Chegg Inc Stock Total Asset

CHGG Stock  USD 0.74  0.01  1.33%   
Chegg Inc fundamentals help investors to digest information that contributes to Chegg's financial success or failures. It also enables traders to predict the movement of Chegg Stock. The fundamental analysis module provides a way to measure Chegg's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chegg stock.
Last ReportedProjected for Next Year
Total Assets869 MB
Intangibles To Total Assets 0.01  0.01 
The Chegg's current Total Assets is estimated to increase to about 1 B, while Intangibles To Total Assets are projected to decrease to 0.01.
  
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Chegg Inc Company Total Asset Analysis

Chegg's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Chegg Total Asset

    
  868.95 M  
Most of Chegg's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chegg Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chegg Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Chegg is extremely important. It helps to project a fair market value of Chegg Stock properly, considering its historical fundamentals such as Total Asset. Since Chegg's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chegg's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chegg's interrelated accounts and indicators.
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Chegg Total Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Chegg total asset as a starting point in their analysis.
   Chegg Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Chegg Total Assets

Total Assets

1.03 Billion

At this time, Chegg's Total Assets are most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, Chegg Inc has a Total Asset of 868.95 M. This is 96.48% lower than that of the Diversified Consumer Services sector and 6.45% lower than that of the Consumer Discretionary industry. The total asset for all United States stocks is 97.05% higher than that of the company.

Chegg Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chegg's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chegg could also be used in its relative valuation, which is a method of valuing Chegg by comparing valuation metrics of similar companies.
Chegg is currently under evaluation in total asset category among its peers.

Chegg Institutional Holders

Institutional Holdings refers to the ownership stake in Chegg that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Chegg's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Chegg's value.
Shares
Two Sigma Advisers, Llc2024-12-31
2.1 M
Millennium Management Llc2024-12-31
1.9 M
Renaissance Technologies Corp2024-12-31
1.8 M
Voss Capital Llc2024-12-31
1.8 M
Connor Clark & Lunn Inv Mgmt Ltd2024-12-31
1.7 M
Aqr Capital Management Llc2024-12-31
1.5 M
Arrowstreet Capital Limited Partnership2024-12-31
1.5 M
Knightsbridge Asset Management, Llc2024-12-31
1.3 M
Mitsubishi Ufj Trust & Banking Corp2024-12-31
1.2 M
Vanguard Group Inc2024-12-31
9.8 M
Blackrock Inc2024-12-31
7.5 M

Chegg Fundamentals

About Chegg Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chegg Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chegg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chegg Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Chegg Inc is a strong investment it is important to analyze Chegg'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 Chegg's future performance. For an informed investment choice regarding Chegg Stock, refer to the following important reports:
Check out Chegg Piotroski F Score and Chegg Altman Z Score analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Diversified Consumer Services 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 Chegg. If investors know Chegg 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 Chegg 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
4.996
Earnings Share
(8.10)
Revenue Per Share
5.978
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.01)
The market value of Chegg Inc is measured differently than its book value, which is the value of Chegg that is recorded on the company's balance sheet. Investors also form their own opinion of Chegg's value that differs from its market value or its book value, called intrinsic value, which is Chegg'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 Chegg's market value can be influenced by many factors that don't directly affect Chegg'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 Chegg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chegg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chegg'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.