Soluna Holdings (SLNH) Debt Ratio (2021 - 2026)
Soluna Holdings' (SLNH) Debt Ratio stood at 0.11 in Q2 2026, down 22.2% from 0.15 a year earlier and down 17.2% from the prior quarter.
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Analysis
Soluna Holdings (SLNH) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2025, Soluna Holdings' Debt Ratio came in at 0.14, down 41.7% from FY2024.
- Across earlier years, Debt Ratio came in at 0.24 in FY2024 (+15.3%), 0.21 in FY2023 (-19.2%), 0.26 in FY2022 (+280.1%) and 0.07 in FY2021.
- Quarterly Debt Ratio has ranged from 0.07 in Q4 2021 to 0.26 in Q4 2022 over the past five years.
- On a year-over-year basis, Debt Ratio has declined for six consecutive quarters, with an average decline of 22.9% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 280.1% in Q4 2022, against a decline of 59.1% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.14 (Q1 2026), 0.14 (Q4 2025) and 0.08 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,949.85 Bn | 3,873.01 Bn | 60.48 Bn | 0.05 |
| 2 | International Business Machines | 228.00 Bn | 178.81 Bn | 9.91 Bn | 0.41 |
| 3 | Cloudflare | 103.51 Bn | 87.04 Bn | 499.52 Mn | 0.20 |
| 4 | Equinix | 97.35 Bn | 85.92 Bn | 1.40 Bn | 0.48 |
| 5 | Nebius | 41.52 Bn | 14.95 Bn | 448.70 Mn | 0.31 |
| 6 | CoreWeave | 34.23 Bn | 21.32 Bn | 1.70 Bn | 0.05 |
| 7 | Verisign | 27.83 Bn | 25.04 Bn | 384.60 Mn | 1.29 |
| 8 | Nutanix | 18.34 Bn | 10.03 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.21 Bn | 9.79 Bn | 828.20 Mn | 0.47 |
| 10 | Soluna Holdings | 75.97 Mn | 75.97 Mn | 766,000.00 | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.08 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 1.23 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.07 |
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();