Soluna Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Soluna Holdings has a total shareholder equity of $48.9M and total debt of $16.5M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $90.6M and $41.8M respectively.
Key information
33.7%
Debt to equity ratio
US$16.47m
Debt
Interest coverage ratio | n/a |
Cash | US$8.44m |
Equity | US$48.85m |
Total liabilities | US$41.79m |
Total assets | US$90.64m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLNH.P's short term assets ($17.0M) do not cover its short term liabilities ($32.5M).
Long Term Liabilities: SLNH.P's short term assets ($17.0M) exceed its long term liabilities ($9.3M).
Debt to Equity History and Analysis
Debt Level: SLNH.P's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: SLNH.P's debt to equity ratio has increased from 0% to 33.7% 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 sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SLNH.P is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.