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Soluna HoldingsSLNH -3.75%37 Debt-to-EBITDA is -0.69 as of Jun. 2026. GuruFocus rates SLNH with a GF Score™ of 37/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 418 Capital Markets companies, Soluna Holdings ranks worse than 239234.21% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Soluna Holdings's Debt-to-EBITDA or its related term are showing as below:
SLNH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.41 Med: -0.51 Max: 2.74
Current: -0.67
During the past 13 years, the highest Debt-to-EBITDA Ratio of Soluna Holdings was 2.74. The lowest was -14.41. And the median was -0.51.
SLNH's Debt-to-EBITDA is ranked worse than 100% of 418
companies
in the Capital Markets industry
Industry Median: 1.645
vs SLNH: -0.67
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Soluna Holdings Debt-to-EBITDA Related Terms
Soluna Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Soluna Holdings's Debt-to-EBITDA 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.
For the Capital Markets subindustry, Soluna Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Soluna Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Soluna Holdings's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Soluna Holdings (SLNH) has a Debt-to-EBITDA of -0.69 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Soluna Holdings. According to the industry distribution chart, Soluna Holdings ranks #999999 out of 418 companies in the Capital Markets industry.
Is Soluna Holdings' Debt-to-EBITDA too high?
Soluna Holdings' current Debt-to-EBITDA is -0.69. Based on the distribution chart, Soluna Holdings ranks #999999 out of 418 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Soluna Holdings has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Soluna Holdings' Debt-to-EBITDA compare to FUFU and CFOR?
According to the Capital Markets industry distribution chart, Soluna Holdings ranks #999999 out of 418 companies for Debt-to-EBITDA. This places Soluna Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.65, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Soluna Holdings. For the Capital Markets industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soluna Holdings's current Debt-to-EBITDA is -0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soluna Holdings stock overvalued right now?
Based on GuruFocus' analysis, Soluna Holdings (SLNH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $1.16 — trading 725% above its estimated fair value. The current Debt-to-EBITDA is -0.69. Soluna Holdings' overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Soluna Holdings (SLNH), the current Debt-to-EBITDA is -0.69 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Soluna Holdings (SLNH) Overvalued in 2026?
Based on GuruFocus' analysis, Soluna Holdings stock appears to be overvalued.
The current stock price of $1.16 is trading 725% above its estimated GF Value™ of $0.14.
GuruFocus considers Soluna Holdings to be Significantly Overvalued.
Key valuation signals for SLNH:
Debt-to-EBITDA: -0.69
GF Value™: $0.14 vs. price of $1.16 (725% above fair value)
No single metric tells the full story. See the SLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Soluna Holdings Inc is a U.S.-based company engaged in the development and operation of data centers powered by renewable energy. The company utilizes excess or curtailed energy from renewable sources to support high-performance computing applications, including cryptocurrency mining, artificial intelligence, and machine learning. Its business model focuses on converting underutilized renewable energy into computing resources through co-located data center infrastructure.
37GF Score
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