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Cash ratio at other companies

Nextra Energy logo
Nextra EnergyNEE
0.1×0.0×
Equinix, Inc. logo
Equinix, Inc.EQIX
0.3×-0.6×
Exelon logo
ExelonEXC
0.1×-0.1×
Riot Platforms, Inc. logo
Riot Platforms, Inc.RIOT
0.5×-0.7×
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
0.6×+0.3×
Constellation Energy logo
Constellation EnergyCEG
0.1×

Other financials

Income statement

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Revenue$71.0M+226%
Gross profit$45.5M+1,341%
Operating income-$370.4M-151%
Net income-$219.8M-64.2%
EPS (diluted)-$1.98-52.3%

Balance sheet

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Cash & equivalents$160.0M+47.6%
Total debt$18.2M-65.3%
Total equity$1.4B+43.7%
Total assets$2.6B+66.0%

Cash flow

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Operating cash flow-$27.2M+19.6%
CapEx$36.6M-42.2%
Free cash flow-$63.8M+34.3%

Valuation

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Market cap$14.01B+331%
Enterprise value$13.87B+340%
P/S49.3×+24.7×

Profitability

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Gross margin59.7%+17.9pp
Operating margin-191.6%-226pp
Net margin-109.8%-256pp
FCF margin-108.6%-32.4pp

Returns & leverage

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Return on equity-26.7%-38.4pp
Debt / equity0.0×
Current ratio0.9×-0.4×

Where this comes from

Calculated from Hut 8 Mining Corp.’s reported figures.

Based on the most recent quarter.

The official record: Hut 8 Mining Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s cash ratio?
Hut 8 Mining Corp. (HUT) reported cash ratio of 0.6× in Q1 2026.
How has Hut 8 Mining Corp.'s cash ratio changed year-over-year?
Hut 8 Mining Corp.'s cash ratio increased by 24.7% year-over-year, from 0.5× to 0.6×.
What is the long-term trend for Hut 8 Mining Corp.'s cash ratio?
Over 2 years (2023 to 2025), Hut 8 Mining Corp.'s cash ratio has grown at a -33.6% compound annual growth rate (CAGR), from 0.3× to 0.1×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.