Bitfarms Ltd. Asset Turnover

Asset Turnover of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Asset Turnover growth rates and interactive chart.

Highlights and Quick Summary

  • Asset Turnover for the quarter ending September 29, 2021 was 0.66 (a 10.27% increase compared to previous quarter)
  • Year-over-year quarterly Asset Turnover decreased by -0.84%
  • Annual Asset Turnover for 2020 was 0.66 (a -19.04% decrease from previous year)
  • Annual Asset Turnover for 2019 was 0.82 (a Infinity% increase from previous year)
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Historical Asset Turnover of Bitfarms Ltd.

Most recent Asset Turnoverof BITF including historical data for past 10 years.

Interactive Chart of Asset Turnover of Bitfarms Ltd.

Bitfarms Ltd. Asset Turnover for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 0.66 0.6 0.5
2020 0.66 1.48 1.55 1.5 0.66
2019 0.82 0.82
2018 0.0

Business Profile of Bitfarms Ltd.

Sector: Financial Services
Industry: Capital Markets
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.