Stronghold Digital Mining Balance Sheet Health
Financial Health criteria checks 0/6
Stronghold Digital Mining has a total shareholder equity of $19.5M and total debt of $54.4M, which brings its debt-to-equity ratio to 278.5%. Its total assets and total liabilities are $141.4M and $121.8M respectively.
Key information
278.5%
Debt to equity ratio
US$54.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.49m |
| Equity | US$19.53m |
| Total liabilities | US$121.83m |
| Total assets | US$141.37m |
Recent financial health updates
Recent updates
Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Jul 27
Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Shares Fly 27% But Investors Aren't Buying For Growth
Jun 09Is Stronghold Digital Mining (NASDAQ:SDIG) A Risky Investment?
May 26Sentiment Still Eluding Stronghold Digital Mining, Inc. (NASDAQ:SDIG)
Mar 28Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Held Back By Insufficient Growth Even After Shares Climb 99%
Apr 17Stronghold Digital Mining announces additional cost savings, $9M private placement
Sep 13Stronghold Digital Mining GAAP EPS of -$0.82 misses by $0.47, revenue of $29.18M misses by $0.9M
Aug 16Stronghold Digital: Business Model Yet To Be Truly Tested
Aug 09Stronghold Digital Mining: A Powerful Option On Bitcoin At A Discount To NAV
May 18What You Need To Know About The Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Analyst Downgrade Today
May 18Financial Position Analysis
Short Term Liabilities: SDIG's short term assets ($12.8M) do not cover its short term liabilities ($47.7M).
Long Term Liabilities: SDIG's short term assets ($12.8M) do not cover its long term liabilities ($74.2M).
Debt to Equity History and Analysis
Debt Level: SDIG's net debt to equity ratio (255.5%) is considered high.
Reducing Debt: Insufficient data to determine if SDIG's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SDIG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SDIG has less than a year of cash runway if free cash flow continues to grow at historical rates of 12% each year.