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GDS Holdings Ltd (GDS)
NASDAQ:GDS
US Market

GDS Holdings (GDS) Ratios

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GDS Holdings Ratios

GDS's free cash flow for Q3 2025 was ¥0.22. For the 2025 fiscal year, GDS's free cash flow was decreased by ¥ and operating cash flow was ¥0.13. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
2.00 1.32 1.13 1.07 2.40
Quick Ratio
2.00 1.32 1.13 0.91 2.36
Cash Ratio
1.46 0.93 0.81 0.74 2.13
Solvency Ratio
0.15 -0.01 0.04 0.03 0.03
Operating Cash Flow Ratio
0.36 0.25 0.27 0.09 0.04
Short-Term Operating Cash Flow Coverage
0.84 0.73 0.50 0.20 0.15
Net Current Asset Value
¥ -35.67B¥ -43.34B¥ -38.68B¥ -32.64B¥ -13.37B
Leverage Ratios
Debt-to-Assets Ratio
0.60 0.64 0.60 0.53 0.43
Debt-to-Equity Ratio
1.88 2.40 1.86 1.54 0.96
Debt-to-Capital Ratio
0.65 0.71 0.65 0.61 0.49
Long-Term Debt-to-Capital Ratio
0.58 0.64 0.54 0.45 0.33
Financial Leverage Ratio
3.11 3.73 3.11 2.93 2.24
Debt Service Coverage Ratio
1.01 0.28 0.52 0.41 0.67
Interest Coverage Ratio
0.78 -1.21 0.30 0.35 0.52
Debt to Market Cap
0.85 3.24 0.17 0.06 0.02
Interest Debt Per Share
33.39 34.50 32.89 28.17 22.27
Net Debt to EBITDA
5.85 29.52 8.61 8.27 3.45
Profitability Margins
Gross Profit Margin
22.77%19.31%20.76%22.76%27.02%
EBIT Margin
21.58%-22.73%9.63%7.28%11.73%
EBITDA Margin
52.52%13.71%44.92%43.02%42.29%
Operating Profit Margin
12.25%-24.69%5.92%7.28%11.73%
Pretax Profit Margin
5.35%-43.19%-10.61%-12.13%-9.56%
Net Profit Margin
41.56%-43.09%-13.58%-15.24%-11.66%
Continuous Operations Profit Margin
2.79%-43.04%-13.58%-15.24%-11.66%
Net Income Per EBT
776.60%99.76%127.91%125.56%122.02%
EBT Per EBIT
43.69%174.90%-179.40%-166.59%-81.50%
Return on Assets (ROA)
5.92%-5.76%-1.69%-1.66%-1.17%
Return on Equity (ROE)
20.16%-21.50%-5.26%-4.87%-2.62%
Return on Capital Employed (ROCE)
1.97%-3.72%0.86%0.98%1.36%
Return on Invested Capital (ROIC)
0.96%-3.52%1.00%1.10%1.58%
Return on Tangible Assets
6.37%-6.44%-1.90%-1.90%-1.26%
Earnings Yield
10.36%-36.57%-0.63%-0.28%-0.09%
Efficiency Ratios
Receivables Turnover
3.54 3.91 3.88 4.51 3.88
Payables Turnover
3.24 2.35 2.39 1.55 1.15
Inventory Turnover
0.00 0.00 7.39B 2.72 16.70
Fixed Asset Turnover
0.25 0.19 0.18 0.18 0.18
Asset Turnover
0.14 0.13 0.12 0.11 0.10
Working Capital Turnover Ratio
1.75 4.95 7.95 1.34 0.83
Cash Conversion Cycle
-9.68 -62.27 -58.60 -20.94 -202.69
Days of Sales Outstanding
103.09 93.33 94.17 80.89 94.15
Days of Inventory Outstanding
0.00 0.00 <0.01 133.99 21.86
Days of Payables Outstanding
112.77 155.60 152.77 235.82 318.69
Operating Cycle
103.09 93.33 94.17 214.88 116.01
Cash Flow Ratios
Operating Cash Flow Per Share
2.17 1.42 2.02 0.86 0.28
Free Cash Flow Per Share
-1.58 -2.89 -3.50 -6.08 -6.61
CapEx Per Share
3.74 4.31 5.52 6.93 6.89
Free Cash Flow to Operating Cash Flow
-0.73 -2.03 -1.73 -7.07 -24.00
Dividend Paid and CapEx Coverage Ratio
0.58 0.33 0.36 0.12 0.04
Capital Expenditure Coverage Ratio
0.58 0.33 0.37 0.12 0.04
Operating Cash Flow Coverage Ratio
0.07 0.04 0.06 0.03 0.01
Operating Cash Flow to Sales Ratio
0.29 0.21 0.31 0.15 0.06
Free Cash Flow Yield
-5.15%-4.46%-2.46%-2.03%-1.08%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
9.66 -2.73 -158.92 -351.73 -1.06K
Price-to-Sales (P/S) Ratio
4.02 1.18 21.58 53.59 123.93
Price-to-Book (P/B) Ratio
1.78 0.59 8.36 17.12 27.82
Price-to-Free Cash Flow (P/FCF) Ratio
-19.41 -2.80 -40.68 -49.31 -92.37
Price-to-Operating Cash Flow Ratio
14.07 5.68 70.40 348.76 2.22K
Price-to-Earnings Growth (PEG) Ratio
0.80 -0.01 -11.26 -6.57 -35.72
Price-to-Fair Value
1.78 0.59 8.36 17.12 27.82
Enterprise Value Multiple
13.52 38.11 56.65 132.85 296.49
Enterprise Value
80.07B 134.14B 237.29B 446.81B 719.57B
EV to EBITDA
13.52 98.29 56.65 132.85 296.49
EV to Sales
7.10 13.47 25.44 57.15 125.38
EV to Free Cash Flow
-34.24 -32.03 -47.98 -52.58 -93.45
EV to Operating Cash Flow
24.90 64.95 83.02 371.92 2.24K
Tangible Book Value Per Share
13.43 8.51 11.34 11.11 18.48
Shareholders’ Equity Per Share
17.16 13.76 17.01 17.50 21.96
Tax and Other Ratios
Effective Tax Rate
0.48 <0.01 -0.28 -0.26 -0.22
Revenue Per Share
7.60 6.87 6.59 5.59 4.93
Net Income Per Share
3.16 -2.96 -0.89 -0.85 -0.57
Tax Burden
7.77 1.00 1.28 1.26 1.22
Interest Burden
0.25 1.90 -1.10 -1.67 -0.81
Research & Development to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
SG&A to Revenue
0.09 0.12 0.13 0.13 0.12
Stock-Based Compensation to Revenue
0.02 0.03 0.03 0.05 0.06
Income Quality
0.69 -0.48 -2.26 -1.01 -0.48
Currency in CNY