Soluna Holdings
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
67.00-23.17-282.0516.193.9219.8023.19-19.94-0.03-0.17N/A3.92
Price/Sales ratio
5.6410.3714.351.330.940.974.708.880.130.24N/A0.94
Price/Book Value ratio
11.7542.9824.391.891.091.667.621.400.090.19N/A1.09
Price/Cash Flow ratio
72.27-46.03193.9825.963.8022.1327.8222.94-0.67-1.75N/A3.80
Price/Free Cash Flow ratio
81.41-44.32262.3236.823.9931.0557.34-2.46-0.05-0.33N/A3.99
Price/Earnings Growth ratio
-0.830.043.23-0.010.01-0.230.040.05-0.000.00N/A0.01
Dividend Yield
N/AN/AN/AN/AN/A55.35%N/A0.49%98.88%N/A52.22%55.35%
Profitability Indicator Ratios
Gross Profit Margin
62.60%60.90%61.42%68.36%71.13%66.44%67.97%43.74%-27.88%69.78%N/A71.13%
Operating Profit Margin
6.43%-23.22%-5.11%8.32%18.89%3.94%15.10%-31.20%-297.01%-96.08%N/A18.89%
Pretax Profit Margin
7.97%-23.25%-5.21%8.32%19.15%4.48%16.18%-44.22%-379.59%-136.57%N/A19.15%
Net Profit Margin
8.42%-44.73%-5.08%8.24%24.01%4.91%20.27%-44.53%-374.87%-138.61%N/A24.01%
Effective Tax Rate
-5.71%-92.39%2.44%1.02%-25.38%-9.49%-25.22%-0.69%1.24%3.70%N/A-25.38%
Return on Assets
13.50%-109.51%-6.93%9.38%23.78%5.61%22.50%-5.42%-125.95%-31.99%N/A23.78%
Return On Equity
17.54%-185.46%-8.65%11.72%27.87%8.42%32.89%-7.02%-255.61%-110.13%N/A27.87%
Return on Capital Employed
13.39%-96.26%-8.69%11.84%21.92%5.61%20.68%-4.38%-152.92%-32.07%N/A21.92%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.15N/A
Quick Ratio
2.571.384.214.305.612.892.411.590.120.50N/A5.61
Cash ratio
1.520.433.283.094.842.191.600.650.030.22N/A4.84
Days of Sales Outstanding
50.5453.6845.5772.6739.4341.38N/A13.514.0946.29N/A39.43
Days of Inventory outstanding
85.91148.3590.64113.38135.36152.9598.31N/A8.87N/AN/A135.36
Operating Cycle
136.46202.04136.21186.06174.79194.3398.3113.5112.9746.29N/A174.79
Days of Payables Outstanding
24.0022.4116.6253.0931.5234.7622.79133.7835.47120.36N/A31.52
Cash Conversion Cycle
112.45179.62119.59132.96143.27159.5775.51-120.27-22.50-74.07N/A143.27
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/AN/A0.070.260.21N/AN/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/AN/A0.090.540.72N/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/A0.080.350.42N/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-10.12N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/A0.66-0.25-0.15N/AN/A
Company Equity Multiplier
1.291.691.241.241.171.501.461.292.023.44N/A1.17
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.07-0.220.070.050.240.040.160.38-0.20-0.14N/A0.24
Free Cash Flow / Operating Cash Flow Ratio
0.881.030.730.700.950.710.48-9.3112.095.25N/A0.95
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A0.66-0.25-0.15N/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A0.66-0.25-0.15N/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/A1096.28%N/A-9.86%-3.59%N/A-5.59%1096.28%