Cango (CANG) Non-Current Debt (2017 - 2024)
Cango (CANG) recorded Non-Current Debt of $92.53 million in Q3 2024, down 96.0% from $2.3 billion a year earlier and down 6.0% from the prior quarter.
Cango (CANG) Non-Current Debt (2017 - 2024) Analysis & Trends
At the end of FY2023, Cango reported Non-Current Debt of $100.29 million, up 811.7% from FY2022.
- Annual Non-Current Debt has a five-year compound annual growth rate of 7.8% (FY2018 to FY2023).
- Across earlier years, Non-Current Debt came in at $11 million in FY2022 (-85.6%), $76.32 million in FY2021 (-46.2%) and $141.77 million in FY2020.
- The Q3 2024 figure is the lowest quarterly Non-Current Debt since Q2 2023.
- On a year-over-year basis, Non-Current Debt rose in three of the last seven quarters, with growth averaging 159.5%.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 827.0% in Q4 2023, against a decline of 96.0% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $98.43 million (Q2 2024), $123.04 million (Q1 2024) and $98.89 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 5.94 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 10.90 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 5.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 7.42 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 6.10 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 26.68 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 21.49 Bn |
| 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 | 678.09 Mn |
| 10 | Cango | 81.37 Mn | -128,618.41 Bn | 86,491.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 92.53 Mn |
| Jun 30, 2024 | 98.43 Mn |
| Mar 31, 2024 | 123.04 Mn |
| Dec 31, 2023 | 98.89 Mn |
| Sep 30, 2023 | 2.30 Bn |
| Jun 30, 2023 | 16.18 Mn |
| Mar 31, 2023 | 58.14 Mn |
| Dec 31, 2022 | 10.67 Mn |
| Sep 30, 2022 | 102.65 Mn |
| Jun 30, 2022 | 128.18 Mn |
| Mar 31, 2022 | 148.51 Mn |
| Dec 31, 2021 | 76.07 Mn |
| Sep 30, 2021 | 156.27 Mn |
| Jun 30, 2021 | 173.87 Mn |
| Mar 31, 2021 | 152.75 Mn |
| Dec 31, 2020 | 147.54 Mn |
| Sep 30, 2020 | 183.12 Mn |
| Jun 30, 2020 | 152.36 Mn |
| Mar 31, 2020 | 190.44 Mn |
| Sep 30, 2019 | 103.03 Mn |
Cango Non-Current Debt 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=non-current-debt&ticker=CANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();