Hut 8 (FRA:V71) Scaled Net Operating Assets : 0.88 (As of Sep. 2024)

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What is Hut 8 Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hut 8's operating assets for the quarter that ended in Sep. 2024 was €925.3 Mil. Hut 8's operating liabilities for the quarter that ended in Sep. 2024 was €38.5 Mil. Hut 8's Total Assets for the quarter that ended in Jun. 2024 was €1,009.8 Mil. Therefore, Hut 8's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.88.

Hut 8 Scaled Net Operating Assets Historical Data

The historical data trend for Hut 8's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Hut 8 Annual Data

Trend

Jun21

Jun22

Scaled Net Operating Assets

0.73

5.21

Hut 8 Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial									0.81	-	-	0.87	0.88

Competitive Comparison of Hut 8's Scaled Net Operating Assets

For the Capital Markets subindustry, Hut 8's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Hut 8's Scaled Net Operating Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hut 8's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hut 8's Scaled Net Operating Assets falls into.

Hut 8 Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hut 8's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2022 )
=	(Operating Assets (A: Jun. 2022 )	-	Operating Liabilities (A: Jun. 2022 ))	/	Total Assets (A: Jun. 2021 )
=	(211.865	-	25.298)	/	35.826
=	5.21

where

	Operating Assets		(A: Jun. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	231.794	-	19.929
=	211.865

	Operating Liabilities		(A: Jun. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	148.921	-	50.108	-	73.515
=	25.298

Hut 8's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(925.274	-	38.524)	/	1009.802
=	0.88

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	990.4	-	65.126
=	925.274

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	348.441	-	244.504	-	65.413
=	38.524

Hut 8 Scaled Net Operating Assets Related Terms

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Hut 8 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hut 8 Corp (FRA:V71) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

HUT:USA HUT1:Mexico HUT:Canada

Address

1101 Brickell Avenue, Suite 1500, Miami, FL, USA, 33131

Website

https://www.hut8.com

Hut 8 Corp is engaged in the mining of digital assets with an operational focus on utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and receiving Bitcoin in return for successful services. The company has four reportable business segments: Digital Assets Mining, Managed Services, High Performance Computing -Colocation and Cloud, and Other. It derives maximum revenue from Digital Assets Mining segment.

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