Hut 8 Debt-to-Equity Ratio Growth & History (HUT)
Hut 8's debt-to-equity ratio was 0.01 for fiscal 2025.
View full Hut 8 company overviewHut 8 annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.01 | −0.34 | −96.19% |
| 2024 | 2024-12-31 | 0.35 | −0.06 | −15.33% |
| 2023 · Dec 31 | 2023-12-31 | 0.42 | — | — |
| 2023 · Jun 30 | 2023-06-30 | 5.57 | 4.08 | +273.54% |
| 2022 | 2022-06-30 | 1.49 | — | — |
Hut 8 quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.02 | −0.02 | −41.82% |
| Q1 2026 | 2026-03-31 | 0.01 | −0.03 | −72.23% |
| Q4 2025 | 2025-12-31 | 0.01 | −0.34 | −96.19% |
| Q3 2025 | 2025-09-30 | 0.03 | −0.46 | −93.87% |
| Q2 2025 | 2025-06-30 | 0.04 | −0.52 | −93.52% |
| Q1 2025 | 2025-03-31 | 0.05 | −0.25 | −84.13% |
| Q4 2024 | 2024-12-31 | 0.35 | −0.06 | −15.33% |
| Q3 2024 | 2024-09-30 | 0.49 | 0.44 | +818.37% |
| Q2 2024 | 2024-06-30 | 0.56 | −5.01 | −89.97% |
| Q1 2024 · Mar 31 | 2024-03-31 | 0.30 | — | — |
| Q4 2023 · Dec 31 | 2023-12-31 | 0.42 | — | — |
| Q1 2024 · Sep 30 | 2023-09-30 | 0.05 | — | — |
| Q4 2023 · Jun 30 | 2023-06-30 | 5.57 | — | — |
Hut 8 debt-to-equity ratio trends
Between the periods ended 2022-06-30 and 2025-12-31, Hut 8's debt-to-equity ratio decreased from 1.49 to 0.01, a change of −1.48. The latest reported quarter, Q2 2026, shows 0.02.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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