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.
  
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.

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

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.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

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 Ratio1.880.362.593.32
Capex To Depreciation7.92.690.840.8

Bitfarms fundamentals Correlations

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0.990.350.73-0.30.94-0.070.610.350.460.81-0.70.880.65-0.460.92-0.090.21-0.54-0.38-0.210.650.390.690.180.39
0.450.410.51-0.950.470.780.150.410.460.19-0.250.210.43-0.070.37-0.870.72-0.490.540.030.420.560.090.73-0.41
0.850.150.54-0.070.62-0.230.80.150.810.19-0.810.730.77-0.670.580.050.03-0.44-0.32-0.320.770.540.820.00.66
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0.850.160.85-0.170.75-0.210.660.160.880.210.73-0.680.6-0.590.880.01-0.23-0.54-0.54-0.180.60.440.78-0.240.66
0.73-0.010.47-0.40.430.310.95-0.010.650.430.77-0.950.6-0.910.36-0.39-0.01-0.87-0.01-0.451.00.680.75-0.050.56
-0.530.23-0.390.12-0.19-0.11-0.980.23-0.46-0.07-0.670.91-0.59-0.91-0.210.160.430.810.20.47-0.91-0.57-0.770.47-0.8
0.860.30.79-0.240.92-0.160.340.30.920.370.58-0.450.880.36-0.210.00.15-0.36-0.44-0.130.360.250.580.130.29
-0.1-0.17-0.370.96-0.04-0.92-0.14-0.17-0.09-0.870.050.190.01-0.390.160.0-0.470.5-0.74-0.03-0.38-0.640.01-0.50.37
0.210.410.01-0.540.350.46-0.290.410.210.720.030.14-0.23-0.010.430.15-0.470.080.560.05-0.020.12-0.220.99-0.71
-0.60.09-0.450.5-0.4-0.53-0.80.09-0.54-0.49-0.440.82-0.54-0.870.81-0.360.50.08-0.020.44-0.87-0.52-0.590.13-0.39
-0.36-0.21-0.1-0.59-0.410.79-0.22-0.21-0.380.54-0.320.22-0.54-0.010.2-0.44-0.740.56-0.02-0.15-0.020.44-0.230.57-0.58
-0.280.78-0.07-0.12-0.06-0.12-0.490.78-0.210.03-0.320.5-0.18-0.450.47-0.13-0.030.050.44-0.15-0.45-0.35-0.690.15-0.41
0.73-0.020.47-0.390.430.310.95-0.020.650.420.77-0.950.61.0-0.910.36-0.38-0.02-0.87-0.02-0.450.680.76-0.060.57
0.41-0.160.7-0.620.130.450.6-0.160.390.560.54-0.560.440.68-0.570.25-0.640.12-0.520.44-0.350.680.650.140.31
0.73-0.350.63-0.030.45-0.120.84-0.350.690.090.82-0.820.780.75-0.770.580.01-0.22-0.59-0.23-0.690.760.65-0.280.8
0.170.470.04-0.580.320.46-0.330.470.180.730.00.2-0.24-0.050.470.13-0.50.990.130.570.15-0.060.14-0.28-0.74
0.43-0.340.350.370.15-0.470.79-0.340.39-0.410.66-0.690.660.56-0.80.290.37-0.71-0.39-0.58-0.410.570.310.8-0.74
Click cells to compare fundamentals

Bitfarms Account Relationship Matchups

Bitfarms fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio0.794.644.71(10.91)5.215.47
Ptb Ratio0.9110.441.880.362.593.32
Days Sales Outstanding41.5514.692.24(30.53)1.781.69
Book Value Per Share0.420.182.681.231.120.74
Free Cash Flow Yield(0.69)0.017(0.29)(1.74)(0.0637)(0.0668)
Operating Cash Flow Per Share0.08980.0851(0.24)0.170.09160.091
Stock Based Compensation To Revenue0.08860.06330.13(2.6)0.07460.0783
Capex To Depreciation3.470.397.92.690.840.8
Pb Ratio0.9110.441.880.362.593.32
Ev To Sales1.415.284.47(14.99)4.785.01
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 Turnover199.88217.12106.52224.34238.11134.18
Net Income Per Share0.0314(0.19)0.14(1.15)(0.4)(0.42)
Days Of Inventory On Hand1.831.683.431.631.531.46
Payables Turnover11.8817.825.9110.2318.4919.42
Sales General And Administrative To Revenue0.130.09620.26(6.14)0.270.28
Capex To Revenue0.730.131.14(23.26)0.50.52
Cash Per Share0.03220.071.210.170.440.23
Pocfratio4.2522.34(21.42)2.5231.7633.34
Interest Coverage0.78(1.52)10.92(19.97)(6.05)(6.35)
Capex To Operating Cash Flow3.950.62(5.2)5.383.023.17
Pfcf Ratio(1.44)58.9(3.46)(0.58)(15.71)(14.92)
Days Payables Outstanding30.7320.4861.7435.6919.7418.75
Income Quality2.86(0.44)(1.68)(0.15)(0.23)(0.22)
Roe0.075(1.05)0.0524(0.94)(0.35)(0.37)
Ev To Operating Cash Flow7.5825.44(20.33)3.4729.0930.54
Pe Ratio12.16(9.9)35.98(0.38)(7.34)(6.97)
Return On Tangible Assets0.0404(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 Assets0.01280.0072920.03439.6E-50.009770.009281
Net Debt To E B I T D A1.9913.19(0.57)(0.33)4.054.25
Current Ratio1.630.322.841.031.881.13
Receivables Turnover8.7824.85163.01(11.96)204.99215.24
Graham Number0.540.892.915.643.171.73
Shareholders Equity Per Share0.420.182.681.231.120.73
Debt To Equity0.561.120.170.180.01360.013
Capex Per Share0.350.05281.230.940.280.4

Currently Active Assets on Macroaxis

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.