GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Soluna Holdings Inc (NAS:SLNH) » Definitions » Tangible Book per Share

Soluna Holdings (Soluna Holdings) Tangible Book per Share : $-1.11 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Soluna Holdings Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Soluna Holdings's tangible book value per share for the quarter that ended in Mar. 2024 was $-1.11.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Soluna Holdings Tangible Book per Share Historical Data

The historical data trend for Soluna Holdings's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Soluna Holdings Tangible Book per Share Chart

Soluna Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 15.19 82.06 7.26 -0.20

Soluna Holdings Quarterly Data
Dec17 Mar18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.24 0.86 -0.44 -0.20 -1.11

Competitive Comparison of Soluna Holdings's Tangible Book per Share

For the Capital Markets subindustry, Soluna Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Soluna Holdings's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Soluna Holdings's Price-to-Tangible-Book falls into.



Soluna Holdings Tangible Book per Share Calculation

Soluna Holdings's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(26.514-0.003-27.007)/2.50562
=-0.20

Soluna Holdings's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(21.529-0.003-24.673)/2.84149
=-1.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Soluna Holdings  (NAS:SLNH) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Soluna Holdings Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Soluna Holdings's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Soluna Holdings (Soluna Holdings) Business Description

Traded in Other Exchanges
N/A
Address
325 Washington Avenue Extension, Albany, NY, USA, 12205
Soluna Holdings Inc, is a U.S based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.
Executives
Jessica L. Thomas officer: CFO 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Belizaire director, officer: CEO & Pres. of EcoChain Inc. 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Patman Philip F Jr officer: Chief Financial Officer 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
William Hazelip director C/O MECHANICAL TECHNOLOGY, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Bottomley director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Mary Jennifer Oreilly officer: Chief People Officer 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
William P Phelan director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Michael Toporek director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Matthew E. Lipman director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
David C Michaels director C/O MECHANICAL TECHNOLOGY INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Alykhan Madhavji director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Moshe Binyamin officer: President-MTI Instruments, Inc 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Frederick W. Jones officer: CHIEF FINANCIAL OFFICER C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Thomas J Marusak director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Edward R Hirshfield director, 10 percent owner 122 E.42ND STREET SUITE 4305, NEW YORK NY 10168