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Applied Digital (Applied Digital) Market Cap : $629.1 Mil (As of Jun. 10, 2024)


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What is Applied Digital Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Applied Digital's share price for the quarter that ended in Feb. 2024 was $4.15. Applied Digital's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 122.4 Mil. Therefore, Applied Digital's market cap for the quarter that ended in Feb. 2024 was $508.0 Mil.

Applied Digital's quarterly market cap declined from Aug. 2023 ($639.3 Mil) to Nov. 2023 ($549.8 Mil) and declined from Nov. 2023 ($549.8 Mil) to Feb. 2024 ($508.0 Mil).

Applied Digital's annual market cap increased from May. 2021 ($8.3 Mil) to May. 2022 ($472.6 Mil) and increased from May. 2022 ($472.6 Mil) to May. 2023 ($802.9 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Applied Digital's Enterprise Value for Today is $909.4 Mil.


Applied Digital Market Cap Historical Data

The historical data trend for Applied Digital's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Applied Digital Market Cap Chart

Applied Digital Annual Data
Trend May03 May04 May05 May06 May07 May08 May20 May21 May22 May23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.28 0.06 8.31 472.56 802.90

Applied Digital Quarterly Data
May08 Aug08 Nov08 Feb09 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 250.34 802.90 639.33 549.81 508.03

Competitive Comparison of Applied Digital's Market Cap

For the Capital Markets subindustry, Applied Digital's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Applied Digital's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Applied Digital's Market Cap distribution charts can be found below:

* The bar in red indicates where Applied Digital's Market Cap falls into.



Applied Digital Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Applied Digital's Market Cap for the fiscal year that ended in May. 2023 is calculated as

Market Cap (A: May. 2023 )=Share Price (A: May. 2023 )*Shares Outstanding (EOP) (A: May. 2023 )
=$8.37*95.9256
=$802.9

Applied Digital's Market Cap for the quarter that ended in Feb. 2024 is calculated as

Market Cap (Q: Feb. 2024 )=Share Price (Q: Feb. 2024 )*Shares Outstanding (EOP) (Q: Feb. 2024 )
=$4.15*122.418
=$508.0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Applied Digital  (NAS:APLD) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Applied Digital Market Cap Related Terms

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Applied Digital (Applied Digital) Business Description

Traded in Other Exchanges
N/A
Address
3811 Turtle Creek Boulevard, Suite 2100, Dallas, TX, USA, 75219
Applied Digital Corp designs, develops and operates next-generation datacenters across North America to provide digital infrastructure solutions to the rapidly growing high performance computing industry.
Executives
Virginia Moore director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN,INC., DALLAS TX 75219
Richard N Nottenburg director 1303 EAST ALGONQUIN ROAD, SCHAUMBURG IL 60196
Michael Maniscalco officer: Chief Technology Officer 3811 TURTLE CREEK BOULEVARD, SUITE 2100, DALLAS TX 75219
Wes Cummins director, 10 percent owner, officer: CEO & Chairman 4505 LORRAINE AVE, DALLAS TX 75205
David Rench officer: Chief Financial Officer 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Regina Ingel officer: EVP - Operations 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Chuck Hastings director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Douglas S Miller director C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Jason Zhang director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Kelli Mcdonald director 3811 TURTLE CREEK BOULEVARD, SUITE 2100, C/O APPLIED BLOCKCHAIN, INC., DALLAS TX 75219
Richard S Rosenfeld officer: CFO 105 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
James A Schwartz director 28 COTTRELL STREET, MYSTIC CT 06355
Riley Investment Partners Master Fund, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 810, LOS ANGELES CA 90025
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Frank L Rees director, officer: Executive Vice-President

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