Soluna Holdings (Soluna Holdings) Total Current Assets : $17.00 Mil (As of Mar. 2024)

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What is Soluna Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Soluna Holdings's total current assets for the quarter that ended in Mar. 2024 was $17.00 Mil.

Soluna Holdings Total Current Assets Historical Data

The historical data trend for Soluna Holdings's Total Current 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.

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Soluna Holdings Total Current Assets Chart

Soluna Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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4.24

4.78

24.98

3.76

14.28

Soluna Holdings Quarterly Data
	Dec17	Mar18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															7.82	22.67	14.34	14.28	17.00

Soluna Holdings Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Soluna Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.368	+	3.394	+	0	+	4.522
	=	14.28

Soluna Holdings's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.438	+	4.734	+	0	+	3.824
	=	17.00

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Soluna Holdings (NAS:SLNH) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Soluna Holdings's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.438	-	41.786	+	0.75 * 4.428	+	0.5 * 0
=	-30.03

Soluna Holdings Total Current Assets Related Terms

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Soluna Holdings (Soluna Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Soluna Holdings Inc (NAS:SLNH) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Washington Avenue Extension, Albany, NY, USA, 12205

Website

https://www.solunacomputing.com

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