GDSGDS Holdings Limited

$32.59

Is it safe?

Can GDS take a bad year?

GDS Holdings Limited carries $3.19B of net debt at 2.44× EBITDA: a load its earnings can carry.

$3.19B

Net debt · as at Q4 2019 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.44×

Net debt / EBITDA

Cash runway
1.2 years

Cash runway · burning $1.26B a quarter at the current rate

Annualised volatility
75%

Annualised volatility · three times the market's own swing

Details
Total debtQ4 2019
$9.17B
Cash and short-term investments
$5.97B
Net debt
$3.19B
EBITDA, trailing twelve months
$1.31B
Operating profit, trailing twelve months
$345M
Debt / equity
0.89×
Total debt / EBITDA
6.99×
Annualised volatilitytwo years of daily moves
75%
Worst drawdown on file
−96%
Below its 52-week high
−31%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.