AppLovin (AppLovin) Debt-to-Equity : 2.53 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is AppLovin Debt-to-Equity?

AppLovin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $229 Mil. AppLovin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,949 Mil. AppLovin's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,256 Mil. AppLovin's debt to equity for the quarter that ended in Dec. 2023 was 2.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for AppLovin's Debt-to-Equity or its related term are showing as below:

APP' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.7 Med: 1.56 Max: 2.53
Current: 2.53

During the past 5 years, the highest Debt-to-Equity Ratio of AppLovin was 2.53. The lowest was -10.70. And the median was 1.56.

APP's Debt-to-Equity is ranked worse than
94.46% of 2221 companies
in the Software industry
Industry Median: 0.21 vs APP: 2.53

AppLovin Debt-to-Equity Historical Data

The historical data trend for AppLovin's Debt-to-Equity 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.

AppLovin Debt-to-Equity Chart

AppLovin Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-4.66

-10.70

1.56

1.72

2.53

AppLovin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												1.72	1.72	2.15	2.91	2.53

Competitive Comparison of AppLovin's Debt-to-Equity

For the Software - Application subindustry, AppLovin's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

AppLovin's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, AppLovin's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AppLovin's Debt-to-Equity falls into.

AppLovin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AppLovin's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(228.605	+	2948.811)	/	1256.329
	=	2.53

AppLovin's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(228.605	+	2948.811)	/	1256.329
	=	2.53

AppLovin (NAS:APP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

AppLovin Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of AppLovin's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

AppLovin (AppLovin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppLovin Corp (NAS:APP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6RV:Germany 6RV:Germany

Address

1100 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.applovin.com

AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their application.

Executives

Vasily Shikin	officer: Chief Technology Officer	1100 PAGE MILL ROAD, PALO ALTO CA 94304
Eduardo Vivas	director	1100 PAGE MILL ROAD, PALO ALTO CA 94304
Victoria Valenzuela	officer: CLO & Corp. Secretary	1100 PAGE MILL RD, PALO ALTO CA 94304-1047
Arash Adam Foroughi	director, 10 percent owner, officer: CEO & Chairperson	1100 PAGE MILL, PALO ALTO CA 94304
Katie Kihorany Jansen	officer: Chief Marketing Officer	1100 PAGE MILL RD, PALO ALTO CA 94304-1047
Dawson Alyssa Harvey	director	1100 PAGE MILL RD, PALO ALTO CA 94304-1974
Todd R Morgenfeld	director	C/O PINTEREST, INC., 651 BRANNAN STREET, SAN FRANCISCO CA 94107
Craig Scott Billings	director	C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kkr Denali Holdings L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Co. Inc.	10 percent owner	30 HUDSON YARDS, NEW YORK NY 10001
Elena Arutunian	officer: Chief Accounting Officer	1100 PAGE MILL RD, PALO ALTO CA 94304-1047
Angel Pride Holdings Ltd	10 percent owner	ROOM 710, 7/F, WING ON HOUSE, NO. 71 DES VOREX ROAD CENTRAL, HONG KONG F4 0000
Andrew Karam	10 percent owner	1100 PAGE MILL RD, PALO ALTO CA 94304-1047
John Krystynak	10 percent owner	1100 PAGE MILL RD, PALO ALTO CA 94304-1047