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Soluna Holdings (SLNH) Ratios
Soluna Holdings Ratios
SLNH's free cash flow for Q2 2026 was $-8.41M. For the 2026 fiscal year, SLNH's free cash flow was decreased by $-3.23M and operating cash flow was $-5.18M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.87 | 0.28 | 0.51 | 0.13 | 1.59 |
| Quick Ratio | 1.87 | 0.28 | 0.51 | 0.13 | 1.59 |
| Cash Ratio | 1.55 | 0.16 | 0.23 | 0.04 | 0.65 |
| Solvency Ratio | -0.49 | -0.79 | -0.42 | -1.82 | -0.05 |
| Operating Cash Flow Ratio | -0.19 | -0.11 | -0.11 | -0.19 | 0.35 |
| Short-Term Operating Cash Flow Coverage | -1.02 | -0.35 | -0.15 | -0.25 | 0.68 |
| Net Current Asset Value | $ 16.43M | $ -47.18M | $ -23.63M | $ -34.93M | $ -1.72M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.16 | 0.25 | 0.22 | 0.27 | 0.07 |
| Debt-to-Equity Ratio | 0.53 | -1.75 | 0.75 | 0.55 | 0.09 |
| Debt-to-Capital Ratio | 0.35 | 2.34 | 0.43 | 0.35 | 0.09 |
| Long-Term Debt-to-Capital Ratio | 0.25 | -1.30 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 3.43 | -7.06 | 3.44 | 2.03 | 1.29 |
| Debt Service Coverage Ratio | -2.60 | -1.72 | -0.24 | -0.23 | -0.06 |
| Interest Coverage Ratio | -6.96 | -18.81 | -7.37 | -10.12 | -2.38 |
| Debt to Market Cap | 0.79 | 0.16 | 3.68 | 5.81 | 0.06 |
| Interest Debt Per Share | 1.17 | 0.39 | 17.14 | 52.15 | 22.00 |
| Net Debt to EBITDA | 1.24 | -0.44 | -2.13 | -2.57 | 2.89 |
| Profitability Margins | |||||
| Gross Profit Margin | 21.73% | 60.28% | 73.41% | 87.49% | 43.74% |
| EBIT Margin | -183.30% | -124.65% | -93.35% | -128.45% | -31.13% |
| EBITDA Margin | -128.30% | -83.51% | -29.85% | -29.61% | -4.13% |
| Operating Profit Margin | -113.30% | -124.99% | -96.08% | -297.02% | -31.20% |
| Pretax Profit Margin | -199.57% | -159.88% | -136.57% | -379.59% | -44.22% |
| Net Profit Margin | -179.73% | -166.58% | -138.62% | -345.80% | -36.67% |
| Continuous Operations Profit Margin | -191.78% | -153.34% | -131.51% | -374.88% | -44.53% |
| Net Income Per EBT | 90.06% | 104.19% | 101.50% | 91.10% | 82.93% |
| EBT Per EBIT | 176.15% | 127.91% | 142.14% | 127.80% | 141.73% |
| Return on Assets (ROA) | -28.42% | -71.94% | -31.99% | -116.19% | -4.47% |
| Return on Equity (ROE) | -97.35% | 507.52% | -110.13% | -235.79% | -5.78% |
| Return on Capital Employed (ROCE) | -24.27% | -118.31% | -32.08% | -152.93% | -4.39% |
| Return on Invested Capital (ROIC) | -21.89% | -83.27% | -23.58% | -107.03% | -4.06% |
| Return on Tangible Assets | -29.73% | -89.94% | -45.44% | -203.41% | -7.32% |
| Earnings Yield | -157.15% | -48.02% | -555.69% | -2534.11% | -4.13% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.38 | 14.05 | 6.21 | 52.96 | 27.02 |
| Payables Turnover | 4.79 | 5.32 | 2.67 | 1.01 | 2.73 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 0.38 | 0.80 | 0.47 | 0.67 | 0.32 |
| Asset Turnover | 0.16 | 0.43 | 0.23 | 0.34 | 0.12 |
| Working Capital Turnover Ratio | 6.94 | -1.58 | -1.06 | -3.47 | 2.31 |
| Cash Conversion Cycle | -8.43 | -42.67 | -77.98 | -355.66 | -120.28 |
| Days of Sales Outstanding | 67.82 | 25.98 | 58.81 | 6.89 | 13.51 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 76.25 | 68.64 | 136.79 | 362.55 | 133.79 |
| Operating Cycle | 67.82 | 25.98 | 58.81 | 6.89 | 13.51 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.31 | -0.08 | -2.27 | -9.59 | 11.72 |
| Free Cash Flow Per Share | -1.28 | -0.29 | -11.99 | -115.98 | -109.20 |
| Dividend Paid and CapEx Coverage Ratio | -0.33 | -0.38 | -0.23 | -0.09 | 0.10 |
| Capital Expenditure Coverage Ratio | -0.33 | -0.38 | -0.23 | -0.09 | 0.10 |
| Operating Cash Flow Coverage Ratio | -0.31 | -0.23 | -0.15 | -0.25 | 0.65 |
| Operating Cash Flow to Sales Ratio | -0.31 | -0.13 | -0.14 | -0.20 | 0.39 |
| Free Cash Flow Yield | -109.49% | -13.99% | -299.72% | -1784.36% | -40.59% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -0.49 | -2.63 | -0.18 | -0.04 | -24.22 |
| Price-to-Sales (P/S) Ratio | 1.14 | 3.47 | 0.25 | 0.14 | 8.88 |
| Price-to-Book (P/B) Ratio | 0.62 | -10.57 | 0.20 | 0.09 | 1.40 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -0.91 | -7.15 | -0.33 | -0.06 | -2.46 |
| Price-to-Operating Cash Flow Ratio | -3.71 | -26.02 | -1.76 | -0.68 | 22.95 |
| Price-to-Earnings Growth (PEG) Ratio | -0.00 | 0.03 | 0.00 | -0.00 | 0.07 |
| Enterprise Value Multiple | 0.35 | -4.59 | -2.97 | -3.03 | -211.95 |
| Enterprise Value | -13.17M | 145.87M | 18.66M | 25.64M | 125.68M |
| EV to EBITDA | 0.35 | -4.59 | -2.97 | -3.03 | -211.95 |
| EV to Sales | -0.44 | 3.84 | 0.89 | 0.90 | 8.76 |
| EV to Free Cash Flow | 0.35 | -7.91 | -1.18 | -0.37 | -2.43 |
| EV to Operating Cash Flow | 1.44 | -28.78 | -6.25 | -4.46 | 22.64 |
| Tangible Book Value Per Share | 3.58 | 0.16 | 20.06 | 16.42 | 95.33 |
| Shareholders’ Equity Per Share | 1.89 | -0.20 | 20.18 | 69.86 | 192.12 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.04 | 0.04 | 0.04 | 0.01 | -0.01 |
| Revenue Per Share | 1.02 | 0.61 | 16.04 | 47.63 | 30.29 |
| Net Income Per Share | -1.84 | -1.01 | -22.23 | -164.72 | -11.11 |
| Tax Burden | 0.90 | 1.04 | 1.01 | 0.91 | 0.83 |
| Interest Burden | 1.09 | 1.28 | 1.46 | 2.96 | 1.42 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 1.03 | 1.24 | 0.73 | 0.67 | 0.64 |
| Stock-Based Compensation to Revenue | 0.36 | 0.14 | 0.20 | 0.13 | 0.14 |
| Income Quality | 0.17 | 0.09 | 0.11 | 0.06 | -0.87 |
Currency in USD