Bitfarms Ltd (BITF) — Defensive Interval Ratio
Bitfarms Ltd (BITF) has a Defensive Interval Ratio of 575 days as of September 2025. Defensive assets of $184.24 Million (cash $-, short-term investments $171.28 Million, receivables $12.96 Million) cover 575 days of daily cash needs of $320.69K/day. See Bitfarms Ltd (BITF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bitfarms Ltd Defensive Interval Ratio (2017–2024)
This chart shows how Bitfarms Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 575 days, meaning defensive assets of $184.24 Million can fund 575 days of operations without new revenue. See BITF equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Bitfarms Ltd (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Bitfarms Ltd from 2017 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Bitfarms Ltd market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 969 days | $96.27 Million | $99.37K/day | $- | $87.30 Million | ▲ +797 days |
| 2023 | 172 days | $32.58 Million | $189.46K/day | $- | $31.87 Million | ▲ +56 days |
| 2022 | 116 days | $21.40 Million | $184.69K/day | $- | $4.63 Million | ▼ -33 days |
| 2021 | 149 days | $67.07 Million | $451.38K/day | $- | $66.03 Million | ▲ +131 days |
| 2020 | 18 days | $1.40 Million | $78.02K/day | $- | $0.00 | ▼ -318 days |
| 2019 | 336 days | $3.69 Million | $10.98K/day | $- | $- | ▲ +238 days |
| 2018 | 99 days | $1.26 Million | $12.76K/day | $- | $- | ▲ +66 days |
| 2017 | 33 days | $519.00K | $15.71K/day | $- | $- | — |