Bitfarms Ltd. (KEEL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Bitfarms Ltd. (KEEL) has a cash flow conversion efficiency ratio of -0.131x as of December 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 ($-73.65 Million) by net assets ($560.38 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Bitfarms Ltd. balance sheet quality to measure how much of total assets are equity-financed.
Bitfarms Ltd. - Cash Flow Conversion Efficiency Trend (2022–2025)
This chart illustrates how Bitfarms Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Bitfarms Ltd.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Triumph Financial, Inc.
NASDAQ:TFIN
|
0.027x |
|
Birchcliff Energy Ltd.
TO:BIR
|
0.042x |
|
Gravita India Limited
NSE:GRAVITA
|
-0.021x |
|
Chongqing Taiji Industry Group Co Ltd
SHG:600129
|
0.112x |
|
Indian Energy Exchange Limited
NSE:IEX
|
-0.006x |
|
Streamax Technology Co Ltd
SHE:002970
|
0.051x |
|
Changzhou Qianhong Biopharma Co Ltd
SHE:002550
|
0.055x |
|
Shenzhen Qingyi Photomask Ltd
SHG:688138
|
0.031x |
Annual Cash Flow Conversion Efficiency for Bitfarms Ltd. (2022–2025)
The table below shows the annual cash flow conversion efficiency of Bitfarms Ltd. from 2022 to 2025. For the full company profile with market capitalisation and key ratios, see Bitfarms Ltd. (KEEL) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $560.38 Million | $-226.59 Million | -0.404x | -74.90% |
| 2024-12-31 | $608.00 Million | $-140.56 Million | -0.231x | +35.54% |
| 2023-12-31 | $294.76 Million | $-105.71 Million | -0.359x | -352.67% |
| 2022-12-31 | $255.40 Million | $36.25 Million | 0.142x | -- |
About Bitfarms Ltd.
Keel Infrastructure Corp. operates as a digital infrastructure and energy company that develops and owns data centers and energy infrastructure for computing workloads, including AI in North America. The company was founded in 2017 and is headquartered in New York, New York.