GDS Other Current Assets vs Accounts Payable Analysis

GDS Stock  USD 20.85  0.63  2.93%   
GDS Holdings financial indicator trend analysis is much more than just examining GDS Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDS Holdings is a good investment. Please check the relationship between GDS Holdings Other Current Assets and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDS Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy GDS Stock please use our How to Invest in GDS Holdings guide.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDS Holdings Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between GDS Holdings' Other Current Assets and Accounts Payable is 0.78. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of GDS Holdings, assuming nothing else is changed. The correlation between historical values of GDS Holdings' Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of GDS Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., GDS Holdings' Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents GDS Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of GDS Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from GDS Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDS Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDS Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy GDS Stock please use our How to Invest in GDS Holdings guide.At this time, GDS Holdings' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 78.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 608.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.6B1.8B2.0B2.1B
Depreciation And Amortization2.7B3.3B3.6B3.8B

GDS Holdings fundamental ratios Correlations

0.910.780.960.970.880.920.930.920.85-0.770.970.860.930.930.960.850.860.910.940.920.520.90.490.770.99
0.910.630.860.850.990.911.00.870.98-0.940.870.721.00.840.850.990.721.00.880.810.491.00.40.660.89
0.780.630.840.870.570.840.670.560.49-0.450.880.920.680.870.880.530.920.620.660.750.380.630.710.80.83
0.960.860.840.950.820.870.890.840.8-0.670.960.830.90.950.980.780.830.840.950.870.50.850.670.90.95
0.970.850.870.950.80.940.890.870.75-0.680.980.950.890.910.950.770.950.850.880.890.510.850.510.770.99
0.880.990.570.820.80.880.980.860.98-0.960.830.670.980.80.80.990.670.990.840.810.430.990.340.60.85
0.920.910.840.870.940.880.930.820.81-0.810.940.930.930.870.890.870.930.920.790.870.420.920.410.650.95
0.931.00.670.890.890.980.930.890.97-0.920.890.761.00.850.870.980.760.990.890.830.51.00.410.680.91
0.920.870.560.840.870.860.820.890.83-0.740.850.750.880.790.820.830.750.890.840.870.50.870.190.530.89
0.850.980.490.80.750.980.810.970.83-0.960.770.570.970.760.770.990.570.970.860.740.470.980.360.610.8
-0.77-0.94-0.45-0.67-0.68-0.96-0.81-0.92-0.74-0.96-0.71-0.55-0.92-0.68-0.68-0.98-0.55-0.94-0.74-0.69-0.43-0.95-0.24-0.47-0.75
0.970.870.880.960.980.830.940.890.850.77-0.710.920.90.970.980.790.920.860.870.940.450.860.550.780.99
0.860.720.920.830.950.670.930.760.750.57-0.550.920.760.840.870.641.00.740.690.830.390.730.420.630.92
0.931.00.680.90.890.980.931.00.880.97-0.920.90.760.860.880.970.760.990.90.830.50.990.440.710.91
0.930.840.870.950.910.80.870.850.790.76-0.680.970.840.860.980.760.840.820.860.910.430.830.670.840.92
0.960.850.880.980.950.80.890.870.820.77-0.680.980.870.880.980.770.870.830.910.910.470.840.670.870.96
0.850.990.530.780.770.990.870.980.830.99-0.980.790.640.970.760.770.640.990.820.760.460.990.310.570.82
0.860.720.920.830.950.670.930.760.750.57-0.550.921.00.760.840.870.640.740.690.830.390.730.420.630.92
0.911.00.620.840.850.990.920.990.890.97-0.940.860.740.990.820.830.990.740.850.820.471.00.330.610.89
0.940.880.660.950.880.840.790.890.840.86-0.740.870.690.90.860.910.820.690.850.790.570.860.590.850.9
0.920.810.750.870.890.810.870.830.870.74-0.690.940.830.830.910.910.760.830.820.790.220.820.40.630.93
0.520.490.380.50.510.430.420.50.50.47-0.430.450.390.50.430.470.460.390.470.570.220.480.280.470.47
0.91.00.630.850.850.990.921.00.870.98-0.950.860.730.990.830.840.990.731.00.860.820.480.380.640.88
0.490.40.710.670.510.340.410.410.190.36-0.240.550.420.440.670.670.310.420.330.590.40.280.380.920.47
0.770.660.80.90.770.60.650.680.530.61-0.470.780.630.710.840.870.570.630.610.850.630.470.640.920.74
0.990.890.830.950.990.850.950.910.890.8-0.750.990.920.910.920.960.820.920.890.90.930.470.880.470.74
Click cells to compare fundamentals

