Cango (CANG) Debt to Equity (2017 - 2024)
Cango (CANG) recorded quarterly Debt to Equity of $0.03 in Q4 2024, up 5112.67% quarter-over-quarter from $0.0 in Q4 2023, and up 5112.67% on a YoY basis from $0.0 in Q1 2024.
Cango (CANG) Debt to Equity (2017 - 2024) Analysis & Trends
Cango's Debt to Equity history runs 8 years deep, the most recent figure standing at $0.03 for Q4 2024.
- In Q4 2024, Debt to Equity rose 5112.67% year-over-year to $0.03; the TTM figure through Dec 2024 stood at $0.03 (up 5112.67% YoY), while the FY2024 annual figure was $0.03, up 7095.13% from the prior year.
- Debt to Equity was $0.03 for Q4 2024 at Cango, up from $0.0 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.34 in Q1 2020 to a low of $0.0 in Q4 2023.
- Historically, Debt to Equity has averaged $0.14 across 5 years, with a median of $0.11 in 2023.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity tumbled 99.61% in 2023, then soared 5112.67% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.26 in 2020, then decreased by 22.66% to $0.2 in 2021, then decreased by 27.21% to $0.15 in 2022, then slumped by 99.61% to $0.0 in 2023, then jumped by 5112.67% to $0.03 in 2024.
- The last three Debt to Equity figures came in at $0.03 (Q4 2024), $0.0 (Q4 2023), and $0.03 (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | 0.00 |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 1.04 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 2.11 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | - |
| 10 | Cango | 88.70 Mn | 47.45 Mn | 24.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.00 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.11 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.05 |
| Mar 31, 2022 | 0.07 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.11 |
| Mar 31, 2021 | 0.27 |
| Dec 31, 2020 | 0.26 |
| Sep 30, 2020 | 0.28 |
| Jun 30, 2020 | 0.26 |
| Mar 31, 2020 | 0.34 |
| Dec 31, 2019 | 0.32 |
| Dec 31, 2018 | 0.22 |
| Jun 30, 2018 | -0.29 |
| Dec 31, 2017 | -0.07 |