What is SOLUNA HOLDINGS INC's earnings per share (EPS)?

SOLUNA HOLDINGS INC (SLNH) reported diluted earnings per share of $-2.38 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SOLUNA HOLDINGS INC Financials

SLNH

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows SOLUNA HOLDINGS INC (SLNH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SLNH FY2025 2026-05-15

FY2025 shows a financing-led reset: liquidity recovered while the core business remained a heavy cash user.

Cash rose to $76.4M and the current ratio recovered to 1.9x, but that healthier near-term position did not come from the income statement turning productive. Financing cash flow of $119.4M arrived alongside a roughly tenfold jump in shares outstanding, while operating cash flow remained negative, so FY2025 reads as an externally funded balance-sheet repair rather than self-financed improvement.

Even after returning to positive gross profit, FY2025's gross margin was only 6.1%, and SG&A alone reached $40.1M; that combination says the shortfall is not just in direct delivery costs, because the overhead structure still overwhelms the current revenue base.

Capital intensity stayed high: capex of $28.1M nearly matched revenue of $29.7M, so expansion still behaves like a buildout that must be financed first and monetized later. That helps explain why reported losses and cash burn continue to move together rather than being separated by non-cash accounting effects.

Financial Health Signals

Financial Health Score 37/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of SOLUNA HOLDINGS INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Dilution

Revenue Progress

Burn Trend

Balance Sheet

Altman Z-Score Distress

-1.98

SOLUNA HOLDINGS INC scores -1.98, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($205.1M) relative to total liabilities ($134.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

3/9

SOLUNA HOLDINGS INC passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.17x

For every $1 of reported earnings, SOLUNA HOLDINGS INC generates $0.17 in operating cash flow (-$9.1M OCF vs -$53.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-7.0x

SOLUNA HOLDINGS INC earns $-7.0 in operating income for every $1 of interest expense (-$33.7M vs $4.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$29.7M

YoY-21.8%

5Y CAGR+118.6%

10Y CAGR+13.0%

SOLUNA HOLDINGS INC generated $29.7M in revenue in fiscal year 2025. This represents a decrease of 21.8% from the prior year.

EBITDA

-$24.1M

YoY+36.5%

SOLUNA HOLDINGS INC's EBITDA was -$24.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 36.5% from the prior year.

Net Income

-$53.4M

YoY+15.7%

SOLUNA HOLDINGS INC reported -$53.4M in net income in fiscal year 2025. This represents an increase of 15.7% from the prior year.

EPS (Diluted)

$-2.38

SOLUNA HOLDINGS INC earned $-2.38 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$37.2M

YoY-167.3%

SOLUNA HOLDINGS INC generated -$37.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 167.3% from the prior year.

Cash & Debt

$76.4M

YoY+874.4%

5Y CAGR+96.2%

10Y CAGR+44.5%

SOLUNA HOLDINGS INC held $76.4M in cash against $17.9M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

103M

SOLUNA HOLDINGS INC had 103M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

6.0%

YoY-18.7pp

5Y CAGR+354.6pp

10Y CAGR-56.5pp

SOLUNA HOLDINGS INC's gross margin was 6.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 18.7 percentage points from the prior year.

Operating Margin

-113.3%

YoY+11.7pp

5Y CAGR+162.6pp

10Y CAGR-119.8pp

SOLUNA HOLDINGS INC's operating margin was -113.3% in fiscal year 2025, reflecting core business profitability. This is up 11.7 percentage points from the prior year.

Net Margin

-179.7%

YoY-13.1pp

5Y CAGR-506.8pp

10Y CAGR-188.2pp

SOLUNA HOLDINGS INC's net profit margin was -179.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 13.1 percentage points from the prior year.

Return on Equity

-99.7%

5Y CAGR-132.6pp

10Y CAGR-117.3pp

SOLUNA HOLDINGS INC's ROE was -99.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$75K

SOLUNA HOLDINGS INC spent $75K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$28.1M

YoY+217.0%

5Y CAGR+103.5%

10Y CAGR+80.4%

SOLUNA HOLDINGS INC invested $28.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 217.0% from the prior year.

