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
DateValue
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