Bitfarms Ltd. (BITF.TO)

CAD 1.41

(-1.4%)

Net Debt Summary of Bitfarms Ltd.

Bitfarms Ltd.'s latest annual net debt in 2023 was -64.16 Million USD , down -287.61% from previous year.
Bitfarms Ltd.'s latest quarterly net debt in 2024 Q1 was -50.01 Million USD , up 22.06% from previous quarter.
Bitfarms Ltd. reported annual net debt of 34.2 Million USD in 2022, up 184.38% from previous year.
Bitfarms Ltd. reported annual net debt of -40.53 Million USD in 2021, down -280.77% from previous year.
Bitfarms Ltd. reported quarterly net debt of -50.01 Million USD for 2024 Q1, up 22.06% from previous quarter.
Bitfarms Ltd. reported quarterly net debt of -64.16 Million USD for 2023 Q4, down -213.43% from previous quarter.

Annual Net Debt Chart of Bitfarms Ltd. (2023 - 2017)

Historical Annual Net Debt of Bitfarms Ltd. (2023 - 2017)

Year	Net Debt	Net Debt Growth
2023	-64.16 Million USD	-287.61%
2022	34.2 Million USD	184.38%
2021	-40.53 Million USD	-280.77%
2020	22.42 Million USD	11.95%
2019	20.02 Million USD	1617.58%
2018	1.16 Million USD	125.81%
2017	-4.51 Million USD	0.0%

Year	Net Debt	Net Debt Growth
2024 Q2	-122.75 Million USD	-145.45%
2024 Q1	-50.01 Million USD	22.06%
2023 Q4	-64.16 Million USD	-213.43%
2023 FY	-64.16 Million USD	-287.61%
2023 Q3	-20.47 Million USD	-2531.35%
2023 Q2	842 Thousand USD	-89.65%
2023 Q1	8.13 Million USD	-76.2%
2022 Q1	75.68 Million USD	286.74%
2022 FY	34.2 Million USD	184.38%
2022 Q2	77.65 Million USD	2.59%
2022 Q4	34.2 Million USD	-43.3%
2022 Q3	60.32 Million USD	-22.31%
2021 FY	-40.53 Million USD	-280.77%
2021 Q3	-22.14 Million USD	-50.47%
2021 Q4	-40.53 Million USD	-83.03%
2021 Q2	-14.71 Million USD	60.35%
2021 Q1	-37.12 Million USD	-265.56%
2020 FY	22.42 Million USD	11.95%
2020 Q3	23.06 Million USD	12.12%
2020 Q2	20.56 Million USD	7.96%
2020 Q1	19.05 Million USD	-4.87%
2020 Q4	22.42 Million USD	-2.78%
2019 Q3	18.98 Million USD	52.16%
2019 Q1	6.63 Million USD	469.04%
2019 Q4	20.02 Million USD	5.47%
2019 Q2	12.48 Million USD	88.09%
2019 FY	20.02 Million USD	1617.58%
2018 FY	1.16 Million USD	125.81%
2018 Q1	4.51 Million USD	0.0%
2018 Q4	1.16 Million USD	0.0%
2018 Q2	1.26 Million USD	-71.93%
2017 FY	-4.51 Million USD	0.0%

Peer Net Debt Comparison of Bitfarms Ltd.

Name	Net Debt	Net Debt Difference
Canaccord Genuity Group Inc.	-24.39 Million CAD	-163.04%
Canaccord Genuity Group Inc.	-24.39 Million CAD	-163.04%
Pinetree Capital Ltd.	-1.97 Million CAD	-3157.157%
Goldmoney Inc.	25.5 Million CAD	351.536%