Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 51.36% is 74% above its 5-year average of 29.48%, near the high end of its 5-year range (1.92%–58.20%).
As of the fiscal period ended Sunday, May 31, 2026. 20.41% above its 12-month average of 42.66%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
51.36%
DEBT TO ASSETS RATIO AVG TTM
42.66%
DEBT TO ASSETS RATIO AVG 3Y
41.15%
DEBT TO ASSETS RATIO AVG 5Y
29.48%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+20.41%
CURRENT VS 3Y AVG
+24.81%
CURRENT VS 5Y AVG
+74.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+27663.37%
vs the sector median at left
Applied Digital Corp.
Market Cap
$7.81B
Debt to Assets Ratio
51.36%
TTM Avg
42.66%
3Y Avg
41.15%
5Y Avg
29.48%
Market Cap
$7.61B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.61B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.66B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corp. (APLD) | $7.81B | 51.36% | 42.66% | 41.15% | 29.48% |
| GitLab Inc. (GTLB)vs › | $7.83B | 0.00% | N/A | N/A | N/A |
| Paylocity Holding Corporation (PCTY)vs › | $7.61B | 0.03% | N/A | N/A | N/A |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.61B | 0.13% | N/A | N/A | N/A |
| AppFolio Inc. (APPF)vs › | $7.35B | 0.06% | N/A | N/A | N/A |
| UiPath Inc. (PATH)vs › | $7.22B | 0.02% | N/A | N/A | N/A |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.66B | 0.11% | N/A | N/A | N/A |
| Camtek Ltd. (CAMT)vs › | $6.94B | 0.36% | N/A | N/A | N/A |
| Cipher Mining Inc. (CIFR)vs › | $6.91B | 0.74% | N/A | N/A | N/A |
| InterDigital, Inc. (IDCC)vs › | $8.76B | 0.18% | N/A | N/A | N/A |
Debt/Assets
51.4%
Debt/Equity
2.86
Current Ratio
4.01
Interest Coverage
-8.0x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-05-31 | 51.36% |
| 2026-02-28 | 45.26% |
| 2025-11-30 | 49.89% |
| 2025-08-31 | 29.19% |
| 2025-05-31 | 37.59% |
| 2025-02-28 | 58.20% |
| 2024-11-30 | 51.80% |
| 2024-08-31 | 45.40% |
| 2024-05-31 | 17.79% |
| 2024-02-29 | 45.76% |
| 2023-11-30 | 38.19% |
| 2023-08-31 | 29.78% |
| 2023-05-31 | 34.78% |
| 2023-02-28 | 17.53% |
| 2022-11-30 | 19.58% |
| 2022-08-31 | 14.86% |
| 2022-05-31 | 11.29% |
| 2022-02-28 | 1.92% |
| 2021-11-30 | 2.24% |
| 2021-08-31 | 2.51% |
| 2021-05-31 | 14.18% |
