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GDS (GDS) Financials

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$28.10 +2.34 (+9.08%)
Closing price 05/2/2025 04:00 PM Eastern
Extended Trading
$28.24 +0.14 (+0.50%)
As of 05/2/2025 07:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for GDS

Annual Income Statements for GDS

This table shows GDS's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -50 -33 -58 -50 -63 -72 -113 -206 -219 -612 931
Consolidated Net Income / (Loss)		 -21 -15 -40 -50 -63 -63 -103 -187 -184 -604 453
Net Income / (Loss) Continuing Operations		 -21 -15 -40 -50 -63 -63 -103 -187 -184 -604 -106
Total Pre-Tax Income 		-22 -17 -41 -51 -64 -61 -84 -149 -144 -606 -84
Total Operating Income		 -12 -0.19 -6.08 13 25 69 104 89 80 -346 158
Total Gross Profit		 13 29 38 63 91 150 238 279 281 271 304
Total Revenue		 75 107 151 248 406 592 883 1,227 1,352 1,402 1,414
Operating Revenue		 75 107 151 248 406 592 883 1,227 1,352 1,402 1,414
Total Cost of Revenue		 62 78 113 185 316 442 644 948 1,071 1,132 1,110
Operating Cost of Revenue		 62 78 113 185 316 442 644 948 1,071 1,132 1,110
Total Operating Expenses		 25 29 44 50 66 81 135 190 201 617 147
Selling, General & Admin Expense		 18 20 33 35 48 59 108 160 172 167 126
Marketing Expense		 6.52 8.77 10 14 16 19 21 23 22 20 16
Research & Development Expense		 0.26 0.54 1.30 1.11 2.03 3.11 6.16 6.17 5.19 5.37 4.98
Impairment Charge		 - - - - - - 0.00 0.00 1.85 424 0.00
Total Other Income / (Expense), net		 -9.47 -17 -35 -64 -88 -130 -188 -238 -224 -259 -242
Interest Expense		 21 19 38 63 96 139 202 260 274 287 264
Interest & Investment Income		 11 0.21 0.30 0.86 2.80 7.61 4.46 7.92 6.16 14 12
Other Income / (Expense), net		 0.58 2.47 2.98 -1.35 4.22 1.36 10 13 44 14 9.32
Income Tax Expense		 -0.74 -1.82 -1.19 -0.93 -1.37 2.25 19 38 40 -2.08 21
Net Income / (Loss) Discontinued Operations		 - - - - - - - - - - 558
Preferred Stock Dividends Declared		 29 18 18 0.00 0.00 8.34 8.11 7.70 7.43 7.55 7.43
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - 0.00 0.00 2.43 12 28 0.66 0.85
Basic Earnings per Share		 ($1.91) ($0.99) ($1.35) ($0.42) ($0.43) ($0.45) ($0.59) ($0.90) ($1.03) ($2.96) $0.31
Weighted Average Basic Shares Outstanding		 162.07M 217.99M 299.09M 784.57M 990.26M 1.10B 1.25B 1.45B 1.46B 1.47B 1.48B
Diluted Earnings per Share		 ($1.91) ($0.99) ($1.35) ($0.42) ($0.43) ($0.45) ($0.59) ($0.90) ($1.03) ($2.96) $0.31
Weighted Average Diluted Shares Outstanding		 162.07M 217.99M 299.09M 784.57M 990.26M 1.10B 1.25B 1.45B 1.46B 1.47B 1.48B
Weighted Average Basic & Diluted Shares Outstanding		 162.07M 217.99M 299.09M 784.57M 990.26M 1.10B 1.25B 1.50B 1.52B 1.52B 1.56B

Quarterly Income Statements for GDS

No quarterly income statements for GDS are available.

