Hut 8 Mining Corp
TSX:HUT

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Hut 8 Mining Corp
TSX:HUT
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Price: 34 CAD -0.61% Market Closed
Market Cap: 3.2B CAD
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Hut 8 Mining Corp
Total Current Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Hut 8 Mining Corp
Total Current Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Hut 8 Mining Corp
TSX:HUT
Total Current Liabilities
CA$58m
CAGR 3-Years
24%
CAGR 5-Years
28%
CAGR 10-Years
N/A
Open Text Corp
TSX:OTEX
Total Current Liabilities
$2.5B
CAGR 3-Years
28%
CAGR 5-Years
21%
CAGR 10-Years
16%
Descartes Systems Group Inc
TSX:DSG
Total Current Liabilities
$203.7m
CAGR 3-Years
20%
CAGR 5-Years
18%
CAGR 10-Years
19%
Topicus.com Inc
XTSX:TOI
Total Current Liabilities
€566m
CAGR 3-Years
38%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Constellation Software Inc
TSX:CSU
Total Current Liabilities
$4.7B
CAGR 3-Years
25%
CAGR 5-Years
23%
CAGR 10-Years
18%
Lumine Group Inc
XTSX:LMN
Total Current Liabilities
$4.7B
CAGR 3-Years
269%
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 Total Current Liabilities?
Total Current Liabilities
58m CAD

Based on the financial report for Jun 30, 2023, Hut 8 Mining Corp's Total Current Liabilities amounts to 58m CAD.

What is Hut 8 Mining Corp's Total Current Liabilities growth rate?
Total Current Liabilities CAGR 5Y
28%

Over the last year, the Total Current Liabilities growth was 141%. The average annual Total Current Liabilities growth rates for Hut 8 Mining Corp have been 24% over the past three years , 28% over the past five years .

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