Debt of ~$6.4B at end of August
Company: Applied Digital
The claim, verbatim
Applied Digital ended August with approximately $6.4 billion in debt versus $3.7 billion in cash, equivalents and restricted cash.
Source (primary)
Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Zacks Investment Research (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “It ended August with approximately $6.4 billion in debt versus $3.7 billion in cash, equivalents and restricted cash.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The Zacks article states both the debt and the cash figures as of the end of August.
Confirmed in the source:
- Applied Digital ended August with approximately $6.4 billion in debt
- Applied Digital ended August with $3.7 billion in cash, equivalents and restricted cash
What we did: Read our cached copy of the publisher (https://www.zacks.com/stock/news/3026563/applied-digital-slides-37-ytd-time-to-exit-or-hold-the-stock) in full (17,860 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Zacks Investment Research
Quote: “It ended August with approximately $6.4 billion in debt versus $3.7 billion in cash, equivalents and restricted cash.”