Applied Digital Corporation

NasdaqGS:APLD Stock Report

Market Cap: US$409.9m

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 ration/a
CashUS$4.44m
EquityUS$118.49m
Total liabilitiesUS$524.68m
Total assetsUS$643.17m

Recent financial health updates

Recent updates

Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Apr 25
Applied Digital Corporation's (NASDAQ:APLD) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook

Apr 16
Time To Worry? Analysts Just Downgraded Their Applied Digital Corporation (NASDAQ:APLD) Outlook

Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates

Apr 14
Applied Digital Corporation (NASDAQ:APLD) Just Reported And Analysts Have Been Cutting Their Estimates

Applied Digital: A Growing List Of Challenges

Apr 12

These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts

Jan 21
These Analysts Just Made An Downgrade To Their Applied Digital Corporation (NASDAQ:APLD) EPS Forecasts

Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts

Jan 19
Earnings Miss: Applied Digital Corporation Missed EPS And Analysts Are Revising Their Forecasts

Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?

Jun 12
Does Applied Digital (NASDAQ:APLD) Have A Healthy Balance Sheet?

Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?

Feb 25
Would Applied Digital (NASDAQ:APLD) Be Better Off With Less Debt?

Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?

Nov 17
Is Applied Blockchain (NASDAQ:APLD) Using Too Much Debt?

Applied Blockchain GAAP EPS of -$0.05 misses by $0.01, revenue of $6.92M beats by $0.28M

Oct 11

Applied Blockchain files for registration of ~48.3M shares

Sep 19

Applied Blockchain: Catalysts And Improving Valuation

Sep 08

Applied Blockchain proposes name change to Applied Digital

Aug 25

Applied Blockchain expects higher FQ4 projected revenue

Jul 18

Applied Blockchain: Intriguing Model But Overvalued

Jun 16

Financial 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.


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