Bitfarms OTC Stock Financials

BFARF -  USA Stock  

USD 4.65  0.35  8.14%

Understanding current and past Bitfarms Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bitfarms' financial statements are interrelated, with each one affecting the others. For example, an increase in Bitfarms' assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Bitfarms' financials over time to get the whole picture.
Please use analysis of Bitfarms fundamentals to determine if markets are correctly pricing the company. We were able to interpolate data for twenty-six available fundamental indicators for Bitfarms, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Bitfarms financials, including its cash per share, and the relationship between the gross profit and book value per share . Given that Bitfarms has a shares owned by insiders of 25.38 %, we suggest you to validate Bitfarms prevailing market performance to make sure the company can sustain itself down the road. Use Bitfarms to enhance returns of your portfolios. The stock experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Bitfarms to be traded at $5.81 in 90 days.

Search Fundamentals 

With this module, you can analyze Bitfarms financials for your investing period. You should be able to track the changes in Bitfarms individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 24
Bitfarms has less than 24 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Bitfarms otc stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Bitfarms' official financial statements usually reflect Bitfarms' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Bitfarms. For example, before you start analyzing numbers published by Bitfarms accountants, it's critical to develop an understanding of what Bitfarms' liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Bitfarms' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bitfarms' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Bitfarms' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bitfarms. Please utilize our Beneish M Score to check the likelihood of Bitfarms' management to manipulate its earnings.

Bitfarms Company Summary

Bitfarms competes with Charles Schwab, Citic Securities, Goldman Sachs, Morgan Stanley, and Raymond James. Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company was founded in 2017 and is headquartered in Toronto, Canada. Bitfarms operates under Capital Markets classification in the United States and is traded on OTC Exchange.
InstrumentUSA OTC Stock View All
ExchangeOTC Exchange
Business Address18 King Street
New SymbolBITF
SectorFinancial Services
IndustryCapital Markets
Phone516 222 2560
CurrencyUSD - US Dollar

Bitfarms Key Financial Ratios

Generally speaking, Bitfarms' financial ratios allow both analysts and investors to convert raw data from Bitfarms' financial statements into concise, actionable information that can be used to evaluate the performance of Bitfarms over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bitfarms reports annually and quarterly.

Bitfarms Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bitfarms's current stock value. Our valuation model uses many indicators to compare Bitfarms value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bitfarms competition to find correlations between indicators driving Bitfarms's intrinsic value. More Info.
Bitfarms is rated below average in number of employees category among related companies. It is rated below average in total debt category among related companies making up about  244,769  of Total Debt per Number of Employees.

Bitfarms Market Fundamentals

 Change(%) 8.14 

About Bitfarms Financials

What exactly are Bitfarms Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Bitfarms' income statement, its balance sheet, and the statement of cash flows. Potential Bitfarms investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.

Bitfarms September 22, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bitfarms help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bitfarms. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bitfarms based on widely used predictive technical indicators. In general, we focus on analyzing Bitfarms OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bitfarms's daily price indicators and compare them against related drivers.
Downside Deviation5.73
Information Ratio0.089
Maximum Drawdown46.33
Value At Risk(8.12)
Potential Upside11.09
Continue to Trending Equities. Note that the Bitfarms information on this page should be used as a complementary analysis to other Bitfarms' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Bitfarms price analysis, check to measure Bitfarms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bitfarms is operating at the current time. Most of Bitfarms' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.
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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 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 Bitfarms value 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.