GDS Holdings (GDS) Debt Ratio: 2015-2024
- Holdings' Debt Ratio fell 2.11% to 0.33 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.33, marking a year-over-year decrease of 2.11%. This contributed to the annual value of 0.33 for FY2024, which is 2.11% down from last year.
- Latest data reveals that Holdings reported Debt Ratio of 0.33 as of Q4 2024, which was down 2.11% from 0.34 recorded in Q4 2023.
- In the past 5 years, Holdings' Debt Ratio ranged from a high of 0.34 in Q4 2022 and a low of 0.21 during Q4 2020.
- In the last 3 years, Holdings' Debt Ratio had a median value of 0.34 in 2023 and averaged 0.34.
- Per our database at Business Quant, Holdings' Debt Ratio dropped by 26.00% in 2020 and then spiked by 55.32% in 2021.
- Quarterly analysis of 5 years shows Holdings' Debt Ratio stood at 0.21 in 2020, then surged by 55.32% to 0.32 in 2021, then rose by 6.93% to 0.34 in 2022, then decreased by 0.90% to 0.34 in 2023, then fell by 2.11% to 0.33 in 2024.
- Its last three reported values are 0.33 in Q4 2024, 0.34 for Q4 2023, and 0.34 during Q4 2022.