Bitfarms Other Current Liab from 2010 to 2024

BITF Stock  USD 2.40  0.05  2.04%   
Bitfarms' Other Current Liabilities is increasing over the last several years with slightly volatile swings. Other Current Liabilities is estimated to finish at about 54.4 M this year. During the period from 2010 to 2024 Bitfarms Other Current Liabilities regressed destribution of quarterly values had coefficient of variationof  186.56 and r-value of  0.68. View All Fundamentals
 
Other Current Liabilities  
First Reported
2017-03-31
Previous Quarter
51.8 M
Current Value
31.8 M
Quarterly Volatility
11.6 M
 
Covid
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 Interest Expense of 4.9 M, Other Operating Expenses of 227.8 M or Minority Interest of 0.0, as well as many indicators such as Price To Sales Ratio of 5.38, Dividend Yield of 0.0 or PTB Ratio of 3.33. Bitfarms financial statements analysis is a perfect complement when working with Bitfarms Valuation or Volatility modules.
  
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.

Latest Bitfarms' Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Bitfarms over the last few years. It is Bitfarms' Other Current Liabilities 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.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Bitfarms Other Current Liab Regression Statistics

Arithmetic Mean9,718,072
Geometric Mean2,268,962
Coefficient Of Variation186.56
Mean Deviation12,503,982
Median1,281,000
Standard Deviation18,130,209
Sample Variance328.7T
Range54.3M
R-Value0.68
Mean Square Error188.8T
R-Squared0.47
Significance0.01
Slope2,769,114
Total Sum of Squares4601.9T

Bitfarms Other Current Liab History

202454.4 M
202351.8 M
20227.6 M
202116.7 M
20204.7 M
2019102 K
2018175 K

About Bitfarms Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bitfarms income statement, its balance sheet, and the statement of cash flows. Bitfarms investors use historical funamental indicators, such as Bitfarms's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Bitfarms investors may use each financial statement separately, they are all related. The changes in Bitfarms's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bitfarms's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bitfarms Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bitfarms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities51.8 M54.4 M

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Additional Information and Resources on Investing in Bitfarms Stock

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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitfarms. If investors know Bitfarms will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitfarms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
0.577
Quarterly Revenue Growth
0.674
Return On Assets
(0.08)
Return On Equity
(0.33)
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Bitfarms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitfarms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitfarms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.