GDS Holdings (BSP:G1DS34) Debt-to-Equity : 2.19 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is GDS Holdings Debt-to-Equity?

GDS Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R$2,169 Mil. GDS Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R$30,202 Mil. GDS Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R$14,800 Mil. GDS Holdings's debt to equity for the quarter that ended in Sep. 2023 was 2.19.

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 GDS Holdings's Debt-to-Equity or its related term are showing as below:

BSP:G1DS34' s Debt-to-Equity Range Over the Past 10 Years
Min: -73.63 Med: 1.7 Max: 2.32
Current: 2.19

During the past 9 years, the highest Debt-to-Equity Ratio of GDS Holdings was 2.32. The lowest was -73.63. And the median was 1.70.

BSP:G1DS34's Debt-to-Equity is ranked worse than
93.83% of 2221 companies
in the Software industry
Industry Median: 0.21 vs BSP:G1DS34: 2.19

GDS Holdings Debt-to-Equity Historical Data

The historical data trend for GDS Holdings'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.

GDS Holdings Debt-to-Equity Chart

GDS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

2.32

1.65

0.96

1.54

1.94

GDS Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.89	1.94	2.14	2.15	2.19

Competitive Comparison of GDS Holdings's Debt-to-Equity

For the Information Technology Services subindustry, GDS Holdings'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.

GDS Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

GDS Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GDS Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(4768.162	+	28851.916)	/	17320.684
	=	1.94

GDS Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2168.515	+	30201.949)	/	14799.908
	=	2.19

GDS Holdings (BSP:G1DS34) 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.

GDS Holdings Debt-to-Equity Related Terms

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

GDS Holdings (BSP:G1DS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GDS Holdings Ltd (BSP:G1DS34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GDS:USA GDS:Mexico 09698:Hong Kong G401:Germany G401:Germany G40:Germany G40:Germany

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.

GDS Holdings (BSP:G1DS34) Headlines

No Headlines