Bitmine Immersion Technologies BMNR
NYSE BMNR
$23.79 -0.04 (-0.17%)
As of: Oct 13, 2026 · 11:03 AM EDT

Bitmine Immersion Technologies (BMNR) Debt Ratio (2020 - 2025)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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