Applied Digital Corporation
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI,… Read more
Applied Digital Corporation (APLD) - Total Assets
Latest total assets as of November 2025: $5.23 Billion USD
Based on the latest financial reports, Applied Digital Corporation (APLD) holds total assets worth $5.23 Billion USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Applied Digital Corporation - Total Assets Trend (2002–2025)
This chart illustrates how Applied Digital Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Applied Digital Corporation - Asset Composition Analysis
Current Asset Composition (May 2025)
Applied Digital Corporation's total assets of $5.23 Billion consist of 23.0% current assets and 77.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| Accounts Receivable | $3.04 Million | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2025)
This chart illustrates how Applied Digital Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Applied Digital Corporation's current assets represent 23.0% of total assets in 2025, a decrease from 100.0% in 2002.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2025, down from 100.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Applied Digital Corporation Competitors by Total Assets
Key competitors of Applied Digital Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Applied Digital Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Applied Digital Corporation generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Applied Digital Corporation is currently not profitable relative to its asset base.
Applied Digital Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.82 | 0.77 | 4.70 |
| Quick Ratio | 4.82 | 0.77 | 4.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.15 Billion | $ -95.97 Million | $ 9.25 Million |
Applied Digital Corporation - Advanced Valuation Insights
This section examines the relationship between Applied Digital Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.28 |
| Latest Market Cap to Assets Ratio | 3.47 |
| Asset Growth Rate (YoY) | 145.1% |
| Total Assets | $1.87 Billion |
| Market Capitalization | $6.50 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Applied Digital Corporation's assets at a significant premium ( 3.47x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Applied Digital Corporation's assets grew by 145.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Applied Digital Corporation (2002–2025)
The table below shows the annual total assets of Applied Digital Corporation from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $1.87 Billion | +145.14% |
| 2024-05-31 | $762.87 Million | +189.01% |
| 2023-05-31 | $263.96 Million | +120.00% |
| 2022-05-31 | $119.98 Million | +697.10% |
| 2021-05-31 | $15.05 Million | +135.06% |
| 2020-05-31 | $6.40 Million | +406.09% |
| 2008-05-31 | $1.27 Million | -70.01% |
| 2007-05-31 | $4.22 Million | -41.05% |
| 2006-05-31 | $7.16 Million | -22.06% |
| 2005-05-31 | $9.18 Million | -14.31% |
| 2004-05-31 | $10.72 Million | +605.14% |
| 2003-05-31 | $1.52 Million | +61531.22% |
| 2002-05-31 | $2.47K | -- |