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BMNRBitmine Immersion Technologies, Inc.

Debt to Assets Ratio: 0.01%

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to assets ratio high or low?

The debt to assets ratio of 0.01% is 100% below its 5-year average of 142.79%, near the low end of its 5-year range (0.00%–2522.99%).

As of Monday, June 29, 2026. 99.88% below its 12-month average of 11.37%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

BMNR Debt to Assets Ratio

0.01%

Reported quarterly debt to assets ratio; no daily interpolation.

-100.00% 5Y
BMNR Debt to Assets Ratio

BMNR Average Debt to Assets Ratio Chart

BMNR Debt to Assets Ratio

BMNR Current vs Average Debt to Assets Ratio Chart

BMNR Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.01%

DEBT TO ASSETS RATIO AVG TTM

11.37%

DEBT TO ASSETS RATIO AVG 3Y

17.13%

DEBT TO ASSETS RATIO AVG 5Y

20.54%

DEBT TO ASSETS RATIO AVG 10Y

20.54%

DEBT TO ASSETS RATIO AVG 15Y

81.25%

DEBT TO ASSETS RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-99.88%

CURRENT VS 3Y AVG

-99.92%

CURRENT VS 5Y AVG

-99.93%

CURRENT VS 10Y AVG

-99.93%

CURRENT VS 15Y AVG

-99.98%

CURRENT VS 20Y AVG

N/A

BMNR Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Bitmine Immersion Technologies, Inc. (BMNR)$7.29B0.01%11.37%17.13%20.54%
Kinsale Capital Group, Inc. (KNSL)vs ›$7.57B0.04%N/AN/AN/A
FactSet Research Systems Inc. (FDS)vs ›$8.44B0.36%N/AN/AN/A
Axos Financial, Inc. (AX)vs ›$5.47B0.02%N/AN/AN/A
Main Street Capital Corporation (MAIN)vs ›$4.74B0.43%N/AN/AN/A
Erie Indemnity Company (ERIE)vs ›$11.03B0.00%N/AN/AN/A
American Financial Group, Inc. (AFG)vs ›$11.56B0.06%N/AN/AN/A
Invesco Ltd. (IVZ)vs ›$11.59B0.37%N/AN/AN/A
Nuveen Quality Municipal Income Fund (NAD)vs ›$2.81B0.41%N/AN/AN/A
Assurant, Inc. (AIZ)vs ›$13.10B0.06%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

0.0%

Debt/Equity

0.00

Current Ratio

51.50

Interest Coverage

1813.1x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The debt to assets ratio for BMNR stock is 0.01%.
Is Bitmine Immersion Technologies, Inc.'s debt to assets ratio high or low?
The debt to assets ratio of 0.01% is 100% below its 5-year average of 142.79%, near the low end of its 5-year range (0.00%–2522.99%).
What is the TTM average debt to assets ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The TTM average debt to assets ratio for BMNR stock is 11.37%.
What is the 3Y average debt to assets ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 3Y average debt to assets ratio for BMNR stock is 17.13%.
What is the 5Y average debt to assets ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 5Y average debt to assets ratio for BMNR stock is 20.54%.
What is the 10Y average debt to assets ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 10Y average debt to assets ratio for BMNR stock is 20.54%.
What is the 15Y average debt to assets ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 15Y average debt to assets ratio for BMNR stock is 81.25%.

BMNR Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-02-280.01%
2025-11-300.00%
2025-08-310.00%
2025-05-3122.68%
2025-02-2834.14%
2024-11-3037.05%
2024-08-3122.31%
2024-05-3119.90%
2024-02-2921.90%
2023-11-3023.54%
2023-08-3115.85%
2023-05-3115.42%
2023-02-289.83%
2022-11-304.87%
2022-08-310.00%
2022-05-3155.54%
2022-02-2864.35%
2021-11-3085.38%
2021-08-3142.92%
2021-05-312522.99%
2021-02-280.00%
2014-09-30280.01%
2014-06-30279.48%
2014-03-31288.11%
2013-12-31283.99%
2013-09-30245.34%
2013-06-30238.34%
2013-03-31246.04%
2012-12-31232.06%
2012-09-30193.33%
2012-06-300.00%
2012-03-310.00%
2011-09-300.00%
2011-06-300.00%
2011-03-310.00%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.

Las Vegas, NV
3 employees
bitminetech.io
Financial Services / Financial - Capital Markets
Sector
Financial Services
Industry
Financial - Capital Markets
CEO
Chi Tsang
View full financials