Stronghold Digital Mining (Stronghold Digital Mining) Debt-to-Revenue : 0.51 (As of Mar. 2024)

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What is Stronghold Digital Mining Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Stronghold Digital Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12.79 Mil. Stronghold Digital Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $43.79 Mil. Stronghold Digital Mining's annualized Revenue for the quarter that ended in Mar. 2024 was $110.09 Mil. Stronghold Digital Mining's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

Stronghold Digital Mining Debt-to-Revenue Historical Data

The historical data trend for Stronghold Digital Mining's Debt-to-Revenue 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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Stronghold Digital Mining Debt-to-Revenue Chart

Stronghold Digital Mining Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

0.11

0.91

2.10

0.69

0.77

Stronghold Digital Mining Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial												0.88	0.83	0.86	0.66	0.51

Competitive Comparison of Stronghold Digital Mining's Debt-to-Revenue

For the Capital Markets subindustry, Stronghold Digital Mining's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Stronghold Digital Mining's Debt-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Stronghold Digital Mining's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Stronghold Digital Mining's Debt-to-Revenue falls into.

Stronghold Digital Mining Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Stronghold Digital Mining's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(8.725	+	48.98)	/	74.966
	=	0.77

Stronghold Digital Mining's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(12.788	+	43.793)	/	110.088
	=	0.51

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Stronghold Digital Mining Debt-to-Revenue Related Terms

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Stronghold Digital Mining (Stronghold Digital Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Stronghold Digital Mining Inc (NAS:SDIG) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Madison Avenue, 28th Floor, New York, NY, USA, 10022

Website

https://www.strongholddigitalmining.com

Stronghold Digital Mining Inc is a vertically integrated crypto asset mining company currently focused on mining Bitcoin. The company has two reporting segments; Energy Operations and Cryptocurrency Operations. It generates maximum revenue from the Cryptocurrency Operations segment.

Executives

Gregory A Beard	director, 10 percent owner, officer: Chief Executive Officer	C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
William B. Spence	director, 10 percent owner	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Matthew J. Smith	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Richard J. Shaffer	officer: See Remarks	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Thomas B Doherty	director	411 WAVERLY OAKS RD, WALTHAM MA 02154
Indira Agarwal	director	2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Thomas Pacchia	director	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Sarah James	director	PO BOX 500 71 FORT STREET, GRAND CAYMAN E9 KY11106
Trowbridge Thomas R. Iv	director	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Ricardo Larroude	officer: Chief Financial Officer	595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Q Power Llc	10 percent owner	2151 LISBON ROAD, KENNERDELL PA 16374