How much debt does Sol Strategies have?

Sol Strategies had total debt of CAD 51.91M as of Sep 30, 2025, against CAD 1.79M in cash and short-term investments. Its debt-to-equity ratio was 0.45. Total debt was CAD 0.00 a year earlier.

What are Sol Strategies's total assets?

Sol Strategies reported total assets of CAD 169.60M as of Sep 30, 2025, up 486.8% from CAD 28.90M a year earlier. Total liabilities were CAD 54.82M.

What is Sol Strategies's shareholders' equity?

Sol Strategies's shareholders' equity was CAD 114.78M as of Sep 30, 2025, or about CAD 4.99 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

Sol Strategies (STKE) Balance Sheet: Assets & Liabilities

Sol Strategies Balance Sheet Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Sol Strategies Inc. (STKE) - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Dec 2024	Sep 2024	Dec 2023	Sep 2023	Dec 2022	Sep 2022	Dec 2021	Sep 2021	Sep 2020	Dec 2019	Sep 2018	Sep 2017
Current Assets
Cash and Cash Equivalents	1.79	1.81	1.81	1.93	1.93	18.54	18.54	0.88	0.88	0.49	1.74	4.07	1.63
Short-Term Investments	0.00	0.00	-	0.00	-	0.06	0.06	0.00	-	0.00	0.00	0.00	5.01
Cash & Short-Term Investments	1.79	1.81	1.81	1.93	1.93	18.60	18.60	0.88	0.88	0.49	1.74	4.07	6.64
Accounts Receivable	1.61	0.01	0.01	0.06	0.06	0.09	0.09	0.48	0.32	0.01	0.01	0.02	0.41
Inventory	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.03
Other Current Assets	0.16	0.00	-	0.05	0.05	0.06	0.06	0.03	0.03	0.01	2.00	0.01	0.05
Total Current Assets	3.55	1.81	1.81	2.04	2.04	18.74	18.74	1.39	1.39	0.50	3.75	4.10	7.13
Non-Current Assets
Property, Plant & Equipment (Net)	0.02	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Long-Term Investments	127.22	1.51	1.51	6.46	6.46	3.86	3.86	4.62	4.62	2.41	1.72	4.24	0.00
Intangible Assets	38.81	0.00	-	0.00	-	0.68	0.68	0.86	0.86	3.93	0.00	0.00	0.00
Other Non-Current Assets	126.53	25.58	25.58	7.91	0.06	0.10	0.09	24.36	24.36	0.01	0.07	0.08	0.09
Total Non-Current Assets	166.04	27.09	27.09	15.01	15.01	5.15	5.15	29.84	-	6.35	1.80	4.32	0.09
Total Assets	169.60	28.90	28.90	17.05	17.05	23.89	23.89	31.23	31.23	6.86	5.55	8.42	7.17
Current Liabilities
Accounts Payable	0.76	0.08	0.08	0.11	0.11	0.19	0.19	0.19	0.19	0.06	0.05	0.06	0.03
Short-Term Debt	30.64	0.00	-	0.00	-	0.00	-	1.19	-	0.00	0.00	0.00	0.00
Current Portion of Long-Term Debt	14.48	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Liabilities	1.56	-	0.15	-	0.12	-	0.11	-	0.13	-	-	-	-
Other Current Liabilities	1.56	0.15	-	0.12	-	0.11	-	0.13	-	0.12	0.07	0.07	0.03
Total Current Liabilities	32.96	1.78	1.78	0.23	0.23	0.31	0.31	1.51	1.51	0.19	0.11	0.13	0.06
Non-Current Liabilities
Long-Term Debt	21.27	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.58	0.40	0.40	0.00	-	0.00	-	1.88	1.88	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	2.32	0.00	-	-0.23	-	-0.31	0.00	0.00	-	-0.19	-0.11	-0.13	-0.06
Total Non-Current Liabilities	24.17	0.40	0.40	0.23	-	0.00	-	1.88	-	0.19	0.11	0.13	0.06
Total Liabilities	54.82	2.18	2.18	0.23	0.23	0.31	0.31	3.39	3.39	0.19	0.11	0.13	0.06
Stockholders' Equity
Common Stock	70.43	17.26	17.26	17.86	17.86	18.57	18.57	18.56	18.56	8.55	8.19	8.19	8.19
Retained Earnings	-47.14	-10.37	-10.37	-18.51	-18.51	-12.23	-12.23	-14.42	-14.42	-14.46	-14.41	-11.50	-12.29
Accumulated Other Comprehensive Income	91.49	19.84	19.84	17.47	17.47	17.24	17.24	23.70	23.70	12.58	0.00	0.00	0.00
Additional Paid-in Capital	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	11.66	11.61	11.22
Shares Outstanding	23.00	-	18.27	-	19.01	-	20.01	-	-	-	-	-	-
Total Stockholders' Equity	114.78	26.72	26.72	16.83	16.83	23.58	23.58	27.84	27.84	6.67	5.43	8.29	7.11
Total Liabilities & Equity	169.60	28.90	28.90	17.05	17.05	23.89	23.89	31.23	-	6.86	5.55	8.42	7.17

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Sol Strategies Balance Sheet Analysis

Frequently Asked Questions About Sol Strategies Balance Sheet