Cango Payout Ratio vs Book Value Per Share Analysis

CANG Stock

USD 4.58 0.03 0.66%

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 Payout Ratio and its Book Value Per Share 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 board of governors.

Payout Ratio vs Book Value Per Share

Payout Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cango Inc Payout Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cango's Payout Ratio and Book Value Per Share is -0.32. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Book Value Per Share 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 Payout Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Cango Inc are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Payout Ratio i.e., Cango's Payout Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Cango Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Cango Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Cango Inc is paying out more in dividends than it makes in net income.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 board of governors.

At this time, Cango's Selling General Administrative is most likely to increase significantly in the upcoming years. The Cango's current Sales General And Administrative To Revenue is estimated to increase to 0.1, while Tax Provision is projected to decrease to roughly 183.4 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	35.9M	26.9M	66.4M	45.5M
Tax Provision	20.9M	236.7M	361.9M	183.4M

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		0.82	0.82	0.9	0.98	0.51	0.97	0.38	0.61	0.2	0.99	0.28	0.76	0.91	0.82	0.99	0.6	0.98	0.94	0.88	-0.15	0.81	0.73	-0.86	0.89	0.36
Short Long Term Debt Total	0.82		0.57	0.89	0.76	0.56	0.74	0.06	0.32	0.46	0.82	-0.04	0.71	0.97	0.76	0.81	0.78	0.8	0.93	0.62	0.4	0.7	0.51	-0.54	0.56	-0.07
Other Current Liab	0.82	0.57		0.86	0.79	0.23	0.78	0.63	0.92	0.34	0.8	0.35	0.39	0.68	0.56	0.76	0.29	0.75	0.82	0.73	-0.26	0.75	0.5	-0.75	0.74	0.41
Total Current Liabilities	0.9	0.89	0.86		0.87	0.35	0.85	0.41	0.69	0.42	0.89	0.22	0.65	0.93	0.78	0.87	0.53	0.82	0.97	0.78	0.08	0.74	0.58	-0.74	0.74	0.23
Total Stockholder Equity	0.98	0.76	0.79	0.87		0.42	1.0	0.49	0.62	0.08	0.98	0.44	0.8	0.87	0.85	0.97	0.51	0.95	0.89	0.95	-0.25	0.75	0.83	-0.93	0.95	0.48
Other Liab	0.51	0.56	0.23	0.35	0.42		0.42	-0.16	0.04	0.52	0.55	-0.26	0.19	0.49	0.13	0.47	0.85	0.64	0.56	0.24	0.27	0.81	0.08	-0.11	0.21	-0.25
Net Tangible Assets	0.97	0.74	0.78	0.85	1.0	0.42		0.51	0.61	0.06	0.98	0.47	0.79	0.85	0.83	0.96	0.49	0.94	0.87	0.97	-0.28	0.74	0.83	-0.93	0.96	0.5
Property Plant And Equipment Net	0.38	0.06	0.63	0.41	0.49	-0.16	0.51		0.82	-0.05	0.38	0.89	0.15	0.15	0.36	0.29	-0.29	0.3	0.31	0.64	-0.58	0.3	0.47	-0.67	0.63	0.8
