Bitfarms Shares Owned By Insiders vs. Total Debt
| BITF Stock | 2.43 0.01 0.41% |
For Bitfarms profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bitfarms to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bitfarms utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bitfarms's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bitfarms over time as well as its relative position and ranking within its peers.
Bitfarms |
Bitfarms Total Debt vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bitfarms's current stock value. Our valuation model uses many indicators to compare Bitfarms value to that of its competitors to determine the firm's financial worth. Bitfarms is rated second in shares owned by insiders category among its peers. It is the top company in total debt category among its peers making up about 850,321 of Total Debt per Shares Owned By Insiders. As of the 21st of December 2024, Total Debt To Capitalization is likely to drop to 0.01. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bitfarms by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bitfarms' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Bitfarms Total Debt vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Bitfarms |
| = | 23.37 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Bitfarms |
| = | 19.87 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Bitfarms Total Debt vs Competition
Bitfarms is the top company in total debt category among its peers. Total debt of Financials industry is currently estimated at about 9.27 Billion. Bitfarms adds roughly 19.87 Million in total debt claiming only tiny portion of equities under Financials industry.
Bitfarms Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bitfarms, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bitfarms will eventually generate negative long term returns. The profitability progress is the general direction of Bitfarms' change in net profit over the period of time. It can combine multiple indicators of Bitfarms, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.9 M | 2.8 M | |
| Interest Income | 1.4 M | 1.3 M | |
| Operating Income | -72.1 M | -68.5 M | |
| Income Before Tax | -104.4 M | -99.2 M | |
| Total Other Income Expense Net | -27 M | -25.7 M | |
| Net Loss | -215.1 M | -204.4 M | |
| Net Loss | -104 M | -98.8 M | |
| Income Tax Expense | -401 K | -380.9 K | |
| Net Interest Income | -13.4 M | -12.7 M | |
| Net Loss | -104 M | -98.8 M | |
| Change To Netincome | 237.9 M | 249.8 M | |
| Net Loss | (0.40) | (0.42) | |
| Income Quality | (0.23) | (0.22) | |
| Net Income Per E B T | 1.00 | 1.05 |
Bitfarms Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bitfarms. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Bitfarms position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Bitfarms' important profitability drivers and their relationship over time.
Use Bitfarms in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bitfarms position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bitfarms will appreciate offsetting losses from the drop in the long position's value.Bitfarms Pair Trading
Bitfarms Pair Trading Analysis
The ability to find closely correlated positions to Bitfarms could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitfarms when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bitfarms - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bitfarms to buy it.
The correlation of Bitfarms is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bitfarms moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitfarms moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bitfarms can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Bitfarms position
In addition to having Bitfarms in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. To learn how to invest in Bitfarms Stock, please use our How to Invest in Bitfarms guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Bitfarms' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bitfarms at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Bitfarms' income statement, its balance sheet, and the statement of cash flows.