Soluna Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Soluna Holdings has a total shareholder equity of $51.6M and total debt of $26.0M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are $97.3M and $45.8M respectively.
Key information
50.4%
Debt to equity ratio
US$26.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.77m |
| Equity | US$51.60m |
| Total liabilities | US$45.75m |
| Total assets | US$97.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLNH.P's short term assets ($18.5M) do not cover its short term liabilities ($31.3M).
Long Term Liabilities: SLNH.P's short term assets ($18.5M) exceed its long term liabilities ($14.4M).
Debt to Equity History and Analysis
Debt Level: SLNH.P's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: SLNH.P's debt to equity ratio has increased from 0% to 50.4% 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: SLNH.P has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SLNH.P has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34% each year