Applied Digital Corporation (APLD) — 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 Applied Digital Corporation (APLD) liquidity interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Applied Digital Corporation Net Asset Quality Index Over Time (2002–2025)
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. Explore how efficiently does Applied Digital Corporation generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Applied Digital Corporation (2002–2025)
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 market capitalisation and the full company profile, see Applied Digital Corporation market cap and net worth.
| 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 | — |