Applied Digital Corporation (APLD) Interest Coverage Ratio: -4.05x
The interest coverage ratio for Applied Digital Corporation (APLD) is -4.05x as of Tuesday, June 16, 2026.
APLD Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-4.05x
APLD Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corporation (APLD) | $13.28B | -4.05x | N/A | N/A | N/A |
| PTC Inc. (PTC)vs › | $13.21B | 12.76x | 8.84x | 7.36x | 6.63x |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 3.59x | 4.73x | 6.49x | 5.92x |
| Unity Software Inc. (U)vs › | $12.44B | -17.60x | N/A | N/A | N/A |
| Tyler Technologies, Inc. (TYL)vs › | $12.22B | 71.61x | 61.05x | 34.75x | 29.56x |
| Leidos Holdings, Inc. (LDOS)vs › | $14.42B | 10.38x | 9.93x | 7.59x | 6.90x |
| Dynatrace, Inc. (DT)vs › | $12.01B | N/A | 17.61x | 13.89x | 13.89x |
| FormFactor, Inc. (FORM)vs › | $11.90B | 123.26x | 139.12x | 142.41x | 138.25x |
| Trimble Inc. (TRMB)vs › | $11.67B | 8.17x | 6.63x | 5.35x | 6.36x |
| Skyworks Solutions, Inc. (SWKS)vs › | $11.47B | 18.45x | 18.45x | 18.89x | 41.78x |
Financial Health Indicators
Interest Coverage
-4.0x
Debt/Equity
1.11
Current Ratio
0.77
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Applied Digital Corporation Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Applied Digital Corporation Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Applied Digital Corporation (APLD)?
- The interest coverage ratio for APLD stock is -4.05x.
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