Applied Digital Corporation (APLD) — Cash Flow-to-Debt Ratio
Applied Digital Corporation (APLD) has a Cash Flow-to-Debt Ratio of 0.03x as of February 2026, meaning its operating cash flow of $97.87 Million could theoretically repay 0% of its total liabilities ($3.68 Billion) in one year. See Applied Digital Corporation (APLD) flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Applied Digital Corporation Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Applied Digital Corporation across 13 annual periods. For the full cash flow conversion analysis, see Applied Digital Corporation (APLD) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Applied Digital Corporation (2002–2025)
Year-by-year debt coverage analysis for Applied Digital Corporation. Check Applied Digital Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.09x | $-115.40 Million | $1.24 Billion | ▼ -531.7% |
| 2024 | 0.02x | $13.79 Million | $638.04 Million | ▼ -92.8% |
| 2023 | 0.30x | $58.73 Million | $194.28 Million | ▲ +1512.6% |
| 2022 | -0.02x | $-872.00K | $40.74 Million | ▼ -354.7% |
| 2021 | 0.00x | $-83.00K | $17.64 Million | ▲ +88.6% |
| 2020 | -0.04x | $-83.00K | $2.02 Million | ▲ +99.2% |
| 2008 | -4.90x | $-2.34 Million | $477.31K | ▼ -6.5% |
| 2007 | -4.60x | $-2.73 Million | $592.74K | ▼ -129.9% |
| 2006 | -2.00x | $-1.66 Million | $831.97K | ▼ -9.9% |
| 2005 | -1.82x | $-1.40 Million | $769.65K | ▼ -239.2% |
| 2004 | -0.54x | $-406.46K | $757.17K | ▲ +76.7% |
| 2003 | -2.30x | $-857.36K | $372.49K | ▲ +97.8% |
| 2002 | -105.63x | $-528.17K | $5.00K | — |