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Applied Digital Corporation (APLD)
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Applied Digital Corporation (APLD) Quick Ratio (Acid-Test): 0.77

Is Applied Digital Corporation’s quick ratio (acid-test) high or low?

Applied Digital Corporation's quick ratio (acid-test) of 0.77 is 52% below its 4-year average of 1.60, near the low end of its 4-year range (0.40–4.70).

As of Sunday, June 14, 2026. 2.67% above its 12-month average of 0.75.

APLD Quick Ratio (Acid-Test) Chart

APLD Quick Ratio (Acid-Test)
0.77+5.48% 1Y
Zoom
0.730.740.750.760.77May 24May 25

APLD Average Quick Ratio (Acid-Test) Chart

APLD Current vs Average Quick Ratio (Acid-Test) Chart

APLD Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.77

QUICK RATIO (ACID-TEST) AVG TTM

0.75

QUICK RATIO (ACID-TEST) AVG 3Y

0.82

QUICK RATIO (ACID-TEST) AVG 5Y

N/A

QUICK RATIO (ACID-TEST) AVG 10Y

N/A

QUICK RATIO (ACID-TEST) AVG 15Y

N/A

QUICK RATIO (ACID-TEST) AVG 20Y

N/A

CURRENT VS TTM AVG

+2.67%

CURRENT VS 3Y AVG

-6.38%

CURRENT VS 5Y AVG

N/A

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

APLD Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Applied Digital Corporation (APLD)$12.20B0.770.750.82N/A
Unity Software Inc. (U)vs ›$11.89B1.842.172.322.81
Dynatrace, Inc. (DT)vs ›$11.88B1.351.381.281.21
Trimble Inc. (TRMB)vs ›$11.75B0.961.061.000.93
PTC Inc. (PTC)vs ›$13.13B1.120.951.001.10
Skyworks Solutions, Inc. (SWKS)vs ›$11.13B1.761.762.722.56
Juniper Networks, Inc. (JNPR)vs ›$13.36B1.141.251.341.47
Zebra Technologies Corporation (ZBRA)vs ›$10.88B0.580.800.650.61
FormFactor, Inc. (FORM)vs ›$10.85B3.603.713.323.10
HubSpot, Inc. (HUBS)vs ›$9.63B1.521.591.872.18

Liquidity Comparison

Quick Ratio

0.77

Excludes inventory

Current Ratio

0.77

Includes inventory

Applied Digital Corporation Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Applied Digital Corporation Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Applied Digital Corporation (APLD)?
The quick ratio (acid-test) for APLD stock is 0.77.
Is Applied Digital Corporation's quick ratio (acid-test) high or low?
Applied Digital Corporation's quick ratio (acid-test) of 0.77 is 52% below its 4-year average of 1.60, near the low end of its 4-year range (0.40–4.70).
What is the TTM average quick ratio (acid-test) for Applied Digital Corporation (APLD)?
The TTM average quick ratio (acid-test) for APLD stock is 0.75.
What is the 3Y average quick ratio (acid-test) for Applied Digital Corporation (APLD)?
The 3Y average quick ratio (acid-test) for APLD stock is 0.82.

Applied Digital Corporation Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-05-310.77
2024-05-310.73
2023-05-310.40
2022-05-311.39
2021-05-314.70

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.

Dallas, TX
150 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Wesley Cummins