SLNH Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$29.7M-21.8%	$38.0M+80.5%	$21.1M-26.2%	$28.5M+99.0%	$14.3M+2310.9%	$595K
Cost of Revenue	$23.3M-18.8%	$28.6M+80.9%	$15.8M-56.6%	$36.5M	N/A	$2.7M
Gross Profit	$1.8M-80.9%	$9.4M+239.1%	$2.8M+134.8%	-$8.0M	N/A	-$2.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$1.5M
SG&A Expenses	$40.1M+42.3%	$28.2M+13.2%	$24.9M-13.3%	$28.7M+167.0%	$10.8M+486.8%	$1.8M
Operating Income	-$33.7M+29.1%	-$47.5M-134.8%	-$20.2M+76.1%	-$84.8M-1794.3%	-$4.5M-172.6%	-$1.6M
Interest Expense	$4.8M+91.3%	$2.5M-8.0%	$2.7M-67.2%	$8.4M+345.7%	$1.9M	N/A
Income Tax	-$2.3M+6.9%	-$2.5M-133.1%	-$1.1M+20.7%	-$1.3M-3159.1%	$44K+113.3%	-$332K
Net Income	-$53.4M+15.7%	-$63.3M-116.9%	-$29.2M+70.4%	-$98.7M-1776.4%	-$5.3M-370.3%	$1.9M
EPS (Diluted)	$-2.38	$-14.94	$-27.79	$-174.41	$-0.50-350.0%	$0.20

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$9.4M+2.0%	$9.2M+9.4%	$8.4M+36.7%	$6.2M+3.7%	$5.9M-28.2%	$8.3M+9.9%	$7.5M-22.2%	$9.7M
Cost of Revenue	$7.5M+0.5%	$7.4M+22.2%	$6.1M+22.5%	$5.0M+4.3%	$4.8M-44.3%	$8.6M-3.7%	$8.9M+59.7%	$5.6M
Gross Profit	$491K+82.5%	$269K-66.5%	$802K+106.2%	$389K+15.1%	$338K+101.1%	-$29.8M-915.1%	-$2.9M-187.9%	$3.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$18.5M+33.7%	$13.9M+37.2%	$10.1M+29.6%	$7.8M-6.6%	$8.3M+31.3%	$6.4M-16.9%	$7.7M-1.7%	$7.8M
Operating Income	-$16.6M-37.4%	-$12.1M-55.5%	-$7.8M-17.5%	-$6.6M+7.7%	-$7.2M+79.6%	-$35.2M-290.8%	-$9.0M-145.3%	-$3.7M
Interest Expense	$1.5M-6.8%	$1.6M+31.1%	$1.2M+1.3%	$1.2M+42.7%	$838K+0.6%	$833K+1.5%	$821K+82.9%	$449K
Income Tax	-$624K-1.1%	-$617K+7.4%	-$666K-9.5%	-$608K-43.1%	-$425K+42.8%	-$743K-35.8%	-$547K+15.7%	-$649K
Net Income	-$17.5M-8.7%	-$16.1M+32.9%	-$24.0M-224.5%	-$7.4M+2.3%	-$7.6M+80.4%	-$38.5M-435.7%	-$7.2M+33.9%	-$10.9M
EPS (Diluted)	$-0.24	N/A	$-1.14-22.6%	$-0.93+23.1%	$-1.21	N/A	$-1.56+56.9%	$-3.62

