Hut Historical Cash Flow
| HUT Stock | CAD 18.51 0.02 0.11% |
Analysis of Hut 8 cash flow over time is an excellent tool to project Hut 8 Mining future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 890.6 K or End Period Cash Flow of 49.3 M as it is a great indicator of Hut 8 ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Hut 8 Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hut 8 Mining is a good buy for the upcoming year.
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About Hut Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Hut balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Hut's non-liquid assets can be easily converted into cash.
Hut 8 Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Hut 8's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Hut 8 Mining current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hut 8 Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Hut 8's Change To Liabilities is very stable compared to the past year.
Hut 8 cash flow statement Correlations
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Hut 8 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hut 8 cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (130.1K) | 137.3M | (109.6M) | 10.3M | 11.9M | 12.4M | |
| Begin Period Cash Flow | 2.9M | 2.8M | 140.1M | 30.5M | 35.1M | 36.8M | |
| Other Cashflows From Financing Activities | 7.5M | 105.4M | (4.1M) | (58.6M) | (52.7M) | (50.1M) | |
| Capital Expenditures | 5.8M | 86.4M | 72.7M | 815.2K | 937.5K | 890.6K | |
| Total Cash From Financing Activities | 8.3M | 455.8M | 99.8M | (33.5M) | (38.5M) | (36.5M) | |
| End Period Cash Flow | 2.8M | 140.1M | 30.5M | 40.8M | 46.9M | 49.3M | |
| Stock Based Compensation | (284.4K) | 9.9M | 6.9M | 32.4M | 37.2M | 39.1M | |
| Free Cash Flow | (7.1M) | (166.7M) | (177.7M) | (27.3M) | (24.6M) | (25.8M) | |
| Change In Working Capital | 1.3M | 2.2M | 2.0M | 8.9M | 10.2M | 10.7M | |
| Total Cash From Operating Activities | (1.3M) | (80.2M) | (105.0M) | (26.5M) | (23.8M) | (22.6M) | |
| Net Income | 19.0M | (72.7M) | (242.8M) | 8.4M | 7.5M | 7.9M | |
| Other Non Cash Items | (27.5M) | (48.5M) | 24.7M | (32.4M) | (29.2M) | (27.7M) | |
| Depreciation | 21.3M | 23.3M | 94.5M | 14.6M | 16.8M | 16.0M |
Pair Trading with Hut 8
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hut 8 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hut 8 will appreciate offsetting losses from the drop in the long position's value.Moving together with Hut Stock
| 0.84 | GOOG | Alphabet CDR | PairCorr |
| 0.89 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.76 | AMZN | Amazon CDR | PairCorr |
| 0.74 | NVDA | NVIDIA CDR | PairCorr |
Moving against Hut Stock
| 0.86 | VZ | Verizon Communications | PairCorr |
| 0.86 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.67 | TD | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Hut 8 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hut 8 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hut 8 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hut 8 Mining to buy it.
The correlation of Hut 8 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hut 8 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hut 8 Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hut 8 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Hut Stock
The Cash Flow Statement is a financial statement that shows how changes in Hut balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Hut's non-liquid assets can be easily converted into cash.