Interest Coverage Ratio: -797.30x
Is the interest coverage ratio high or low?
The interest coverage ratio of -797.30x is 311% below its 5-year average of 377.00x, near the low end of its 5-year range (-1110.84x–10100.82x).
As of Monday, June 29, 2026. 148.79% below its 12-month average of 1634.22x.
BMNR Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
BMNR Average Interest Coverage Ratio Chart
BMNR Current vs Average Interest Coverage Ratio Chart
BMNR Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-797.30x
INTEREST COVERAGE RATIO AVG TTM
1634.22x
INTEREST COVERAGE RATIO AVG 3Y
-13.06x
INTEREST COVERAGE RATIO AVG 5Y
-10.19x
INTEREST COVERAGE RATIO AVG 10Y
-9.88x
INTEREST COVERAGE RATIO AVG 15Y
-8.88x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-148.79%
CURRENT VS 3Y AVG
-6003.51%
CURRENT VS 5Y AVG
-7721.57%
CURRENT VS 10Y AVG
-7968.88%
CURRENT VS 15Y AVG
-8879.00%
CURRENT VS 20Y AVG
N/A
BMNR Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bitmine Immersion Technologies, Inc. (BMNR) | $7.29B | -797.30x | 1634.22x | -13.06x | -10.19x |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.57B | 59.58x | 55.19x | 48.33x | 163.49x |
| FactSet Research Systems Inc. (FDS)vs › | $8.44B | 13.29x | 11.97x | 11.69x | 24.88x |
| Axos Financial, Inc. (AX)vs › | $5.47B | 0.89x | 0.91x | 2.36x | 2.52x |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 4.06x | 4.21x | 4.05x | 3.78x |
| Erie Indemnity Company (ERIE)vs › | $11.03B | N/A | 132.12x | 286.07x | 253.12x |
| American Financial Group, Inc. (AFG)vs › | $11.56B | 13.41x | 14.10x | 13.88x | 12.26x |
| Invesco Ltd. (IVZ)vs › | $11.59B | -8.43x | 14.35x | 16.23x | 12.36x |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.81B | 1.95x | 4.25x | 3.37x | 6.69x |
| Assurant, Inc. (AIZ)vs › | $13.10B | 9.91x | 9.29x | 7.32x | 6.95x |
Financial Health Indicators
Interest Coverage
-797.3x
Debt/Equity
0.00
Current Ratio
51.50
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
- The interest coverage ratio for BMNR stock is -797.30x.
- Is Bitmine Immersion Technologies, Inc.'s interest coverage ratio high or low?
- The interest coverage ratio of -797.30x is 311% below its 5-year average of 377.00x, near the low end of its 5-year range (-1110.84x–10100.82x).
- What is the TTM average interest coverage ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
- The TTM average interest coverage ratio for BMNR stock is 1634.22x.
- What is the 3Y average interest coverage ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 3Y average interest coverage ratio for BMNR stock is -13.06x.
- What is the 5Y average interest coverage ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 5Y average interest coverage ratio for BMNR stock is -10.19x.
- What is the 10Y average interest coverage ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 10Y average interest coverage ratio for BMNR stock is -9.88x.
- What is the 15Y average interest coverage ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 15Y average interest coverage ratio for BMNR stock is -8.88x.
BMNR Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-02-28 | -797.30x |
| 2025-11-30 | -1110.84x |
| 2025-08-31 | 10100.82x |
| 2025-05-31 | -6.51x |
| 2025-02-28 | -15.10x |
| 2024-11-30 | -12.92x |
| 2024-08-31 | -11.33x |
| 2024-05-31 | -9.45x |
| 2024-02-29 | -11.95x |
| 2023-11-30 | -6.15x |
| 2023-08-31 | -26.40x |
| 2023-05-31 | -17.80x |
| 2023-02-28 | -13.01x |
| 2022-11-30 | -102.31x |
| 2022-08-31 | -6.30x |
| 2022-05-31 | -5.28x |
| 2022-02-28 | -0.53x |
| 2021-11-30 | -14.85x |
| 2021-08-31 | -12.28x |
| 2021-05-31 | -2.12x |
| 2021-02-28 | -1.29x |
| 2020-11-30 | -4.57x |
| 2013-12-31 | 30.21x |
| 2013-09-30 | 3.33x |
| 2013-06-30 | 0.18x |
| 2013-03-31 | -15.35x |
| 2012-12-31 | -5.65x |
| 2012-09-30 | -86.92x |
| 2012-06-30 | 161.68x |
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.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Chi Tsang