Applied Digital Stock Current Ratio
| APLD Stock | USD 7.32 0.63 9.42% |
Applied Digital fundamentals help investors to digest information that contributes to Applied Digital's financial success or failures. It also enables traders to predict the movement of Applied Stock. The fundamental analysis module provides a way to measure Applied Digital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Applied Digital stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.49 | 0.47 |
Applied | Current Ratio |
Applied Digital Company Current Ratio Analysis
Applied Digital's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Applied Digital Current Ratio | 0.87 X |
Most of Applied Digital's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Applied Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Applied Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Applied Digital is extremely important. It helps to project a fair market value of Applied Stock properly, considering its historical fundamentals such as Current Ratio. Since Applied Digital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Applied Digital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Applied Digital's interrelated accounts and indicators.
Click cells to compare fundamentals
Applied Current Ratio Historical Pattern
Today, most investors in Applied Digital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Applied Digital's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Applied Digital current ratio as a starting point in their analysis.
Applied Digital Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Applied Digital has a Current Ratio of 0.87 times. This is 78.52% lower than that of the Software sector and 74.26% lower than that of the Information Technology industry. The current ratio for all United States stocks is 59.72% higher than that of the company.
Applied Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Applied Digital's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Applied Digital could also be used in its relative valuation, which is a method of valuing Applied Digital by comparing valuation metrics of similar companies.Applied Digital is currently under evaluation in current ratio category among its peers.
Applied Digital Current Valuation Drivers
We derive many important indicators used in calculating different scores of Applied Digital from analyzing Applied Digital's financial statements. These drivers represent accounts that assess Applied Digital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Applied Digital's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 8.6M | 275.9M | 786.6M | 482.5M | 14.8M | 14.0M | |
| Enterprise Value | (1.0M) | 250.6M | 834.8M | 906.9M | 14.8M | 14.0M |
Applied Digital ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Applied Digital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Applied Digital's managers, analysts, and investors.Environmental | Governance | Social |
Applied Fundamentals
| Return On Equity | -0.67 | ||||
| Return On Asset | -0.0883 | ||||
| Profit Margin | (0.75) % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 2.16 B | ||||
| Shares Outstanding | 222.9 M | ||||
| Shares Owned By Insiders | 21.13 % | ||||
| Shares Owned By Institutions | 66.46 % | ||||
| Number Of Shares Shorted | 56.49 M | ||||
| Price To Earning | (0.03) X | ||||
| Price To Book | 3.79 X | ||||
| Price To Sales | 8.66 X | ||||
| Revenue | 165.57 M | ||||
| Gross Profit | 5.78 M | ||||
| EBITDA | (43.38 M) | ||||
| Net Income | (149.27 M) | ||||
| Cash And Equivalents | 40.83 M | ||||
| Cash Per Share | 0.44 X | ||||
| Total Debt | 427.81 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 0.87 X | ||||
| Book Value Per Share | 0.90 X | ||||
| Cash Flow From Operations | 13.79 M | ||||
| Short Ratio | 2.87 X | ||||
| Earnings Per Share | (1.90) X | ||||
| Target Price | 11.56 | ||||
| Number Of Employees | 150 | ||||
| Beta | 4.52 | ||||
| Market Capitalization | 1.65 B | ||||
| Total Asset | 762.87 M | ||||
| Retained Earnings | (249.99 M) | ||||
| Working Capital | (355.27 M) | ||||
| Current Asset | 1.68 M | ||||
| Current Liabilities | 2.02 M | ||||
| Net Asset | 762.87 M |
About Applied Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Applied Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied Digital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Applied Digital Piotroski F Score and Applied Digital Altman Z Score analysis. For information on how to trade Applied Stock refer to our How to Trade Applied Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 | Quarterly Revenue Growth 0.671 | Return On Assets | Return On Equity |
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.