Applied Digital Corporation (APLD) Debt to Assets Ratio: 0.38%
The debt to assets ratio for Applied Digital Corporation (APLD) is 0.38% as of Thursday, June 11, 2026.
APLD Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.38%
APLD Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Applied Digital Corporation (APLD) | $11.12B | 0.38% |
| Skyworks Solutions, Inc. (SWKS) | $10.79B | 0.15% |
| Unity Software Inc. (U) | $11.64B | 0.35% |
| Dynatrace, Inc. (DT) | $11.79B | 0.04% |
| Trimble Inc. (TRMB) | $11.80B | 0.15% |
| Zebra Technologies Corporation (ZBRA) | $10.33B | 0.33% |
| HubSpot, Inc. (HUBS) | $9.58B | 0.13% |
| Juniper Networks, Inc. (JNPR) | $13.36B | 0.17% |
| DocuSign, Inc. (DOCU) | $8.49B | 0.04% |
| PTC Inc. (PTC) | $15.60B | 0.21% |
Leverage Ratios Comparison
Debt/Assets
0.4%
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:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Applied Digital Corporation Debt to Assets Ratio Formula & Definition
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
Applied Digital Corporation Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Applied Digital Corporation (APLD)?
- The debt to assets ratio for APLD stock is 0.38%.
About Applied Digital Corporation
Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors. Its business is structured around three key segments: Data Center Hosting, Cloud Services, and dedicated HPC Hosting. ADC offers essential infrastructure support to cryptocurrency mining clients. Furthermore, it delivers robust GPU computing capabilities crucial for intensive AI, machine learning, and various other HPC workloads. The company also undertakes the comprehensive design, construction, and management of data centers specifically engineered to facilitate HPC applications. Formerly known as Applied Blockchain, Inc., the company officially adopted the name Applied Digital Corporation in November 2022. Its corporate headquarters are situated in Dallas, Texas.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Wesley Cummins