Cango (CANG) Debt Ratio (2017 - 2024)

Cango's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.02 for Q4 2024.

• In Q4 2024, Debt Ratio rose 5822.14% year-over-year to 0.02; the TTM figure through Dec 2024 stood at 0.02 (up 5822.14% YoY), while the FY2024 annual figure was 0.02, up 5888.23% from the prior year.
• Debt Ratio was 0.02 for Q4 2024 at Cango, up from 0.0 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.2 in Q1 2020 to a low of 0.0 in Q3 2024.
• Historically, Debt Ratio has averaged 0.07 across 5 years, with a median of 0.05 in 2021.
• Biggest YoY gain for Debt Ratio was 5822.14% in 2024; the steepest drop was 99.78% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.18 in 2020, then dropped by 28.38% to 0.13 in 2021, then retreated by 29.78% to 0.09 in 2022, then slumped by 99.61% to 0.0 in 2023, then jumped by 5822.14% to 0.02 in 2024.
• The last three Debt Ratio figures came in at 0.02 (Q4 2024), 0.0 (Q3 2024), and 0.0 (Q2 2024), per Business Quant data.