Current Deferred Revenue	0.61	0.32	0.92	0.69	0.62	0.04	0.61	0.82		0.23	0.59	0.55	0.2	0.44	0.4	0.52	0.01	0.53	0.6	0.62	-0.38	0.59	0.38	-0.66	0.63	0.52
Net Debt	0.2	0.46	0.34	0.42	0.08	0.52	0.06	-0.05	0.23		0.18	-0.43	-0.29	0.31	-0.07	0.12	0.44	0.18	0.46	-0.05	0.46	0.56	-0.37	0.13	-0.11	-0.32
Retained Earnings	0.99	0.82	0.8	0.89	0.98	0.55	0.98	0.38	0.59	0.18		0.3	0.77	0.91	0.78	0.98	0.64	0.98	0.94	0.89	-0.13	0.83	0.74	-0.84	0.88	0.33
Accounts Payable	0.28	-0.04	0.35	0.22	0.44	-0.26	0.47	0.89	0.55	-0.43	0.3		0.33	0.08	0.42	0.24	-0.34	0.23	0.13	0.64	-0.61	0.06	0.63	-0.67	0.62	0.82
Cash	0.76	0.71	0.39	0.65	0.8	0.19	0.79	0.15	0.2	-0.29	0.77	0.33		0.81	0.9	0.81	0.48	0.74	0.65	0.76	0.01	0.33	0.87	-0.73	0.74	0.24
Non Current Assets Total	0.91	0.97	0.68	0.93	0.87	0.49	0.85	0.15	0.44	0.31	0.91	0.08	0.81		0.82	0.91	0.73	0.88	0.96	0.75	0.23	0.72	0.64	-0.68	0.69	0.05
Non Currrent Assets Other	0.82	0.76	0.56	0.78	0.85	0.13	0.83	0.36	0.4	-0.07	0.78	0.42	0.9	0.82		0.83	0.34	0.74	0.73	0.81	-0.08	0.38	0.82	-0.84	0.82	0.45
Other Assets	0.99	0.81	0.76	0.87	0.97	0.47	0.96	0.29	0.52	0.12	0.98	0.24	0.81	0.91	0.83		0.59	0.96	0.91	0.87	-0.16	0.75	0.75	-0.85	0.88	0.34
Long Term Debt	0.6	0.78	0.29	0.53	0.51	0.85	0.49	-0.29	0.01	0.44	0.64	-0.34	0.48	0.73	0.34	0.59		0.7	0.71	0.3	0.54	0.74	0.29	-0.16	0.24	-0.45
Cash And Short Term Investments	0.98	0.8	0.75	0.82	0.95	0.64	0.94	0.3	0.53	0.18	0.98	0.23	0.74	0.88	0.74	0.96	0.7		0.91	0.82	-0.11	0.86	0.71	-0.78	0.83	0.27
Net Receivables	0.94	0.93	0.82	0.97	0.89	0.56	0.87	0.31	0.6	0.46	0.94	0.13	0.65	0.96	0.73	0.91	0.71	0.91		0.77	0.13	0.86	0.58	-0.7	0.72	0.13
Common Stock Total Equity	0.88	0.62	0.73	0.78	0.95	0.24	0.97	0.64	0.62	-0.05	0.89	0.64	0.76	0.75	0.81	0.87	0.3	0.82	0.77		-0.38	0.61	0.87	-0.97	0.97	0.64
Common Stock Shares Outstanding	-0.15	0.4	-0.26	0.08	-0.25	0.27	-0.28	-0.58	-0.38	0.46	-0.13	-0.61	0.01	0.23	-0.08	-0.16	0.54	-0.11	0.13	-0.38		0.02	-0.29	0.5	-0.51	-0.86
Short Term Investments	0.81	0.7	0.75	0.74	0.75	0.81	0.74	0.3	0.59	0.56	0.83	0.06	0.33	0.72	0.38	0.75	0.74	0.86	0.86	0.61	0.02		0.35	-0.51	0.58	0.07
Long Term Debt Total	0.73	0.51	0.5	0.58	0.83	0.08	0.83	0.47	0.38	-0.37	0.74	0.63	0.87	0.64	0.82	0.75	0.29	0.71	0.58	0.87	-0.29	0.35		-0.87	0.86	0.5
Non Current Liabilities Total	-0.86	-0.54	-0.75	-0.74	-0.93	-0.11	-0.93	-0.67	-0.66	0.13	-0.84	-0.67	-0.73	-0.68	-0.84	-0.85	-0.16	-0.78	-0.7	-0.97	0.5	-0.51	-0.87		-0.99	-0.74
Capital Surpluse	0.89	0.56	0.74	0.74	0.95	0.21	0.96	0.63	0.63	-0.11	0.88	0.62	0.74	0.69	0.82	0.88	0.24	0.83	0.72	0.97	-0.51	0.58	0.86	-0.99		0.71
Inventory	0.36	-0.07	0.41	0.23	0.48	-0.25	0.5	0.8	0.52	-0.32	0.33	0.82	0.24	0.05	0.45	0.34	-0.45	0.27	0.13	0.64	-0.86	0.07	0.5	-0.74	0.71

