Cango Inc (CANG) — Capital Reinvestment Ratio

Latest as of March 2020: 0.10x

Cango Inc (CANG) has a Capital Reinvestment Ratio of 0.10x as of March 2020, meaning it reinvests 0% of its operating cash flow ($422.64 Billion) in capital expenditures ($43.01 Billion). Check Cango Inc (CANG) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.10x
Capex / Operating Cash Flow

Operating Cash Flow

$422.64 Billion
USD

Capital Expenditures

$43.01 Billion
USD

Data as of

Mar 2020
Most recent filing

Cango Inc Capital Reinvestment Ratio (2016–2023)

This chart tracks Cango Inc's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see CANG operating cash flow.

Annual Capital Reinvestment Ratio for Cango Inc (2016–2023)

Year-by-year Capital Reinvestment Ratio for Cango Inc from 2016 to 2023. See how much free cash does Cango Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2023 0.00x $1.03 Billion $1.78 Million ▼ -98.3%
2019 0.10x $422.90 Million $43.03 Million ▲ +30.7%
2018 0.08x $184.79 Million $14.39 Million ▲ +378.7%
2017 0.02x $589.30 Million $9.59 Million ▼ -47.6%
2016 0.03x $83.03 Million $2.58 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow