Total debt equal to 62% of market value
Company: Applied Digital
The claim, verbatim
Total debt equal to 62% of its market value
Source (primary)
Applied Digital (NASDAQ: APLD) Has $36 Billion In Contracted Leases But Key Risks Remain For Investors - foreignpolicyjournal.com (-, news_article)
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Quote: “Debt levels compound that risk, with the company's total debt equal to 62% of its market value”
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Additional evidence
confirms Applied Digital (NASDAQ: APLD) Has $36 Billion In Contracted Leases But Key Risks Remain For Investors - foreignpolicyjournal.com
Quote: “Debt levels compound that risk, with the company's total debt equal to 62% of its market value”