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 45.26% is 59% above its 5-year average of 28.39%, near the high end of its 5-year range (1.92%–58.20%).
As of the fiscal period ended Saturday, February 28, 2026. 2.81% above its 12-month average of 44.02%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
45.26%
DEBT TO ASSETS RATIO AVG TTM
44.02%
DEBT TO ASSETS RATIO AVG 3Y
38.55%
DEBT TO ASSETS RATIO AVG 5Y
28.39%
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
+2.81%
CURRENT VS 3Y AVG
+17.41%
CURRENT VS 5Y AVG
+59.45%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+23722.49%
vs the sector median at left
Applied Digital Corp.
Market Cap
$7.77B
Debt to Assets Ratio
45.26%
TTM Avg
44.02%
3Y Avg
38.55%
5Y Avg
28.39%
Market Cap
$7.93B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.04B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.06B
Debt to Assets Ratio
0.15%
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) | $7.77B | 45.26% | 44.02% | 38.55% | 28.39% |
| Paycom Software, Inc. (PAYC)vs › | $7.93B | 0.02% | N/A | N/A | N/A |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.04B | 0.14% | N/A | N/A | N/A |
| FormFactor, Inc. (FORM)vs › | $8.11B | 0.04% | N/A | N/A | N/A |
| The Trade Desk, Inc. (TTD)vs › | $8.13B | 0.07% | N/A | N/A | N/A |
| Camtek Ltd. (CAMT)vs › | $6.90B | 0.41% | N/A | N/A | N/A |
| Plexus Corp. (PLXS)vs › | $6.81B | 0.06% | N/A | N/A | N/A |
| InterDigital, Inc. (IDCC)vs › | $6.68B | 0.24% | N/A | N/A | N/A |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.06B | 0.15% | N/A | N/A | N/A |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.09B | 0.00% | N/A | N/A | N/A |
Debt/Assets
45.3%
Debt/Equity
1.11
Current Ratio
0.77
Interest Coverage
-4.0x
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 |
|---|---|
| 2026-02-28 | 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% |
