BMNR (BitMine Immersion Technologies) Interest Coverage: N/A (As of Feb. 2026)


BMNR BitMine Immersion Technologies Inc BMNR
50 GF Score
Price $13.72
GF Value $19.77
Valuation Significantly Undervalued
! 2 Warning Signs
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What is BitMine Immersion Technologies Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. BitMine Immersion Technologies's Operating Income for the three months ended in Feb. 2026 was $-3,862.09 Mil. BitMine Immersion Technologies's Interest Expense for the three months ended in Feb. 2026 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


BMNR's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BitMine Immersion Technologies  (NYSE:BMNR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

BitMine Immersion Technologies Interest Coverage Related Terms

BitMine Immersion Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for BitMine Immersion Technologies's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

BitMine Immersion Technologies Interest Coverage Chart

BitMine Immersion Technologies Annual Data
Trend Aug22 Aug23 Aug24 Aug25
Interest Coverage
0.00 0.00 0.00 0.00

BitMine Immersion Technologies Quarterly Data
Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Interest Coverage 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 0.00 0.00 0.00 0.00 N/A

BMNR vs XP, FIGR, HLI: Interest Coverage Comparison

For the Capital Markets subindustry, BitMine Immersion Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Capital Markets Industry

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

* The bar in red indicates where BitMine Immersion Technologies's Interest Coverage falls into.


BMNR
50GF Score
BitMine Immersion Technologies Inc BMNR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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BitMine Immersion Technologies Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

BitMine Immersion Technologies's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, BitMine Immersion Technologies's Interest Expense was $-0.25 Mil. Its Operating Income was $-362.63 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

BitMine Immersion Technologies did not have earnings to cover the interest expense.

BitMine Immersion Technologies's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, BitMine Immersion Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-3,862.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.24 Mil.

GuruFocus does not calculate BitMine Immersion Technologies's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Is BitMine Immersion Technologies (BMNR) Overvalued in 2026?

Based on GuruFocus' analysis, BitMine Immersion Technologies stock appears to be undervalued. The current stock price of $13.72 is trading 30.6% below its estimated GF Value™ of $19.77. GuruFocus considers BitMine Immersion Technologies to be Significantly Undervalued.

Key valuation signals for BMNR:

  • Interest Coverage: N/A
  • GF Value™: $19.77 vs. price of $13.72 (30.6% below fair value)
  • GF Score™: 50/100 with 2 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.
50GF Score

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

$13.72
Price
$19.77
GF Value