Highlights and Quick Summary
- Quick Ratio for the quarter ending June 29, 2021 was 1.74 (a -66.76% decrease compared to previous quarter)
- Year-over-year quarterly Quick Ratio increased by 697.07%
- Annual Quick Ratio for 2020 was 0.3 (a -76.11% decrease from previous year)
- Annual Quick Ratio for 2019 was 1.25 (a 297.49% increase from previous year)
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Historical Quick Ratio of Bitfarms Ltd.Most recent Quick Ratioof BITF including historical data for past 10 years.
Interactive Chart of Quick Ratio of Bitfarms Ltd.
Bitfarms Ltd. Quick Ratio for the past 10 Years (both Annual and Quarterly)
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.