Cango Total Assets vs Net Receivables Analysis

CANG Stock

USD 4.90 0.21 4.48%

Cango financial indicator trend analysis is way more than just evaluating Cango Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cango Inc is a good investment. Please check the relationship between Cango Total Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cango Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cango Inc Total Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cango's Total Assets and Net Receivables is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Cango Inc, assuming nothing else is changed. The correlation between historical values of Cango's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Cango Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Cango's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Cango assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cango Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Cango's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cango Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cango Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

At this time, Cango's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Cango's current Enterprise Value Over EBITDA is estimated to increase to 61.79, while Tax Provision is projected to decrease to roughly 1.3 M.

	2022	2023	2024	2025 (projected)
Net Interest Income	26.9M	66.4M	105.7M	53.4M
Tax Provision	236.7M	361.9M	1.3M	1.3M

Net Interest Income Tax Provision

Cango fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		0.8	0.76	0.94	0.98	0.5	0.97	0.22	0.55	0.13	0.99	0.17	0.76	0.95	0.81	0.99	0.55	0.98	0.97	0.88	-0.23	0.84	0.74	-0.84	0.89	0.38
Short Long Term Debt Total	0.8		0.39	0.77	0.71	0.57	0.69	-0.28	0.39	0.49	0.77	0.09	0.66	0.8	0.77	0.8	0.79	0.76	0.86	0.55	0.38	0.63	0.48	-0.46	0.5	-0.12
Other Current Liab	0.76	0.39		0.85	0.77	0.14	0.78	0.48	0.71	0.06	0.75	0.12	0.41	0.73	0.48	0.7	0.1	0.71	0.73	0.81	-0.47	0.72	0.57	-0.78	0.79	0.58
Total Current Liabilities	0.94	0.77	0.85		0.91	0.3	0.9	0.25	0.65	0.21	0.91	0.14	0.67	0.93	0.81	0.92	0.39	0.87	0.95	0.84	-0.21	0.75	0.66	-0.83	0.85	0.42
Total Stockholder Equity	0.98	0.71	0.77	0.91		0.39	1.0	0.28	0.54	-0.01	0.98	0.3	0.8	0.92	0.83	0.96	0.43	0.95	0.91	0.96	-0.37	0.77	0.83	-0.93	0.95	0.51
Other Liab	0.5	0.57	0.14	0.3	0.39		0.38	-0.16	0.08	0.52	0.52	-0.18	0.17	0.41	0.13	0.46	0.85	0.61	0.53	0.2	0.31	0.77	0.06	-0.07	0.18	-0.27
Net Tangible Assets	0.97	0.69	0.78	0.9	1.0	0.38		0.3	0.53	-0.03	0.98	0.31	0.8	0.91	0.81	0.95	0.41	0.94	0.89	0.97	-0.39	0.76	0.84	-0.93	0.96	0.53
Property Plant And Equipment Net	0.22	-0.28	0.48	0.25	0.28	-0.16	0.3		-0.12	-0.55	0.2	-0.3	0.17	0.31	0.12	0.22	-0.39	0.24	0.1	0.38	-0.84	0.16	0.34	-0.46	0.49	0.72
