How much debt does Soluna Holdings have?

According to Soluna Holdings's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Soluna Holdings's total debt stands at $19.77M. This is broken down into:

• Long-term debt: $216.00K
• Short-term debt: $19.56M

The company's net debt, which accounts for cash and cash equivalents, is $13.41M. In terms of overall financial obligations, Soluna Holdings's total liabilities amount to $37.92M.

Debt Ratios and Metrics

To better understand Soluna Holdings's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.75 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 21.66% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: -7.37 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 42.72% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Soluna Holdings's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.