Interest Coverage Ratio: -8.08x
Is the interest coverage ratio high or low?
The interest coverage ratio of -8.08x is 482% below its 5-year average of 2.11x, around the middle of its 5-year range (-77.59x–66.62x).
As of Friday, June 26, 2026. 45.72% above its 12-month average of -14.89x.
HUT Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
HUT Average Interest Coverage Ratio Chart
HUT Current vs Average Interest Coverage Ratio Chart
HUT Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-8.08x
INTEREST COVERAGE RATIO AVG TTM
-14.89x
INTEREST COVERAGE RATIO AVG 3Y
1.78x
INTEREST COVERAGE RATIO AVG 5Y
0.72x
INTEREST COVERAGE RATIO AVG 10Y
-4.43x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+45.72%
CURRENT VS 3Y AVG
-553.04%
CURRENT VS 5Y AVG
-1229.95%
CURRENT VS 10Y AVG
-82.47%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
HUT Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hut 8 Corp. (HUT) | $13.25B | -8.08x | -14.89x | 1.78x | 0.72x |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 3.59x | 4.73x | 6.49x | 5.92x |
| Rambus Inc. (RMBS)vs › | $13.38B | 189.53x | 157.99x | 105.03x | 84.58x |
| PTC Inc. (PTC)vs › | $13.00B | 12.76x | 8.84x | 7.36x | 6.63x |
| TeraWulf Inc. (WULF)vs › | $12.91B | -2.12x | 2.98x | 2.98x | 2.98x |
| Leidos Holdings, Inc. (LDOS)vs › | $12.58B | 10.38x | 9.93x | 7.59x | 6.90x |
| Viavi Solutions Inc. (VIAV)vs › | $11.89B | 2.36x | 1.88x | 3.84x | 4.92x |
| Tyler Technologies, Inc. (TYL)vs › | $11.85B | 71.61x | 61.05x | 34.75x | 29.56x |
| Dynatrace, Inc. (DT)vs › | $11.74B | N/A | 17.61x | 13.89x | 13.89x |
| Trimble Inc. (TRMB)vs › | $11.71B | 8.17x | 6.63x | 5.35x | 6.36x |
Financial Health Indicators
Interest Coverage
-8.1x
Debt/Equity
0.30
Current Ratio
1.09
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Hut 8 Corp. (HUT)?
- The interest coverage ratio for HUT stock is -8.08x.
- Is Hut 8 Corp.'s interest coverage ratio high or low?
- The interest coverage ratio of -8.08x is 482% below its 5-year average of 2.11x, around the middle of its 5-year range (-77.59x–66.62x).
- What is the TTM average interest coverage ratio for Hut 8 Corp. (HUT)?
- The TTM average interest coverage ratio for HUT stock is -14.89x.
- What is the 3Y average interest coverage ratio for Hut 8 Corp. (HUT)?
- The 3Y average interest coverage ratio for HUT stock is 1.78x.
- What is the 5Y average interest coverage ratio for Hut 8 Corp. (HUT)?
- The 5Y average interest coverage ratio for HUT stock is 0.72x.
- What is the 10Y average interest coverage ratio for Hut 8 Corp. (HUT)?
- The 10Y average interest coverage ratio for HUT stock is -4.43x.
HUT Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-03-31 | -8.08x |
| 2025-12-31 | -77.59x |
| 2025-09-30 | 8.60x |
| 2025-06-30 | 22.37x |
| 2025-03-31 | -19.77x |
| 2024-12-31 | 29.48x |
| 2024-09-30 | -0.20x |
| 2024-06-30 | -14.42x |
| 2024-03-31 | 42.49x |
| 2024-01-12 | 1.82x |
| 2023-09-30 | -0.12x |
| 2023-06-30 | 0.17x |
| 2023-03-31 | -0.23x |
| 2022-12-31 | -19.15x |
| 2022-09-30 | 1.97x |
| 2022-06-30 | -9.93x |
| 2022-03-31 | -2.96x |
| 2021-12-31 | -2.58x |
| 2021-09-30 | -0.55x |
| 2021-06-30 | 66.62x |
| 2021-03-31 | 26.46x |
| 2020-12-31 | -2.79x |
| 2020-09-30 | -1.46x |
| 2020-06-30 | 3.60x |
| 2020-03-31 | -10.98x |
| 2019-12-31 | -9.01x |
| 2019-09-30 | -3.21x |
| 2019-06-30 | 25.42x |
| 2019-03-31 | -8.17x |
| 2018-12-31 | -45.50x |
| 2018-09-30 | -45.64x |
| 2018-06-30 | -262.64x |
| 2015-06-30 | -0.72x |
| 2013-06-30 | -12.54x |
About Hut 8 Corp.
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.
- Sector
- Technology
- Industry
- Software - Services
- CEO
- Asher Genoot