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AppLovin Corporation (APP)
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AppLovin Corporation (APP) Interest Coverage Ratio: 20.06x

The interest coverage ratio for AppLovin Corporation (APP) is 20.06x as of Tuesday, June 23, 2026.

APP Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

20.06x

APP Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
AppLovin Corporation (APP)$157.69B20.06xN/AN/AN/A
Uber Technologies, Inc. (UBER)vs ›$145.40B12.65x9.00x6.58x6.58x
CrowdStrike Holdings, Inc. (CRWD)vs ›$171.94B-10.47xN/AN/AN/A
SAP SE (SAP)vs ›$174.21B7.27x5.89x4.72x7.37x
Shopify Inc. (SHOP)vs ›$140.12BN/A43.52x43.52x43.52x
Salesforce, Inc. (CRM)vs ›$122.95B27.52x27.00x19.20x12.74x
Palo Alto Networks, Inc. (PANW)vs ›$195.18B414.30x248.35x170.31x170.31x
Amphenol Corporation (APH)vs ›$204.17B16.24x15.69x17.57x17.24x
Cadence Design Systems, Inc. (CDNS)vs ›$107.30B14.16x15.96x28.33x31.72x
Fortinet, Inc. (FTNT)vs ›$106.52B103.58x96.88x76.68x70.07x

Financial Health Indicators

Interest Coverage

20.1x

Debt/Equity

1.66

Current Ratio

3.32

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.

AppLovin 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

AppLovin Corporation Interest Coverage Ratio FAQ

What is the interest coverage ratio for AppLovin Corporation (APP)?
The interest coverage ratio for APP stock is 20.06x.

About AppLovin Corporation

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.

Palo Alto, CA
876 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Adam Arash Foroughi