Cango Inc (CANG)
1.50
0.00 (0.00%)
USD |
NYSE |
May 01, 16:00
1.50
0.00 (0.00%)
After-Hours: 20:00
Cango Debt to Equity Ratio: 0.0107 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| December 31, 2020 | 0.3059 |
| Date | Value |
|---|---|
| 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
0.0107
Minimum
Dec 2023
0.5518
Maximum
Mar 2020
0.2881
Average
0.3059
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| Secoo Holding Ltd | -- |
| Boqii Holding Ltd | 0.2601 |
| Lotus Technology Inc | -0.6814 |
| China Automotive Systems Inc | 0.413 |
| Trip.com Group Ltd | 0.3679 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 655.79M |
| Total Liabilities (Quarterly) | 117.32M |
| Shareholders Equity (Quarterly) | 538.47M |
| Current Ratio | 4.994 |
| Net Debt Paydown Yield | 25.87% |