BMNR (BitMine Immersion Technologies) Debt-to-Asset : 0.23 (As of May. 2025)

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What is BitMine Immersion Technologies Debt-to-Asset?

BitMine Immersion Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2025 was $1.88 Mil. BitMine Immersion Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2025 was $0.00 Mil. BitMine Immersion Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in May. 2025 was $8.27 Mil. BitMine Immersion Technologies's debt to asset for the quarter that ended in May. 2025 was 0.23.

BitMine Immersion Technologies Debt-to-Asset Historical Data

The historical data trend for BitMine Immersion Technologies's Debt-to-Asset 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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BitMine Immersion Technologies Debt-to-Asset Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Aug24

Debt-to-Asset

0.16

0.22

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25
Debt-to-Asset	Get a 7-Day Free Trial									0.20	0.22	0.37	0.34	0.23

Competitive Comparison of BitMine Immersion Technologies's Debt-to-Asset

For the Capital Markets subindustry, BitMine Immersion Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BitMine Immersion Technologies's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where BitMine Immersion Technologies's Debt-to-Asset falls into.

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BitMine Immersion Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

BitMine Immersion Technologies's Debt-to-Asset for the fiscal year that ended in Aug. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.625	+	0)	/	7.284
	=	0.22

BitMine Immersion Technologies's Debt-to-Asset for the quarter that ended in May. 2025 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.875	+	0)	/	8.266
	=	0.23

BitMine Immersion Technologies (AMEX:BMNR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

BitMine Immersion Technologies Debt-to-Asset Related Terms

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BitMine Immersion Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (AMEX:BMNR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its account as well as hosting third-party Bitcoin mining servers. The Company's primary business is self-mining bitcoin for its own account, as well as hosting third-party equipment used in mining of digital asset coins and tokens, specifically bitcoin. Company's state of the art facilities will be specifically designed and constructed for housing mining equipment. The data centers will provide power, racks, proprietary thermodynamic management.