Annual Cash Flow Statements for GDS

This table details how cash moves in and out of GDS's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 90 48 130 17 49 530 1,618 -701 -456 -136 1,400
Net Cash From Operating Activities		 4.49 -12 -18 -26 -1.88 42 49 189 414 291 266
Net Cash From Continuing Operating Activities		 4.49 -12 -18 -26 -1.88 42 49 189 414 291 304
Net Income / (Loss) Continuing Operations		 -21 -15 -40 -50 -63 -63 -103 -187 -184 -604 -106
Consolidated Net Income / (Loss)		 -21 -15 -40 -50 -63 -63 -103 -187 -184 -604 453
Net Income / (Loss) Discontinued Operations		 - - - - - - - - - - 558
Depreciation Expense		 13 22 33 58 108 164 252 411 462 496 444
Amortization Expense		 5.45 0.00 0.85 7.38 8.93 14 25 31 22 21 15
Non-Cash Adjustments To Reconcile Net Income		 -5.81 -5.28 8.50 9.18 16 29 47 76 34 488 50
Changes in Operating Assets and Liabilities, net		 12 -14 -21 -50 -72 -102 -171 -143 79 -111 -99
Net Cash From Discontinued Operating Activities		 - - - - - - - - - - -39
Net Cash From Investing Activities		 -84 -111 -164 -308 -689 -737 -1,442 -2,149 -1,635 -891 -1,200
Net Cash From Continuing Investing Activities		 -84 -111 -164 -307 -689 -737 -1,442 -2,149 -1,635 -891 -252
Purchase of Property, Plant & Equipment		 -40 -112 -142 -264 -620 -654 -1,236 -1,522 -1,138 -848 -434
Acquisitions		 -2.19 0.00 -17 -40 -69 -80 -208 -570 -505 -33 -12
Purchase of Investments		 -49 0.00 - 0.00 0.00 -0.86 -0.69 -0.47 -0.90 -0.42 0.00
Sale of Property, Plant & Equipment		 0.03 0.01 0.01 0.00 2.02 0.73 2.53 0.22 6.32 2.61 28
Divestitures		 6.59 0.00 0.18 3.82 0.07 1.74 0.74 8.98 0.00 3.33 5.34
Other Investing Activities, net		 0.66 0.16 -6.02 -6.14 -1.59 -4.41 -0.66 -65 2.75 -16 160
Net Cash From Discontinued Investing Activities		 - - - - - - - - - - -948
Net Cash From Financing Activities		 170 172 305 361 710 1,201 3,098 1,274 704 443 2,337
Net Cash From Continuing Financing Activities		 170 172 305 361 710 1,201 3,098 1,274 704 443 24
Repayment of Debt		 -78 -74 -137 -283 -248 -414 -712 -978 -1,406 -1,190 -833
Payment of Dividends		 0.00 0.00 -11 0.00 0.00 -3.59 -10 -18 -94 -7.59 -7.42
Issuance of Debt		 80 248 278 559 819 785 1,245 2,540 2,292 2,044 912
Other Financing Activities, net		 19 0.45 0.00 -14 -48 -17 102 -306 -88 -411 -47
Net Cash From Discontinued Financing Activities		 - - - - - - - - - - 2,313
Effect of Exchange Rate Changes		 -0.37 0.34 7.96 -11 30 24 -87 -15 60 22 -1.86
Cash Interest Paid		 8.87 12 33 55 92 121 171 241 261 290 287
Cash Income Taxes Paid		 0.07 0.13 0.81 0.21 0.49 2.45 33 40 50 43 53

Quarterly Cash Flow Statements for GDS

No quarterly cash flow statements for GDS are available.

