Applied Digital Corp. Quarterly Debt-to-equity in % from Q4 2022 to Q1 2024

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
Applied Digital Corp. quarterly Debt-to-equity history and growth rate from Q4 2022 to Q1 2024.
  • Applied Digital Corp. Debt-to-equity for the quarter ending February 29, 2024 was 274 %, a 113% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q1 2024 274 +145 +113% Feb 29, 2024
Q4 2023 217 +99.7 +84.9% Nov 30, 2023
Q3 2023 208 Aug 31, 2023
Q2 2023 196 May 31, 2023
Q1 2023 129 Feb 28, 2023
Q4 2022 117 Nov 30, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.