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HIVE Digital Technologies (TSXV:HIVE) Debt-to-Asset : 0.08 (As of Sep. 2024)


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What is HIVE Digital Technologies Debt-to-Asset?

HIVE Digital Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$15.0 Mil. HIVE Digital Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$22.8 Mil. HIVE Digital Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$453.4 Mil. HIVE Digital Technologies's debt to asset for the quarter that ended in Sep. 2024 was 0.08.


HIVE Digital Technologies Debt-to-Asset Historical Data

The historical data trend for HIVE Digital Technologies's Debt-to-Asset 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.

* Premium members only.

HIVE Digital Technologies Debt-to-Asset Chart

HIVE Digital Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.26 0.11 0.18 0.10

HIVE Digital Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.14 0.10 0.09 0.08

Competitive Comparison of HIVE Digital Technologies's Debt-to-Asset

For the Capital Markets subindustry, HIVE Digital Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HIVE Digital Technologies's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HIVE Digital Technologies's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where HIVE Digital Technologies's Debt-to-Asset falls into.



HIVE Digital Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HIVE Digital Technologies's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(17.055 + 24.531) / 416.343
=0.10

HIVE Digital Technologies's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(14.966 + 22.806) / 453.366
=0.08

* 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.


HIVE Digital Technologies  (TSXV:HIVE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


HIVE Digital Technologies Debt-to-Asset Related Terms

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HIVE Digital Technologies Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 855, Vancouver, BC, CAN, V6C 1H2
HIVE Digital Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.
Executives
Mario Sergi Senior Officer
Dave Perrill Director
Susan Mcgee Director
Aydin Kilic Senior Officer
Luke Rossy Senior Officer