Applied Digital annual current ratio
2021
2022
2023
2024
2025
2026
Applied Digital Current Ratio Growth & History (APLD)
Applied Digital's current ratio was 4.01 for fiscal 2026.
View full Applied Digital company overviewApplied Digital annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 4.01 | 3.74 | +1408.90% |
| 2025 | 2025-05-31 | 0.27 | −0.46 | −63.56% |
| 2024 | 2024-05-31 | 0.73 | 0.33 | +84.40% |
| 2023 | 2023-05-31 | 0.40 | −1.00 | −71.58% |
| 2022 | 2022-05-31 | 1.39 | −3.31 | −70.40% |
| 2021 | 2021-05-31 | 4.70 | — | — |
Applied Digital quarterly current ratio
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 4.01 | 3.74 | +1408.90% |
| Q3 2026 | 2026-02-28 | 2.38 | 1.69 | +241.88% |
| Q2 2026 | 2025-11-30 | 4.82 | 4.05 | +523.25% |
| Q1 2026 | 2025-08-31 | 0.65 | 0.43 | +199.36% |
| Q4 2025 | 2025-05-31 | 0.27 | −0.46 | −63.56% |
| Q3 2025 | 2025-02-28 | 0.70 | 0.39 | +130.18% |
| Q2 2025 | 2024-11-30 | 0.77 | 0.59 | +329.67% |
| Q1 2025 | 2024-08-31 | 0.22 | −0.00 | −1.65% |
| Q4 2024 | 2024-05-31 | 0.73 | 0.33 | +84.40% |
| Q3 2024 | 2024-02-29 | 0.30 | 0.08 | +34.79% |
| Q2 2024 | 2023-11-30 | 0.18 | −0.12 | −39.05% |
| Q1 2024 | 2023-08-31 | 0.22 | −0.65 | −74.60% |
| Q4 2023 | 2023-05-31 | 0.40 | −1.00 | −71.58% |
| Q3 2023 | 2023-02-28 | 0.22 | −0.59 | −72.55% |
| Q2 2023 | 2022-11-30 | 0.30 | — | — |
| Q1 2023 | 2022-08-31 | 0.87 | — | — |
| Q4 2022 | 2022-05-31 | 1.39 | −3.31 | −70.40% |
| Q3 2022 | 2022-02-28 | 0.82 | — | — |
| Q4 2021 | 2021-05-31 | 4.70 | — | — |
Applied Digital current ratio trends
Over the last five fiscal years, Applied Digital's current ratio decreased from 4.70 to 4.01, a change of −0.69. The latest reported quarter, Q4 2026, shows 4.01.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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