Bitfarms Ltd (BITF.TO)
2.97
-0.22
(-6.90%)
CAD |
TSX |
Nov 14, 16:00
Bitfarms Debt to Equity Ratio: 0.0035 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.0035 |
| March 31, 2024 | 0.0045 |
| December 31, 2023 | 0.0136 |
| September 30, 2023 | 0.0349 |
| June 30, 2023 | 0.0573 |
| March 31, 2023 | 0.0774 |
| December 31, 2022 | 0.1846 |
| September 30, 2022 | 0.299 |
| June 30, 2022 | 0.3163 |
| March 31, 2022 | 0.3012 |
| December 31, 2021 | 0.1982 |
| September 30, 2021 | 0.039 |
| June 30, 2021 | 0.0575 |
| Date | Value |
|---|---|
| March 31, 2021 | 0.0011 |
| December 31, 2020 | 1.123 |
| September 30, 2020 | 0.8748 |
| June 30, 2020 | 0.6875 |
| March 31, 2020 | 0.5817 |
| December 31, 2019 | 0.5598 |
| September 30, 2019 | 0.57 |
| June 30, 2019 | 0.8115 |
| March 31, 2019 | |
| December 31, 2018 | 0.1112 |
| September 30, 2018 | |
| June 30, 2018 | 0.0627 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0011
Minimum
Mar 2021
1.123
Maximum
Dec 2020
0.285
Average
0.1846
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| New Frontier Ventures Inc | -- |
| GoldMoney Inc | 0.2611 |
| Pinetree Capital Ltd | 0.00 |
| Spirit Blockchain Capital Inc | -0.969 |
| Birchtree Investments Ltd | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 733.80M |
| Total Liabilities (Quarterly) | 84.97M |
| Shareholders Equity (Quarterly) | 648.83M |
| Current Ratio | 5.110 |
| Net Debt Paydown Yield | 0.35% |