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Hut 8 (HUT) Accumulated Depreciation : $-27.6 Mil (As of Mar. 2024)


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What is Hut 8 Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Hut 8's quarterly accumulated depreciation declined from Sep. 2023 ($-19.0 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($-27.6 Mil).

Hut 8's annual accumulated depreciation declined from . 20 ($0.0 Mil) to Jun. 2021 ($-0.4 Mil) but then increased from Jun. 2021 ($-0.4 Mil) to Jun. 2022 ($-11.9 Mil).


Hut 8 Accumulated Depreciation Historical Data

The historical data trend for Hut 8's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hut 8 Accumulated Depreciation Chart

Hut 8 Annual Data
Trend Jun21 Jun22
Accumulated Depreciation
-0.39 -11.95

Hut 8 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.79 -14.70 -18.99 - -27.65

Hut 8 Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


Hut 8 Accumulated Depreciation Related Terms

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Hut 8 (HUT) Business Description

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Traded in Other Exchanges
Address
1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131
Hut 8 Corp is harnessing the limitless potential of data by leveraging cutting-edge infrastructure to create value for its customers and shareholders. Led by a seasoned executive team, Hut 8 is bullish on building computing infrastructure that powers Bitcoin mining, traditional data center's, and the dynamic requirements of future technologies like AI and machine learning.

Hut 8 (HUT) Headlines