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.
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. Read debt load of Bitfarms Ltd for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Beijing Jiuzhou Yi Gui Environmental Technology Co. Ltd.
SHG:688485
|
N/A |
|
Nanjing Panda Electronics Co Ltd
SHG:600775
|
0.042x |
|
Shanghai Fortune Techgroup Co Ltd
SHE:300493
|
0.105x |
|
Hangzhou Cogeneration Group Co Ltd
SHG:605011
|
0.007x |
|
H&K AG
PA:MLHK
|
0.239x |
|
Jiangsu Favored Nanotechnology Co. Ltd. A
SHG:688371
|
N/A |
|
YCC CORP
KQ:232140
|
0.072x |
|
Mahanagar Gas Limited
NSE:MGL
|
0.003x |
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. For the full company profile with market capitalisation and key ratios, see market value of Bitfarms Ltd.
| 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