SLNH Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$187.9M+113.5%	$88.0M-3.5%	$91.3M+7.4%	$85.0M-27.8%	$117.7M+1261.1%	$8.6M
Current Assets	$92.1M+582.7%	$13.5M-5.5%	$14.3M+279.7%	$3.8M-84.9%	$25.0M+422.7%	$4.8M
Cash & Equivalents	$76.4M+874.4%	$7.8M+23.2%	$6.4M+460.6%	$1.1M-88.9%	$10.3M+290.0%	$2.6M
Inventory	N/A	N/A	N/A	N/A	N/A	$828K
Accounts Receivable	$5.5M+105.1%	$2.7M-8.6%	$2.9M+821.3%	$320K-39.7%	$531K+800.0%	$59K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$134.4M+33.7%	$100.5M+55.2%	$64.8M+67.4%	$38.7M+44.9%	$26.7M+877.9%	$2.7M
Current Liabilities	$49.2M+2.7%	$47.9M+69.9%	$28.2M-4.5%	$29.5M+88.2%	$15.7M+858.0%	$1.6M
Long-Term Debt	$17.9M+153.5%	$7.1M	N/A	$13.0M	N/A	N/A
Total Equity	$53.5M+529.1%	-$12.5M-147.1%	$26.5M-36.7%	$41.9M-54.0%	$91.0M+1438.0%	$5.9M
Retained Earnings	-$367.7M-17.0%	-$314.3M-25.2%	-$251.0M-13.2%	-$221.8M-80.2%	-$123.1M-4.5%	-$117.8M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$190.4M+1.3%	$187.9M+23.6%	$152.0M+65.3%	$92.0M+2.1%	$90.0M+2.3%	$88.0M-9.6%	$97.3M-1.3%	$98.7M
Current Assets	$90.7M-1.5%	$92.1M+38.7%	$66.4M+291.1%	$17.0M+7.7%	$15.8M+16.8%	$13.5M-27.1%	$18.5M-32.6%	$27.5M
Cash & Equivalents	$68.6M-10.3%	$76.4M+48.8%	$51.4M+420.1%	$9.9M+7.8%	$9.2M+16.8%	$7.8M-10.5%	$8.8M-8.3%	$9.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$5.5M-1.2%	$5.5M+25.3%	$4.4M+66.4%	$2.6M+12.1%	$2.4M-12.2%	$2.7M+31.7%	$2.0M-40.4%	$3.4M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$143.2M+6.5%	$134.4M-2.3%	$137.6M+23.5%	$111.4M+5.0%	$106.1M+5.6%	$100.5M+31.4%	$76.5M+2.9%	$74.3M
Current Liabilities	$51.9M+5.5%	$49.2M-12.5%	$56.2M+17.4%	$47.9M+0.6%	$47.6M-0.7%	$47.9M+52.8%	$31.3M-3.7%	$32.5M
Long-Term Debt	$15.9M-11.1%	$17.9M+35.0%	$13.3M+32.3%	$10.0M-1.7%	$10.2M+44.3%	$7.1M-12.8%	$8.1M-10.3%	$9.0M
Total Equity	$47.2M-11.8%	$53.5M+270.0%	$14.5M+174.4%	-$19.5M-21.1%	-$16.1M-28.7%	-$12.5M-159.8%	$20.9M-14.3%	$24.4M
Retained Earnings	-$385.2M-4.7%	-$367.7M-4.1%	-$353.2M-7.3%	-$329.2M-2.3%	-$321.9M-2.4%	-$314.3M-14.6%	-$274.3M-2.7%	-$267.1M

SLNH Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$9.1M-80.5%	-$5.1M-69.7%	-$3.0M+51.2%	-$6.1M-232.0%	$4.6M+481.8%	-$1.2M
Capital Expenditures	$28.1M+217.0%	$8.9M-30.3%	$12.7M-80.0%	$63.7M+39.1%	$45.8M+5588.4%	$805K
Free Cash Flow	-$37.2M-167.3%	-$13.9M+11.3%	-$15.7M+77.5%	-$69.8M-69.6%	-$41.2M-1938.5%	-$2.0M
Investing Cash Flow	-$31.9M-142.0%	-$13.2M-27.4%	-$10.3M+81.1%	-$54.7M+4.5%	-$57.3M-3022.6%	-$1.8M
Financing Cash Flow	$119.4M+551.8%	$18.3M-16.2%	$21.9M-49.1%	$42.9M-27.7%	$59.4M+71443.4%	$83K
Dividends Paid	N/A	N/A	N/A	N/A	$630K	$0
Share Buybacks	$75K	$0	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$6.4M-12.4%	-$5.7M-157.0%	-$2.2M-101.3%	-$1.1M-519.2%	-$177K+89.3%	-$1.7M-2816.4%	$61K+100.8%	-$7.3M
Capital Expenditures	$2.6M-76.8%	$11.1M+138.1%	$4.6M-47.4%	$8.8M+149.9%	$3.5M-31.3%	$5.1M+49.7%	$3.4M+1495.9%	-$246K
Free Cash Flow	-$8.9M+46.6%	-$16.7M-144.2%	-$6.8M+31.0%	-$9.9M-167.5%	-$3.7M+45.4%	-$6.8M-101.5%	-$3.4M+55.4%	-$7.6M
Investing Cash Flow	-$6.2M+54.7%	-$13.7M-40.4%	-$9.8M-107.7%	-$4.7M-29.4%	-$3.6M+33.5%	-$5.5M-0.1%	-$5.5M-291.7%	-$1.4M
Financing Cash Flow	$9.7M-79.6%	$47.8M-16.6%	$57.3M+780.1%	$6.5M-16.7%	$7.8M+45.3%	$5.4M+5.3%	$5.1M-48.1%	$9.8M
Dividends Paid	$2.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$56K+164.4%	-$87K	N/A	N/A	$0	N/A	N/A	N/A

SLNH Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	6.0%-18.7pp	24.7%+11.6pp	13.2%+41.0pp	-27.9%	N/A	-348.6%
Operating Margin	-113.3%+11.7pp	-125.0%-28.9pp	-96.1%+200.9pp	-297.0%-265.8pp	-31.2%+244.8pp	-276.0%
Net Margin	-179.7%-13.1pp	-166.6%-28.0pp	-138.6%+207.2pp	-345.8%-309.1pp	-36.7%-363.7pp	327.1%
Return on Equity	-99.7%	N/A	-110.1%+125.7pp	-235.8%-230.0pp	-5.8%-38.7pp	32.9%
Return on Assets	-28.4%+43.5pp	-71.9%-40.0pp	-32.0%+84.2pp	-116.2%-111.7pp	-4.5%-27.0pp	22.5%
Current Ratio	1.87+1.6	0.28-0.2	0.51+0.4	0.13-1.5	1.59-1.3	2.92
Debt-to-Equity	0.33+0.9	-0.57-3.0	2.44+2.1	0.31+0.0	0.29-0.2	0.46
FCF Margin	-125.2%-88.6pp	-36.6%+37.9pp	-74.5%+170.0pp	-244.5%+42.4pp	-286.9%+52.4pp	-339.3%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	5.2%+2.3pp	2.9%-6.6pp	9.5%+3.2pp	6.3%+0.6pp	5.7%+366.5pp	-360.8%-321.7pp	-39.1%-73.6pp	34.6%
Operating Margin	-177.0%-45.6pp	-131.4%-39.0pp	-92.5%+15.1pp	-107.6%+13.3pp	-120.9%+305.1pp	-426.0%-306.2pp	-119.8%-81.8pp	-38.0%
Net Margin	-185.9%-11.4pp	-174.5%+110.2pp	-284.7%-164.8pp	-119.9%+7.4pp	-127.3%+338.3pp	-465.6%-370.1pp	-95.5%+16.8pp	-112.4%
Return on Equity	-37.0%-7.0pp	-30.0%+135.5pp	-165.5%	N/A	N/A	N/A	-34.4%+10.2pp	-44.6%
Return on Assets	-9.2%-0.6pp	-8.6%+7.2pp	-15.8%-7.7pp	-8.0%+0.4pp	-8.4%+35.4pp	-43.8%-36.4pp	-7.4%+3.6pp	-11.0%
Current Ratio	1.75-0.1	1.87+0.7	1.18+0.8	0.35+0.0	0.33+0.0	0.28-0.3	0.59-0.3	0.84
Debt-to-Equity	0.340.0	0.33-0.6	0.92+1.4	-0.52+0.1	-0.63-0.1	-0.57-1.0	0.39+0.0	0.37
FCF Margin	-95.1%+86.5pp	-181.7%-100.3pp	-81.4%+79.8pp	-161.2%-98.7pp	-62.5%+19.7pp	-82.2%-37.4pp	-44.8%+33.4pp	-78.2%

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Frequently Asked Questions

What is SOLUNA HOLDINGS INC's annual revenue?