Annual Balance Sheets for GDS

This table presents GDS's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 781 1,176 2,017 3,040 4,522 8,807 11,241 10,847 10,486 10,090
Total Current Assets		 181 317 377 442 1,017 2,818 2,270 1,733 1,547 1,591
Cash & Equivalents		 141 260 287 315 834 2,501 1,564 1,248 1,086 1,078
Restricted Cash		 0.98 3.97 1.66 0.01 4.92 13 316 23 5.93 9.24
Accounts Receivable		 17 29 56 78 126 228 272 349 359 414
Inventories, net		 - 10 17 24 - - 36 24 30 33
Other Current Assets		 14 7.05 6.54 16 21 27 50 62 42 57
Other Current Nonoperating Assets		 - - - - - - - - - 0.00
Plant, Property, & Equipment, net		 383 620 1,253 2,037 2,754 4,552 6,375 6,802 6,690 5,508
Total Noncurrent Assets		 218 240 387 561 750 1,437 2,596 2,312 2,248 2,991
Long-Term Investments		 - - 0.00 - - - - - - 1,034
Noncurrent Note & Lease Receivables		 0.00 14 45 71 128 222 348 168 197 204
Goodwill		 197 192 241 255 274 399 1,110 1,026 997 806
Intangible Assets		 7.15 13 53 70 57 121 201 152 97 66
Noncurrent Deferred & Refundable Income Taxes		 0.36 1.81 2.20 5.38 10 22 29 33 41 52
Other Noncurrent Operating Assets		 13 18 46 159 282 672 907 933 917 829
Other Noncurrent Nonoperating Assets		 - - - - - - - - - 0.00
Total Liabilities & Shareholders' Equity		 781 1,176 2,017 3,040 4,522 8,807 11,241 10,847 10,486 10,090
Total Liabilities		 468 748 1,330 2,236 2,891 4,705 7,177 7,341 7,651 6,847
Total Current Liabilities		 141 212 372 511 574 1,176 2,113 1,537 1,170 1,244
Short-Term Debt		 73 90 121 211 163 331 933 853 425 611
Accounts Payable		 61 103 227 219 241 562 612 448 482 355
Accrued Expenses		 - - - 69 117 215 420 147 169 178
Current Deferred Revenue		 7.08 5.83 8.53 11 13 15 14 23 17 12
Other Current Liabilities		 - 13 15 0.00 40 52 133 66 77 87
Other Current Nonoperating Liabilities		 - - - - - - - - - 0.00
Total Noncurrent Liabilities		 327 536 958 1,726 2,317 3,529 5,064 5,803 6,481 5,604
Long-Term Debt		 245 366 531 1,049 1,447 1,922 3,167 4,033 4,950 4,176
Capital Lease Obligations		 65 147 353 - - - - 235 197 175
Noncurrent Deferred & Payable Income Tax Liabilities		 5.74 7.64 19 25 36 71 115 204 181 170
Other Noncurrent Operating Liabilities		 12 16 55 651 834 1,537 1,782 1,332 1,155 1,082
Other Noncurrent Nonoperating Liabilities		 - - - - - - - - - 0.00
Commitments & Contingencies		 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 365 - - 0.00 152 169 214 152 150 148
Total Equity & Noncontrolling Interests		 -52 428 687 804 1,478 3,932 3,850 3,355 2,684 3,095
Total Preferred & Common Equity		 -52 428 687 804 1,478 3,932 3,840 3,338 2,661 3,077
Total Common Equity		 -52 428 687 804 1,478 3,932 3,840 3,338 2,661 3,077
Common Stock		 46 579 899 1,059 1,781 4,419 4,548 4,212 4,132 4,055
Retained Earnings		 -89 -123 -182 -235 -295 -419 -614 -751 -1,334 -828
Accumulated Other Comprehensive Income / (Loss)		 -9.43 -28 -31 -20 -7.56 -68 -94 -123 -137 -150
Noncontrolling Interest		 - - - - - 0.00 9.29 17 23 18

Quarterly Balance Sheets for GDS

No quarterly balance sheets for GDS are available.

