Bitfarms (STU:1B2) Current Accrued Expense : €12.2 Mil (As of Mar. 2024)

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What is Bitfarms Current Accrued Expense?

Bitfarms's Current Accrued Expense for the quarter that ended in Mar. 2024 was €12.2 Mil.

Bitfarms's quarterly Current Accrued Expense increased from Sep. 2023 (€8.5 Mil) to Dec. 2023 (€10.7 Mil) and increased from Dec. 2023 (€10.7 Mil) to Mar. 2024 (€12.2 Mil).

Bitfarms's annual Current Accrued Expense increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€7.2 Mil) and increased from Dec. 2022 (€7.2 Mil) to Dec. 2023 (€10.7 Mil).

Bitfarms Current Accrued Expense Historical Data

The historical data trend for Bitfarms's Current Accrued Expense 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 Current Accrued Expense Chart

Bitfarms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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0.09

0.52

7.22

10.70

Bitfarms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															7.16	7.91	8.47	10.70	12.16

Bitfarms Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Bitfarms Current Accrued Expense Related Terms

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Bitfarms (STU:1B2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (STU:1B2) » Definitions » Current Accrued Expense

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BITF:USA BITF:Canada

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.

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