Cango (CANG) Short-Term Capital Lease Obligation : $1.1 Mil (As of Dec. 2023)

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What is Cango Short-Term Capital Lease Obligation?

Cango's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.1 Mil.

Cango's quarterly Short-Term Capital Lease Obligation declined from Jun. 2023 ($1.5 Mil) to Sep. 2023 ($1.4 Mil) and declined from Sep. 2023 ($1.4 Mil) to Dec. 2023 ($1.1 Mil).

Cango's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($1.4 Mil) but then declined from Dec. 2022 ($1.4 Mil) to Dec. 2023 ($1.1 Mil).

Cango Short-Term Capital Lease Obligation Historical Data

The historical data trend for Cango's Short-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cango Short-Term Capital Lease Obligation Chart

Cango Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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1.42

1.07

Cango Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.42	1.51	1.49	1.41	1.07

Cango Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Cango Short-Term Capital Lease Obligation Related Terms

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Cango (CANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cango Inc (NYSE:CANG) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

9C0A:Germany

Address

556 West Haiyang Road, 8th Floor, New Bund Oriental Plaza II, Pudong New Area, Shanghai, CHN, 200124

Website

https://www.cangoonline.com

Cango Inc is an automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. The services mainly consist of - automotive financing facilitation, automotive transaction facilitation, and aftermarket service facilitation. Geographically, it derives revenue from China.