BITF
Price:
$1.62
Market Cap:
$765.45M
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.[Read more]
Industry
Financial - Capital Markets
IPO Date
2019-08-16
Stock Exchange
NASDAQ
Ticker
BITF
According to Bitfarms Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.70. This represents a change of 7.98% compared to the average of 3.43 of the last 4 quarters.
The mean historical Current Ratio of Bitfarms Ltd. over the last ten years is 1.41. The current 3.70 Current Ratio has changed 26.09% with respect to the historical average. Over the past ten years (40 quarters), BITF's Current Ratio was at its highest in in the March 2021 quarter at 8.74. The Current Ratio was at its lowest in in the September 2020 quarter at 0.29.
Average
1.41
Median
1.48
Minimum
0.32
Maximum
2.84
Discovering the peaks and valleys of Bitfarms Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 781.47%
Maximum Annual Current Ratio = 2.84
Minimum Annual Increase = -80.30%
Minimum Annual Current Ratio = 0.32
Year | Current Ratio | Change |
---|---|---|
2023 | 1.88 | 82.95% |
2022 | 1.03 | -63.80% |
2021 | 2.84 | 781.47% |
2020 | 0.32 | -80.30% |
2019 | 1.63 | 130.87% |
2018 | 0.71 | -52.17% |
The current Current Ratio of Bitfarms Ltd. (BITF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.91
5-year avg
1.54
10-year avg
1.41
Bitfarms Ltd.’s Current Ratio is less than HIVE Blockchain Technologies Ltd. (5.56), less than CleanSpark, Inc. (3.75), less than Marathon Digital Holdings, Inc. (4.00), less than Riot Blockchain, Inc. (5.68), greater than Hut 8 Mining Corp. (1.68), less than Bit Digital, Inc. (5.27), greater than TeraWulf Inc. (1.00), greater than Cipher Mining Inc. (2.57), greater than Iris Energy Limited (1.09), greater than Stronghold Digital Mining, Inc. (0.27),
Company | Current Ratio | Market cap |
---|---|---|
5.56 | $388.42M | |
3.75 | $3.02B | |
4.00 | $6.23B | |
5.68 | $3.66B | |
1.68 | $2.07B | |
5.27 | $494.30M | |
1.00 | $2.22B | |
2.57 | $1.84B | |
1.09 | $2.22B | |
0.27 | $57.87M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Bitfarms Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Bitfarms Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Bitfarms Ltd.'s Current Ratio?
How is the Current Ratio calculated for Bitfarms Ltd. (BITF)?
What is the highest Current Ratio for Bitfarms Ltd. (BITF)?
What is the 3-year average Current Ratio for Bitfarms Ltd. (BITF)?
What is the 5-year average Current Ratio for Bitfarms Ltd. (BITF)?
How does the current Current Ratio for Bitfarms Ltd. (BITF) compare to its historical average?