AppLovin annual debt-to-assets ratio
2020
2021
2022
2023
2024
2025
AppLovin Debt-to-Assets Ratio Growth & History (APP)
AppLovin's debt-to-assets ratio was 0.51 for fiscal 2025.
View full AppLovin company overviewAppLovin annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.51 | −0.13 | −20.14% |
| 2024 | 2024-12-31 | 0.63 | −0.03 | −4.68% |
| 2023 | 2023-12-31 | 0.66 | 0.09 | +14.79% |
| 2022 | 2022-12-31 | 0.58 | 0.03 | +5.40% |
| 2021 | 2021-12-31 | 0.55 | −0.24 | −30.42% |
| 2020 | 2020-12-31 | 0.79 | — | — |
AppLovin quarterly debt-to-assets ratio
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
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
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.43 | −0.16 | −27.85% |
| Q1 2026 | 2026-03-31 | 0.46 | −0.19 | −29.87% |
| Q4 2025 | 2025-12-31 | 0.51 | −0.13 | −20.14% |
| Q3 2025 | 2025-09-30 | 0.55 | −0.09 | −14.15% |
| Q2 2025 | 2025-06-30 | 0.59 | −0.08 | −11.75% |
| Q1 2025 | 2025-03-31 | 0.65 | −0.02 | −2.96% |
| Q4 2024 | 2024-12-31 | 0.63 | −0.03 | −4.68% |
| Q3 2024 | 2024-09-30 | 0.64 | 0.01 | +1.26% |
| Q2 2024 | 2024-06-30 | 0.67 | 0.07 | +12.07% |
| Q1 2024 | 2024-03-31 | 0.67 | 0.12 | +21.05% |
| Q4 2023 | 2023-12-31 | 0.66 | 0.09 | +14.79% |
| Q3 2023 | 2023-09-30 | 0.64 | 0.07 | +12.55% |
| Q2 2023 | 2023-06-30 | 0.60 | 0.04 | +7.28% |
| Q1 2023 | 2023-03-31 | 0.55 | 0.02 | +3.39% |
| Q4 2022 | 2022-12-31 | 0.58 | 0.03 | +5.40% |
| Q3 2022 | 2022-09-30 | 0.57 | 0.16 | +40.77% |
| Q2 2022 | 2022-06-30 | 0.56 | 0.15 | +38.65% |
| Q1 2022 | 2022-03-31 | 0.54 | −0.32 | −37.47% |
| Q4 2021 | 2021-12-31 | 0.55 | −0.24 | −30.42% |
| Q3 2021 | 2021-09-30 | 0.40 | — | — |
| Q2 2021 | 2021-06-30 | 0.40 | — | — |
| Q1 2021 | 2021-03-31 | 0.86 | — | — |
| Q4 2020 | 2020-12-31 | 0.79 | — | — |
AppLovin debt-to-assets ratio trends
Over the last five fiscal years, AppLovin's debt-to-assets ratio decreased from 0.79 to 0.51, a change of −0.28. The latest reported quarter, Q2 2026, shows 0.43.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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