Bitfarms Ltd (BITF) — Cash Flow Quality Index
Latest as of December 2024:
-10.20x
Bitfarms Ltd (BITF) has a Cash Flow Quality Index of -10.20x as of December 2024. Operating cash flow of $-154.67 Million is below net income of $15.16 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Bitfarms Ltd to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-10.20x
Operating CF / Net Income
Operating Cash Flow
$-154.67 Million
USD
Net Income
$15.16 Million
USD
Data as of
Dec 2024
Most recent filing
Bitfarms Ltd Cash Flow Quality Index (2017–2021)
Historical Cash Flow Quality Index for Bitfarms Ltd across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Bitfarms Ltd cash flow conversion.
Annual Cash Flow Quality Index for Bitfarms Ltd (2017–2021)
Year-by-year earnings quality comparison for Bitfarms Ltd.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | -1.68x | $-37.17 Million | $22.13 Million | ▼ -158.8% |
| 2019 | 2.86x | $6.02 Million | $2.11 Million | ▲ +82.7% |
| 2017 | 1.56x | $7.94 Million | $5.08 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.