Bitfarms Ltd (BITF) — Capital Reinvestment Ratio
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). Check BITF tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Bitfarms Ltd Capital Reinvestment Ratio (2017–2023)
This chart tracks Bitfarms Ltd's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see Bitfarms Ltd (BITF) cash flow conversion.
Annual Capital Reinvestment Ratio for Bitfarms Ltd (2017–2023)
Year-by-year Capital Reinvestment Ratio for Bitfarms Ltd from 2017 to 2023. See BITF free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |