Cango (CANG) Debt Ratio (2017 - 2026)
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 (2017 - 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 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 0.25 |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 0.16 |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 0.16 |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 0.48 |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 0.30 |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 0.34 |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.36 |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 0.26 |
| 10 | Cango | 81.37 Mn | -128,618.41 Bn | 86,491.00 | 27.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.29 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 6.01 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 17.14 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.11 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.11 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.16 |
| Mar 31, 2021 | 0.14 |
| Dec 31, 2020 | 0.21 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();