GDS Holdings (GDS) Interest Coverage Ratio (2015 - 2026)
GDS Holdings (GDS) posted Interest Coverage Ratio of 1.2 for Q2 2026, up 49.91% on a QoQ basis from 2.39 in Q1 2026, and down 18.09% year-over-year from 1.46 in Q2 2025.
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GDS Holdings (GDS) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
GDS Holdings has reported Interest Coverage Ratio for 12 years, with the latest figure at 1.2 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 18.09% year-over-year to 1.2 in Q2 2026; TTM through Jun 2026 was 0.68, a 10.02% increase from a year earlier, with the FY2025 full-year figure at 0.03, up 105.49% from the prior year.
- Interest Coverage Ratio was 1.2 for Q2 2026 at GDS Holdings, up from 2.39 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 6.09 in Q4 2023, with the low at 2.39 in Q1 2026.
- Average Interest Coverage Ratio over 5 years is 0.18, with a median of 0.48 recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio surged 2230.95% in 2023, then sank 289.68% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 0.29 in 2022, then surged by 2230.95% to 6.09 in 2023, then plunged by 110.8% to 0.66 in 2024, then surged by 534.98% to 2.86 in 2025, then slumped by 141.85% to 1.2 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.2 (Q2 2026), 2.39 (Q1 2026), and 2.86 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 4.40 |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -2.49 |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -1.18 |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -11.74 |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 1.20 |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 1.12 |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 1.09 |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -2.02 |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.20 |
| Mar 31, 2026 | -2.39 |
| Dec 31, 2025 | 2.86 |
| Sep 30, 2025 | -2.33 |
| Jun 30, 2025 | -1.01 |
| Mar 31, 2025 | -0.80 |
| Dec 31, 2024 | -0.66 |
| Sep 30, 2024 | -0.60 |
| Jun 30, 2024 | -0.62 |
| Mar 31, 2024 | -0.44 |
| Dec 31, 2023 | 6.09 |
| 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 |