SOLUNA HOLDINGS INC (SLNH) reported $29.7M in total revenue for fiscal year 2025. This represents a -21.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SOLUNA HOLDINGS INC's revenue growing?

SOLUNA HOLDINGS INC (SLNH) revenue declined by 21.8% year-over-year, from $38.0M to $29.7M in fiscal year 2025.

Is SOLUNA HOLDINGS INC profitable?

No, SOLUNA HOLDINGS INC (SLNH) reported a net income of -$53.4M in fiscal year 2025, with a net profit margin of -179.7%.

What is SOLUNA HOLDINGS INC's EBITDA?

SOLUNA HOLDINGS INC (SLNH) had EBITDA of -$24.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SOLUNA HOLDINGS INC have?

As of fiscal year 2025, SOLUNA HOLDINGS INC (SLNH) had $76.4M in cash and equivalents against $17.9M in long-term debt.

What is SOLUNA HOLDINGS INC's gross margin?

SOLUNA HOLDINGS INC (SLNH) had a gross margin of 6.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is SOLUNA HOLDINGS INC's operating margin?

SOLUNA HOLDINGS INC (SLNH) had an operating margin of -113.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SOLUNA HOLDINGS INC's net profit margin?

SOLUNA HOLDINGS INC (SLNH) had a net profit margin of -179.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is SOLUNA HOLDINGS INC's return on equity (ROE)?

SOLUNA HOLDINGS INC (SLNH) has a return on equity of -99.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is SOLUNA HOLDINGS INC's free cash flow?

SOLUNA HOLDINGS INC (SLNH) generated -$37.2M in free cash flow during fiscal year 2025. This represents a -167.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SOLUNA HOLDINGS INC's operating cash flow?

SOLUNA HOLDINGS INC (SLNH) generated -$9.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are SOLUNA HOLDINGS INC's total assets?

SOLUNA HOLDINGS INC (SLNH) had $187.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are SOLUNA HOLDINGS INC's capital expenditures?

SOLUNA HOLDINGS INC (SLNH) invested $28.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does SOLUNA HOLDINGS INC buy back shares?

Yes, SOLUNA HOLDINGS INC (SLNH) spent $75K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does SOLUNA HOLDINGS INC have outstanding?

SOLUNA HOLDINGS INC (SLNH) had 103M shares outstanding as of fiscal year 2025.

What is SOLUNA HOLDINGS INC's current ratio?

SOLUNA HOLDINGS INC (SLNH) had a current ratio of 1.87 as of fiscal year 2025, which is generally considered healthy.

What is SOLUNA HOLDINGS INC's debt-to-equity ratio?

SOLUNA HOLDINGS INC (SLNH) had a debt-to-equity ratio of 0.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SOLUNA HOLDINGS INC's return on assets (ROA)?

SOLUNA HOLDINGS INC (SLNH) had a return on assets of -28.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SOLUNA HOLDINGS INC's cash runway?

Based on fiscal year 2025 data, SOLUNA HOLDINGS INC (SLNH) had $76.4M in cash against an annual operating cash burn of $9.1M. This gives an estimated cash runway of approximately 100 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is SOLUNA HOLDINGS INC's Altman Z-Score?

SOLUNA HOLDINGS INC (SLNH) has an Altman Z-Score of -1.98, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SOLUNA HOLDINGS INC's Piotroski F-Score?

SOLUNA HOLDINGS INC (SLNH) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SOLUNA HOLDINGS INC's earnings high quality?

SOLUNA HOLDINGS INC (SLNH) has an earnings quality ratio of 0.17x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SOLUNA HOLDINGS INC cover its interest payments?

SOLUNA HOLDINGS INC (SLNH) has an interest coverage ratio of -7.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SOLUNA HOLDINGS INC?

SOLUNA HOLDINGS INC (SLNH) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.