Hut 8 (HUT) Debt Ratio (2023 - 2025)
Hut 8 (HUT) reported Debt Ratio of 0.0 for Q3 2025, down 99.39% on a YoY basis from 0.27 in Q3 2024, and up 84.68% quarter-over-quarter from 0.0 in Q2 2025.
Hut 8 (HUT) Debt Ratio (2023 - 2025) Analysis & Trends
Hut 8 has reported Debt Ratio for 3 years, with the latest figure 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.
- The five-year high for Debt Ratio was 0.79 in Q2 2023, with the low at 0.0 in Q1 2025.
- Historically, Debt Ratio has averaged 0.27 across 3 years, with a median of 0.22 in 2024.
- Annual changes were most pronounced in 2024 — Debt Ratio slumped 33.89% — and 2025, when it slumped 99.7%.
- Hut 8's Debt Ratio stood at 0.25 in 2023, then plunged by 33.89% to 0.17 in 2024, then slumped 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 0.08 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 0.13 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | - |
| 10 | Hut 8 | 13.75 Bn | 13.90 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 |