Bitfarms Ltd. (KEEL) — Net Asset Quality Index
Bitfarms Ltd. (KEEL) has a Net Asset Quality Index of 43.2% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.30 Billion minus total liabilities of $735.97 Million yields net assets of $560.38 Million. A higher index indicates a stronger, lower-leverage balance sheet. See KEEL defensive asset coverage days 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 (2022–2025)
This chart shows how Bitfarms Ltd.'s Net Asset Quality Index has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the index stands at 43.2%, representing net assets of $560.38 Million against total assets of $1.30 Billion USD. Explore cash flow conversion of Bitfarms Ltd. to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Bitfarms Ltd. (2022–2025)
The table below presents the year-by-year Net Asset Quality Index for Bitfarms Ltd. from 2022 to 2025, covering 4 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 market value of Bitfarms Ltd..
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 43.2% | $560.38 Million | $1.30 Billion | $735.97 Million | ▼ -47.8 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 | — |