Chegg Financials

CHGG Stock  USD 1.07  0.49  31.41%   
Chegg Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At this time, Chegg's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Chegg's current Total Current Liabilities is estimated to increase to about 554.8 M, while Total Stockholder Equity is projected to decrease to roughly 183.3 M. Key indicators impacting Chegg's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.790.8282
Sufficiently Down
Slightly volatile
Investors should never underestimate Chegg's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Chegg's cash flow, debt, and profitability to make informed and accurate decisions about investing in Chegg Inc.

Net Income

(795.21 Million)

  
Understanding current and past Chegg Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chegg's financial statements are interrelated, with each one affecting the others. For example, an increase in Chegg's assets may result in an increase in income on the income statement.

Chegg Stock Summary

Chegg competes with Coursera, Udemy, TAL Education, Youdao, and Stride. Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California. Chegg operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 2464 people.
Specialization
Consumer Discretionary, Education & Training Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1630921096
CUSIP163092109
LocationCalifornia; U.S.A
Business Address3990 Freedom Circle,
SectorDiversified Consumer Services
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.chegg.com
Phone408 855 5700
CurrencyUSD - US Dollar

Chegg Key Financial Ratios

Chegg Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.9B2.5B1.7B869.0M1.0B
Other Current Liab49.2M49.4M47.6M77.9M474.0M497.7M
Other Liab4.0M5.7M7.4M8.0M9.2M5.7M
Net Debt1.1B836.5M728.3M482.1M343.0M272.2M
Retained Earnings(422.6M)(337.2M)(70.6M)(52.4M)(889.4M)(845.0M)
Accounts Payable8.5M12.0M12.4M28.2M15.2M10.3M
Cash479.9M854.1M473.7M135.8M161.5M261.4M
Other Assets606.0M21.0M188.1M1.01.151.09
Long Term Debt1.5B1.7B1.2B242.8M127.3M121.0M
Net Receivables12.9M17.9M23.5M31.4M23.6M15.5M
Good Will214.5M285.2M289.8M615.1M632.0M0.0
Inventory12.8M35.1M28.5M1.01.151.09
Other Current Assets24.6M58.9M63.2M53.4M98.2M103.1M
Total Liab1.6B1.8B1.3B782.6M147.6M140.2M
Total Current Assets1.2B1.6B1.1B414.8M437.6M541.2M
Short Term Debt13.2M6.7M(48.7M)357.1M410.6M431.2M
Intangible Assets51.2M40.6M78.3M52.4M10.3M9.8M
Common Stock129K137K126K103K105K103.6K
Net Tangible Assets249.6M558.4M776.6M1.0B1.2B1.3B
Capital Surpluse916.1M1.0B1.4B1.2B1.4B967.0M

Chegg Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense66.3M6.9M6.0M3.8M2.6M2.5M
Total Revenue644.3M776.3M766.9M716.3M617.6M451.6M
Gross Profit438.9M521.4M569.5M490.4M436.6M275.7M
Operating Income56.8M12.6M110.0M(67.7M)(737.1M)(700.3M)
Ebit65.4M12.6M14.2M(67.7M)(77.9M)(74.0M)
Research Development170.9M178.8M196.6M191.7M170.4M113.6M
Ebitda127.9M86.8M105.8M(67.7M)(737.1M)(700.3M)
Cost Of Revenue205.4M254.9M197.4M225.9M180.9M176.0M
Income Before Tax(861K)5.7M103.9M50.3M(688.4M)(653.9M)
Net Income(6.2M)(1.5M)266.6M82.4M(837.1M)(795.2M)
Income Tax Expense5.4M7.2M(162.7M)(32.1M)(148.7M)(141.3M)
Tax Provision5.4M7.2M(162.7M)24.3M148.7M156.1M
Net Interest Income(66.3M)(6.9M)(6.0M)31.1M25.5M26.7M

Chegg Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory1.5M(18.0M)19.7M(5.9M)(6.8M)(6.4M)
Change In Cash92.3M374.2M(380.0M)(337.9M)26.4M27.7M
Free Cash Flow155.1M179.0M152.6M163.1M50.3M78.7M
Depreciation62.4M74.1M91.6M129.7M78.3M68.1M
Other Non Cash Items63.0M21.9M(72.8M)(61.1M)656.0M688.8M
Capital Expenditures81.3M94.2M103.1M83.1M75.0M44.3M
Net Income(6.2M)(1.5M)266.6M18.2M(837.1M)(795.2M)
End Period Cash Flow481.7M855.9M475.9M138.0M164.4M250.1M
Dividends Paid374.8M877.4M80.7M8.9M10.2M9.7M
Investments(507.7M)(261.5M)104.9M497.9M11.3M11.9M
Change Receivables1.8M(400K)(5.0M)(3.8M)(3.4M)(3.2M)
Change To Netincome65.5M99.4M199.7M(119.8M)(107.8M)(102.4M)
Net Borrowings780.2M757.2M(300.8M)(401.2M)(361.1M)(343.0M)

Chegg Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Chegg's current stock value. Our valuation model uses many indicators to compare Chegg value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chegg competition to find correlations between indicators driving Chegg's intrinsic value. More Info.
Chegg Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Chegg's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chegg by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Chegg Inc Systematic Risk

Chegg's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chegg volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Chegg Inc correlated with the market. If Beta is less than 0 Chegg generally moves in the opposite direction as compared to the market. If Chegg Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chegg Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chegg is generally in the same direction as the market. If Beta > 1 Chegg moves generally in the same direction as, but more than the movement of the benchmark.

Chegg Thematic Clasifications

Chegg Inc is part of several thematic ideas from Books to Education. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Chegg Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Chegg's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Chegg growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(9.0E-5)

At this time, Chegg's Price Earnings To Growth Ratio is most likely to increase in the upcoming years.

Chegg February 26, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Chegg help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chegg Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chegg Inc based on widely used predictive technical indicators. In general, we focus on analyzing Chegg Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chegg's daily price indicators and compare them against related drivers.

Complementary Tools for Chegg Stock analysis

When running Chegg's price analysis, check to measure Chegg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chegg is operating at the current time. Most of Chegg's value examination focuses on studying past and present price action to predict the probability of Chegg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chegg's price. Additionally, you may evaluate how the addition of Chegg to your portfolios can decrease your overall portfolio volatility.
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