Current Deferred Revenue	0.55	0.39	0.71	0.65	0.54	0.08	0.53	-0.12		0.34	0.54	0.55	0.16	0.39	0.36	0.46	0.11	0.47	0.6	0.51	-0.08	0.56	0.29	-0.51	0.48	0.3
Net Debt	0.13	0.49	0.06	0.21	-0.01	0.52	-0.03	-0.55	0.34		0.1	-0.14	-0.32	0.05	-0.06	0.08	0.5	0.1	0.33	-0.16	0.7	0.4	-0.4	0.25	-0.21	-0.45
Retained Earnings	0.99	0.77	0.75	0.91	0.98	0.52	0.98	0.2	0.54	0.1		0.21	0.77	0.93	0.77	0.98	0.57	0.98	0.95	0.89	-0.24	0.85	0.75	-0.84	0.88	0.36
Accounts Payable	0.17	0.09	0.12	0.14	0.3	-0.18	0.31	-0.3	0.55	-0.14	0.21		0.25	-0.01	0.34	0.1	-0.15	0.12	0.11	0.38	-0.18	0.01	0.39	-0.42	0.33	0.37
Cash	0.76	0.66	0.41	0.67	0.8	0.17	0.8	0.17	0.16	-0.32	0.77	0.25		0.83	0.89	0.81	0.41	0.75	0.65	0.77	-0.22	0.35	0.89	-0.74	0.75	0.28
Non Current Assets Total	0.95	0.8	0.73	0.93	0.92	0.41	0.91	0.31	0.39	0.05	0.93	-0.01	0.83		0.84	0.97	0.52	0.93	0.92	0.84	-0.2	0.72	0.75	-0.79	0.84	0.33
Non Currrent Assets Other	0.81	0.77	0.48	0.81	0.83	0.13	0.81	0.12	0.36	-0.06	0.77	0.34	0.89	0.84		0.82	0.34	0.73	0.77	0.78	-0.16	0.4	0.81	-0.79	0.79	0.4
Other Assets	0.99	0.8	0.7	0.92	0.96	0.46	0.95	0.22	0.46	0.08	0.98	0.1	0.81	0.97	0.82		0.56	0.96	0.95	0.85	-0.21	0.78	0.75	-0.82	0.86	0.32
Long Term Debt	0.55	0.79	0.1	0.39	0.43	0.85	0.41	-0.39	0.11	0.5	0.57	-0.15	0.41	0.52	0.34	0.56		0.64	0.62	0.22	0.53	0.64	0.24	-0.07	0.16	-0.5
Cash And Short Term Investments	0.98	0.76	0.71	0.87	0.95	0.61	0.94	0.24	0.47	0.1	0.98	0.12	0.75	0.93	0.73	0.96	0.64		0.93	0.84	-0.22	0.88	0.74	-0.78	0.84	0.31
Net Receivables	0.97	0.86	0.73	0.95	0.91	0.53	0.89	0.1	0.6	0.33	0.95	0.11	0.65	0.92	0.77	0.95	0.62	0.93		0.77	-0.06	0.86	0.62	-0.73	0.78	0.24
Common Stock Total Equity	0.88	0.55	0.81	0.84	0.96	0.2	0.97	0.38	0.51	-0.16	0.89	0.38	0.77	0.84	0.78	0.85	0.22	0.84	0.77		-0.52	0.64	0.87	-0.97	0.97	0.67
Common Stock Shares Outstanding	-0.23	0.38	-0.47	-0.21	-0.37	0.31	-0.39	-0.84	-0.08	0.7	-0.24	-0.18	-0.22	-0.2	-0.16	-0.21	0.53	-0.22	-0.06	-0.52		-0.11	-0.48	0.63	-0.61	-0.88
Short Term Investments	0.84	0.63	0.72	0.75	0.77	0.77	0.76	0.16	0.56	0.4	0.85	0.01	0.35	0.72	0.4	0.78	0.64	0.88	0.86	0.64	-0.11		0.41	-0.56	0.64	0.2
Long Term Debt Total	0.74	0.48	0.57	0.66	0.83	0.06	0.84	0.34	0.29	-0.4	0.75	0.39	0.89	0.75	0.81	0.75	0.24	0.74	0.62	0.87	-0.48	0.41		-0.86	0.86	0.51
Non Current Liabilities Total	-0.84	-0.46	-0.78	-0.83	-0.93	-0.07	-0.93	-0.46	-0.51	0.25	-0.84	-0.42	-0.74	-0.79	-0.79	-0.82	-0.07	-0.78	-0.73	-0.97	0.63	-0.56	-0.86		-0.99	-0.77
Capital Surpluse	0.89	0.5	0.79	0.85	0.95	0.18	0.96	0.49	0.48	-0.21	0.88	0.33	0.75	0.84	0.79	0.86	0.16	0.84	0.78	0.97	-0.61	0.64	0.86	-0.99		0.73
Inventory	0.38	-0.12	0.58	0.42	0.51	-0.27	0.53	0.72	0.3	-0.45	0.36	0.37	0.28	0.33	0.4	0.32	-0.5	0.31	0.24	0.67	-0.88	0.2	0.51	-0.77	0.73

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Cango Account Relationship Matchups

Cango fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.1B	10.9B	7.0B	4.6B	6.0B	7.3B
Short Long Term Debt Total	2.6B	2.0B	1.1B	90.5M	169.5M	161.1M
Other Current Liab	780.5M	1.4B	1.3B	385.2M	1.4B	782.3M
Total Current Liabilities	2.5B	3.4B	2.5B	777.7M	1.8B	2.0B
Total Stockholder Equity	8.4B	7.0B	4.3B	3.8B	4.1B	3.9B
Other Liab	34.1M	335.6M	52.5M	11.0M	12.7M	12.1M
Net Tangible Assets	5.3B	8.2B	6.8B	4.1B	4.7B	3.6B
Property Plant And Equipment Net	10.3M	19.5M	95.4M	55.4M	1.8B	1.9B
Current Deferred Revenue	136.9M	403.7M	568.3M	138.3M	31.6M	30.0M
Net Debt	1.1B	569.4M	697.8M	(930.1M)	(1.1B)	(1.1B)
Retained Earnings	4.0B	3.0B	9.1M	(335.6M)	(35.8M)	(34.0M)
Accounts Payable	5.1M	4.0M	25.0M	23.8M	2.2M	2.0M
Cash	1.4B	1.4B	378.9M	1.0B	1.3B	1.0B
Non Current Assets Total	3.2B	3.3B	1.5B	764.6M	2.5B	2.3B
Non Currrent Assets Other	1.1B	1.1B	1.2B	660.8M	644.0M	1.2B
Other Assets	2.4B	3.0B	3.1B	1.3B	1.4B	2.0B
Long Term Debt	977.8M	486.4M	75.9M	712.0K	640.8K	608.8K
Cash And Short Term Investments	5.8B	4.0B	2.3B	1.7B	2.5B	2.8B
Net Receivables	2.5B	2.5B	1.6B	465.4M	684.9M	1.4B
Common Stock Shares Outstanding	152.0M	144.9M	137.0M	121.5M	116.5M	112.0M
Short Term Investments	4.3B	2.6B	1.9B	635.1M	1.2B	1.4B
Liabilities And Stockholders Equity	12.1B	10.9B	7.0B	4.6B	6.0B	7.3B
Non Current Liabilities Total	1.3B	538.8M	163.4M	53.9M	47.8M	45.4M
Inventory	971.0M	9.7M	61.3M	1.7B	1.9B	2.0B
Other Current Assets	583.3M	1.2B	1.6B	1.8B	252.4M	239.7M
Other Stockholder Equity	4.5B	4.2B	4.2B	4.0B	4.0B	3.7B
Total Liab	3.8B	4.0B	2.7B	831.6M	1.9B	2.4B
Property Plant And Equipment Gross	10.3M	19.5M	95.4M	84.1M	1.8B	1.9B
Short Long Term Debt	1.6B	1.5B	914.4M	40.0M	124.6M	118.4M
Total Current Assets	8.9B	7.6B	5.5B	3.9B	3.5B	5.0B
Accumulated Other Comprehensive Income	(115.4M)	(187.5M)	66.4M	111.8M	152.9M	160.5M
Non Current Liabilities Other	4.9M	991.6K	314.3K	226.0K	19.1K	18.2K
Short Term Debt	1.6B	1.5B	924.4M	47.6M	132.5M	125.9M
Intangible Assets	44.9M	45.9M	48.3M	48.4M	47.4M	34.7M
Property Plant Equipment	14.7M	10.3M	19.5M	95.4M	109.7M	115.2M
Net Invested Capital	10.9B	9.0B	5.3B	3.9B	4.2B	6.3B

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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:

How To Invest In Cango

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Is Cango Stock a good investment?

Details

What is Cango's Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cango Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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

(0.03)

Revenue Per Share

17.305

Quarterly Revenue Growth

15.359

Return On Assets

0.0163

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.

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Cango Total Assets vs Net Receivables Analysis

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Assets

Net Receivables

Cango fundamental ratios Correlations

Cango Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cango fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity

Capital Surpluse	- 0.99	Non Current Liabilities Total
Non Current Liabilities Total	- 0.97	Common Stock Total Equity
Non Current Liabilities Total	- 0.93	Net Tangible Assets
Non Current Liabilities Total	- 0.93	Total Stockholder Equity
Inventory	- 0.88	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.86	Long Term Debt Total