Applied Digital Balance Sheet Health
Financial Health criteria checks 2/6
Applied Digital has a total shareholder equity of $118.5M and total debt of $61.8M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are $643.2M and $524.7M respectively.
Key information
52.1%
Debt to equity ratio
US$61.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.44m |
| Equity | US$118.49m |
| Total liabilities | US$524.68m |
| Total assets | US$643.17m |
Recent financial health updates
Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?
Jun 12
Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?
Feb 25Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?
Nov 17Recent updates
Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors
Apr 25Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook
Apr 16Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates
Apr 14Applied Digital: A Growing List Of Challenges
Apr 12These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts
Jan 21Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts
Jan 19Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?
Jun 12Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?
Feb 25Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?
Nov 17Applied Blockchain GAAP EPS of -$0.05 misses by $0.01, revenue of $6.92M beats by $0.28M
Oct 11Applied Blockchain files for registration of ~48.3M shares
Sep 19Applied Blockchain: Catalysts And Improving Valuation
Sep 08Applied Blockchain proposes name change to Applied Digital
Aug 25Applied Blockchain expects higher FQ4 projected revenue
Jul 18Applied Blockchain: Intriguing Model But Overvalued
Jun 16Financial Position Analysis
Short Term Liabilities: APLD's short term assets ($105.7M) do not cover its short term liabilities ($349.2M).
Long Term Liabilities: APLD's short term assets ($105.7M) do not cover its long term liabilities ($175.5M).
Debt to Equity History and Analysis
Debt Level: APLD's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: Insufficient data to determine if APLD's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: APLD has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: APLD is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.