jain.com

~$6.4B debt vs $2.9B cash

Company: Applied Digital

Subject kind
financing
Statement date
2026-10-12
Current status
stated

The claim, verbatim

The company carries roughly $6.4 billion of debt against $2.9 billion in cash.

Source (primary)

Applied Digital Wants to Add 600 Megawatts in a Year. Can It Pay for It? - Yahoo Finance (-, news_article)
View cached copy (2026-10-13)Live source ↗Archive.org ↗

Quote: “The company carries roughly $6.4 billion of debt against $2.9 billion in cash.”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article states the company carries roughly $6.4 billion of debt against $2.9 billion in cash.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-wants-add-600-212536484.html) in full (10,616 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Wants to Add 600 Megawatts in a Year. Can It Pay for It? - Yahoo Finance

Quote: “The company carries roughly $6.4 billion of debt against $2.9 billion in cash.”

View cached copy (2026-10-13)Live source ↗Archive.org ↗