GDS Holdings Ltd (GDS) — Financial Flexibility Index

Latest as of March 2026: 0.02x

GDS Holdings Ltd (GDS) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $1.22 Billion (operating CF $447.69 Million minus capex $770.04 Million) represents 0% of total liabilities ($51.50 Billion). Check GDS total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.22 Billion
Operating CF − Capex

Total Liabilities

$51.50 Billion
USD

Capital Expenditures

$770.04 Million
USD

GDS Holdings Ltd Financial Flexibility Index (2014–2025)

Historical Financial Flexibility Index trend for GDS Holdings Ltd across 12 annual periods. For the full cash flow conversion analysis, see GDS cash flow metrics.

Annual Financial Flexibility Index for GDS Holdings Ltd (2014–2025)

Year-by-year free cash flow to debt coverage for GDS Holdings Ltd. Explore GDS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.15x $8.06 Billion $3.37 Billion $52.29 Billion ▲ +48.3%
2024 0.10x $5.19 Billion $1.94 Billion $49.98 Billion ▼ -32.2%
2023 0.15x $8.32 Billion $2.07 Billion $54.32 Billion ▼ -27.3%
2022 0.21x $10.66 Billion $2.86 Billion $50.63 Billion ▼ -9.0%
2021 0.23x $10.90 Billion $1.20 Billion $47.10 Billion ▼ -12.1%
2020 0.26x $8.34 Billion $320.89 Million $31.69 Billion ▲ +15.1%
2019 0.23x $4.85 Billion $293.44 Million $21.20 Billion ▼ -17.3%
2018 0.28x $4.25 Billion $-12.91 Million $15.36 Billion ▲ +51.1%
2017 0.18x $1.59 Billion $-174.61 Million $8.67 Billion ▲ +13.9%
2016 0.16x $837.47 Million $-150.23 Million $5.22 Billion ▼ -24.4%
2015 0.21x $652.68 Million $-80.30 Million $3.07 Billion ▲ +31.2%
2014 0.16x $276.29 Million $27.94 Million $1.71 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities