Bitfarms Net Interest Income from 2010 to 2024

BITF Stock  USD 2.15  0.18  9.14%   
Bitfarms' Net Interest Income is decreasing over the last several years with stable swings. Net Interest Income is estimated to finish at about -12.7 M this year. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2010-12-31
Previous Quarter
-13.4 M
Current Value
-12.7 M
Quarterly Volatility
11 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bitfarms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bitfarms' main balance sheet or income statement drivers, such as Interest Expense of 6.1 M, Other Operating Expenses of 229.4 M or Minority Interest of 0.0, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0 or PTB Ratio of 3.32. Bitfarms financial statements analysis is a perfect complement when working with Bitfarms Valuation or Volatility modules.
  
Check out the analysis of Bitfarms Correlation against competitors.
For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.

Latest Bitfarms' Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Bitfarms over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Bitfarms' Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bitfarms' overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Pretty Stable
   Net Interest Income   
       Timeline  

Bitfarms Net Interest Income Regression Statistics

Arithmetic Mean(2,400,610)
Geometric Mean940,098
Coefficient Of Variation(457.70)
Mean Deviation6,734,228
Median(179,000)
Standard Deviation10,987,662
Sample Variance120.7T
Range51.4M
R-Value(0.23)
Mean Square Error123.3T
R-Squared0.05
Significance0.42
Slope(558,414)
Total Sum of Squares1690.2T

Bitfarms Net Interest Income History

2024-12.7 M
2023-13.4 M
202227.6 M
2021-23.9 M
2020-10.1 M
2019-1.8 M

About Bitfarms Financial Statements

Bitfarms stakeholders use historical fundamental indicators, such as Bitfarms' Net Interest Income, to determine how well the company is positioned to perform in the future. Although Bitfarms investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bitfarms' assets and liabilities are reflected in the revenues and expenses on Bitfarms' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bitfarms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Interest Income-13.4 M-12.7 M

Currently Active Assets on Macroaxis

When determining whether Bitfarms is a strong investment it is important to analyze Bitfarms' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bitfarms' future performance. For an informed investment choice regarding Bitfarms Stock, refer to the following important reports:
Check out the analysis of Bitfarms Correlation against competitors.
For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bitfarms. If investors know Bitfarms will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bitfarms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.493
Quarterly Revenue Growth
0.296
Return On Assets
(0.13)
Return On Equity
(0.31)
The market value of Bitfarms is measured differently than its book value, which is the value of Bitfarms that is recorded on the company's balance sheet. Investors also form their own opinion of Bitfarms' value that differs from its market value or its book value, called intrinsic value, which is Bitfarms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bitfarms' market value can be influenced by many factors that don't directly affect Bitfarms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bitfarms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitfarms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitfarms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.