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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 01:18 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Stronghold Digital Mining, Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lucas Pipes | B. Riley Securities, Inc. |
| William Chase White | Compass Point Research & Trading, LLC |
| Christopher Brendler | D.A. Davidson & Co. |