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Bitmine Immersion Technologies stock: balance sheet and debt

BMNR
$18.45Closing price of 12 Nov 2026MEQIRI Score 24 out of 100

Bitmine Immersion Technologies has total assets of $15.43B and an equity ratio of 98%.

Daily figure as of 13 Nov 2026

Debt / Equity
0
Interest coverage
no data
Current ratio
20
Cash & equivalents
$545.11M
Total assets
$15.43B
Equity ratio
98%
Goodwill
$21.72M
Plus intangible assets of $8.11M

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of Bitmine Immersion Technologies, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2012$229.28Knot reported separatelynot reported separately−132.8%
2013$184.75Knot reported separatelynot reported separately−184.0%
2020$1.93Knot reported separatelynot reported separately−2,594.6%
2021$646.03Knot reported separatelynot reported separately55.8%
2022$7.97M$21.43Knot split out92.9%
2023$8.2M$129.47Knot split out76.3%
2024$7.28Mnot reported separatelynot reported separately56.1%
2025$8.8Bnot reported separatelynot reported separately98.8%
2026$15.43B$29.83M$21.72M98.0%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2012no data−$304.41K$532.07K−1.75
2013no data−$339.93K$524.68K−1.54
2020no data−$50.08K$50.45K−1.01
2021no data$360.55K$277.3K0.77
2022no data$7.4M$00
2023no data$6.26M$1.3M0.21
2024no data$4.09M$1.63M0.4
2025$512M$8.69B$00
2026$545.11M$15.12B$1.19M0

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Aug 2026
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 16 Jan 2026)
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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