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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 48.39 |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 5.38 |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | -66.59 |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 4.40 |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | -1.48 |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 15.43 |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 9.16 |
| 10 | Applied Digital | 5.62 Bn | -2.57 Bn | 96.17 Mn | -0.81 |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();