GDS Holdings Balance Sheet Health
Financial Health criteria checks 3/6
GDS Holdings has a total shareholder equity of CN¥23.7B and total debt of CN¥34.8B, which brings its debt-to-equity ratio to 147.1%. Its total assets and total liabilities are CN¥73.6B and CN¥50.0B respectively. GDS Holdings's EBIT is CN¥1.1B making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥7.9B.
Key information
147.1%
Debt to equity ratio
CN¥34.82b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥7.87b |
| Equity | CN¥23.67b |
| Total liabilities | CN¥49.98b |
| Total assets | CN¥73.65b |
Recent financial health updates
GDS Holdings (NASDAQ:GDS) Seems To Be Using A Lot Of Debt
Jan 23
These 4 Measures Indicate That GDS Holdings (NASDAQ:GDS) Is Using Debt In A Risky Way
Oct 21Recent updates
GDS Holdings' (NASDAQ:GDS) Returns Have Hit A Wall
Apr 08GDS Holdings Limited's (NASDAQ:GDS) Stock Retreats 30% But Revenues Haven't Escaped The Attention Of Investors
Mar 21GDS Holdings: Capped International Expansion Due To High Financial Leverage
Mar 12GDS Holdings: AI Boom Fuels Rally, But Monetization Risks Remain (Rating Upgrade)
Feb 24GDS Holdings (NASDAQ:GDS) Seems To Be Using A Lot Of Debt
Jan 23GDS Holdings Limited (NASDAQ:GDS) Stock Rockets 28% But Many Are Still Ignoring The Company
Jan 08
Surging AI Demand And Global Expansion Will Boost The Company's Earnings Growth
Dec 23 Surge in AI demand and strategic positioning in Tier 1 markets are driving growth and enhancing future revenue prospects through hyperscale campuses.Some Investors May Be Worried About GDS Holdings' (NASDAQ:GDS) Returns On Capital
Dec 16GDS Holdings: From AI Darling To Cash-Burning Nomad
Nov 20These 4 Measures Indicate That GDS Holdings (NASDAQ:GDS) Is Using Debt In A Risky Way
Oct 21GDS Holdings Limited's (NASDAQ:GDS) P/S Is Still On The Mark Following 31% Share Price Bounce
Oct 02Some Investors May Be Worried About GDS Holdings' (NASDAQ:GDS) Returns On Capital
Sep 10GDS Holdings: Multiple Positives (Rating Upgrade)
Aug 22Market Still Lacking Some Conviction On GDS Holdings Limited (NASDAQ:GDS)
Aug 15GDS Holdings: A Datacenter Play That Hasn't Been Overbought... Yet
Jun 13Is GDS Holdings Limited (NASDAQ:GDS) Trading At A 48% Discount?
Jun 11GDS: Eyes On Domestic And International Businesses
May 25Returns On Capital At GDS Holdings (NASDAQ:GDS) Have Stalled
May 21GDS Preparing To Spin Off Its Global Business?
Mar 12GDS: Fundraising And Q4 Results Preview
Feb 20GDS Holdings: Best-In-Class Operator Trading At A Discount
Sep 06GDS Holdings Q2 2022 Earnings Preview
Aug 22Financial Position Analysis
Short Term Liabilities: GDS's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: GDS's short term assets (CN¥11.6B) do not cover its long term liabilities (CN¥40.9B).
Debt to Equity History and Analysis
Debt Level: GDS's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: GDS's debt to equity ratio has increased from 99.2% to 147.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GDS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GDS has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 2.7% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/01 14:26 |
| End of Day Share Price | 2025/04/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
GDS Holdings Limited is covered by 36 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Crossett | Berenberg |
| Huiqun Li | BofA Global Research |
| Shuyun Che | China International Capital Corporation Limited |