Soluna Holdings (SLNH) Equity Ratio (2010 - 2025)

Soluna Holdings (SLNH) reported Equity Ratio of 0.34 for Q3 2025, down 35.97% on a YoY basis from 0.53 in Q3 2024, and up 6.43% quarter-over-quarter from 0.32 in Q2 2025.

Soluna Holdings (SLNH) Equity Ratio (2010 - 2025) Analysis & Trends

Soluna Holdings has reported Equity Ratio for 11 years, with the latest figure at 0.34 in Q3 2025.

  • For the quarter ending Q3 2025, Equity Ratio fell 35.97% year-over-year to 0.34; the trailing twelve-month figure through Sep 2025 stood at 0.34 (down 35.97% YoY), and the FY2024 full-year result was 0.31, down 46.84% from the prior year.
  • Equity Ratio for Q3 2025 stood at 0.34, up from 0.32 in the prior quarter.
  • The five-year high for Equity Ratio was 0.83 in Q3 2021, with the low at 0.3 in Q1 2025.
  • Historically, Equity Ratio has averaged 0.57 across 5 years, with a median of 0.59 in 2023.
  • The largest YoY upside for Equity Ratio was 13.0% in 2021 against a maximum downside of 80.32% in 2021.
  • Soluna Holdings' Equity Ratio stood at 0.77 in 2021, then dropped by 29.55% to 0.54 in 2022, then advanced by 7.34% to 0.58 in 2023, then sank by 46.84% to 0.31 in 2024, then increased by 9.19% to 0.34 in 2025.
  • The last three Equity Ratio figures came in at 0.34 (Q3 2025), 0.32 (Q2 2025), and 0.3 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 0.07
3 Goldman Sachs 317.73 Bn -619.82 Bn - 0.06
4 Schwab Charles 153.74 Bn 108.77 Bn - 0.10
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 0.21
6 Interactive Brokers 38.91 Bn 49.50 Bn - 0.03
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 0.30
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 0.88
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 0.04
10 Soluna Holdings 116.06 Mn 114.69 Mn 1.92 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.34
Jun 30, 2025 0.32
Mar 31, 2025 0.30
Dec 31, 2024 0.31
Sep 30, 2024 0.53
Jun 30, 2024 0.51
Mar 31, 2024 0.54
Dec 31, 2023 0.58
Sep 30, 2023 0.59
Jun 30, 2023 0.61
Mar 31, 2023 0.60
Dec 31, 2022 0.54
Sep 30, 2022 0.63
Jun 30, 2022 0.72
Mar 31, 2022 0.64
Dec 31, 2021 0.77
Sep 30, 2021 0.83
Jun 30, 2021 0.82
Dec 31, 2020 0.68
Sep 30, 2020 4.22