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) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Nov 13
Soluna 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