Hut 8 (HUT) Debt to Equity (2023 - 2025)
Hut 8 (HUT) reported Debt to Equity of $0.0 for Q3 2025, down 99.36% on a YoY basis from $0.42 in Q3 2024, and up 106.2% quarter-over-quarter from $0.0 in Q2 2025.
Hut 8 (HUT) Debt to Equity (2023 - 2025) Analysis & Trends
Hut 8 has reported Debt to Equity for 3 years, with the latest figure at $0.0 in Q3 2025.
- For the quarter ending Q3 2025, Debt to Equity fell 99.36% year-over-year to $0.0; the trailing twelve-month figure through Sep 2025 stood at $0.0 (down 99.36% YoY), and the FY2024 full-year result was $0.26, down 32.6% from the prior year.
- Debt to Equity for Q3 2025 stood at $0.0, up from $0.0 in the prior quarter.
- The five-year high for Debt to Equity was $6.03 in Q3 2023, with the low at $0.0 in Q1 2025.
- Historically, Debt to Equity has averaged $1.33 across 3 years, with a median of $0.32 in 2023.
- Annual changes were most pronounced in 2024 — Debt to Equity slumped 32.6% — and 2025, when it plunged 99.74%.
- Hut 8's Debt to Equity stood at $0.38 in 2023, then tumbled by 32.6% to $0.26 in 2024, then slumped by 98.96% to $0.0 in 2025.
- The last three Debt to Equity figures came in at $0.0 (Q3 2025), $0.0 (Q2 2025), and $0.0 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 0.00 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 1.04 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 2.11 |
| 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 | 0.26 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 6.03 |
| Jun 30, 2023 | 5.48 |