Applied Digital Corporation (APLD) - Total Assets
Based on the latest financial reports, Applied Digital Corporation (APLD) holds total assets worth $6.25 Billion USD as of February 2026. 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. Check APLD capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
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 Applied Digital Corporation (APLD) long-term investment share to see how much of total assets are deployed in long-term investments.
Applied Digital Corporation - Asset Composition Analysis
Current Asset Composition (May 2025)
Applied Digital Corporation's total assets of $6.25 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. For live market cap, price, and company overview, see market value of Applied Digital Corporation.
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 |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
China | CN¥11.39 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
China | CN¥1.10 Billion |
|
Guangdong Weide Information Technology Co. Ltd. A
SHG:688171
|
China | CN¥968.34 Million |
|
Malam Team
TA:MLTM
|
Israel | ILA2.68 Billion |
|
DB INC
KO:012030
|
Korea | ₩932.35 Billion |
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 | 2.38 | 0.70 | 4.70 |
| Quick Ratio | 2.38 | 0.70 | 4.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.41 Billion | $-119.32 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 | 4.74 |
| Latest Market Cap to Assets Ratio | 3.91 |
| Asset Growth Rate (YoY) | 145.1% |
| Total Assets | $1.87 Billion |
| Market Capitalization | $7.31 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Applied Digital Corporation's assets at a significant premium (3.91x), 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 | -- |
About 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