Annual Metrics and Ratios for GDS

This table displays calculated financial ratios and metrics derived from GDS's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% 42.26% 41.34% 63.79% 63.87% 45.64% 49.13% 39.00% 10.20% 3.72% 2.63%
EBITDA Growth		 0.00% 241.17% 24.32% 152.56% 89.88% 70.68% 57.11% 39.58% 11.74% -69.67% 215.51%
EBIT Growth		 0.00% 119.67% -235.58% 464.40% 154.90% 144.59% 61.82% -9.50% 20.58% -368.06% 156.53%
NOPAT Growth		 0.00% 98.48% -3,179.24% 307.66% 94.21% 181.11% 50.25% -13.65% -10.48% -532.87% 150.77%
Net Income Growth		 0.00% 28.20% -164.07% -26.56% -24.85% -1.35% -62.16% -81.61% 1.80% -228.80% 174.99%
EPS Growth		 0.00% 48.17% -36.36% 68.89% -2.38% -4.65% -31.11% -52.54% -14.44% -187.38% 174.60%
Operating Cash Flow Growth		 0.00% -372.15% -51.28% -39.24% 92.70% 2,342.09% 17.15% 281.97% 119.81% -29.80% -8.71%
Free Cash Flow Firm Growth		 0.00% 0.00% 60.55% -187.49% 47.55% -83.54% -126.29% -74.19% 57.31% 80.33% -82.35%
Invested Capital Growth		 0.00% 0.00% 38.69% 82.94% 24.67% 37.28% 59.92% 63.61% 17.06% -0.58% -1.04%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 17.12% 26.81% 25.16% 25.27% 22.29% 25.29% 27.02% 22.76% 20.76% 19.31% 21.53%
EBITDA Margin		 9.50% 22.79% 20.05% 30.92% 35.82% 41.98% 44.23% 44.41% 45.03% 13.17% 44.31%
Operating Margin		 -16.16% -0.17% -4.01% 5.09% 6.03% 11.64% 11.73% 7.28% 5.92% -24.69% 11.16%
EBIT Margin		 -15.40% 2.13% -2.04% 4.54% 7.07% 11.87% 12.88% 8.38% 9.17% -23.71% 11.82%
Profit (Net Income) Margin		 -27.76% -14.01% -26.18% -20.23% -15.41% -10.72% -11.66% -15.24% -13.58% -43.04% 32.01%
Tax Burden Percent		 96.59% 89.16% 97.08% 98.18% 97.86% 103.67% 122.02% 125.56% 127.91% 99.66% -537.33%
Interest Burden Percent		 186.62% -738.15% 1,320.44% -453.48% -222.82% -87.16% -74.21% -144.73% -115.70% 182.15% -50.40%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% -0.05% -0.64% 0.81% 1.09% 2.32% 2.32% 1.24% 0.82% -3.31% 1.81%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% -12.44% -12.87% -10.37% -8.51% -10.69% -66.46% -24.24% -7.07% -11.98% 12.92%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -9.55% -10.05% -9.81% -9.49% -7.54% -5.91% -5.81% -5.67% -15.73% 13.09%
Return on Equity (ROE)		 0.00% -9.60% -10.70% -9.00% -8.40% -5.22% -3.59% -4.58% -4.85% -19.04% 14.90%
Cash Return on Invested Capital (CROIC)		 0.00% -200.05% -33.06% -57.81% -20.87% -29.10% -43.79% -47.02% -14.90% -2.73% 2.86%
Operating Return on Assets (OROA)		 0.00% 0.29% -0.32% 0.71% 1.14% 1.86% 1.71% 1.03% 1.12% -3.12% 1.62%
Return on Assets (ROA)		 0.00% -1.92% -4.05% -3.14% -2.48% -1.68% -1.54% -1.86% -1.66% -5.66% 4.40%
Return on Common Equity (ROCE)		 0.00% 1.59% -5.43% -9.00% -8.40% -4.89% -3.39% -4.36% -4.60% -18.01% 14.07%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 28.95% -9.26% -7.30% -7.79% -4.29% -2.62% -4.87% -5.50% -22.68% 14.71%
Net Operating Profit after Tax (NOPAT)		 -8.52 -0.13 -4.25 8.83 17 48 72 63 56 -242 110
NOPAT Margin		 -11.31% -0.12% -2.81% 3.56% 4.22% 8.15% 8.21% 5.10% 4.14% -17.29% 7.81%
Net Nonoperating Expense Percent (NNEP)		 0.00% 12.39% 12.22% 11.18% 9.60% 13.01% 68.78% 25.47% 7.89% 8.67% -11.12%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - - 1.37%
Cost of Revenue to Revenue		 82.88% 73.19% 74.84% 74.73% 77.71% 74.71% 72.98% 77.24% 79.24% 80.69% 78.47%
SG&A Expenses to Revenue		 24.28% 18.29% 21.53% 14.16% 11.80% 9.98% 12.24% 13.07% 12.71% 11.91% 8.89%
R&D to Revenue		 0.34% 0.51% 0.86% 0.45% 0.50% 0.52% 0.70% 0.50% 0.38% 0.38% 0.35%
Operating Expenses to Revenue		 33.28% 26.98% 29.17% 20.19% 16.26% 13.66% 15.29% 15.47% 14.84% 44.00% 10.37%
Earnings before Interest and Taxes (EBIT)		 -12 2.28 -3.09 11 29 70 114 103 124 -333 167
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 7.16 24 30 77 146 248 390 545 609 185 627
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 3.12 3.38 4.39 3.62 2.30 1.15 0.65 1.47
