BMNR (BitMine Immersion Technologies) Debt-to-EBITDA : -0.03 (As of May. 2026)

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BMNR BitMine Immersion Technologies Inc BMNR
41 GF Score
Price $24.77
GF Value $2.02
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BitMine Immersion Technologies Debt-to-EBITDA?

BitMine Immersion Technologies BMNR -0.80% 41 Debt-to-EBITDA is -0.03 as of May. 2026. GuruFocus rates BMNR with a GF Score™ of 41/100 and a GF Value™ of $2.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 416 Capital Markets companies, BitMine Immersion Technologies ranks worse than 240384.38% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

BitMine Immersion Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.00 Mil. BitMine Immersion Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $1.22 Mil. BitMine Immersion Technologies's annualized EBITDA for the quarter that ended in May. 2026 was $-45.93 Mil. BitMine Immersion Technologies's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was -0.03.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for BitMine Immersion Technologies's Debt-to-EBITDA or its related term are showing as below:

BMNR's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.67
* Ranked among companies with meaningful Debt-to-EBITDA only.

BitMine Immersion Technologies  (NYSE:BMNR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


BitMine Immersion Technologies Debt-to-EBITDA Related Terms


BitMine Immersion Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BitMine Immersion Technologies's Debt-to-EBITDA 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.

BitMine Immersion Technologies Debt-to-EBITDA Chart

BitMine Immersion Technologies Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial -2.10 0.00 -0.69 -0.77 0.00

BitMine Immersion Technologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.63 0.00 0.00 0.00 -0.03

BMNR vs IREN, SF, JEF: Debt-to-EBITDA Comparison

For the Capital Markets subindustry, BitMine Immersion Technologies's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BitMine Immersion Technologies's Debt-to-EBITDA falls into.


BMNR
41GF Score
BitMine Immersion Technologies Inc BMNR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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BitMine Immersion Technologies Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

BitMine Immersion Technologies's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 441.878
=0.00

BitMine Immersion Technologies's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1.216) / -45.928
=-0.03

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.03 mean?
BitMine Immersion Technologies (BMNR) has a Debt-to-EBITDA of -0.03 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BitMine Immersion Technologies. According to the industry distribution chart, BitMine Immersion Technologies ranks #999999 out of 416 companies in the Capital Markets industry.
Is BitMine Immersion Technologies' Debt-to-EBITDA too high?
BitMine Immersion Technologies' current Debt-to-EBITDA is -0.03. Based on the distribution chart, BitMine Immersion Technologies ranks #999999 out of 416 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, BitMine Immersion Technologies has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BitMine Immersion Technologies' Debt-to-EBITDA compare to IREN and SF?
According to the Capital Markets industry distribution chart, BitMine Immersion Technologies ranks #999999 out of 416 companies for Debt-to-EBITDA. This places BitMine Immersion Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 1.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.67, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BitMine Immersion Technologies. For the Capital Markets industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BitMine Immersion Technologies's current Debt-to-EBITDA is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitMine Immersion Technologies stock overvalued right now?
Based on GuruFocus' analysis, BitMine Immersion Technologies (BMNR) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.02, compared to a current price of $24.77 — trading 1126.2% above its estimated fair value. The current Debt-to-EBITDA is -0.03. BitMine Immersion Technologies' overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For BitMine Immersion Technologies (BMNR), the current Debt-to-EBITDA is -0.03 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BitMine Immersion Technologies (BMNR) Overvalued in 2026?

Based on GuruFocus' analysis, BitMine Immersion Technologies stock appears to be overvalued. The current stock price of $24.77 is trading 1126.2% above its estimated GF Value™ of $2.02. GuruFocus considers BitMine Immersion Technologies to be Significantly Overvalued.

Key valuation signals for BMNR:

  • Debt-to-EBITDA: -0.03
  • GF Value™: $2.02 vs. price of $24.77 (1126.2% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the BMNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BitMine Immersion Technologies Business Description

Other Exchanges BMNR:MexicoY6G0:Germany
Address 10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135
BitMine Immersion Technologies Inc is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by its Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, Synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.
41GF Score

Get the complete analysis for BMNR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.77
Price
$2.02
GF Value