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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 - 2025)

Applied Digital (APLD) has disclosed Debt to Equity for 4 consecutive years, with $1.79 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 66.08% year-over-year to $1.79, compared with a TTM value of $1.79 through Nov 2025, up 66.08%, and an annual FY2025 reading of $1.36, up 113.93% over the prior year.
  • Debt to Equity was $1.79 for Q4 2025 at Applied Digital, up from $0.29 in the prior quarter.
  • Across five years, Debt to Equity topped out at $1.79 in Q4 2025 and bottomed at $0.12 in Q3 2024.
  • Average Debt to Equity over 4 years is $0.65, with a median of $0.29 recorded in 2025.
  • The sharpest move saw Debt to Equity crashed 57.33% in 2024, then soared 612.23% in 2025.
  • Year by year, Debt to Equity stood at $0.23 in 2022, then grew by 19.82% to $0.27 in 2023, then soared by 295.22% to $1.08 in 2024, then skyrocketed by 66.08% to $1.79 in 2025.
  • Business Quant data shows Debt to Equity for APLD at $1.79 in Q4 2025, $0.29 in Q3 2025, and $1.36 in Q2 2025.