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Hut 8 (TSX:HUT) Deferred Tax : C$159.0 Mil (TTM As of Dec. 2024)


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What is Hut 8 Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Hut 8's change in deferred tax for the three months ended in Dec. 2024 was C$155.6 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2024 was C$159.0 Mil.

Hut 8 Deferred Tax Historical Data

The historical data trend for Hut 8's Deferred Tax 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 Deferred Tax Chart

Hut 8 Annual Data
Trend Jun21 Jun22 Jun23 Dec24
Deferred Tax
- 6.49 -2.02 159.22

Hut 8 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 3.08 -0.31 0.66 155.61

Hut 8 Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$159.0 Mil.


* 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.

Hut 8 Deferred Tax Related Terms

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Hut 8 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hut 8 Corp (TSX:HUT) » Definitions » Deferred Tax
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Traded in Other Exchanges
HUT:USA HUT1:Mexico V71:Germany
Address
1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131
Website
https://www.hut8.com
Hut 8 Corp is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.