Stronghold Digital Mining Balance Sheet Health
Financial Health criteria checks 0/6
Stronghold Digital Mining has a total shareholder equity of $41.7M and total debt of $56.2M, which brings its debt-to-equity ratio to 134.7%. Its total assets and total liabilities are $152.9M and $111.2M respectively.
Key information
134.7%
Debt to equity ratio
US$56.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.88m |
| Equity | US$41.74m |
| Total liabilities | US$111.16m |
| Total assets | US$152.90m |
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 18Calculating The Intrinsic Value Of Stronghold Digital Mining, Inc. (NASDAQ:SDIG)
Mar 08A Comprehensive Analysis Suggests Significant Upside For Stronghold Digital Mining
Jan 06Financial Position Analysis
Short Term Liabilities: SDIG's short term assets ($15.1M) do not cover its short term liabilities ($44.2M).
Long Term Liabilities: SDIG's short term assets ($15.1M) do not cover its long term liabilities ($67.0M).
Debt to Equity History and Analysis
Debt Level: SDIG's net debt to equity ratio (123.1%) 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 5.5% each year.