Soluna Holdings (SLNH) Debt Ratio (2010 - 2026)
Soluna Holdings' (SLNH) quarterly Debt Ratio came in at 0.11 in Q2 2026, down 55.42% on a YoY basis from 0.25 in Q2 2025, and down 17.2% quarter-over-quarter from 0.14 in Q1 2026.
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Analysis
Soluna Holdings (SLNH) Debt Ratio (2010 - 2026) Analysis & Trends
Soluna Holdings (SLNH) has reported Debt Ratio for 7 consecutive years, with 0.11 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 55.42% year-over-year to 0.11; the trailing twelve-month figure through Jun 2026 stood at 0.11 (down 55.42% YoY), and the FY2025 full-year result was 0.14, down 41.72% from the prior year.
- Debt Ratio eased to 0.11 in Q2 2026 per SLNH's latest filing, from 0.14 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.12 in Q2 2023 and bottomed at 0.11 in Q2 2026.
- Historically, Debt Ratio has averaged 0.27 across 5 years, with a median of 0.22 in 2023.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio soared 820.27% in 2023, then slumped 73.94% in 2024.
- Over 5 years, Debt Ratio stood at 0.41 in 2022, then sank by 47.35% to 0.21 in 2023, then rose by 13.97% to 0.24 in 2024, then tumbled by 41.72% to 0.14 in 2025, then slipped by 20.74% to 0.11 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.11, 0.14, and 0.14 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.32 Bn | 102.12 Bn | 1.40 Bn | 0.48 |
| 2 | Terawulf | 8.71 Bn | 5.94 Bn | 32.37 Mn | 0.52 |
| 3 | Applied Digital | 8.12 Bn | 6.10 Bn | 97.29 Mn | 0.50 |
| 4 | Cipher Digital | 7.83 Bn | 3.83 Bn | 9.79 Mn | 0.75 |
| 5 | GDS Holdings | 7.07 Bn | 5.01 Bn | 97.89 Mn | 0.32 |
| 6 | Core Scientific | 5.87 Bn | 3.93 Bn | 70.04 Mn | 1.16 |
| 7 | Vnet | 1.95 Bn | 1.06 Bn | 74.45 Mn | 10.14 |
| 8 | Sify Technologies | 1.53 Bn | 1.53 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 771.39 Mn | 711.02 Mn | 18.88 Mn | 0.07 |
| 10 | Soluna Holdings | 167.65 Mn | 161.65 Mn | 766,000.00 | 0.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.11 |
| Mar 31, 2026 | 0.14 |
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 1.12 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.13 |
| Dec 31, 2010 | 0.02 |
API Access
Soluna Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SLNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();