GDS Holdings (GDS Holdings) Cash And Cash Equivalents : $1,080 Mil (As of Dec. 2023)

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What is GDS Holdings Cash And Cash Equivalents?

GDS Holdings's quarterly cash and cash equivalents declined from Jun. 2023 ($1,142.90 Mil) to Sep. 2023 ($1,031.10 Mil) but then increased from Sep. 2023 ($1,031.10 Mil) to Dec. 2023 ($1,079.90 Mil).

GDS Holdings's annual cash and cash equivalents declined from Dec. 2021 ($1,565.02 Mil) to Dec. 2022 ($1,234.73 Mil) and declined from Dec. 2022 ($1,234.73 Mil) to Dec. 2023 ($1,079.90 Mil).

GDS Holdings Cash And Cash Equivalents Historical Data

The historical data trend for GDS Holdings's Cash And Cash Equivalents 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.

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GDS Holdings Cash And Cash Equivalents Chart

GDS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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828.51

2,486.42

1,565.02

1,234.73

1,079.90

GDS Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,234.73	1,486.21	1,142.90	1,031.10	1,079.90

GDS Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

GDS Holdings (NAS:GDS) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

GDS Holdings Cash And Cash Equivalents Related Terms

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GDS Holdings (GDS Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GDS Holdings Ltd (NAS:GDS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

GDS:Mexico 09698:Hong Kong G40:Germany G1DS34:Brazil

Address

No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137

Website

https://www.gds-services.com

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. It has aggressively raised capital over the past four years for expansion. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia. GDS listed on the NASDAQ in 2016 and completed a secondary listing in Hong Kong in 2020.