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
Soluna Holdings, Inc. (NASDAQ:SLNH) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Dec 28
Soluna Holdings, Inc. (NASDAQ:SLNH) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Nov 13Soluna Holdings, Inc.'s (NASDAQ:SLNH) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Nov 13Investors Give Soluna Holdings, Inc. (NASDAQ:SLNH) Shares A 37% Hiding
Apr 05Soluna renews project marie hosting contract
Sep 09Soluna Holdings: Buy As The Bulls Capitulate
Aug 22Soluna receives $12.5M funding from Spring Lane Capital
Aug 12Soluna picks ex-Ameresco executive for CFO role
Aug 03Soluna: The Business Of Turning Wasted Energy Into Cash Via Bitcoin Isn't Sustainable
Jul 02Is It Better To Own Bitcoin Or Bitcoin Mining Stocks?
Feb 22Soluna Holdings: Unknown, Massively Undervalued, And Revolutionizing Renewable Energy With Green Computing
Dec 23Mechanical Technology: The Best Bitcoin Mining Investment
Aug 24Mechanical Technology: Success Is In The Management's Hands
Aug 13Mechanical Technology raises $15M through equity offering
Apr 27Mechanical Technology (NASDAQ:MKTY) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 07Earnings Tell The Story For Mechanical Technology, Incorporated (NASDAQ:MKTY) As Its Stock Soars 33%
Mar 25Financial Position Analysis
Short Term Liabilities: SLNH's short term assets ($18.5M) do not cover its short term liabilities ($31.3M).
Long Term Liabilities: SLNH's short term assets ($18.5M) exceed its long term liabilities ($14.4M).
Debt to Equity History and Analysis
Debt Level: SLNH's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: SLNH'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 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SLNH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 23:34 |
| End of Day Share Price | 2025/01/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Soluna Holdings, Inc. is covered by 2 analysts. 0 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 |
|---|---|
| Meghan Moreland | Ardour Capital Investments, LLC |
| Brion Tanous | Merriman Capital, Inc |