Applied Digital Corp (APLD)
6.10
+0.13
(+2.18%)
USD |
NASDAQ |
Nov 05, 11:29
Applied Digital Debt to Equity Ratio: 0.5937 for Aug. 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| August 31, 2024 | 0.5937 |
| May 31, 2024 | 1.004 |
| February 29, 2024 | 0.5215 |
| November 30, 2023 | 0.2748 |
| August 31, 2023 | 0.3442 |
| May 31, 2023 | 1.284 |
| Date | Value |
|---|---|
| February 28, 2023 | 0.3898 |
| 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
0.4592
Average
0.3442
Median
Aug 2023
Debt to Equity Ratio Benchmarks
| CSP Inc | 0.0172 |
| WidePoint Corp | 0.00 |
| Intellinetics Inc | 0.1971 |
| Data Storage Corp | 0.00 |
| Signing Day Sports Inc | -0.9414 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 937.73M |
| Total Liabilities (Quarterly) | 695.89M |
| Shareholders Equity (Quarterly) | 241.85M |
| Current Ratio | 0.2175 |
| Net Debt Paydown Yield | -2.34% |