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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Applied Digital (APLD) Debt to Equity (2022 - 2026)

Applied Digital filings provide 5 years of Debt to Equity readings, the most recent being $1.64 for Q1 2026.

  • On a quarterly basis, Debt to Equity rose 9.87% to $1.64 in Q1 2026 year-over-year; TTM through Feb 2026 was $1.64, a 9.87% increase, with the full-year FY2025 number at $1.36, up 113.93% from a year prior.
  • Debt to Equity hit $1.64 in Q1 2026 for Applied Digital, down from $1.79 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.79 in Q4 2025 to a low of $0.12 in Q3 2024.
  • Median Debt to Equity over the past 5 years was $0.48 (2023), compared with a mean of $0.74.
  • Biggest five-year swings in Debt to Equity: tumbled 52.08% in 2024 and later soared 1079.7% in 2025.
  • Applied Digital's Debt to Equity stood at $0.23 in 2022, then soared by 109.54% to $0.48 in 2023, then skyrocketed by 125.99% to $1.08 in 2024, then skyrocketed by 66.08% to $1.79 in 2025, then dropped by 8.3% to $1.64 in 2026.
  • The last three reported values for Debt to Equity were $1.64 (Q1 2026), $1.79 (Q4 2025), and $0.29 (Q3 2025) per Business Quant data.