining Corp
TSX:HUT
Watchlist
Price: 34 CAD -0.61% Market Closed
Market Cap: 3.2B CAD
Have any thoughts about
Hut 8 Mining Corp?
Write Note

Hut 8 Mining Corp
Current Portion of Long-Term Debt

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Hut 8 Mining Corp
Current Portion of Long-Term Debt Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Current Portion of Long-Term Debt CAGR 3Y CAGR 5Y CAGR 10Y
Hut 8 Mining Corp
TSX:HUT
Current Portion of Long-Term Debt
CA$35.7m
CAGR 3-Years
9%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Open Text Corp
TSX:OTEX
Current Portion of Long-Term Debt
$38.5m
CAGR 3-Years
57%
CAGR 5-Years
31%
CAGR 10-Years
-5%
Descartes Systems Group Inc
TSX:DSG
Current Portion of Long-Term Debt
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Topicus.com Inc
XTSX:TOI
Current Portion of Long-Term Debt
€29.1m
CAGR 3-Years
28%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Constellation Software Inc
TSX:CSU
Current Portion of Long-Term Debt
$821m
CAGR 3-Years
83%
CAGR 5-Years
39%
CAGR 10-Years
15%
Lumine Group Inc
XTSX:LMN
Current Portion of Long-Term Debt
$9.4m
CAGR 3-Years
59%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Hut 8 Mining Corp
Glance View

Market Cap
3.2B CAD
Industry
Technology

Hut 8 Mining Corp., founded in 2017, stands as a formidable entity in the fast-paced world of cryptocurrency mining. Based in Canada, the company emerged from the confluence of technological innovation and the burgeoning demand for digital currencies. Armed with a robust infrastructure comprising powerful data centers, Hut 8 engages in the computationally intensive process of crypto mining, focusing primarily on Bitcoin. By utilizing vast amounts of energy to solve complex mathematical problems, they validate and add transactions to the cryptocurrency's blockchain. This process is not just technological wizardry but also an art of managing overhead costs and resource efficiency, a discipline in which Hut 8 has proved proficient. The financial engineering behind Hut 8's operations is as critical as the technology itself. The company deftly navigates the volatile crypto markets, earning revenue from the Bitcoin awarded to miners and transaction fee incentives. This digital treasure trove is strategically managed and periodically liquidated to fund operations, expansion, and debt obligations. Additionally, Hut 8 diversifies its income through rigorously structured energy purchasing strategies, capitalizing on Canada's cold climate to reduce cooling costs, thus enhancing profit margins. The multidimensional approach to both mining and financial management has allowed Hut 8 to establish a substantial foothold in the industry, standing resilient amid the swings of cryptocurrency valuations.

HUT Intrinsic Value
55.49 CAD
Undervaluation 39%
Intrinsic Value
Price

See Also

What is Hut 8 Mining Corp's Current Portion of Long-Term Debt?
Current Portion of Long-Term Debt
35.7m CAD

Based on the financial report for Jun 30, 2023, Hut 8 Mining Corp's Current Portion of Long-Term Debt amounts to 35.7m CAD.

What is Hut 8 Mining Corp's Current Portion of Long-Term Debt growth rate?
Current Portion of Long-Term Debt CAGR 3Y
9%

Over the last year, the Current Portion of Long-Term Debt growth was 201%. The average annual Current Portion of Long-Term Debt growth rates for Hut 8 Mining Corp have been 9% over the past three years .

Back to Top