Hut 8 Corp. (HUT) Quick Ratio (Acid-Test): 1.09
Is Hut 8 Corp.’s quick ratio (acid-test) high or low?
Hut 8 Corp.'s quick ratio (acid-test) of 1.09 is 79% below its 5-year average of 5.12, near the low end of its 5-year range (0.72–17.83).
As of Wednesday, June 24, 2026. 21.01% below its 12-month average of 1.38.
HUT Quick Ratio (Acid-Test) Chart
Reported annual fiscal-period values; no daily interpolation.
HUT Average Quick Ratio (Acid-Test) Chart
HUT Current vs Average Quick Ratio (Acid-Test) Chart
HUT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.09
QUICK RATIO (ACID-TEST) AVG TTM
1.38
QUICK RATIO (ACID-TEST) AVG 3Y
2.83
QUICK RATIO (ACID-TEST) AVG 5Y
5.12
QUICK RATIO (ACID-TEST) AVG 10Y
3.36
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-21.01%
CURRENT VS 3Y AVG
-61.42%
CURRENT VS 5Y AVG
-78.72%
CURRENT VS 10Y AVG
-67.56%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
HUT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hut 8 Corp. (HUT) | $13.57B | 1.09 | 1.38 | 2.83 | 5.12 |
| Rambus Inc. (RMBS)vs › | $13.47B | 7.84 | 7.87 | 6.60 | 6.15 |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 1.14 | 1.25 | 1.34 | 1.47 |
| Leidos Holdings, Inc. (LDOS)vs › | $13.35B | 1.58 | 1.35 | 1.32 | 1.17 |
| PTC Inc. (PTC)vs › | $13.04B | 1.12 | 0.95 | 1.00 | 1.10 |
| Applied Digital Corp. (APLD)vs › | $12.94B | 0.77 | 0.75 | 0.82 | 1.60 |
| Unity Software Inc. (U)vs › | $12.05B | 1.84 | 2.17 | 2.32 | 2.81 |
| Toast, Inc. (TOST)vs › | $15.09B | 2.64 | 2.42 | 2.35 | 3.01 |
| Viavi Solutions Inc. (VIAV)vs › | $12.03B | 1.30 | 2.23 | 2.32 | 2.13 |
| Zebra Technologies Corporation (ZBRA)vs › | $11.80B | 0.58 | 0.80 | 0.65 | 0.61 |
Liquidity Comparison
Quick Ratio
1.09
Excludes inventory
Current Ratio
1.09
Includes inventory
Hut 8 Corp. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Hut 8 Corp. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Hut 8 Corp. (HUT)?
- The quick ratio (acid-test) for HUT stock is 1.09.
- Is Hut 8 Corp.'s quick ratio (acid-test) high or low?
- Hut 8 Corp.'s quick ratio (acid-test) of 1.09 is 79% below its 5-year average of 5.12, near the low end of its 5-year range (0.72–17.83).
- What is the TTM average quick ratio (acid-test) for Hut 8 Corp. (HUT)?
- The TTM average quick ratio (acid-test) for HUT stock is 1.38.
- What is the 3Y average quick ratio (acid-test) for Hut 8 Corp. (HUT)?
- The 3Y average quick ratio (acid-test) for HUT stock is 2.83.
- What is the 5Y average quick ratio (acid-test) for Hut 8 Corp. (HUT)?
- The 5Y average quick ratio (acid-test) for HUT stock is 5.12.
- What is the 10Y average quick ratio (acid-test) for Hut 8 Corp. (HUT)?
- The 10Y average quick ratio (acid-test) for HUT stock is 3.36.
Hut 8 Corp. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.09 |
| 2024-12-31 | 1.67 |
| 2024-01-12 | 0.72 |
| 2023-06-30 | 7.82 |
| 2022-06-30 | 17.83 |
| 2021-06-30 | 1.60 |
| 2019-12-31 | 1.65 |
| 2018-12-31 | 0.17 |
| 2017-12-31 | 1.04 |
| 2017-06-30 | 1.30 |
| 2016-06-30 | 2.07 |
| 2015-06-30 | 3.12 |
| 2014-06-30 | 5.14 |
| 2013-06-30 | 246.54 |
Related Metrics
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