Hut 8 Mining EBITDA margin
What is the EBITDA margin of Hut 8 Mining?
The EBITDA margin of Hut 8 Mining Corp. is 9.65%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Finance sector on OTC compared to Hut 8 Mining
What does Hut 8 Mining do?
Hut 8 Mining Corp. operates as a cryptocurrency mining company in Canada. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBox AC data centers in Drumheller, Alberta; and 56 BlockBox AC data centers in Medicine Hat, Alberta. The company is headquartered in Toronto, Canada.
Companies with ebitda margin similar to Hut 8 Mining
- Strategic Trust has EBITDA margin of 9.63%
- LINK Mobility ASA has EBITDA margin of 9.64%
- LINK Mobility ASA has EBITDA margin of 9.64%
- TriNet Inc has EBITDA margin of 9.64%
- Marlowe plc has EBITDA margin of 9.65%
- Pudumjee Paper Products has EBITDA margin of 9.65%
- Hut 8 Mining has EBITDA margin of 9.65%
- Phoenix Mecano AG has EBITDA margin of 9.66%
- Goa Carbon has EBITDA margin of 9.66%
- Revolution Bars Plc has EBITDA margin of 9.66%
- B.A.G. Films and Media has EBITDA margin of 9.66%
- Sportscene has EBITDA margin of 9.66%
- Chow Tai Fook Jewellery has EBITDA margin of 9.67%