Bitmine Immersion Technologies, Inc.

Total Valuation

Bitmine Immersion Technologies, Inc. carries a market capitalization of 8.18B, placing it among publicly traded companies globally. Its enterprise value stands at -878.33M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Share Statistics

Bitmine Immersion Technologies, Inc. currently has 493.91M shares outstanding.

Enterprise Valuation

Financial Position

Bitmine Immersion Technologies, Inc. maintains a current ratio of 54.19, meaning it holds 54.2x 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 -30,614.89 demonstrates limited ability to service its debt obligations.

Financial Efficiency

Taxes

Stock Price Statistics

Bitmine Immersion Technologies, Inc.'s stock has declined approximately -4.21839% over the past 52 weeks. The 50-day moving average sits at 84.53, while the 200-day moving average is 84.53.

Income Statement

EBITDA reached -9.68B, while operating income came in at -9.68B.

Balance Sheet

Bitmine Immersion Technologies, Inc. holds 879.58M in cash and equivalents against 1.24M in total debt, resulting in a net debt position of -879.58M. Total book value stands at -8.69B, with working capital of 869.53M providing operational flexibility.

Cash Flow

Bitmine Immersion Technologies, Inc. produced -320.44M in operating cash flow over the past twelve months.

Margins

Bitmine Immersion Technologies, Inc. operates with a gross margin of 64.44, reflecting its pricing power and cost economics. The operating margin of -57,909.24 and net profit margin of -51,893.55 provide insight into operational efficiency.

Scores

Bitmine Immersion Technologies, Inc. posts an Altman Z-Score of -4.35, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.