Total Debt
$5.10B
Net Debt
$3.51B
Applied Digital Corp. currently has $5.10B in total debt. Net debt is $3.51B after cash offsets.
Financial Fundamentals
APLD • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-05-31 | 5.10 | 1.59 | 3.51 | 9.93 | 51.4% |
| 2026-02-28 | 2.83 | 1.73 | 1.10 | 6.25 | 45.3% |
| 2025-11-30 | 2.61 | 1.91 | 0.70 | 5.23 | 49.9% |
| 2025-08-31 | 0.70 | 0.07 | 0.63 | 2.40 | 29.2% |
| 2025-05-31 | 0.70 | 0.04 | 0.66 | 1.87 | 37.6% |
| 2025-02-28 | 0.99 | 0.07 | 0.92 | 1.71 | 58.2% |
| 2024-11-30 | 0.80 | 0.29 | 0.51 | 1.54 | 51.8% |
| 2024-08-31 | 0.43 | 0.06 | 0.37 | 0.94 | 45.4% |
| 2024-05-31 | 0.14 | 0.00 | 0.13 | 0.76 | 17.8% |
| 2024-02-29 | 0.29 | 0.00 | 0.29 | 0.64 | 45.8% |
| 2023-11-30 | 0.18 | 0.01 | 0.17 | 0.48 | 38.2% |
| 2023-08-31 | 0.10 | 0.01 | 0.10 | 0.35 | 29.8% |
| 2023-05-31 | 0.09 | 0.03 | 0.06 | 0.26 | 34.8% |
| 2023-02-28 | 0.04 | 0.02 | 0.01 | 0.21 | 17.5% |
| 2022-11-30 | 0.03 | 0.01 | 0.02 | 0.17 | 19.6% |
| 2022-08-31 | 0.02 | 0.03 | -0.01Net Cash | 0.15 | 14.9% |
| 2022-05-31 | 0.01 | 0.04 | -0.03Net Cash | 0.12 | 11.3% |
| 2022-02-28 | 0.00 | 0.01 | -0.01Net Cash | 0.06 | 1.9% |
| 2021-11-30 | 0.00 | 0.01 | -0.01Net Cash | 0.05 | 2.2% |
| 2021-08-31 | 0.00 | 0.03 | -0.03Net Cash | 0.05 | 2.5% |
| 2021-05-31 | 0.00 | 0.01 | -0.01Net Cash | 0.02 | 14.2% |