Bitmine Immersion Technologies (BMNR) Debt Ratio (2020 - 2025)
Bitmine Immersion Technologies' (BMNR) Debt Ratio stood at 0.23 in fiscal Q3 2025 (quarter ended May 31, 2025), up 14.0% from 0.20 a year earlier but down 9.3% from the prior quarter.
Bitmine Immersion Technologies (BMNR) Debt Ratio (2020 - 2025) Analysis & Trends
For FY2024 (ended Aug 31, 2024), Bitmine Immersion Technologies' Debt Ratio came in at 0.45, up 181.6% from FY2023.
- Across earlier fiscal years, Debt Ratio came in at 0.16 in FY2023, 0.86 in FY2021 (-96.7%) and 26.14 in FY2020.
- Quarterly Debt Ratio has ranged from 0.05 in fiscal Q1 2023 to 26.14 in fiscal Q4 2020 over the past five years.
- On a year-over-year basis, Debt Ratio has increased for seven consecutive quarters, with growth averaging 106.4% over the last seven quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 383.0% in fiscal Q1 2024, against a decline of 97.8% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.25 (Q2 2025), 0.24 (Q1 2025) and 0.45 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.16 Bn | 7.39 Bn | - | 0.16 |
| 2 | Coinbase Global | 47.93 Bn | 4.73 Bn | - | 0.25 |
| 3 | Block | 45.92 Bn | 17.22 Bn | 3.17 Bn | 0.16 |
| 4 | Corpay | 26.37 Bn | 16.26 Bn | - | 0.30 |
| 5 | Fiserv | 24.71 Bn | 21.39 Bn | 2.90 Bn | 0.34 |
| 6 | Global Payments | 22.16 Bn | -54.36 Mn | 2.03 Bn | 0.36 |
| 7 | Guidewire Software | 13.84 Bn | 10.41 Bn | 269.68 Mn | 0.26 |
| 8 | Bitmine Immersion Technologies | 13.18 Bn | 10.56 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.42 Bn | 7.21 Bn | 594.87 Mn | 0.03 |
| 10 | Jack Henry & Associates | 10.91 Bn | 10.81 Bn | 273.85 Mn | 0.01 |
Historic Data
| Date | Value |
|---|---|
| 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 | 0.22 |
| Nov 30, 2023 | 0.24 |
| 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 | 0.85 |
| Aug 31, 2021 | 0.86 |
| May 31, 2021 | 25.23 |
| Feb 28, 2021 | 25.93 |
| Aug 31, 2020 | 26.14 |
Bitmine Immersion Technologies Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=BMNR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "BMNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=BMNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();