Cango Inc (CANG)
2.97
+0.12
(+4.21%)
USD |
NYSE |
Nov 04, 13:15
Cango Debt to Equity Ratio: 0.0003 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.0003 |
| March 31, 2024 | 0.0073 |
| December 31, 2023 | 0.0107 |
| September 30, 2023 | 0.0221 |
| June 30, 2023 | 0.0879 |
| March 31, 2023 | 0.1915 |
| December 31, 2022 | 0.2577 |
| September 30, 2022 | 0.1807 |
| June 30, 2022 | 0.236 |
| March 31, 2022 | 0.2322 |
| December 31, 2021 | 0.3044 |
| September 30, 2021 | 0.3794 |
| June 30, 2021 | 0.3698 |
| March 31, 2021 | 0.3433 |
| Date | Value |
|---|---|
| December 31, 2020 | 0.3059 |
| September 30, 2020 | 0.3435 |
| June 30, 2020 | 0.4154 |
| March 31, 2020 | 0.5518 |
| December 31, 2019 | 0.4755 |
| September 30, 2019 | 0.3869 |
| June 30, 2019 | 0.3788 |
| March 31, 2019 | 0.3583 |
| December 31, 2018 | 0.3047 |
| September 30, 2018 | 0.2038 |
| June 30, 2018 | -0.28 |
| March 31, 2018 | 0.0373 |
| December 31, 2017 | -0.0646 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0003
Minimum
Jun 2024
0.5518
Maximum
Mar 2020
0.2482
Average
0.2577
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Boqii Holding Ltd | 0.2636 |
| JD.com Inc | 0.2826 |
| MOGU Inc | 0.00 |
| Tuniu Corp | 0.00 |
| Baozun Inc | 0.392 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 628.01M |
| Total Liabilities (Quarterly) | 84.96M |
| Shareholders Equity (Quarterly) | 543.05M |
| Current Ratio | 7.020 |
| Net Debt Paydown Yield | 13.07% |