Soluna Holdings annual debt-to-equity ratio
2016
2017
2019
2020
2021
2022
2023
2025
Soluna Holdings Debt-to-Equity Ratio Growth & History (SLNH)
Soluna Holdings's debt-to-equity ratio was 0.55 for fiscal 2025.
View full Soluna Holdings company overviewSoluna Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.55 | — | — |
| 2023 | 2023-12-31 | 0.34 | 0.02 | +6.22% |
| 2022 | 2022-12-31 | 0.32 | 0.23 | +281.67% |
| 2021 | 2021-12-31 | 0.08 | 0.01 | +13.78% |
| 2020 | 2020-12-31 | 0.07 | −0.17 | −70.51% |
| 2019 | 2019-12-31 | 0.25 | — | — |
| 2017 | 2017-12-31 | 0.00 | 0.00 | — |
| 2016 | 2016-12-31 | 0.00 | — | — |
Soluna Holdings quarterly debt-to-equity ratio
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q4.19
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q4.23
Q1.24
Q2.24
Q3.24
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.25 | — | — |
| Q1 2026 | 2026-03-31 | 0.59 | — | — |
| Q4 2025 | 2025-12-31 | 0.55 | — | — |
| Q3 2025 | 2025-09-30 | 1.17 | 0.77 | +194.95% |
| Q3 2024 | 2024-09-30 | 0.40 | — | — |
| Q2 2024 | 2024-06-30 | 0.38 | 0.33 | +637.51% |
| Q1 2024 | 2024-03-31 | 0.31 | 0.02 | +5.58% |
| Q4 2023 | 2023-12-31 | 0.34 | 0.02 | +6.22% |
| Q2 2023 | 2023-06-30 | 0.05 | −0.06 | −53.16% |
| Q1 2023 | 2023-03-31 | 0.29 | 0.14 | +90.01% |
| Q4 2022 | 2022-12-31 | 0.32 | 0.23 | +281.67% |
| Q3 2022 | 2022-09-30 | 0.16 | 0.13 | +451.42% |
| Q2 2022 | 2022-06-30 | 0.11 | 0.06 | +120.39% |
| Q1 2022 | 2022-03-31 | 0.15 | −0.06 | −27.05% |
| Q4 2021 | 2021-12-31 | 0.08 | 0.01 | +13.78% |
| Q3 2021 | 2021-09-30 | 0.03 | — | — |
| Q2 2021 | 2021-06-30 | 0.05 | — | — |
| Q1 2021 | 2021-03-31 | 0.21 | — | — |
| Q4 2020 | 2020-12-31 | 0.07 | −0.17 | −70.51% |
| Q4 2019 | 2019-12-31 | 0.25 | — | — |
| Q4 2017 | 2017-12-31 | 0.00 | 0.00 | — |
| Q3 2017 | 2017-09-30 | 0.00 | — | — |
| Q2 2017 | 2017-06-30 | 0.00 | — | — |
| Q1 2017 | 2017-03-31 | 0.00 | — | — |
| Q4 2016 | 2016-12-31 | 0.00 | — | — |
Soluna Holdings debt-to-equity ratio trends
Over the last five fiscal years, Soluna Holdings's debt-to-equity ratio increased from 0.07 to 0.55, a change of 0.47. The latest reported quarter, Q2 2026, shows 0.25.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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