Bitmine Immersion Technologies BMNP
NYSE BMNP
$97.70 -0.23 (-0.23%)
As of: Sep 8, 2026 · 3:42 PM EDT

Bitmine Immersion Technologies (BMNP) Debt Ratio (2020 - 2026)

Bitmine Immersion Technologies' (BMNP) quarterly Debt Ratio came in at 0.0 in Q1 2026, down 99.91% on a YoY basis from 0.25 in Q1 2025, and down 99.9% quarter-over-quarter from 0.23 in Q2 2025.

Analysis

Bitmine Immersion Technologies (BMNP) Debt Ratio (2020 - 2026) Analysis & Trends

Bitmine Immersion Technologies (BMNP) has reported Debt Ratio for 7 consecutive years, with 0.0 the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 99.91% year-over-year to 0.0; the trailing twelve-month figure through Feb 2026 stood at 0.0 (down 99.91% YoY), and the FY2024 full-year result was 0.45, up 181.61% from the prior year.
  • Debt Ratio slipped to 0.0 in Q1 2026 per BMNP's latest filing, from 0.23 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.64 in Q1 2022 and bottomed at 0.0 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.25 across 5 years, with a median of 0.23 in 2025.
  • The sharpest annual moves came in 2023 and 2026: Debt Ratio soared 419.48% in 2023, then plunged 99.91% in 2026.
  • Over 5 years, Debt Ratio stood at 0.05 in 2022, then jumped by 419.48% to 0.25 in 2023, then slipped by 6.68% to 0.24 in 2024, then slipped by 4.0% to 0.23 in 2025, then plunged by 99.9% to 0.0 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.23, and 0.25 for Q1 2026, Q2 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Bitmine Immersion Technologies 53.91 Bn 53.57 Bn 40.81 Mn -
2 Iren 14.89 Bn 7.32 Bn 103.89 Mn 0.49
3 Hut 8 11.74 Bn 4.95 Bn 48.04 Mn 0.77
4 Riot Platforms 7.69 Bn 7.14 Bn 84.97 Mn 0.26
5 Argo Blockchain 6.35 Bn 6.34 Bn - 0.07
6 MARA Holdings 4.48 Bn 4.04 Bn - 0.56
7 Cleanspark 3.59 Bn 3.38 Bn - 0.67
8 Bitdeer Technologies 2.57 Bn 2.11 Bn -8.53 Mn 0.35
9 Keel Infrastructure 2.26 Bn 2.26 Bn -86.75 Mn 0.73
10 HIVE Digital Technologies 841.35 Mn 602.32 Mn -29.49 Mn 0.01
Historic Data

Historic Data

Download Data
DateValue
Feb 28, 2026 0.00
May 31, 2025 0.23
Feb 28, 2025 0.25
Nov 30, 2024 0.24
Aug 31, 2024 0.45
May 31, 2024 0.20
Feb 29, 2024 0.23
Nov 30, 2023 0.25
Aug 31, 2023 0.16
May 31, 2023 0.15
Feb 28, 2023 0.10
Nov 30, 2022 0.05
May 31, 2022 0.56
Feb 28, 2022 0.64
Nov 30, 2021 0.86
Aug 31, 2021 0.86
May 31, 2021 25.23
Feb 28, 2021 25.93
Aug 31, 2020 26.14