Applied Digital Corporation Net Asset Quality Index

Latest as of February 2026: 41.1%

Applied Digital Corporation net asset quality index. Applied Digital Corporation (APLD) has a Net Asset Quality Index of 41.1% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $6.25 Billion minus total liabilities of $3.68 Billion yields net assets of $2.57 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See APLD total equity for net asset value and shareholders' equity analysis.

Quality Index

41.1%
Equity / Total Assets

Net Assets

$2.57 Billion
USD

Total Assets

$6.25 Billion
USD

Total Liabilities

$3.68 Billion
USD

Net Asset Quality Index of Applied Digital Corporation (2002–2025)

Net asset quality index of Applied Digital Corporation from 2002 to 2025. This chart shows how Applied Digital Corporation's Net Asset Quality Index has evolved across 13 annual periods from 2002 to 2025. As of February 2026, the index stands at 41.1%, representing net assets of $2.57 Billion against total assets of $6.25 Billion USD. Check how strategically is Applied Digital Corporation's equity deployed to assess the company's strategic physical and investment asset allocation.

Applied Digital Corporation Net Asset Quality Index by Year (2002–2025)

Applied Digital Corporation net asset quality index by year from 2002 to 2025. The table below presents the year-by-year Net Asset Quality Index for Applied Digital Corporation from 2002 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of Applied Digital Corporation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 33.9% $633.73 Million $1.87 Billion $1.24 Billion ▲ +17.5 pp
2024 16.4% $124.83 Million $762.87 Million $638.04 Million ▼ -10.0 pp
2023 26.4% $69.68 Million $263.96 Million $194.28 Million ▼ -39.6 pp
2022 66.0% $79.23 Million $119.98 Million $40.74 Million ▲ +83.2 pp
2021 -17.2% $-2.58 Million $15.05 Million $17.64 Million ▼ -85.7 pp
2020 68.5% $4.39 Million $6.40 Million $2.02 Million ▲ +6.3 pp
2008 62.3% $787.96K $1.27 Million $477.31K ▼ -23.7 pp
2007 86.0% $3.63 Million $4.22 Million $592.74K ▼ -2.4 pp
2006 88.4% $6.33 Million $7.16 Million $831.97K ▼ -3.2 pp
2005 91.6% $8.41 Million $9.18 Million $769.65K ▼ -1.3 pp
2004 92.9% $9.96 Million $10.72 Million $757.17K ▲ +17.4 pp
2003 75.5% $1.15 Million $1.52 Million $372.49K ▲ +178.2 pp
2002 -102.8% $-2.53K $2.47K $5.00K —
pp = percentage points