BIT Mining Limited (BTCM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, BIT Mining Limited (BTCM) has a cash flow conversion efficiency ratio of -0.026x as of March 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 ($-10.30 Million) by net assets ($390.66 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of BIT Mining Limited to measure how much of total assets are equity-financed.
BIT Mining Limited - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how BIT Mining Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check BIT Mining Limited (BTCM) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
BIT Mining Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of BIT Mining Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
B3 Consulting Group AB
ST:B3
|
0.076x |
|
Blender Financial Technologies Ltd
TA:BLND
|
-0.053x |
|
RENN Fund Inc
NYSE MKT:RCG
|
-0.001x |
|
Evoke Pharma Inc
NASDAQ:EVOK
|
-0.155x |
|
Superhouse Limited
NSE:SUPERHOUSE
|
0.110x |
|
SyntekaBio Inc
KQ:226330
|
-0.169x |
|
Comfort Gloves Bhd
KLSE:2127
|
0.003x |
|
Indara Insurance Public Company Limited
BK:INSURE
|
0.071x |
Annual Cash Flow Conversion Efficiency for BIT Mining Limited (2011–2024)
The table below shows the annual cash flow conversion efficiency of BIT Mining Limited from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see BTCM company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $66.78 Million | $-32.74 Million | -0.490x | +56.63% |
| 2023-12-31 | $25.13 Million | $-28.41 Million | -1.131x | +27.43% |
| 2022-12-31 | $40.80 Million | $-63.56 Million | -1.558x | -816.12% |
| 2021-12-31 | $201.54 Million | $-34.27 Million | -0.170x | -3.64% |
| 2020-12-31 | $59.77 Million | $-9.81 Million | -0.164x | +42.29% |
| 2019-12-31 | $81.97 Million | $-23.30 Million | -0.284x | -95.81% |
| 2018-12-31 | $160.72 Million | $-23.33 Million | -0.145x | -11.24% |
| 2017-12-31 | $231.18 Million | $-30.17 Million | -0.131x | -106.76% |
| 2016-12-31 | $260.88 Million | $-16.47 Million | -0.063x | -378.00% |
| 2015-12-31 | $287.49 Million | $6.53 Million | 0.023x | -89.87% |
| 2014-12-31 | $180.17 Million | $40.39 Million | 0.224x | +522.07% |
| 2013-12-31 | $133.56 Million | $4.81 Million | 0.036x | +100.10% |
| 2012-12-31 | $-419.75K | $14.82 Million | -35.305x | -3880.90% |
| 2011-12-31 | $11.83 Million | $11.05 Million | 0.934x | -- |
About BIT Mining Limited
BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates through Data Center and Cryptocurrency Mining segments. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines. In addition, it engages in online gaming activities; and… Read more