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 5.46 5.68 5.66 4.17 3.49 1.78 1.11 2.05
Price to Revenue (P/Rev)		 0.00 0.00 0.00 8.63 6.69 10.97 16.13 7.18 2.85 1.24 3.20
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.86
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.57%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 2.04 2.09 3.09 3.68 1.79 1.07 0.87 1.24
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 11.52 9.01 12.53 16.03 9.18 5.82 4.56 5.33
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 37.26 25.16 29.85 36.24 20.66 12.93 34.60 12.03
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 253.56 127.52 105.58 124.45 109.43 63.46 0.00 45.08
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 323.45 213.51 153.81 195.26 179.94 140.57 0.00 68.21
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 176.04 286.64 59.71 19.00 21.97 28.37
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 43.14
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 1.22 1.41 1.46 1.57 0.99 0.55 1.01 1.46 1.97 1.53
Long-Term Debt to Equity		 0.00 0.99 1.20 1.29 1.31 0.89 0.47 0.78 1.22 1.82 1.34
Financial Leverage		 0.00 0.77 0.78 0.95 1.12 0.71 0.09 0.24 0.80 1.31 1.01
Leverage Ratio		 0.00 2.50 2.64 2.86 3.39 3.11 2.33 2.46 2.92 3.36 3.39
Compound Leverage Factor		 0.00 -18.42 34.87 -12.99 -7.56 -2.71 -1.73 -3.55 -3.38 6.13 -1.71
Debt to Total Capital		 0.00% 54.97% 58.45% 59.42% 61.06% 49.69% 35.45% 50.22% 59.35% 66.28% 60.48%
Short-Term Debt to Total Capital		 0.00% 10.45% 8.74% 7.17% 10.23% 5.04% 5.21% 11.43% 9.89% 5.05% 7.45%
Long-Term Debt to Total Capital		 0.00% 44.52% 49.71% 52.25% 50.83% 44.65% 30.24% 38.79% 49.46% 61.23% 53.03%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 52.49% 0.00% 0.00% 0.00% 4.71% 2.67% 2.73% 1.96% 2.06% 2.02%
Common Equity to Total Capital		 0.00% -7.46% 41.55% 40.58% 38.94% 45.60% 61.88% 47.04% 38.69% 31.66% 37.50%
Debt to EBITDA		 0.00 15.64 19.85 13.12 8.66 6.48 5.77 7.52 8.41 30.16 7.92
Net Debt to EBITDA		 0.00 9.84 11.16 9.34 6.50 3.10 -0.67 4.07 6.32 24.25 4.54
Long-Term Debt to EBITDA		 0.00 12.67 16.88 11.53 7.21 5.82 4.92 5.81 7.01 27.86 6.94
Debt to NOPAT		 0.00 -2,944.81 -141.65 113.85 73.47 33.40 31.10 65.54 91.43 -22.98 44.92
Net Debt to NOPAT		 0.00 -1,852.05 -79.65 81.12 55.13 15.99 -3.60 35.48 68.73 -18.48 25.72
Long-Term Debt to NOPAT		 0.00 -2,384.93 -120.46 100.12 61.17 30.01 26.53 50.62 76.20 -21.23 39.39
Altman Z-Score		 0.00 0.00 0.00 0.98 0.76 1.56 2.12 0.82 0.40 0.03 0.52
Noncontrolling Interest Sharing Ratio		 0.00% 116.57% 49.21% 0.00% 0.00% 6.26% 5.62% 4.81% 5.18% 5.39% 5.58%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.00 1.28 1.49 1.01 0.87 1.77 2.40 1.07 1.13 1.32 1.28
Quick Ratio		 0.00 1.12 1.36 0.92 0.77 1.67 2.32 0.87 1.04 1.23 1.20
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -553 -218 -627 -329 -604 -1,367 -2,380 -1,016 -200 175
Operating Cash Flow to CapEx		 11.26% -10.96% -13.06% -9.76% -0.30% 6.45% 4.00% 12.39% 36.62% 34.40% 65.37%
Free Cash Flow to Firm to Interest Expense		 0.00 -28.63 -5.74 -9.92 -3.45 -4.34 -6.75 -9.17 -3.71 -0.70 0.66
Operating Cash Flow to Interest Expense		 0.21 -0.63 -0.49 -0.41 -0.02 0.30 0.24 0.73 1.51 1.01 1.01
Operating Cash Flow Less CapEx to Interest Expense		 -1.67 -6.41 -4.21 -4.58 -6.49 -4.40 -5.85 -5.14 -2.62 -1.93 -0.53
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.14 0.15 0.16 0.16 0.16 0.13 0.12 0.12 0.13 0.14
Accounts Receivable Turnover		 0.00 6.34 6.67 5.87 6.06 5.79 4.99 4.91 4.36 3.96 3.70
Inventory Turnover		 0.00 0.00 0.00 13.40 15.41 0.00 0.00 0.00 35.81 41.85 35.15
Fixed Asset Turnover		 0.00 0.28 0.30 0.26 0.25 0.25 0.24 0.22 0.21 0.21 0.25
Accounts Payable Turnover		 0.00 1.28 1.38 1.12 1.41 1.92 1.60 1.61 2.02 2.43 2.99
Days Sales Outstanding (DSO)		 0.00 57.59 54.74 62.16 60.22 63.05 73.20 74.31 83.78 92.06 98.75
