Bitfarms Net Tangible Assets from 2010 to 2026

BITF Stock  USD 2.17  0.03  1.36%   
Bitfarms' Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 308.6 M this year. Net Tangible Assets is the total assets of Bitfarms minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
293.9 M
Current Value
308.6 M
Quarterly Volatility
138.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Bitfarms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bitfarms' main balance sheet or income statement drivers, such as Depreciation And Amortization of 170.2 M, Interest Expense of 1.9 M or Total Revenue of 232.9 M, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0 or PTB Ratio of 1.11. Bitfarms financial statements analysis is a perfect complement when working with Bitfarms Valuation or Volatility modules.
  
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Check out the analysis of Bitfarms Correlation against competitors.
For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.
The Net Tangible Assets trend for Bitfarms offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Bitfarms is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Bitfarms' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Bitfarms over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Bitfarms' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bitfarms' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Bitfarms Net Tangible Assets Regression Statistics

Arithmetic Mean118,549,318
Geometric Mean54,234,568
Coefficient Of Variation116.88
Mean Deviation124,902,764
Median23,182,000
Standard Deviation138,563,617
Sample Variance19199.9T
Range389.5M
R-Value0.79
Mean Square Error7845.4T
R-Squared0.62
Significance0.0002
Slope21,552,343
Total Sum of Squares307198T

Bitfarms Net Tangible Assets History

2026308.6 M
2025293.9 M
2022255.5 M
2021403.9 M
202015.1 M
201927.4 M
201814.4 M

About Bitfarms Financial Statements

Bitfarms stakeholders use historical fundamental indicators, such as Bitfarms' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Bitfarms investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bitfarms' assets and liabilities are reflected in the revenues and expenses on Bitfarms' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bitfarms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets293.9 M308.6 M

Currently Active Assets on Macroaxis

When determining whether Bitfarms is a strong investment it is important to analyze Bitfarms' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bitfarms' future performance. For an informed investment choice regarding Bitfarms Stock, refer to the following important reports:
Check out the analysis of Bitfarms Correlation against competitors.
For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Can Asset Management & Custody Banks industry sustain growth momentum? Does Bitfarms have expansion opportunities? Factors like these will boost the valuation of Bitfarms. Projected growth potential of Bitfarms fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Bitfarms demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(0.13)
Revenue Per Share
0.531
Quarterly Revenue Growth
1.558
Return On Assets
(0.08)
Return On Equity
(0.12)
The market value of Bitfarms is measured differently than its book value, which is the value of Bitfarms that is recorded on the company's balance sheet. Investors also form their own opinion of Bitfarms' value that differs from its market value or its book value, called intrinsic value, which is Bitfarms' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Bitfarms' market value can be influenced by many factors that don't directly affect Bitfarms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Bitfarms' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bitfarms should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Bitfarms' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.