Applied Digital APLD Letters of credit
Discontinued — last reported Q1 '26
Letters of credit at other companies
Other financials
Where this comes from
Reported directly by Applied Digital in its filing.
Tagged under the XBRL concept apld:RestrictedCashLineOfCredit.
The official record: Applied Digital’s 10-Q, filed October 9, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Applied Digital's letters of credit?
- Applied Digital (APLD) reported letters of credit of $37.34M in Q2 2025.
- What does letters of credit mean?
- Cash held as collateral to support credit facilities or contractual guarantees.
- How do you interpret letters of credit?
- An increase may signal higher borrowing costs or the need for more collateral to secure financing, while a decrease indicates reduced reliance on secured credit.
- How does letters of credit compare across companies?
- Standard for companies utilizing debt financing to fund large-scale infrastructure projects.