Soluna Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Soluna Holdings has a total shareholder equity of $53.4M and total debt of $19.3M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are $91.3M and $37.9M respectively.
Key information
36.2%
Debt to equity ratio
US$19.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.37m |
| Equity | US$53.36m |
| Total liabilities | US$37.92m |
| Total assets | US$91.28m |
Recent financial health updates
Recent updates
Investors Give Soluna Holdings, Inc. (NASDAQ:SLNH) Shares A 37% Hiding
Apr 05
Soluna 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 ($14.3M) do not cover its short term liabilities ($28.2M).
Long Term Liabilities: SLNH's short term assets ($14.3M) exceed its long term liabilities ($9.7M).
Debt to Equity History and Analysis
Debt Level: SLNH's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: SLNH's debt to equity ratio has increased from 0% to 36.2% 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 53.5% each year