Bitfarms Ltd
Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. The company also provides electrician services to comme… Read more
Bitfarms Ltd (BITF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.098x
Based on the latest financial reports, Bitfarms Ltd (BITF) has a cash flow conversion efficiency ratio of -0.098x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-59.84 Million) by net assets ($611.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bitfarms Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Bitfarms Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Bitfarms Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bitfarms Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
0.070x |
|
STORSKOGEN GROUP AB SER.B
F:0VK
|
N/A |
|
Sandy Spring Bancorp Inc
NASDAQ:SASR
|
0.020x |
|
Bank of Maharashtra
NSE:MAHABANK
|
-0.674x |
|
Hubei Jumpcan Pharmaceutical Co Ltd
SHG:600566
|
-0.018x |
|
Jiangzhong Pharmaceutical Co Ltd
SHG:600750
|
0.073x |
|
City Developments Ltd
PINK:CDEVY
|
-0.057x |
|
Ningbo Boway Alloy Material Co Ltd
SHG:601137
|
-0.062x |
Annual Cash Flow Conversion Efficiency for Bitfarms Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Bitfarms Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $608.00 Million | $-140.56 Million | -0.231x | -383.58% |
| 2023-12-31 | $294.76 Million | $24.03 Million | 0.082x | -42.56% |
| 2022-12-31 | $255.40 Million | $36.25 Million | 0.142x | +237.09% |
| 2021-12-31 | $359.01 Million | $-37.17 Million | -0.104x | -122.14% |
| 2020-12-31 | $15.45 Million | $7.22 Million | 0.468x | +118.17% |
| 2019-12-31 | $28.09 Million | $6.02 Million | 0.214x | -67.83% |
| 2018-12-31 | $20.65 Million | $13.76 Million | 0.666x | +134.03% |
| 2017-12-31 | $27.90 Million | $7.94 Million | 0.285x | -- |