Balance Sheet Data

Cango Inc. (CANG)

$2.86

+0.22 (+8.33%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 865.653,178.772,599.585,769.264,033.7410,470.4214,901.2821,207.1930,181.6142,953.83
Total Cash (%)
Account Receivables 155.261,228.571,927.012,605.292,529.955,052.017,189.9110,232.5314,562.7220,725.36
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 9.3616.828.235.0931.8745.3564.5591.86130.74186.06
Accounts Payable (%)
Capital Expenditure -9.59-14.39-43.03-5.36-18.92-66.54-94.70-134.77-191.80-272.97
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.