Cango Inc. (CANG) quarterly balance sheet — complete assets, liabilities & equity history
Cango Inc. (CANG) balance sheet — 10-year assets, liabilities & shareholders' equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 942.46M | 4.94B | 289.29M | 761.9M | 4.42B | 3.46B | 3.95B | 3.96B | 3.91B | 3.88B | 4.03B | 4.41B | 5.36B | 5.47B | 6.11B | 6.15B | 6.94B | 7.61B | 7.85B | 8.18B |
| Cash & Short-Term Investments | 49.36M | 288.4M | 44.9M | 117.64M | 2.52B | 2.52B | 3.77B | 3.69B | 3.48B | 1.66B | 3.1B | 2.65B | 2.71B | 2.32B | 3.44B | 3.4B | 4.01B | 4.03B | 4.49B | 4.63B |
| Cash Only | 49.36M | 288.4M | 44.9M | 117.64M | 2.52B | 1.29B | 691.82M | 949.45M | 1.16B | 1.02B | 665.59M | 589.45M | 696.56M | 378.92M | 744.96M | 1.28B | 2.14B | 1.43B | 906.43M | 1.5B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 5.19M | 1.23B | 3.08B | 2.74B | 2.32B | 635.07M | 2.43B | 2.06B | 2.02B | 1.94B | 2.7B | 2.12B | 1.87B | 2.6B | 3.59B | 3.13B |
| Accounts Receivable | 17.5M | 4.65B | 2.9M | 418.38M | 1.52B | 107.14M | 137.12M | 183.98M | 319.77M | 465.4M | 615.92M | 1.01B | 1.33B | 1.57B | 1.66B | 2.02B | 2.24B | 2.47B | 2.52B | 2.59B |
| Days Sales Outstanding | 299.51 | 1.19K | 86.27 | 632.61 | 69.62 | 16.82 | 547.99 | 508.44 | 554.54 | 381.92 | 210.94 | 157.48 | 240.8 | 304.78 | 405.59 | 670.08 | 269.43 | 218.44 | 293.29 | 255.17 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.74M | 1.68B | 15.8M | 26.68M | 38.86M | 0 | 0 | 0 | 0 | 61.29M | 102.55M | 34.77M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | 2.66K | 705.34 | 6.41 | 4.84 | 7.28 | - | - | - | - | 8.56 | 10.35 | 4.53 |
| Other Current Assets | 875.6M | 76.66M | 241.49M | 225.88M | 373.23M | 593.27M | 42.77M | 90.82M | 113.54M | 1.76B | 309.36M | 763.15M | 1.32B | 1.57B | 1.01B | 738.57M | 80.37M | 268.89M | 843.67M | 966.11M |
| Total Non-Current Assets | 1.68B | 2.98B | 1.05B | 359.71M | 2.64B | 2.51B | 572.72M | 604.32M | 668.74M | 764.59M | 983.91M | 1.22B | 1.38B | 1.55B | 2.28B | 2.59B | 2.98B | 3.34B | 3.38B | 3.52B |
| Property, Plant & Equipment | 1.04B | 1.89B | 387.12M | 357.44M | 1.66B | 1.82B | 49.4M | 52.14M | 55.17M | 55.39M | 82.89M | 87.18M | 91.9M | 95.42M | 16.02M | 17.36M | 18.92M | 19.55M | 19.91M | 21.03M |
| Fixed Asset Turnover | 0.48x | 0.16x | 0.60x | 0.14x | 0.60x | 0.71x | 0.53x | 0.84x | 1.17x | 1.88x | 4.16x | 7.54x | 5.79x | 8.74x | 24.95x | 15.94x | 40.95x | 53.25x | 39.11x | 45.76x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 148.66M | 148.66M | 148.66M | 148.66M | 148.66M | 148.66M | 148.66M | 148.66M | 145.06M |
| Intangible Assets | 1.96M | 2.05M | 297.73K | 0 | 47.26M | 47.43M | 47.63M | 47.87M | 48.11M | 48.37M | 47.86M | 48.01M | 48.12M | 48.32M | 46.97M | 45.66M | 45.86M | 45.93M | 45.7M | 44.68M |
| Long-Term Investments | 469.25M | 2M | 660.05M | 0 | 400M | 0 | 0 | 0 | 0 | 0 | 113.17M | 178.45M | 0 | 0 | 0 | 0 | 1.06B | 1.52B | 1.53B | 1.66B |
| Other Non-Current Assets | 164.52M | 1.09B | 0 | 0 | 525.7M | 644.05M | 475.68M | 504.31M | 565.47M | 660.82M | 600.26M | 619.11M | 971.54M | 1.19B | 1.45B | 1.8B | 1.2B | 1.13B | 1.22B | 1.27B |
| Total Assets | 2.62B | 7.92B | 1.34B | 1.12B | 7.06B | 5.97B | 4.53B | 4.56B | 4.58B | 4.65B | 5.01B | 5.63B | 6.74B | 7.02B | 8.39B | 8.74B | 9.92B | 10.95B | 11.24B | 11.7B |
| Asset Turnover | 0.13x | 0.04x | 0.18x | 0.03x | 0.16x | 0.13x | 0.01x | 0.01x | 0.01x | 0.03x | 0.07x | 0.11x | 0.08x | 0.06x | 0.05x | 0.03x | 0.08x | 0.09x | 0.07x | 0.08x |
| Asset Growth % | -62.86% | 32.72% | -70.46% | -75.43% | 54.03% | 28.41% | -9.62% | -18.96% | -32.07% | -33.75% | -40.29% | -35.56% | -32.05% | -35.91% | -25.36% | -25.3% | -11.78% | -9.87% | 10.34% | 46.23% |
| Total Current Liabilities | 946.96M | 4.01M | 241.94M | 465.56M | 3.14B | 1.83B | 505.04M | 564.12M | 670.16M | 777.74M | 974.07M | 1.56B | 2.51B | 2.53B | 2.18B | 2.41B | 2.62B | 3.42B | 3.52B | 3.29B |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 2.15M | 0 | 0 | 0 | 23.8M | 615.92M | 1.01B | 1.33B | 25.04M | 1.66B | 2.02B | 2.24B | 4M | 2.52B | 2.59B |
| Days Payables Outstanding | - | - | - | - | - | 0.41 | - | - | - | 265.4 | 244.87 | 172.72 | 127.08 | 160.5 | 434.54 | 710.7 | 147.18 | 131.6 | 384.63 | 346.21 |
| Short-Term Debt | 2.84M | 4.01M | 0 | 224.91M | 790.39M | 124.58M | 649.3K | 715.34K | 27.54M | 40M | 85.86M | 348.08M | 733.59M | 914.44M | 939.18M | 1.11B | 1.13B | 1.52B | 2B | 1.9B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 7.97M | 31.6M | 20.64M | 35.05M | 55.96M | 138.32M | 128.33M | 178.33M | 234.2M | 568.27M | 0 | 0 | 0 | 403.67M | 0 | 0 |
| Other Current Liabilities | 0 | -97.87M | 0 | 0 | 20.98M | 1.3B | 33.69M | 51.97M | 81.43M | 543.76M | 151.47M | 208.32M | 283.83M | 828.59M | 484.17M | 612.25M | 697.98M | 1.22B | 678.66M | 642.66M |
| Current Ratio | 1.00x | 1231.69x | 1.20x | 1.64x | 1.41x | 1.88x | 7.83x | 7.02x | 5.84x | 4.99x | 4.13x | 2.84x | 2.14x | 2.16x | 2.80x | 2.55x | 2.65x | 2.23x | 2.23x | 2.49x |
| Quick Ratio | 1.00x | 1231.69x | 1.20x | 1.64x | 1.41x | 1.88x | 7.83x | 7.02x | 5.82x | 2.83x | 4.12x | 2.82x | 2.12x | 2.16x | 2.80x | 2.55x | 2.65x | 2.21x | 2.20x | 2.48x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 821.86 | -27.51 | -10.4 | 121 | - | - | - | - | 95.4 | -80.99 | -86.51 |
| Total Non-Current Liabilities | 222.29M | 5.14B | 406.99M | 1 | 46.51M | 47.79M | 50.71M | 53.38M | 53.56M | 53.89M | 79.58M | 83.4M | 136.34M | 163.44M | 314.2M | 462.29M | 465.99M | 538.83M | 765.55M | 1.01B |
| Long-Term Debt | 210.68M | 3.9B | 405.13M | 0 | 0 | 0 | 470.22K | 650.25K | 665.4K | 712.02K | 1.47M | 2.77M | 51.65M | 75.87M | 125.62M | 273.59M | 454.39M | 486.37M | 638.45M | 836.81M |
| Capital Lease Obligations | 11.62M | 11.57M | 1.85M | 0 | 35.77M | 37.04M | 39.38M | 41.86M | 42.03M | 42.23M | 67.05M | 69.62M | 73.66M | 76.53M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 7 | 7 | 1 | 1 | 10.72M | 1 | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 10.72M | 51.47M | 125.51M | 171.71M |
