BitMine Immersion Technologies (BitMine Immersion Technologies) FCF Yield % : -1.91 (As of May. 22, 2024)

View and export this data going back to . Start your Free Trial

What is BitMine Immersion Technologies FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, BitMine Immersion Technologies's Trailing 12-Month Free Cash Flow is $-0.62 Mil, and Market Cap is $32.38 Mil. Therefore, BitMine Immersion Technologies's FCF Yield % for today is -1.91%.

The historical rank and industry rank for BitMine Immersion Technologies's FCF Yield % or its related term are showing as below:

BMNR' s FCF Yield % Range Over the Past 10 Years
Min: -14.53 Med: -5.08 Max: -0.76
Current: -1.91

During the past 2 years, the highest FCF Yield % of BitMine Immersion Technologies was -0.76%. The lowest was -14.53%. And the median was -5.08%.

BMNR's FCF Yield % is ranked worse than
59.2% of 804 companies
in the Capital Markets industry
Industry Median: -0.025 vs BMNR: -1.91

BitMine Immersion Technologies's FCF Margin % for the quarter that ended in Feb. 2024 was -15.36%.

BitMine Immersion Technologies FCF Yield % Historical Data

The historical data trend for BitMine Immersion Technologies's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BitMine Immersion Technologies FCF Yield % Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

FCF Yield %

-12.00

-4.09

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
FCF Yield %	Get a 7-Day Free Trial				1.52	-7.18	7.11	-1.67	-1.61

Competitive Comparison of BitMine Immersion Technologies's FCF Yield %

For the Capital Markets subindustry, BitMine Immersion Technologies's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BitMine Immersion Technologies's FCF Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's FCF Yield % distribution charts can be found below:

* The bar in red indicates where BitMine Immersion Technologies's FCF Yield % falls into.

BitMine Immersion Technologies FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

BitMine Immersion Technologies's FCF Yield % for the fiscal year that ended in Aug. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1.422	/	34.76592
	=	-4.09%

BitMine Immersion Technologies's annualized FCF Yield % for the quarter that ended in Feb. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.137	*	4	/	34.1278645
	=	-1.61%

BitMine Immersion Technologies FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

BitMine Immersion Technologies FCF Yield % Related Terms

Thank you for viewing the detailed overview of BitMine Immersion Technologies's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.