GDS Holdings (GDS) Interest Coverage Ratio (2015 - 2026)
GDS Holdings' Interest Coverage Ratio came in at 1.20 for the quarter ended Jun 30, 2026, up 18.1% from 1.01 a year earlier but down 49.9% from the prior quarter.
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Analysis
GDS Holdings (GDS) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, GDS Holdings reported Interest Coverage Ratio of 0.68, down 9.5% year-over-year; for the year ended Dec 31, 2025, it was -0.03.
- Going back by year, Interest Coverage Ratio was 0.60 in the year ended Dec 31, 2024, -1.27 in the year ended Dec 31, 2023, 0.30 in the year ended Dec 31, 2022 (-15.8%) and 0.36 in the year ended Dec 31, 2021 (-32.1%).
- The five-year range for quarterly Interest Coverage Ratio is -6.09 (the quarter ended Dec 31, 2023) to 2.39 (the quarter ended Mar 31, 2026).
- The fastest year-over-year change in Interest Coverage Ratio over five years came in the quarter ended Sep 30, 2025 (growth of 289.7%), and the weakest in the quarter ended Sep 30, 2023 (a decline of 51.5%).
- Business Quant data shows GDS's Interest Coverage Ratio at 2.39 (quarter ended Mar 31, 2026), -2.86 (quarter ended Dec 31, 2025) and 2.33 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,949.85 Bn | 3,873.01 Bn | 60.48 Bn | 48.39 |
| 2 | International Business Machines | 228.00 Bn | 178.81 Bn | 9.91 Bn | 5.38 |
| 3 | Cloudflare | 103.51 Bn | 87.04 Bn | 499.52 Mn | -66.59 |
| 4 | Equinix | 97.35 Bn | 85.92 Bn | 1.40 Bn | 4.40 |
| 5 | Nebius | 41.52 Bn | 14.95 Bn | 448.70 Mn | -1.48 |
| 6 | CoreWeave | 34.23 Bn | 21.32 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.83 Bn | 25.04 Bn | 384.60 Mn | 15.43 |
| 8 | Nutanix | 18.34 Bn | 10.03 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.21 Bn | 9.79 Bn | 828.20 Mn | 9.16 |
| 10 | GDS Holdings | 4.44 Bn | -3.84 Bn | 97.55 Mn | 1.20 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 |
| Mar 31, 2026 | 2.39 |
| Dec 31, 2025 | -2.90 |
| Sep 30, 2025 | 2.33 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 0.83 |
| Dec 31, 2024 | 0.65 |
| Sep 30, 2024 | 0.69 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | -6.52 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.38 |
API Access
GDS Holdings Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();