Applied Digital Corp (APLD)
3.03
+0.07
(+2.36%)
USD |
NASDAQ |
May 03, 16:00
3.02
-0.01
(-0.33%)
After-Hours: 20:00
Applied Digital Debt to Equity Ratio: 0.5215 for Feb. 29, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| February 29, 2024 | 0.5215 |
| November 30, 2023 | 0.2748 |
| August 31, 2023 | 0.3442 |
| May 31, 2023 | 1.284 |
| February 28, 2023 | 0.3898 |
| Date | Value |
|---|---|
| November 30, 2022 | 0.3228 |
| August 31, 2022 | 0.2151 |
| May 31, 2022 | 0.1001 |
| February 28, 2022 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Feb 2022
1.284
Maximum
May 2023
0.3836
Average
0.3228
Median
Nov 2022
Debt to Equity Ratio Benchmarks
| A-Mark Precious Metals Inc | 1.404 |
| Marathon Digital Holdings Inc | 0.2015 |
| Prairie Operating Co | 0.00 |
| Cipher Mining Inc | 0.00 |
| Gryphon Digital Mining Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 643.17M |
| Total Liabilities (Quarterly) | 524.68M |
| Shareholders Equity (Quarterly) | 118.49M |
| Current Ratio | 0.3027 |
| Net Debt Paydown Yield | -1.63% |