Bitmine Immersion Technologies, Inc.

Total Valuation

Bitmine Immersion Technologies, Inc. carries a market capitalization of 10.83B, placing it among publicly traded companies globally. Its enterprise value stands at -338.52M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Share Statistics

Bitmine Immersion Technologies, Inc. currently has 579.65M shares outstanding.

Financial Position

Bitmine Immersion Technologies, Inc. maintains a current ratio of 36.68, meaning it holds 36.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.01, indicating conservative leverage, while an interest coverage ratio of -39,670.62 demonstrates limited ability to service its debt obligations.

Financial Efficiency

Taxes

Stock Price Statistics

Bitmine Immersion Technologies, Inc.'s stock has gained approximately 12.56322% over the past 52 weeks. The 50-day moving average sits at 88.73, while the 200-day moving average is 88.62.

Income Statement

EBITDA reached -9.69B, while operating income came in at -9.69B.

Balance Sheet

Bitmine Immersion Technologies, Inc. holds 340.29M in cash and equivalents against 1.22M in total debt, resulting in a net debt position of -340.29M. Total book value stands at 11.60B, with working capital of 433.12M providing operational flexibility.

Cash Flow

Bitmine Immersion Technologies, Inc. produced -293.11M in operating cash flow over the past twelve months.

Margins

Bitmine Immersion Technologies, Inc. operates with a gross margin of 83.48, reflecting its pricing power and cost economics. The operating margin of -15,832.46 and net profit margin of -14,306.58 provide insight into operational efficiency.

Scores

Bitmine Immersion Technologies, Inc. posts an Altman Z-Score of -3.76, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.