Bitcoin Fund Unit (QBTC) — Financial Flexibility Index

Latest as of June 2024: -5.62x

Bitcoin Fund Unit (QBTC) has a Financial Flexibility Index of -5.62x as of June 2024. Free cash flow of CA$-6.13 Million (operating CF CA$-6.13 Million minus capex CA$0.00) represents -6% of total liabilities (CA$1.09 Million). Check how tangible is Bitcoin Fund Unit's equity to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-5.62x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-6.13 Million
Operating CF − Capex

Total Liabilities

CA$1.09 Million
CAD

Capital Expenditures

CA$0.00
CAD

Bitcoin Fund Unit Financial Flexibility Index (2020–2023)

Historical Financial Flexibility Index trend for Bitcoin Fund Unit across 4 annual periods. For the full cash flow conversion analysis, see Bitcoin Fund Unit cash flow conversion.

Annual Financial Flexibility Index for Bitcoin Fund Unit (2020–2023)

Year-by-year free cash flow to debt coverage for Bitcoin Fund Unit. Explore debt repayment capacity of Bitcoin Fund Unit to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2023 -8.77x CA$-6.80 Million CA$-6.80 Million CA$775.77K ▲ +66.0%
2022 -25.82x CA$-12.04 Million CA$-12.04 Million CA$466.06K ▼ -88.3%
2021 -13.72x CA$-25.51 Million CA$-25.51 Million CA$1.86 Million ▼ -6900.1%
2020 -0.20x CA$-2.71 Million CA$-2.71 Million CA$13.81 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities