Bitfarms Ltd. ROA

ROA of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROA growth rates and interactive chart. Return on Assets (ROA) is an indicator of how well a company utilizes its assets, by determining how profitable a company is relative to its total assets. A company with $1 million in net income and $10 million in average assets will have a 10% ROA.

Highlights and Quick Summary

  • Annual ROA for 2020 was -31.16% (a -525.1% decrease from previous year)
  • Annual ROA for 2019 was 7.33% (a Infinity% increase from previous year)
  • Twelve month ROA ending September 29, 2021 was 3.84% (a -125.0% decrease compared to previous quarter)
  • Twelve month trailing ROA decreased by -112.32% year-over-year
Trailing ROA for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
3.84% -15.36% -20.01% -31.16%
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Historical ROA of Bitfarms Ltd.

Most recent ROAof BITF including historical data for past 10 years.

Interactive Chart of ROA of Bitfarms Ltd.

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 -31.16%
2019 7.33%
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.