Cango CANG
NYSE CANG
$2.27 +0.11 (+5.10%)
As of: Oct 21, 2026 · 9:39 AM EDT

Cango (CANG) Debt Ratio (2016 - 2026)

Updated

Cango's (CANG) Debt Ratio came in at 27.29 for Q2 2026, compared with 0.20 a year earlier.

Analysis

Cango (CANG) Debt Ratio (2016 - 2026) Analysis & Trends

For FY2024, Cango's Debt Ratio stood at 0.02, down 88.1% from FY2023.

  • In prior years, Cango's Debt Ratio was 0.18 in FY2023 (+29.8%), 0.14 in FY2022 (-83.2%), 0.81 in FY2021 (+522.9%) and 0.13 in FY2020 (-50.9%).
  • The Q2 2026 figure stands as the highest quarterly Debt Ratio in data going back to Q4 2017.
  • On a year-over-year basis, Debt Ratio increased in 1 of the last four quarters, with an average decline of 64.9%.
  • The strongest year-over-year quarter for Debt Ratio in the past five years was Q2 2024, with growth of 154.6%; the weakest was Q3 2024, with a decline of 99.2%.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 PayPal Holdings 49.98 Bn 8.21 Bn - 0.16
2 Block 47.10 Bn 18.40 Bn 3.17 Bn 0.18
3 Coinbase Global 45.39 Bn 2.19 Bn - 0.25
4 Corpay 26.66 Bn 16.55 Bn - 0.38
5 Fiserv 25.58 Bn 22.26 Bn 2.90 Bn 0.34
6 Global Payments 22.74 Bn 528.67 Mn 2.03 Bn 0.37
7 Guidewire Software 15.51 Bn 12.08 Bn 269.68 Mn 0.26
8 Bitmine Immersion Technologies 12.72 Bn 10.10 Bn 40.81 Mn -
9 Chime Financial 11.66 Bn 7.45 Bn 594.87 Mn 0.03
10 Cango 63.46 Mn -145,911.56 Bn 86,491.00 0.13
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.13
Mar 31, 2026 0.00
Dec 31, 2025 0.49
Sep 30, 2025 0.30
Jun 30, 2025 0.20
Mar 31, 2025 0.11
Dec 31, 2024 0.02
Sep 30, 2024 0.10
Jun 30, 2024 0.14
Mar 31, 2024 5.96
Dec 31, 2023 0.01
Sep 30, 2023 14.09
Jun 30, 2023 0.55
Mar 31, 2023 0.12
Dec 31, 2022 0.14
Sep 30, 2022 0.13
Jun 30, 2022 0.16
Mar 31, 2022 0.16
Dec 31, 2021 0.18
Sep 30, 2021 0.23
API Access

Cango Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=CANG&period=max&api_key=YOUR_API_KEY