BIT Mining Limited Cash Flow Conversion Efficiency
BIT Mining Limited 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.
Cash Flow Conversion Efficiency of BIT Mining Limited (2011–2024)
Cash flow conversion efficiency of BIT Mining Limited from 2011 to 2024. This chart illustrates how BIT Mining Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for BIT Mining Limited for real-time trading data and today's change.
BIT Mining Limited Cash Flow Conversion Ratio Explained
BIT Mining Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of BIT Mining Limited for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shreyans Industries Limited
NSE:SHREYANIND
|
0.040x |
|
Savills
LSE:SVS
|
0.341x |
|
Rapid Synergy Bhd
KLSE:7765
|
-0.138x |
|
PJX Resources Inc
V:PJX
|
-0.754x |
|
BRAINCOOL AB
F:5YL
|
-0.095x |
|
Aurania Resources Ltd
V:ARU
|
0.119x |
|
Muar Ban Lee Group Bhd
KLSE:5152
|
0.017x |
|
Ecolomondo Corp
V:ECM
|
3.144x |
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. Review BIT Mining Limited (BTCM) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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