Bitmine Immersion Technologies, Inc. logo
BMNRBitmine Immersion Technologies, Inc.

Debt to Equity Ratio: 0.00

Is the debt to equity ratio high or low?

The debt to equity ratio of 0.00 is 100% below its 5-year average of 0.80, near the low end of its 5-year range (-0.87–8.66).

As of Monday, June 29, 2026. 99.96% below its 12-month average of 0.31.

Debt to Equity

BMNR Debt to Equity Ratio

0.00

Reported quarterly debt to equity ratio; no daily interpolation.

+100.02% 5Y
BMNR Debt to Equity Ratio

BMNR Average Debt to Equity Ratio Chart

BMNR Debt to Equity Ratio

BMNR Current vs Average Debt to Equity Ratio Chart

BMNR Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.00

DEBT TO EQUITY RATIO AVG TTM

0.31

DEBT TO EQUITY RATIO AVG 3Y

0.28

DEBT TO EQUITY RATIO AVG 5Y

0.31

DEBT TO EQUITY RATIO AVG 10Y

0.30

DEBT TO EQUITY RATIO AVG 15Y

-0.19

DEBT TO EQUITY RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-99.96%

CURRENT VS 3Y AVG

-99.95%

CURRENT VS 5Y AVG

-99.96%

CURRENT VS 10Y AVG

-99.95%

CURRENT VS 15Y AVG

+100.07%

CURRENT VS 20Y AVG

N/A

BMNR Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Bitmine Immersion Technologies, Inc. (BMNR)$7.29B0.000.310.280.31
Kinsale Capital Group, Inc. (KNSL)vs ›$7.57B0.110.110.170.14
FactSet Research Systems Inc. (FDS)vs ›$8.44B0.710.761.081.03
Axos Financial, Inc. (AX)vs ›$5.47B0.140.160.230.28
Main Street Capital Corporation (MAIN)vs ›$4.74B0.820.790.810.84
Erie Indemnity Company (ERIE)vs ›$11.03B0.000.000.020.04
American Financial Group, Inc. (AFG)vs ›$11.56B0.380.410.420.41
Invesco Ltd. (IVZ)vs ›$11.59B0.830.680.630.63
Nuveen Quality Municipal Income Fund (NAD)vs ›$2.81B0.710.700.730.68
Assurant, Inc. (AIZ)vs ›$13.10B0.380.400.430.42

Financial Health

Debt/Equity

0.00

Current Ratio

51.50

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The debt to equity ratio for BMNR stock is 0.00.
Is Bitmine Immersion Technologies, Inc.'s debt to equity ratio high or low?
The debt to equity ratio of 0.00 is 100% below its 5-year average of 0.80, near the low end of its 5-year range (-0.87–8.66).
What is the TTM average debt to equity ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The TTM average debt to equity ratio for BMNR stock is 0.31.
What is the 3Y average debt to equity ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 3Y average debt to equity ratio for BMNR stock is 0.28.
What is the 5Y average debt to equity ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 5Y average debt to equity ratio for BMNR stock is 0.31.
What is the 10Y average debt to equity ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 10Y average debt to equity ratio for BMNR stock is 0.30.
What is the 15Y average debt to equity ratio for Bitmine Immersion Technologies, Inc. (BMNR)?
The 15Y average debt to equity ratio for BMNR stock is -0.19.

BMNR Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-02-280.00
2025-11-300.00
2025-08-310.00
2025-05-310.65
2025-02-280.90
2024-11-300.77
2024-08-310.40
2024-05-310.35
2024-02-290.35
2023-11-300.36
2023-08-310.21
2023-05-310.20
2023-02-280.12
2022-11-300.06
2022-08-310.00
2022-05-311.66
2022-02-282.28
2021-11-308.66
2021-08-310.77
2021-05-31-0.87
2021-02-280.00
2020-11-300.00
2014-09-30-1.52
2014-06-30-1.52
2014-03-31-1.53
2013-12-31-1.54
2013-09-30-1.50
2013-06-30-1.70
2013-03-31-1.66
2012-12-31-1.75
2012-09-30-2.13
2012-06-300.00
2012-03-310.00
2011-09-300.00
2011-06-300.00
2011-03-310.00

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
Financial Services / Financial - Capital Markets
Sector
Financial Services
Industry
Financial - Capital Markets
CEO
Chi Tsang