Applied Digital Corp. Quarterly Current Ratio in % from Q4 2022 to Q1 2024

Taxonomy & unit
ratio: %
Description
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Summary
Applied Digital Corp. quarterly Current Ratio history and growth rate from Q4 2022 to Q1 2024.
  • Applied Digital Corp. Current Ratio for the quarter ending February 29, 2024 was 27 %, a 45.8% decline year-over-year.
Current Ratio, Quarterly (%)
Current Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q1 2024 27 -22.8 -45.8% Feb 29, 2024
Q4 2023 24.2 -47.3 -66.1% Nov 30, 2023
Q3 2023 27.9 Aug 31, 2023
Q2 2023 38.8 May 31, 2023
Q1 2023 49.9 Feb 28, 2023
Q4 2022 71.6 Nov 30, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.