GDS Holdings (GDHLF) Debt to Equity (2014 - 2025)

GDS Holdings' Debt to Equity history runs 12 years deep, the most recent figure standing at $1.0 for Q4 2025.

• In Q4 2025, Debt to Equity rose 3.0% year-over-year to $1.0; the TTM figure through Dec 2025 stood at $1.0 (up 3.0% YoY), while the FY2025 annual figure was $1.0, down 99.91% from the prior year.
• Debt to Equity was $1.0 for Q4 2025 at GDS Holdings, up from $0.98 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $1.23 in Q4 2023 to a low of $0.55 in Q1 2021.
• Historically, Debt to Equity has averaged $0.97 across 5 years, with a median of $0.99 in 2024.
• Biggest YoY gain for Debt to Equity was 125.75% in 2021; the steepest drop was 40.23% in 2021.
• A 5-year view of Debt to Equity shows it stood at $0.93 in 2021, then gained by 17.9% to $1.1 in 2022, then advanced by 11.97% to $1.23 in 2023, then fell by 20.92% to $0.98 in 2024, then grew by 3.0% to $1.0 in 2025.
• The last three Debt to Equity figures came in at $1.0 (Q4 2025), $0.98 (Q4 2024), and $1.23 (Q4 2023), per Business Quant data.