GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (NAS:BITF) » Definitions » Accumulated Depreciation

BITF (Bitfarms) Accumulated Depreciation : $-172.9 Mil (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Bitfarms Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Bitfarms's quarterly accumulated depreciation increased from Jun. 2024 ($-159.4 Mil) to Sep. 2024 ($-162.2 Mil) and increased from Sep. 2024 ($-162.2 Mil) to Dec. 2024 ($-172.9 Mil).

Bitfarms's annual accumulated depreciation increased from Dec. 2022 ($-148.5 Mil) to Dec. 2023 ($-226.5 Mil) but then stayed the same from Dec. 2023 ($-226.5 Mil) to Dec. 2024 ($-172.9 Mil).

Bitfarms Accumulated Depreciation Historical Data

The historical data trend for Bitfarms's Accumulated Depreciation 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.

* Premium members only.

Bitfarms Accumulated Depreciation Chart

Bitfarms Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accumulated Depreciation
Get a 7-Day Free Trial -32.30 - -148.53 -226.52 -172.92

Bitfarms Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -226.52 -241.35 -159.35 -162.22 -172.92

Bitfarms Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Bitfarms Accumulated Depreciation Related Terms

Thank you for viewing the detailed overview of Bitfarms's Accumulated Depreciation provided by GuruFocus.com. Please click on the following links to see related term pages.

Bitfarms Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (NAS:BITF) » Definitions » Accumulated Depreciation
Comparable Companies
TSX:CF XCNQ:HODL TSXV:HIVE TSXV:NDA NEOE:DEFI TSX:PNP TSX:XAU TSXV:DMGI TSXV:BIGG TSXV:MATA MS GS SCHW SHSE:600030 ASX:MQG SHSE:601211 HOOD BSP:BPAC3 TW LPLA
Traded in Other Exchanges
1B2:Germany BITF:Canada
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Website
https://bitfarms.com
Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.