Cango Short Long Term Debt Total from 2010 to 2024

CANG Stock  USD 3.90  0.24  5.80%   
Cango's Short and Long Term Debt Total is increasing over the last several years with slightly volatile swings. Short and Long Term Debt Total is predicted to flatten to about 86 M. During the period from 2010 to 2024 Cango Inc Short and Long Term Debt Total regressed destribution of quarterly values had coefficient of variationof  105.88 and r-value of  0.36. View All Fundamentals
 
Short and Long Term Debt Total  
First Reported
2016-12-31
Previous Quarter
50.8 M
Current Value
48.5 M
Quarterly Volatility
B
 
Covid
Check Cango financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cango's main balance sheet or income statement drivers, such as Tax Provision of 183.4 M, Net Interest Income of 45.5 M or Interest Income of 57.8 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 1.43 or PTB Ratio of 0.24. Cango financial statements analysis is a perfect complement when working with Cango Valuation or Volatility modules.
  
Check out the analysis of Cango Correlation against competitors.

Latest Cango's Short Long Term Debt Total Growth Pattern

Below is the plot of the Short Long Term Debt Total of Cango Inc over the last few years. It is Cango's Short and Long Term Debt Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cango's overall financial position and show how it may be relating to other accounts over time.
Short Long Term Debt Total10 Years Trend
Slightly volatile
   Short Long Term Debt Total   
       Timeline  

Cango Short Long Term Debt Total Regression Statistics

Arithmetic Mean846,828,505
Geometric Mean495,861,378
Coefficient Of Variation105.88
Mean Deviation748,532,436
Median319,662,329
Standard Deviation896,614,734
Sample Variance803918T
Range2.5B
R-Value0.36
Mean Square Error754853.5T
R-Squared0.13
Significance0.19
Slope71,757,430
Total Sum of Squares11254851.7T

Cango Short Long Term Debt Total History

202486 M
202390.5 M
20221.1 B
2021B
20202.6 B
20192.6 B
20181.6 B

About Cango Financial Statements

Cango stakeholders use historical fundamental indicators, such as Cango's Short Long Term Debt Total, to determine how well the company is positioned to perform in the future. Although Cango investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cango's assets and liabilities are reflected in the revenues and expenses on Cango's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cango Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short and Long Term Debt Total90.5 M86 M

Currently Active Assets on Macroaxis

When determining whether Cango Inc is a strong investment it is important to analyze Cango's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cango's future performance. For an informed investment choice regarding Cango Stock, refer to the following important reports:
Check out the analysis of Cango Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cango. If investors know Cango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cango listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.923
Earnings Share
0.18
Revenue Per Share
2.528
Quarterly Revenue Growth
(0.92)
Return On Assets
0.0154
The market value of Cango Inc is measured differently than its book value, which is the value of Cango that is recorded on the company's balance sheet. Investors also form their own opinion of Cango's value that differs from its market value or its book value, called intrinsic value, which is Cango's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cango's market value can be influenced by many factors that don't directly affect Cango's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cango's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cango is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cango's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.