Wesley Cummins - Applied Digital CEO, Chairman

APLD Stock  USD 9.41  0.51  5.73%   

Chairman

Mr. Wesley Cummins serves as Director of Flight Safety Technologies, Inc. Mr. is President of B. Riley and Co. Inc., an investment banking firm, where he oversees the firm financial advisory and capital raising services to middlemarket, publicly traded companies since 2007.
Age 47
Tenure 18 years
Address 3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219
Phone214 427 1704
Webhttps://applieddigital.com
Cummins joined B. Riley Research Department in February 2002 and was promoted to Director of Research in January 2003. During his tenure, he grew B. Riley research coverage to more than 100 companies in the following sectors: retail, semiconductors, technology hardware, software, IT services, communications, media and healthcare. While Director of Research, Mr. Cummins was ranked #1 in the 2004 Forbes.com/StarMineNorth American Analyst Survey in the Best Stock Picker category for the Communications Equipment sector. Prior to joining B. Riley, Mr. Cummins worked at Needham & Company and at Kennedy Capital Management. He holds a B.S.B.A. degree from Washington University in St. Louis.

Applied Digital Management Efficiency

The company has return on total asset (ROA) of (0.0883) % which means that it has lost $0.0883 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6686) %, meaning that it created substantial loss on money invested by shareholders. Applied Digital's management efficiency ratios could be used to measure how well Applied Digital manages its routine affairs as well as how well it operates its assets and liabilities. At present, Applied Digital's Return On Equity is projected to slightly grow based on the last few years of reporting. At present, Applied Digital's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 884.6 M, whereas Return On Tangible Assets are projected to grow to (7.65).
Applied Digital currently holds 427.81 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Applied Digital has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Applied Digital's use of debt, we should always consider it together with its cash and equity.

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Applied Blockchain, Inc. designs, develops, and operates datacenters in North America. Applied Blockchain, Inc. was incorporated in 2001 and is based in Dallas, Texas. Applied Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 55 people. Applied Digital (APLD) is traded on NASDAQ Exchange in USA. It is located in 3811 Turtle Creek Boulevard, Dallas, TX, United States, 75219 and employs 150 people. Applied Digital is listed under Application Software category by Fama And French industry classification.

Management Performance

Applied Digital Leadership Team

Elected by the shareholders, the Applied Digital's board of directors comprises two types of representatives: Applied Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Applied. The board's role is to monitor Applied Digital's management team and ensure that shareholders' interests are well served. Applied Digital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Applied Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Regina Ingel, Chief Officer
Michael Maniscalco, Ex Technology
Laura Laltrello, Chief Officer
David Rench, Chief Officer
Chris Jackson, Senior Operations
Nick Phillips, Executive Acquisitions
Saidal Mohmand, Ex Fin
Brad Barton, Executive Development
LaTascha Durden, Director Resources
Todd Gale, Chief Officer
Etienne Snyman, Executive Power
Jeff Nicholas, Ex Devel
Tom Burke, Chief Officer
Wesley Cummins, CEO, Chairman
Jason Zhang, CoFounder Director
John Browder, Director Recruiting
Erin Kraxberger, Chief Officer
Mark Chavez, General Counsel
Roland Davidson, Executive Engineering
Mohammad Mohmand, Chief Officer
Kate Reed, Chief Director

Applied Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Applied Digital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Applied Digital is a strong investment it is important to analyze Applied Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Applied Digital's future performance. For an informed investment choice regarding Applied Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied Digital. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
1.505
Quarterly Revenue Growth
0.671
Return On Assets
(0.09)
Return On Equity
(0.67)
The market value of Applied Digital is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Digital's value that differs from its market value or its book value, called intrinsic value, which is Applied Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied Digital's market value can be influenced by many factors that don't directly affect Applied Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Applied Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.