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Cango Account Relationship Matchups

Cango fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.7B	12.1B	10.9B	7.0B	4.6B	7.4B
Short Long Term Debt Total	2.6B	2.6B	2.0B	1.1B	90.5M	86.0M
Other Current Liab	530.6M	780.5M	1.4B	1.3B	385.2M	695.7M
Total Current Liabilities	2.9B	2.5B	3.4B	2.5B	777.7M	738.9M
Total Stockholder Equity	5.5B	8.4B	7.0B	4.3B	3.8B	3.8B
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	14.7M	10.3M	19.5M	95.4M	55.4M	31.3M
Current Deferred Revenue	67.1M	136.9M	403.7M	568.3M	138.3M	200.5M
Net Debt	602.5M	1.1B	569.4M	697.8M	(930.1M)	(883.6M)
Retained Earnings	852.5M	4.0B	3.0B	9.1M	(335.6M)	(318.8M)
Accounts Payable	8.2M	5.1M	4.0M	25.0M	23.8M	13.4M
Cash	2.0B	1.4B	1.4B	378.9M	1.0B	1.0B
Non Current Assets Total	3.2B	3.2B	3.3B	1.5B	764.6M	726.4M
Non Currrent Assets Other	2.3B	1.1B	1.1B	1.2B	660.8M	1.2B
Other Assets	2.4B	3.0B	3.1B	1.3B	1.4B	2.0B
Long Term Debt	301.7M	977.8M	486.4M	75.9M	712.0K	676.4K
Cash And Short Term Investments	2.6B	5.8B	4.0B	2.3B	1.7B	2.8B
Net Receivables	1.9B	2.5B	2.5B	1.6B	465.4M	442.1M
Common Stock Shares Outstanding	151.6M	152.0M	144.9M	137.0M	121.5M	115.4M
Short Term Investments	597.3M	4.3B	2.6B	1.9B	635.1M	603.3M
Liabilities And Stockholders Equity	8.7B	12.1B	10.9B	7.0B	4.6B	7.4B
Non Current Liabilities Total	335.8M	1.3B	538.8M	163.4M	53.9M	51.2M
Inventory	971.0M	9.7M	61.3M	1.7B	1.9B	2.0B
Other Current Assets	117.4M	583.3M	1.2B	1.6B	1.8B	1.9B
Other Stockholder Equity	4.5B	4.5B	4.2B	4.2B	4.0B	3.6B
Total Liab	3.2B	3.8B	4.0B	2.7B	831.6M	790.1M
Property Plant And Equipment Gross	14.7M	10.3M	19.5M	95.4M	84.1M	88.3M
Short Long Term Debt	2.3B	1.6B	1.5B	914.4M	40.0M	38.0M
Total Current Assets	5.5B	8.9B	7.6B	5.5B	3.9B	5.2B
Accumulated Other Comprehensive Income	119.4M	(115.4M)	(187.5M)	66.4M	111.8M	117.4M
Non Current Liabilities Other	21.8M	4.9M	991.6K	314.3K	226.0K	214.7K
Short Term Debt	2.3B	1.6B	1.5B	924.4M	47.6M	45.2M
Intangible Assets	44.8M	44.9M	45.9M	48.3M	48.4M	32.6M
Property Plant Equipment	14.7M	10.3M	19.5M	95.4M	109.7M	115.2M
Net Invested Capital	8.1B	10.9B	9.0B	5.3B	3.9B	6.5B
Net Working Capital	2.6B	6.4B	4.2B	2.9B	3.1B	3.6B

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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

Details

Is Cango Stock a good investment?

Details

What is Cango's Net Worth?

Details

Largest Automotive Retail Companies

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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 board of governors.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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

0.19

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.

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Cango Payout Ratio vs Book Value Per Share Analysis

Payout Ratio vs Book Value Per Share

Payout Ratio vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Payout Ratio

Book Value Per Share

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
Non Current Liabilities Total	- 0.87	Long Term Debt Total
Inventory	- 0.86	Common Stock Shares Outstanding