Hut 8 (HUT) Debt Ratio (2023 - 2025)
Hut 8 posted quarterly Debt Ratio of 0.0 for Q3 2025, down 99.39% year-on-year from 0.27 in Q3 2024, and up 84.68% on a QoQ basis from 0.0 in Q2 2025.
Hut 8 (HUT) has 3 years of Debt Ratio data on file, last reported at 0.0 in Q3 2025.
- For the quarter ending Q3 2025, Debt Ratio fell 99.39% year-over-year to 0.0; the trailing twelve-month figure through Sep 2025 stood at 0.0 (down 99.39% YoY), and the FY2024 full-year result was 0.17, down 33.89% from the prior year.
- Debt Ratio for Q3 2025 stood at 0.0, up from 0.0 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.79 in Q2 2023 and bottomed at 0.0 in Q1 2025.
- The 3-year median for Debt Ratio is 0.22 (2024), against an average of 0.27.
- The widest annual swing landed in 2024, when Debt Ratio plunged 33.89%; it then plunged 99.7% in 2025.
- A 3-year view of Debt Ratio shows it stood at 0.25 in 2023, then tumbled by 33.89% to 0.17 in 2024, then sank by 99.01% to 0.0 in 2025.
- The last three Debt Ratio figures came in at 0.0 (Q3 2025), 0.0 (Q2 2025), and 0.0 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 0.08 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 0.13 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | - |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.00 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.79 |
| Jun 30, 2023 | 0.79 |