GDS Holdings Account Relationship Matchups

GDS Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.5B57.3B71.6B74.8B74.4B39.7B
Short Long Term Debt Total17.0B24.6B37.8B44.7B48.0B50.4B
Other Current Liab811.9M2.4B2.5B759.4M988.2M975.9M
Total Current Liabilities4.0B7.6B13.5B10.6B8.3B5.9B
Total Stockholder Equity10.3B25.6B24.5B24.1B20.0B13.4B
Other Liab587.8M811.3M1.3B1.7B1.9B2.0B
Net Tangible Assets7.2B21.5B15.5B14.9B17.1B18.0B
Property Plant And Equipment Net20.0B32.7B44.7B52.6B52.9B55.6B
Current Deferred Revenue96.3M96.7M91.0M156.1M119.9M90.6M
Net Debt11.1B8.4B27.8B36.1B40.3B42.3B
Retained Earnings(2.1B)(2.7B)(3.9B)(5.2B)(9.5B)(9.0B)
Accounts Payable1.7B3.7B3.9B3.1B3.4B2.1B
Cash5.8B16.3B10.0B8.6B7.7B6.1B
Non Current Assets Total24.4B38.9B57.2B62.9B63.5B66.6B
Non Currrent Assets Other1.4B2.2B3.5B1.9B2.4B1.5B
Other Assets1.4B2.2B3.5B2.2B2.5B1.3B
Long Term Debt10.1B12.5B20.2B27.8B35.1B36.9B
Cash And Short Term Investments5.8B16.3B10.0B8.6B7.7B6.1B
Net Receivables1.0B1.5B1.7B2.4B2.5B2.7B
Good Will2.3B3.4B8.4B8.1B7.1B4.0B
Common Stock Total Equity320K341K412K507K583.1K313.0K
Common Stock Shares Outstanding137.9M156.7M181.6M183.1M183.5M154.5M
Liabilities And Stockholders Equity31.5B57.3B71.6B74.8B74.4B39.7B
Non Current Liabilities Total17.2B24.0B33.6B40.0B46.0B48.3B
Inventory115.2M250.8M2.2B1.0217.1M355.6M
Other Current Assets148.6M579.0M2.8B936.9M727.0M579.4M
Other Stockholder Equity11.3B28.7B28.0B29.0B29.3B15.9B
Total Liab21.2B31.7B47.1B50.6B54.3B57.0B
Property Plant And Equipment Gross20.0B32.7B44.7B52.6B68.1B71.5B
Short Long Term Debt1.1B2.2B5.9B5.7B2.8B2.3B
Total Current Assets7.1B18.3B14.5B12.0B11.0B8.0B
Accumulated Other Comprehensive Income(52.7M)(439.6M)(599.2M)(848.4M)(974.4M)(925.7M)
Short Term Debt1.4B2.5B6.8B6.3B3.6B2.7B
Intangible Assets747.2M678.2M635.0M23.0M710.9M515.5M
Common Stock341K412K507K516K593.4K388.4K
Property Plant Equipment20.0B32.7B44.7B52.6B60.4B63.5B
Capital Lease Obligations5.7B10.0B11.7B11.2B10.0B6.9B
Non Current Liabilities Other6.2M811.3M1.3B1.7B55.9M53.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for GDS Stock Analysis

When running GDS Holdings' price analysis, check to measure GDS Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GDS Holdings is operating at the current time. Most of GDS Holdings' value examination focuses on studying past and present price action to predict the probability of GDS Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDS Holdings' price. Additionally, you may evaluate how the addition of GDS Holdings to your portfolios can decrease your overall portfolio volatility.