Bitfarms Historical Financial Ratios
BITF Stock | USD 2.14 0.15 7.54% |
Bitfarms is presently reporting on over 89 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 3.32 or Days Sales Outstanding of 1.69 will help investors to properly organize and evaluate Bitfarms financial condition quickly.
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About Bitfarms Financial Ratios Analysis
BitfarmsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Bitfarms investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Bitfarms financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Bitfarms history.
Bitfarms Financial Ratios Chart
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Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Bitfarms' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Bitfarms current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitfarms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.At this time, Bitfarms' Stock Based Compensation To Revenue is most likely to slightly decrease in the upcoming years. The Bitfarms' current PB Ratio is estimated to increase to 3.32, while Book Value Per Share is projected to decrease to 0.74.
2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 1.88 | 0.36 | 2.59 | 3.32 | Capex To Depreciation | 7.9 | 2.69 | 0.84 | 0.8 |
Bitfarms fundamentals Correlations
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Bitfarms Account Relationship Matchups
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Bitfarms fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.79 | 4.64 | 4.71 | (10.91) | 5.21 | 5.47 | |
Ptb Ratio | 0.91 | 10.44 | 1.88 | 0.36 | 2.59 | 3.32 | |
Days Sales Outstanding | 41.55 | 14.69 | 2.24 | (30.53) | 1.78 | 1.69 | |
Book Value Per Share | 0.42 | 0.18 | 2.68 | 1.23 | 1.12 | 0.74 | |
Free Cash Flow Yield | (0.69) | 0.017 | (0.29) | (1.74) | (0.0637) | (0.0668) | |
Operating Cash Flow Per Share | 0.0898 | 0.0851 | (0.24) | 0.17 | 0.0916 | 0.091 | |
Stock Based Compensation To Revenue | 0.0886 | 0.0633 | 0.13 | (2.6) | 0.0746 | 0.0783 | |
Capex To Depreciation | 3.47 | 0.39 | 7.9 | 2.69 | 0.84 | 0.8 | |
Pb Ratio | 0.91 | 10.44 | 1.88 | 0.36 | 2.59 | 3.32 | |
Ev To Sales | 1.41 | 5.28 | 4.47 | (14.99) | 4.78 | 5.01 | |
Free Cash Flow Per Share | (0.16) | (0.26) | 0.0323 | (1.46) | (0.76) | (0.19) | |
Roic | (1.05) | (0.25) | (0.29) | 0.0393 | (0.87) | (0.24) | |
Inventory Turnover | 199.88 | 217.12 | 106.52 | 224.34 | 238.11 | 134.18 | |
Net Income Per Share | 0.0314 | (0.19) | 0.14 | (1.15) | (0.4) | (0.42) | |
Days Of Inventory On Hand | 1.83 | 1.68 | 3.43 | 1.63 | 1.53 | 1.46 | |
Payables Turnover | 11.88 | 17.82 | 5.91 | 10.23 | 18.49 | 19.42 | |
Sales General And Administrative To Revenue | 0.13 | 0.0962 | 0.26 | (6.14) | 0.27 | 0.28 | |
Capex To Revenue | 0.73 | 0.13 | 1.14 | (23.26) | 0.5 | 0.52 | |
Cash Per Share | 0.0322 | 0.07 | 1.21 | 0.17 | 0.44 | 0.23 | |
Pocfratio | 4.25 | 22.34 | (21.42) | 2.52 | 31.76 | 33.34 | |
Interest Coverage | 0.78 | (1.52) | 10.92 | (19.97) | (6.05) | (6.35) | |
Capex To Operating Cash Flow | 3.95 | 0.62 | (5.2) | 5.38 | 3.02 | 3.17 | |
Pfcf Ratio | (1.44) | 58.9 | (3.46) | (0.58) | (15.71) | (14.92) | |
Days Payables Outstanding | 30.73 | 20.48 | 61.74 | 35.69 | 19.74 | 18.75 | |
Income Quality | 2.86 | (0.44) | (1.68) | (0.15) | (0.23) | (0.22) | |
Roe | 0.075 | (1.05) | 0.0524 | (0.94) | (0.35) | (0.37) | |
Ev To Operating Cash Flow | 7.58 | 25.44 | (20.33) | 3.47 | 29.09 | 30.54 | |
Pe Ratio | 12.16 | (9.9) | 35.98 | (0.38) | (7.34) | (6.97) | |
Return On Tangible Assets | 0.0404 | (0.32) | 0.0422 | (0.7) | (0.28) | (0.29) | |
Ev To Free Cash Flow | (2.57) | 67.09 | (3.28) | (0.79) | (14.39) | (13.67) | |
Earnings Yield | (0.31) | 0.0823 | (0.1) | 0.0278 | (2.61) | (0.14) | |
Intangibles To Total Assets | 0.0128 | 0.007292 | 0.0343 | 9.6E-5 | 0.00977 | 0.009281 | |
Net Debt To E B I T D A | 1.99 | 13.19 | (0.57) | (0.33) | 4.05 | 4.25 | |
Current Ratio | 1.63 | 0.32 | 2.84 | 1.03 | 1.88 | 1.13 | |
Receivables Turnover | 8.78 | 24.85 | 163.01 | (11.96) | 204.99 | 215.24 | |
Graham Number | 0.54 | 0.89 | 2.91 | 5.64 | 3.17 | 1.73 | |
Shareholders Equity Per Share | 0.42 | 0.18 | 2.68 | 1.23 | 1.12 | 0.73 | |
Debt To Equity | 0.56 | 1.12 | 0.17 | 0.18 | 0.0136 | 0.013 | |
Capex Per Share | 0.35 | 0.0528 | 1.23 | 0.94 | 0.28 | 0.4 |
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When determining whether Bitfarms is a strong investment it is important to analyze Bitfarms' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bitfarms' future performance. For an informed investment choice regarding Bitfarms Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitfarms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitfarms. If investors know Bitfarms will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitfarms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.493 | Quarterly Revenue Growth 0.296 | Return On Assets (0.13) | Return On Equity (0.31) |
The market value of Bitfarms is measured differently than its book value, which is the value of Bitfarms that is recorded on the company's balance sheet. Investors also form their own opinion of Bitfarms' value that differs from its market value or its book value, called intrinsic value, which is Bitfarms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitfarms' market value can be influenced by many factors that don't directly affect Bitfarms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitfarms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitfarms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitfarms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.