Bitfarms Ltd (BITF) — Net Asset Quality Index
Bitfarms Ltd (BITF) has a Net Asset Quality Index of 76.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $801.28 Million minus total liabilities of $189.92 Million yields net assets of $611.36 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Bitfarms Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Bitfarms Ltd Net Asset Quality Index Over Time (2017–2024)
This chart shows how Bitfarms Ltd's Net Asset Quality Index has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the index stands at 76.3%, representing net assets of $611.36 Million against total assets of $801.28 Million USD. Explore Bitfarms Ltd cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Bitfarms Ltd (2017–2024)
The table below presents the year-by-year Net Asset Quality Index for Bitfarms Ltd from 2017 to 2024, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see BITF stock market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.1% | $608.00 Million | $667.62 Million | $59.62 Million | ▲ +13.2 pp |
| 2023 | 77.8% | $294.76 Million | $378.73 Million | $83.96 Million | ▲ +3.4 pp |
| 2022 | 74.4% | $255.40 Million | $343.10 Million | $87.70 Million | ▲ +8.3 pp |
| 2021 | 66.2% | $359.01 Million | $542.59 Million | $183.58 Million | ▲ +36.3 pp |
| 2020 | 29.9% | $15.45 Million | $51.70 Million | $36.26 Million | ▼ -23.3 pp |
| 2019 | 53.1% | $28.09 Million | $52.86 Million | $24.77 Million | ▼ -25.6 pp |
| 2018 | 78.7% | $20.65 Million | $26.23 Million | $5.58 Million | ▼ -2.0 pp |
| 2017 | 80.8% | $27.90 Million | $34.55 Million | $6.64 Million | — |