Bitfarms (STU:1B2) Short-Term Capital Lease Obligation : €2.0 Mil (As of Mar. 2024)

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What is Bitfarms Short-Term Capital Lease Obligation?

Bitfarms's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2.0 Mil.

Bitfarms's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (€2.9 Mil) to Dec. 2023 (€2.6 Mil) and declined from Dec. 2023 (€2.6 Mil) to Mar. 2024 (€2.0 Mil).

Bitfarms's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (€3.8 Mil) to Dec. 2022 (€3.4 Mil) and declined from Dec. 2022 (€3.4 Mil) to Dec. 2023 (€2.6 Mil).

Bitfarms Short-Term Capital Lease Obligation Historical Data

The historical data trend for Bitfarms's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

Bitfarms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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0.67

2.98

3.85

3.45

2.62

Bitfarms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.70	2.75	2.92	2.62	1.96

Bitfarms Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Bitfarms Short-Term Capital Lease Obligation 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 » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

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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