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 27.24 23.69 0.00 0.00 0.00 10.19 8.72 10.39
Days Payable Outstanding (DPO)		 0.00 284.62 265.08 325.39 258.00 189.91 227.51 226.23 180.68 150.12 122.14
Cash Conversion Cycle (CCC)		 0.00 -227.03 -210.34 -235.99 -174.10 -126.86 -154.32 -151.92 -86.70 -49.34 -13.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.00 553 767 1,403 1,749 2,401 3,841 6,283 7,356 7,313 6,084
Invested Capital Turnover		 0.00 0.39 0.23 0.23 0.26 0.29 0.28 0.24 0.20 0.19 0.23
Increase / (Decrease) in Invested Capital		 0.00 553 214 636 346 652 1,439 2,443 1,072 -42 -64
Enterprise Value (EV)		 0.00 0.00 0.00 2,857 3,662 7,417 14,147 11,257 7,872 6,390 7,535
Market Capitalization		 0.00 0.00 0.00 2,140 2,717 6,493 14,238 8,814 3,854 1,738 4,528
Book Value per Share		 $0.00 ($0.24) $1.43 $0.90 $0.85 $1.47 $3.23 $2.57 $2.23 $1.75 $2.02
Tangible Book Value per Share		 $0.00 ($1.17) $0.74 $0.52 $0.51 $1.14 $2.81 $1.69 $1.44 $1.03 $1.45
Total Capital		 0.00 695 1,031 1,692 2,064 3,241 6,355 8,164 8,627 8,405 8,205
Total Debt		 0.00 382 602 1,006 1,260 1,610 2,253 4,100 5,120 5,571 4,962
Total Long-Term Debt		 0.00 309 512 884 1,049 1,447 1,922 3,167 4,267 5,146 4,351
Net Debt		 0.00 240 339 716 946 771 -261 2,220 3,849 4,479 2,842
Capital Expenditures (CapEx)		 40 112 142 264 618 654 1,234 1,522 1,131 846 406
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -29 -69 -163 -172 -233 -541 -790 -223 -290 -129
Debt-free Net Working Capital (DFNWC)		 0.00 112 195 126 143 606 1,973 1,090 1,048 802 958
Net Working Capital (NWC)		 0.00 40 105 4.75 -68 443 1,642 157 195 377 347
Net Nonoperating Expense (NNE)		 12 15 35 59 80 112 175 249 240 361 -342
Net Nonoperating Obligations (NNO)		 0.00 240 339 716 946 771 -261 2,220 3,849 4,479 2,842
Total Depreciation and Amortization (D&A)		 19 22 33 65 117 178 277 442 485 517 459
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -27.33% -45.40% -65.76% -42.33% -39.35% -61.30% -64.41% -16.46% -20.69% -9.11%
Debt-free Net Working Capital to Revenue		 0.00% 104.97% 128.75% 50.83% 35.09% 102.44% 223.53% 88.85% 77.54% 57.17% 67.76%
Net Working Capital to Revenue		 0.00% 37.19% 69.23% 1.92% -16.85% 74.84% 186.01% 12.77% 14.45% 26.90% 24.56%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($1.35) ($0.42) ($0.43) ($0.45) ($0.59) ($0.90) ($1.03) ($2.96) $0.31
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 760.01M 941.27M 1.01B 1.22B 1.50B 1.45B 1.46B 1.47B 1.48B
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($1.35) ($0.42) ($0.43) ($0.45) ($0.59) ($0.90) ($1.03) ($2.96) $0.31
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 760.01M 941.27M 1.01B 1.22B 1.50B 1.45B 1.46B 1.47B 1.48B
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 ($1.35) ($0.42) ($0.43) ($0.45) ($0.59) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 299.09M 784.57M 990.26M 1.10B 1.25B 1.50B 1.52B 1.52B 1.56B
Normalized Net Operating Profit after Tax (NOPAT)		 -8.52 -0.13 -4.25 8.83 17 48 72 63 57 55 110
Normalized NOPAT Margin		 -11.31% -0.12% -2.81% 3.56% 4.22% 8.15% 8.21% 5.10% 4.24% 3.90% 7.81%
Pre Tax Income Margin		 -28.74% -15.71% -26.96% -20.60% -15.75% -10.34% -9.56% -12.13% -10.61% -43.19% -5.96%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -0.55 0.12 -0.08 0.18 0.30 0.51 0.56 0.40 0.45 -1.16 0.63
NOPAT to Interest Expense		 -0.40 -0.01 -0.11 0.14 0.18 0.35 0.36 0.24 0.20 -0.84 0.42
EBIT Less CapEx to Interest Expense		 -2.43 -5.66 -3.81 -4.00 -6.17 -4.19 -5.53 -5.47 -3.68 -4.11 -0.91
NOPAT Less CapEx to Interest Expense		 -2.28 -5.78 -3.84 -4.04 -6.29 -4.35 -5.73 -5.62 -3.93 -3.79 -1.12
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% -27.68% 0.00% 0.00% -5.66% -9.79% -9.60% -50.97% -1.26% 1.64%
Augmented Payout Ratio		 -107.53% 0.00% -27.68% 0.00% 0.00% -5.66% -9.79% -9.60% -50.97% -1.26% 1.64%