| Other Non-Current Liabilities | -7 | 1.23B | 0 | 0 | 18.13K | 10.74M | 140.04K | -34.91M | 10.87M | 226.03K | 347.24K | 278.45K | 305.42K | 314.29K | 177.85M | 177.97M | 875.37K | 991.61K | 1.6M | 2.48M |
| Total Liabilities | 1.17B | 5.15B | 648.93M | 465.56M | 3.19B | 1.88B | 555.75M | 617.5M | 723.72M | 831.63M | 1.05B | 1.64B | 2.64B | 2.69B | 2.49B | 2.87B | 3.08B | 3.96B | 4.29B | 4.3B |
| Total Debt | 225.14M | 3.91B | 407.48M | 224.91M | 833.8M | 169.54M | 48.51M | 50.76M | 78.89M | 90.54M | 164.66M | 431.16M | 869.28M | 1.08B | 1.06B | 1.38B | 1.59B | 2B | 2.64B | 2.74B |
| Net Debt | 175.78M | 3.63B | 362.58M | 107.27M | -1.68B | -1.12B | -643.31M | -898.69M | -1.08B | -930.06M | -500.93M | -158.28M | 172.72M | 697.84M | 319.84M | 103.62M | -548.21M | 569.36M | 1.73B | 1.24B |
| Debt / Equity | 0.16x | 1.41x | 0.59x | 0.34x | 0.22x | 0.04x | 0.01x | 0.01x | 0.02x | 0.02x | 0.04x | 0.11x | 0.21x | 0.25x | 0.18x | 0.24x | 0.23x | 0.29x | 0.38x | 0.37x |
| Debt / EBITDA | - | - | 8.80x | - | - | 7.01x | 1.31x | - | 1.04x | - | - | - | 16.34x | - | - | - | - | - | - | 176.40x |
| Net Debt / EBITDA | - | - | 7.83x | - | - | -46.29x | -17.43x | - | -14.21x | - | - | - | 3.25x | - | - | - | - | - | - | 79.84x |
| Interest Coverage | -4.95x | -29.85x | 6.28x | -87.48x | -20.46x | 79.29x | - | - | - | - | -261.85x | -4.46x | 33.86x | 5.40x | 14.12x | -79.92x | 9.54x | -13.54x | 1.98x | 209.76x |
| Total Equity | 1.45B | 2.78B | 688.46M | 656.05M | 3.87B | 4.09B | 3.97B | 3.95B | 3.86B | 3.82B | 3.96B | 3.99B | 4.1B | 4.32B | 5.89B | 5.87B | 6.84B | 6.99B | 6.95B | 7.4B |
| Equity Growth % | -62.48% | -32.06% | -82.67% | -83.38% | 0.28% | 7.06% | 0.41% | -1.16% | -5.96% | -11.68% | -32.89% | -31.94% | -40.06% | -38.18% | -15.22% | -20.77% | -1.31% | -16.53% | 0.25% | 40.73% |
| Book Value per Share | 40.46 | 78.29 | 17.93 | 15.32 | 93.16 | 87.70 | 87.36 | 86.82 | 85.49 | 87.46 | 90.23 | 72.15 | 73.11 | 79.86 | 107.99 | 106.58 | 122.86 | 122.98 | 120.30 | 124.59 |
| Total Shareholders' Equity | 1.45B | 2.78B | 688.46M | 656.05M | 3.87B | 4.09B | 3.97B | 3.95B | 3.86B | 3.82B | 3.96B | 3.99B | 4.1B | 4.32B | 5.89B | 5.87B | 6.84B | 6.99B | 6.95B | 7.4B |
| Common Stock | 342.71K | 308.87K | 44.17K | 42.42K | 199.09K | 199.09K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K |
| Retained Earnings | -6.17B | -4.44B | -343.83M | -328.9M | -243.17M | -35.81M | -91.7M | -159.58M | -245.6M | -335.63M | -231.85M | -182.76M | -218.99M | 9.11M | 1.53B | 1.66B | 2.86B | 2.99B | 2.87B | 3.28B |
| Treasury Stock | -718.72M | -723.21M | -110.01M | -104.46M | -754.2M | -756.52M | -782.8M | -780.07M | -844.94M | -773.13M | -780.46M | -781.37M | -554.73M | -559.01M | -546.27M | -546.22M | -503.65M | -485.26M | -411.08M | -356.91M |
| Accumulated OCI | 0 | 0 | 0 | 16.43M | 114.57M | 152.88M | 98.8M | 140.58M | 132.74M | 111.85M | 146.2M | 138.39M | 60.34M | 66.36M | 110.88M | -30.73M | -203.8M | -187.52M | -153.21M | -147.25M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |