Soluna Holdings's Total Assets for the quarter that ended in Mar. 2024 was $90.64 Mil.
Warning Sign:
If a company builds assets at 139.2% a year, faster than its revenue growth rate of 16.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Soluna Holdings's average Total Assets Growth Rate was 3.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 141.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 139.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 44.40% per year.
During the past 13 years, Soluna Holdings's highest 3-Year average Total Assets Growth Rate was 256.40%. The lowest was -50.00%. And the median was -0.80%.
The historical data trend for Soluna Holdings's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Soluna Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Soluna Holdings (NAS:SLNH) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Soluna Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Soluna Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Soluna Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Soluna Holdings (Soluna Holdings) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SLNH has been successfully added to your 