Applied Digital Corporation

NasdaqGS APLD

Applied Digital Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending November 30, 2024

Applied Digital Corporation Debt to Equity Ratio is NA for the Trailing 12 Months (TTM) ending November 30, 2024. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Applied Digital Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending November 30, 2023 was 1.03, a 190.50% change year over year.
Applied Digital Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending November 30, 2022 was 0.35.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NasdaqGS: APLD

Applied Digital Corporation

CEO	Mr. Wesley Cummins
IPO Date	April 13, 2022
Location	United States
Headquarters	3811 Turtle Creek Boulevard
Employees	150
Sector	Technology
Industries Bitcoin & Crypto Blockchain Cloud Servers Computers Credit Cards & Payments Crypto Mining Fintech Software & Operating Systems

Description

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the performance computing industry. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation was incorporated in 2001 and is based in Dallas, Texas.

Key trends

Past 5 years