Cango (CANG) Debt to Equity (2017 - 2025)

Cango (CANG) posted quarterly Debt to Equity of $0.01 for Q4 2025, down 58.48% year-over-year from $0.03 in Q4 2024, and down 58.48% on a QoQ basis from $0.03 in Q4 2024.

Cango (CANG) Debt to Equity (2017 - 2025) Analysis & Trends

Cango (CANG) has reported Debt to Equity for 9 consecutive years, with $0.01 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Debt to Equity fell 58.48% year-over-year to $0.01; the TTM figure through Dec 2025 stood at $0.01 (down 58.48% YoY), while the FY2025 annual figure was $0.01, down 59.57% from the prior year.
  • Debt to Equity came in at $0.01 for Q4 2025 at Cango, down from $0.03 in the prior quarter.
  • The five-year high for Debt to Equity was $0.27 in Q1 2021, with the low at $0.0 in Q4 2023.
  • Average Debt to Equity over 5 years is $0.14, with a median of $0.15 recorded in 2022.
  • Across the five-year window, Debt to Equity plunged 99.61% in 2023 and soared 5112.67% in 2024, its largest moves.
  • Year by year, Debt to Equity stood at $0.2 in 2021, then declined by 27.21% to $0.15 in 2022, then tumbled by 99.61% to $0.0 in 2023, then jumped by 5112.67% to $0.03 in 2024, then tumbled by 58.48% to $0.01 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.01, $0.03, and $0.0 for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.04
2 Goldman Sachs 309.79 Bn -627.76 Bn - 2.11
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.00
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 Cango 9,065.91 -41.23 Mn 24.17 Mn 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Dec 31, 2024 0.03
Dec 31, 2023 0.00
Dec 31, 2022 0.15
Dec 31, 2021 0.20
Dec 31, 2020 0.26
Dec 31, 2019 0.32
Dec 31, 2018 0.22
Dec 31, 2017 -0.07