Applied Digital (APLD) Interest Coverage Ratio (2021 - 2026)
Applied Digital's (APLD) Interest Coverage Ratio stood at -0.81 in fiscal Q1 2027 (quarter ended Aug 31, 2026), compared with -1.22 a year earlier.
Applied Digital (APLD) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
On a TTM basis, Applied Digital's Interest Coverage Ratio came in at -3.13 as of Aug 31, 2026; for FY2026 (ended May 31, 2026), it came in at -8.01.
- Across earlier fiscal years, Interest Coverage Ratio came in at -2.25 in FY2025, -3.57 in FY2024, -21.39 in FY2023 and -186.59 in FY2022.
- The fiscal Q1 2027 figure is the highest quarterly Interest Coverage Ratio since fiscal Q1 2025.
- Per Business Quant, the preceding three fiscal quarters came in at -11.74 (Q4 2026), -35.89 (Q3 2026) and -2.70 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,946.32 Bn | 3,869.48 Bn | 60.48 Bn | 48.39 |
| 2 | International Business Machines | 226.86 Bn | 177.67 Bn | 9.91 Bn | 5.38 |
| 3 | Cloudflare | 104.60 Bn | 88.12 Bn | 499.52 Mn | -66.59 |
| 4 | Equinix | 97.25 Bn | 85.81 Bn | 1.40 Bn | 4.40 |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | -1.48 |
| 6 | CoreWeave | 34.75 Bn | 21.84 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.88 Bn | 25.09 Bn | 384.60 Mn | 15.43 |
| 8 | Nutanix | 18.21 Bn | 9.90 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.25 Bn | 9.83 Bn | 828.20 Mn | 9.16 |
| 10 | Applied Digital | 5.75 Bn | -2.44 Bn | 96.17 Mn | -0.81 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -0.81 |
| May 31, 2026 | -11.74 |
| Feb 28, 2026 | -35.89 |
| Nov 30, 2025 | -2.70 |
| Aug 31, 2025 | -1.22 |
| May 31, 2025 | -5.22 |
| Feb 28, 2025 | -2.13 |
| Nov 30, 2024 | -4.37 |
| Aug 31, 2024 | 8.55 |
| May 31, 2024 | -1.53 |
| Feb 29, 2024 | -11.63 |
| Nov 30, 2023 | -3.02 |
| Aug 31, 2023 | -3.45 |
| May 31, 2023 | -5.33 |
| Feb 28, 2023 | -19.86 |
| Nov 30, 2022 | -73.35 |
| Aug 31, 2022 | -11.73 |
| May 31, 2022 | -38.09 |
| May 31, 2021 | -25.54 |
Applied Digital Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=APLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "APLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=APLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();