Bitfarms Ltd (BITF) — Capital Reinvestment Ratio

Latest as of June 2024: 7.89x

Bitfarms Ltd (BITF) has a Capital Reinvestment Ratio of 7.89x as of June 2024, meaning it reinvests 8% of its operating cash flow ($9.65 Million) in capital expenditures ($76.19 Million). See BITF free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

7.89x
Capex / Operating Cash Flow

Operating Cash Flow

$9.65 Million
USD

Capital Expenditures

$76.19 Million
USD

Data as of

Jun 2024
Most recent filing

Bitfarms Ltd Capital Reinvestment Ratio (2017–2023)

This chart tracks Bitfarms Ltd's Capital Reinvestment Ratio across 6 annual periods.

Annual Capital Reinvestment Ratio for Bitfarms Ltd (2017–2023)

Year-by-year Capital Reinvestment Ratio for Bitfarms Ltd from 2017 to 2023. For live market cap and broader valuation context, see BITF market cap.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2023 3.02x $24.03 Million $72.61 Million ▼ -43.8%
2022 5.38x $36.25 Million $194.98 Million ▲ +766.4%
2020 0.62x $7.22 Million $4.48 Million ▼ -84.3%
2019 3.95x $6.02 Million $23.78 Million ▲ +138.5%
2018 1.66x $13.76 Million $22.79 Million ▼ -7.2%
2017 1.79x $7.94 Million $14.19 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow