Cango Inc (CANG) - Total Liabilities
Based on the latest financial reports, Cango Inc (CANG) has total liabilities worth $4.62 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore CANG cash generation efficiency to assess how effectively this company generates cash.
Cango Inc - Total Liabilities Trend (2016–2024)
This chart illustrates how Cango Inc's total liabilities have evolved over time, based on quarterly financial data. Check CANG asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Cango Inc Competitors by Total Liabilities
The table below lists competitors of Cango Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Chesapeake Gold Corp.
V:CKG
|
Canada | CA$12.12 Million |
|
Summit Securities Limited
NSE:SUMMITSEC
|
India | Rs17.10 Billion |
|
Silicon Power Computer & Communications
TWO:4973
|
Taiwan | NT$1.00 Billion |
|
Spurcorp
JSE:SUR
|
South Africa | ZAC608.93 Million |
|
Richardson Electronics Ltd
NASDAQ:RELL
|
USA | $43.29 Million |
|
Zinus Inc
KO:013890
|
Korea | ₩453.05 Billion |
|
Hawesko Holding AG
XETRA:HAW
|
Germany | €301.92 Million |
|
Isu Chemical Co Ltd
KO:005950
|
Korea | ₩665.04 Billion |
Liability Composition Analysis (2016–2024)
This chart breaks down Cango Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Cango Inc stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.20 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.94 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.49 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Cango Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Cango Inc (2016–2024)
The table below shows the annual total liabilities of Cango Inc from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $1.88 Billion | +126.39% |
| 2023-12-31 | $831.63 Million | -69.13% |
| 2022-12-31 | $2.69 Billion | -31.90% |
| 2021-12-31 | $3.96 Billion | +4.93% |
| 2020-12-31 | $3.77 Billion | +16.20% |
| 2019-12-31 | $3.24 Billion | +58.62% |
| 2018-12-31 | $2.05 Billion | -56.27% |
| 2017-12-31 | $4.68 Billion | +5.24% |
| 2016-12-31 | $4.45 Billion | -- |
About Cango Inc
Cango Inc. operates bitcoin mining business with mining operation across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas.