Bitfarms Ltd. ROE

ROE of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROE growth rates and interactive chart. ROE is expressed as a percentage and can be calculated for any company if net income and equity are both positive numbers. Net income is calculated before dividends paid to common shareholders and after dividends to preferred shareholders and interest to lenders. A company with average equity of $10 million and earnings of $2 milion will have a ROE of 20%.

Highlights and Quick Summary

  • Annual ROE for 2020 was -74.83% (a -728.82% decrease from previous year)
  • Annual ROE for 2019 was 11.9% (a Infinity% increase from previous year)
  • Twelve month ROE ending September 29, 2021 was 4.7% (a -124.62% decrease compared to previous quarter)
  • Twelve month trailing ROE decreased by -106.28% year-over-year
Trailing ROE for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
4.7% -19.09% -25.44% -74.83%
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Historical ROE of Bitfarms Ltd.

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

Interactive Chart of ROE of Bitfarms Ltd.

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 -74.83%
2019 11.9%
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.