Bitfarms Stock Retained Earnings
| BITF Stock | USD 1.78 0.01 0.56% |
Bitfarms fundamentals help investors to digest information that contributes to Bitfarms' financial success or failures. It also enables traders to predict the movement of Bitfarms Stock. The fundamental analysis module provides a way to measure Bitfarms' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bitfarms stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -293.4 M | -278.7 M |
Bitfarms | Retained Earnings |
Bitfarms Company Retained Earnings Analysis
Bitfarms' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Bitfarms Retained Earnings | (293.42 M) |
Most of Bitfarms' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bitfarms is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bitfarms Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Bitfarms is extremely important. It helps to project a fair market value of Bitfarms Stock properly, considering its historical fundamentals such as Retained Earnings. Since Bitfarms' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bitfarms' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bitfarms' interrelated accounts and indicators.
Click cells to compare fundamentals
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Bitfarms has a Retained Earnings of (293.42 Million). This is 101.92% lower than that of the Capital Markets sector and 100.5% lower than that of the Financials industry. The retained earnings for all United States stocks is 103.14% higher than that of the company.
Bitfarms Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bitfarms' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bitfarms could also be used in its relative valuation, which is a method of valuing Bitfarms by comparing valuation metrics of similar companies.Bitfarms is currently under evaluation in retained earnings category among related companies.
Bitfarms Fundamentals
| Return On Equity | -0.38 | |||
| Return On Asset | -0.11 | |||
| Profit Margin | (0.71) % | |||
| Operating Margin | (0.19) % | |||
| Current Valuation | 543.14 M | |||
| Shares Outstanding | 334.15 M | |||
| Shares Owned By Insiders | 4.42 % | |||
| Shares Owned By Institutions | 19.63 % | |||
| Number Of Shares Shorted | 26.65 M | |||
| Price To Earning | 10.80 X | |||
| Price To Book | 2.05 X | |||
| Price To Sales | 4.15 X | |||
| Revenue | 149.05 M | |||
| Gross Profit | 10.52 M | |||
| EBITDA | 18.42 M | |||
| Net Income | (105.94 M) | |||
| Cash And Equivalents | 45.98 M | |||
| Cash Per Share | 0.22 X | |||
| Total Debt | 19.77 M | |||
| Debt To Equity | 0.37 % | |||
| Current Ratio | 1.29 X | |||
| Book Value Per Share | 0.88 X | |||
| Cash Flow From Operations | 24.03 M | |||
| Short Ratio | 1.24 X | |||
| Earnings Per Share | (0.40) X | |||
| Target Price | 4.75 | |||
| Number Of Employees | 170 | |||
| Beta | 3.29 | |||
| Market Capitalization | 587.95 M | |||
| Total Asset | 376.79 M | |||
| Retained Earnings | (293.42 M) | |||
| Working Capital | 60.83 M | |||
| Net Asset | 376.79 M |
About Bitfarms Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bitfarms's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bitfarms using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bitfarms based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bitfarms
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.Moving against Bitfarms Stock
| 0.61 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
| 0.6 | C | Citigroup Earnings Call This Week | PairCorr |
| 0.58 | WAVS | Western Acquisition | PairCorr |
| 0.55 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
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.Check out Bitfarms Piotroski F Score and Bitfarms Altman Z Score analysis. For more detail on how to invest in Bitfarms Stock please use our How to Invest in Bitfarms guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Bitfarms Stock analysis
When running Bitfarms' price analysis, check to measure Bitfarms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bitfarms is operating at the current time. Most of Bitfarms' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
Is Bitfarms' industry 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 (0.40) | Revenue Per Share 0.558 | Quarterly Revenue Growth 0.71 | Return On Assets (0.11) | Return On Equity (0.38) |
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.