Soluna Holdings (SLNH) Debt to Equity (2010 - 2025)
Soluna Holdings (SLNH) reported Debt to Equity of $0.22 for Q3 2025, down 21.32% on a YoY basis from $0.28 in Q3 2024, and down 51.3% quarter-over-quarter from $0.45 in Q2 2025.
Soluna Holdings (SLNH) Debt to Equity (2010 - 2025) Analysis & Trends
Soluna Holdings has reported Debt to Equity for 6 years, with the latest figure at $0.22 in Q3 2025.
- For the quarter ending Q3 2025, Debt to Equity fell 21.32% year-over-year to $0.22; the trailing twelve-month figure through Sep 2025 stood at $0.22 (down 21.32% YoY), and the FY2024 full-year result was $0.79, up 286.02% from the prior year.
- Debt to Equity for Q3 2025 stood at $0.22, down from $0.45 in the prior quarter.
- The five-year high for Debt to Equity was $0.79 in Q4 2024, with the low at $0.0 in Q1 2023.
- Historically, Debt to Equity has averaged $0.25 across 5 years, with a median of $0.22 in 2025.
- Annual changes were most pronounced in 2023 — Debt to Equity tumbled 96.54% — and 2024, when it surged 7702.8%.
- Soluna Holdings' Debt to Equity stood at $0.01 in 2021, then soared by 1973.74% to $0.23 in 2022, then dropped by 10.67% to $0.2 in 2023, then soared by 286.02% to $0.79 in 2024, then tumbled by 71.81% to $0.22 in 2025.
- The last three Debt to Equity figures came in at $0.22 (Q3 2025), $0.45 (Q2 2025), and $0.51 (Q1 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | 0.00 |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 1.04 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 2.11 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | - |
| 10 | Soluna Holdings | 119.84 Mn | 118.48 Mn | 1.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.51 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2010 | 0.04 |