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BMNR (BitMine Immersion Technologies) Liabilities-to-Assets : 0.65 (As of May. 2025)


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What is BitMine Immersion Technologies Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. BitMine Immersion Technologies's Total Liabilities for the quarter that ended in May. 2025 was $5.39 Mil. BitMine Immersion Technologies's Total Assets for the quarter that ended in May. 2025 was $8.27 Mil. Therefore, BitMine Immersion Technologies's Liabilities-to-Assets Ratio for the quarter that ended in May. 2025 was 0.65.


BitMine Immersion Technologies Liabilities-to-Assets Historical Data

The historical data trend for BitMine Immersion Technologies's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

BitMine Immersion Technologies Annual Data
Trend Aug22 Aug23 Aug24
Liabilities-to-Assets
0.07 0.24 0.44

BitMine Immersion Technologies Quarterly Data
Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.44 0.52 0.62 0.65

Competitive Comparison of BitMine Immersion Technologies's Liabilities-to-Assets

For the Capital Markets subindustry, BitMine Immersion Technologies's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Capital Markets Industry

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

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


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BitMine Immersion Technologies Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

BitMine Immersion Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Liabilities-to-Assets (A: Aug. 2024 )=Total Liabilities/Total Assets
=3.196/7.284
=0.44

BitMine Immersion Technologies's Liabilities-to-Assets Ratio for the quarter that ended in May. 2025 is calculated as

Liabilities-to-Assets (Q: May. 2025 )=Total Liabilities/Total Assets
=5.388/8.266
=0.65

* 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.


BitMine Immersion Technologies  (AMEX:BMNR) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


BitMine Immersion Technologies Liabilities-to-Assets Related Terms

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BitMine Immersion Technologies Business Description

Traded in Other Exchanges
N/A
Address
10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135
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.

BitMine Immersion Technologies Headlines

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