Bitfarms (TSX:BITF) Total Stockholders Equity : C$395.5 Mil (As of Dec. 2023)

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What is Bitfarms Total Stockholders Equity?

Bitfarms's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$395.5 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Bitfarms's Book Value per Share for the quarter that ended in Dec. 2023 was C$1.18. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Bitfarms's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.07.

Bitfarms Total Stockholders Equity Historical Data

The historical data trend for Bitfarms's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bitfarms Total Stockholders Equity Chart

Bitfarms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

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36.99

19.79

459.53

346.96

395.45

Bitfarms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial															346.96	373.08	362.37	389.02	395.45

Bitfarms (TSX:BITF) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Bitfarms's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(395.453	-	0)	/	334.153
	=	1.18

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Bitfarms's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.229	+	17.431)	/	395.453
	=	0.07

Bitfarms Total Stockholders Equity Related Terms

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Bitfarms (TSX:BITF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (TSX:BITF) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

BITF:USA 1B2:Germany 1B2:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.bitfarms.com

Bitfarms Ltd is a publicly traded Bitcoin company. It develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The company's proprietary data analytics system delivers best-in-class operational performance and uptime. The group has around 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina. It is Powered by predominantly environmentally friendly hydroelectric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure.

Executives