Bitfarms Ltd (BITF) - Cash Flow Conversion Efficiency
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. Also see how much is Bitfarms Ltd worth for the company's overall valuation and market capitalisation.
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.
Bitfarms Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bitfarms Ltd ranked by their cash flow conversion efficiency. Explore cash flow quality index of Bitfarms Ltd to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Omada Health, Inc. Common Stock
NASDAQ:OMDA
|
0.016x |
|
Kale Environmental Technology (Shanghai) Corporation
SHE:301070
|
N/A |
|
tonies SE
F:TNIE
|
-0.050x |
|
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd
SHE:000922
|
0.028x |
|
SHANG.FOS.PHARM.GR.H YC 1
F:08HH
|
N/A |
|
Unilever PLC
LSE:ULVR
|
0.125x |
|
H&K AG
PA:MLHK
|
0.239x |
|
Zhongnongfa Seed Industry Group Co Ltd
SHG:600313
|
-0.021x |
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. View Bitfarms Ltd share price for real-time trading data and today's change.
| 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 | -- |
About 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