Bitfarms Ltd. (KEEL) — Financial Flexibility Index

Latest as of December 2025: -0.07x

Bitfarms Ltd. (KEEL) has a Financial Flexibility Index of -0.07x as of December 2025. Free cash flow of $-49.54 Million (operating CF $-73.65 Million minus capex $24.11 Million) represents 0% of total liabilities ($735.97 Million). Check Bitfarms Ltd. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-49.54 Million
Operating CF − Capex

Total Liabilities

$735.97 Million
USD

Capital Expenditures

$24.11 Million
USD

Bitfarms Ltd. Financial Flexibility Index (2022–2025)

Historical Financial Flexibility Index trend for Bitfarms Ltd. across 4 annual periods. For the full cash flow conversion analysis, see KEEL cash flow metrics.

Annual Financial Flexibility Index for Bitfarms Ltd. (2022–2025)

Year-by-year free cash flow to debt coverage for Bitfarms Ltd.. Explore Bitfarms Ltd. cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.17x $-126.30 Million $-226.59 Million $735.97 Million ▼ -105.1%
2024 3.34x $199.29 Million $-140.56 Million $59.62 Million ▲ +915.7%
2023 -0.41x $-34.41 Million $-105.71 Million $83.96 Million ▼ -115.5%
2022 2.64x $231.23 Million $36.25 Million $87.70 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities