Soluna Intangible Assets vs Accounts Payable Analysis
| SLNH Stock | USD 3.51 0.06 1.68% |
Soluna Holdings financial indicator trend analysis is much more than just breaking down Soluna Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soluna Holdings is a good investment. Please check the relationship between Soluna Holdings Intangible Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soluna Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Soluna Stock please use our How to Invest in Soluna Holdings guide.
Intangible Assets vs Accounts Payable
Intangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soluna Holdings Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Soluna Holdings' Intangible Assets and Accounts Payable is -0.83. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Soluna Holdings, assuming nothing else is changed. The correlation between historical values of Soluna Holdings' Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Soluna Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Soluna Holdings' Intangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Accounts Payable
An accounting item on the balance sheet that represents Soluna Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Soluna Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Soluna Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soluna Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soluna Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Soluna Stock please use our How to Invest in Soluna Holdings guide.The current Tax Provision is estimated to decrease to about (552.3 K). The current Selling General Administrative is estimated to decrease to about 9.7 M
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.8M | 28.7M | 35.7M | 37.5M | Cost Of Revenue | 8.1M | 36.5M | 5.6M | 5.3M |
Soluna Holdings fundamental ratios Correlations
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Soluna Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Soluna Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.8M | 8.6M | 117.7M | 85.0M | 91.3M | 95.8M | |
| Other Current Liab | 761K | 1.3M | 3.7M | 2.6M | 2.4M | 3.3M | |
| Total Stockholder Equity | 3.8M | 5.9M | 91.0M | 41.9M | 26.5M | 16.0M | |
| Property Plant And Equipment Net | 1.1M | 2.1M | 45.0M | 42.7M | 45.0M | 47.3M | |
| Net Debt | (1.6M) | (1.4M) | (1.7M) | 21.7M | 13.4M | 14.1M | |
| Retained Earnings | (119.7M) | (117.8M) | (123.7M) | (221.8M) | (251.0M) | (238.4M) | |
| Cash | 2.5M | 2.6M | 10.3M | 1.1M | 6.4M | 5.0M | |
| Non Current Assets Total | 1.5M | 3.9M | 92.7M | 80.3M | 77.0M | 80.8M | |
| Cash And Short Term Investments | 2.5M | 2.6M | 10.3M | 1.1M | 6.4M | 6.8M | |
| Net Receivables | 745K | 975K | 531K | 320K | 2.7M | 4.3M | |
| Common Stock Shares Outstanding | 384.1K | 383.3K | 473.6K | 599.3K | 1.3M | 2.2M | |
| Liabilities And Stockholders Equity | 5.8M | 8.6M | 117.7M | 85.0M | 91.3M | 95.8M | |
| Inventory | 924K | 828K | 0.0 | 888K | 1.4M | 2.8M | |
| Other Current Assets | 56K | 2.1M | 15.2M | 3.7M | 5.2M | 5.5M | |
| Other Stockholder Equity | 123.5M | 123.7M | 214.7M | 263.6M | 277.5M | 291.4M | |
| Total Liab | 1.9M | 2.7M | 26.7M | 38.7M | 37.9M | 39.8M | |
| Total Current Assets | 4.2M | 4.8M | 25.0M | 4.6M | 14.3M | 14.8M | |
| Accounts Payable | 210K | 192K | 3.0M | 3.5M | 2.1M | 2.2M | |
| Common Stock | 106K | 108K | 15K | 20K | 3K | 2.9K | |
| Net Tangible Assets | 6.9M | 3.8M | 5.9M | 45.1M | 51.9M | 54.5M | |
| Property Plant Equipment | 181K | 1.1M | 2.1M | 45.0M | 51.8M | 54.3M |
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When determining whether Soluna Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Soluna Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Soluna Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Soluna Holdings Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soluna Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Soluna Stock please use our How to Invest in Soluna Holdings guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Soluna Holdings. If investors know Soluna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Soluna Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.63) | Revenue Per Share 14.352 | Quarterly Revenue Growth 3.678 | Return On Assets (0.06) | Return On Equity (0.42) |
The market value of Soluna Holdings is measured differently than its book value, which is the value of Soluna that is recorded on the company's balance sheet. Investors also form their own opinion of Soluna Holdings' value that differs from its market value or its book value, called intrinsic value, which is Soluna Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Soluna Holdings' market value can be influenced by many factors that don't directly affect Soluna Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Soluna Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Soluna Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soluna Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.