Quarterly Metrics and Ratios for GDS

No quarterly metrics and ratios for GDS are available.

Frequently Asked Questions About GDS's Financials

When does GDS's fiscal year end?

According to the most recent income statement we have on file, GDS's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has GDS's net income changed over the last 10 years?

GDS's net income appears to be on an upward trend, with a most recent value of $452.62 million in 2024, falling from -$20.90 million in 2014. The previous period was -$603.58 million in 2023. See GDS's forecast for analyst expectations on what’s next for the company.

What is GDS's operating income?
GDS's total operating income in 2024 was $157.82 million, based on the following breakdown:
  • Total Gross Profit: $304.50 million
  • Total Operating Expenses: $146.68 million
How has GDS revenue changed over the last 10 years?

Over the last 10 years, GDS's total revenue changed from $75.31 million in 2014 to $1.41 billion in 2024, a change of 1,777.8%.

How much debt does GDS have?

GDS's total liabilities were at $6.85 billion at the end of 2024, a 10.5% decrease from 2023, and a 1,363.3% increase since 2015.

How much cash does GDS have?

In the past 9 years, GDS's cash and equivalents has ranged from $140.75 million in 2015 to $2.50 billion in 2020, and is currently $1.08 billion as of their latest financial filing in 2024.

How has GDS's book value per share changed over the last 10 years?

Over the last 10 years, GDS's book value per share changed from 0.00 in 2014 to 2.02 in 2024, a change of 201.8%.


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This page (NASDAQ:GDS) was last updated on 5/4/2025 by MarketBeat.com Staff
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