Total Debt
$46.96B
Net Debt
$33.52B
GDS Holdings Limited currently has $46.96B in total debt. Net debt is $33.52B after cash offsets.
Financial Fundamentals
GDS • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2025-09-30 | 46.96 | 13.44 | 33.52 | 78.61 | 59.7% |
| 2025-06-30 | 47.80 | 13.12 | 34.68 | 79.20 | 60.4% |
| 2025-03-31 | 43.88 | 7.58 | 36.31 | 73.46 | 59.7% |
| 2024-12-31 | 44.46 | 7.87 | 36.59 | 73.65 | 60.4% |
| 2024-09-30 | 50.78 | 9.41 | 41.37 | 82.34 | 61.7% |
| 2024-06-30 | 50.19 | 9.91 | 40.29 | 79.17 | 63.4% |
| 2024-03-31 | 49.66 | 7.64 | 42.02 | 75.71 | 65.6% |
| 2023-12-31 | 44.02 | 7.35 | 36.67 | 74.45 | 59.1% |
| 2023-09-30 | 47.83 | 7.52 | 40.31 | 76.84 | 62.2% |
| 2023-06-30 | 47.74 | 8.18 | 39.55 | 77.05 | 62.0% |
| 2023-03-31 | 48.58 | 10.24 | 38.33 | 78.13 | 62.2% |
| 2022-12-31 | 44.68 | 8.61 | 36.08 | 74.81 | 59.7% |
| 2022-09-30 | 43.61 | 9.09 | 34.52 | 74.88 | 58.2% |
| 2022-06-30 | 41.68 | 9.16 | 32.52 | 74.02 | 56.3% |
| 2022-03-31 | 42.91 | 11.32 | 31.59 | 75.67 | 56.7% |
| 2021-12-31 | 37.79 | 9.97 | 27.82 | 71.63 | 52.8% |
| 2021-09-30 | 31.62 | 10.10 | 21.52 | 64.43 | 49.1% |
| 2021-06-30 | 29.56 | 12.33 | 17.23 | 62.46 | 47.3% |
| 2021-03-31 | 26.10 | 14.91 | 11.18 | 58.31 | 44.8% |
| 2020-12-31 | 24.63 | 16.26 | 8.37 | 57.26 | 43.0% |
| 2020-09-30 | 23.51 | 6.00 | 17.51 | 43.54 | 54.0% |
| 2020-06-30 | 21.65 | 7.74 | 13.91 | 41.61 | 52.0% |
| 2020-03-31 | 17.67 | 3.61 | 14.06 | 31.90 | 55.4% |
| 2019-12-31 | 16.95 | 5.81 | 11.14 | 31.49 | 53.8% |
| 2019-09-30 | 15.56 | 5.75 | 9.81 | 28.00 | 55.6% |
| 2019-06-30 | 14.58 | 5.73 | 8.85 | 26.96 | 54.1% |
| 2019-03-31 | 14.04 | 6.00 | 8.04 | 26.14 | 53.7% |
| 2018-12-31 | 12.79 | 2.16 | 10.63 | 20.89 | 61.3% |
| 2018-09-30 | 12.31 | 3.49 | 8.81 | 20.22 | 60.9% |
| 2018-06-30 | 11.67 | 4.45 | 7.22 | 19.86 | 58.8% |
| 2018-03-31 | 7.61 | 2.98 | 4.63 | 15.14 | 50.3% |
| 2017-12-31 | 6.65 | 1.87 | 4.78 | 13.14 | 50.6% |
| 2017-09-30 | 5.94 | 1.17 | 4.77 | 10.25 | 57.9% |
| 2017-06-30 | 5.49 | 1.47 | 4.02 | 9.75 | 56.2% |
| 2017-03-31 | 4.47 | 1.53 | 2.94 | 8.30 | 53.9% |
| 2016-12-31 | 4.29 | 1.81 | 2.48 | 8.20 | 52.3% |
| 2016-09-30 | 3.93 | 0.80 | 3.13 | 6.76 | 58.1% |
| 2016-06-30 | 3.46 | 0.83 | 2.63 | 6.33 | 54.7% |
| 2016-03-31 | 0.00 | 0.92 | -0.92Net Cash | 0.00 | — |
| 2015-12-31 | 2.51 | 0.92 | 1.58 | 5.13 | 48.9% |
| 2015-03-31 | 0.00 | 0.61 | -0.61Net Cash | 0.00 | — |