BitMine Non Current Liabilities Total vs Net Tangible Assets Analysis
BMNR Stock | USD 53.60 0.89 1.63% |
Trend analysis of BitMine Immersion Technologies, balance sheet accounts such as Short Long Term Debt Total of 2 M, Other Current Liabilities of 1.2 M or Total Current Liabilities of 3.8 M provides information on BitMine Immersion's total assets, liabilities, and equity, which is the actual value of BitMine Immersion to its prevalent stockholders. By breaking down trends over time using BitMine Immersion balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BitMine Immersion Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. About BitMine Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of BitMine Immersion at a specified time, usually calculated after every quarter, six months, or one year. BitMine Immersion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BitMine Immersion and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BitMine currently owns. An asset can also be divided into two categories, current and non-current.
BitMine Immersion Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of BitMine Immersion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BitMine Immersion books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on BitMine Immersion balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BitMine Immersion Technologies, are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from BitMine Immersion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitMine Immersion current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BitMine Immersion Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of 09/24/2025, Selling General Administrative is likely to drop to about 860.9 K. In addition to that, Sales General And Administrative To Revenue is likely to drop to 0.41
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 97.5K | 268.6K | 308.9K | 324.3K | Depreciation And Amortization | 470.7K | 923.5K | 1.1M | 1.1M |
BitMine Immersion fundamental ratios Correlations
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BitMine Immersion Account Relationship Matchups
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High Negative Relationship
BitMine Immersion fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 646.0K | 8.0M | 8.2M | 7.3M | 8.4M | 8.8M | |
Total Current Liabilities | 285.5K | 317.7K | 1.6M | 3.1M | 3.6M | 3.8M | |
Total Stockholder Equity | 360.6K | 7.4M | 6.3M | 4.1M | 4.7M | 2.7M | |
Net Debt | 58.6K | (392.6K) | 1.0M | 1.1M | 1.3M | 1.4M | |
Retained Earnings | (461.3K) | (2.5M) | (4.9M) | (8.2M) | (7.4M) | (7.0M) | |
Cash And Short Term Investments | 218.7K | 392.6K | 270.5K | 499.3K | 574.2K | 602.9K | |
Common Stock Shares Outstanding | 42.1M | 186.1M | 211.8M | 215.4M | 247.7M | 127.9M | |
Liabilities And Stockholders Equity | 646.0K | 8.0M | 8.2M | 7.3M | 8.4M | 8.8M | |
Other Stockholder Equity | 817.8K | 9.9M | 11.2M | 12.3M | 14.2M | 14.9M | |
Total Liab | 285.5K | 570.0K | 1.9M | 3.2M | 3.7M | 3.9M | |
Total Current Assets | 218.7K | 888.9K | 750.0K | 1.6M | 1.8M | 1.9M | |
Common Stock | 4.0K | 4.9K | 5.0K | 5.0K | 4.5K | 4.3K | |
Cash | 218.7K | 392.6K | 270.5K | 499.3K | 574.2K | 602.9K |
Pair Trading with BitMine Immersion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BitMine Immersion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BitMine Immersion will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to BitMine Immersion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BitMine Immersion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BitMine Immersion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BitMine Immersion Technologies, to buy it.
The correlation of BitMine Immersion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BitMine Immersion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BitMine Immersion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BitMine Immersion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BitMine Stock Analysis
When running BitMine Immersion's price analysis, check to measure BitMine Immersion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BitMine Immersion is operating at the current time. Most of BitMine Immersion's value examination focuses on studying past and present price action to predict the probability of BitMine Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitMine Immersion's price. Additionally, you may evaluate how the addition of BitMine Immersion to your portfolios can decrease your overall portfolio volatility.