Chegg Non Current Assets Total vs Cash Analysis

CHGG Stock

USD 0.99 0.08 7.88%

Chegg financial indicator trend analysis is way more than just evaluating Chegg Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chegg Inc is a good investment. Please check the relationship between Chegg Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg 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 price.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chegg Inc Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Chegg's Non Current Assets Total and Cash is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Chegg Inc, assuming nothing else is changed. The correlation between historical values of Chegg's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Chegg Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Chegg's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Chegg Inc, which is listed under current asset account on Chegg Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Chegg customers. The amounts must be unrestricted with restricted cash listed in a different Chegg account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Chegg's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chegg 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 Chegg 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 price.

At this time, Chegg's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years.

	2022	2023	2024	2025 (projected)
Interest Expense	6.0M	3.8M	2.6M	2.5M
Depreciation And Amortization	91.6M	129.7M	78.3M	68.1M

Interest Expense Depreciation And Amortization

Chegg fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.78	0.95	0.06	0.24	0.9	0.63	0.79	0.73	0.94	-0.03	0.53	0.9	0.96	0.87	0.51	0.93	0.95	0.61	0.73	0.67	0.96	0.92	0.82	0.48	0.84
Common Stock Shares Outstanding	0.78		0.73	0.17	0.32	0.78	0.63	0.5	0.61	0.68	-0.23	0.61	0.7	0.75	0.79	0.34	0.66	0.73	0.73	0.65	0.78	0.72	0.64	0.56	0.51	0.9
Short Long Term Debt Total	0.95	0.73		0.15	0.21	0.79	0.51	0.7	0.59	0.93	-0.21	0.39	0.9	0.86	0.78	0.59	0.94	0.96	0.5	0.54	0.7	0.98	0.94	0.79	0.49	0.82
Other Current Liab	0.06	0.17	0.15		0.84	-0.12	0.47	0.33	0.3	0.15	-0.84	0.32	0.03	0.08	0.2	-0.1	-0.11	0.05	0.39	-0.26	0.34	0.06	0.08	-0.22	0.84	0.31
Total Current Liabilities	0.24	0.32	0.21	0.84		0.17	0.64	0.55	0.62	0.29	-0.54	0.72	0.03	0.38	0.49	-0.09	-0.06	0.08	0.7	0.17	0.42	0.12	0.09	-0.21	0.85	0.42
Total Stockholder Equity	0.9	0.78	0.79	-0.12	0.17		0.64	0.67	0.75	0.73	0.15	0.64	0.77	0.9	0.8	0.32	0.76	0.8	0.71	0.87	0.73	0.79	0.68	0.76	0.36	0.83
Other Liab	0.63	0.63	0.51	0.47	0.64	0.64		0.76	0.83	0.53	-0.3	0.76	0.5	0.65	0.71	0.14	0.4	0.51	0.85	0.52	0.72	0.49	0.45	0.35	0.72	0.76
Property Plant And Equipment Net	0.79	0.5	0.7	0.33	0.55	0.67	0.76		0.91	0.82	-0.04	0.66	0.54	0.85	0.74	0.39	0.63	0.65	0.7	0.62	0.48	0.72	0.69	0.52	0.62	0.61
Current Deferred Revenue	0.73	0.61	0.59	0.3	0.62	0.75	0.83	0.91		0.68	0.01	0.83	0.42	0.85	0.76	0.28	0.48	0.52	0.88	0.77	0.58	0.59	0.5	0.42	0.65	0.67
Net Debt	0.94	0.68	0.93	0.15	0.29	0.73	0.53	0.82	0.68		-0.1	0.46	0.78	0.9	0.85	0.67	0.91	0.89	0.52	0.62	0.58	0.95	0.94	0.69	0.48	0.74
Retained Earnings	-0.03	-0.23	-0.21	-0.84	-0.54	0.15	-0.3	-0.04	0.01	-0.1		-0.09	-0.16	0.07	-0.12	-0.01	0.01	-0.13	-0.2	0.44	-0.48	-0.1	-0.12	0.19	-0.62	-0.38
Accounts Payable	0.53	0.61	0.39	0.32	0.72	0.64	0.76	0.66	0.83	0.46	-0.09		0.25	0.69	0.73	0.03	0.22	0.3	0.95	0.67	0.64	0.33	0.22	0.11	0.57	0.66
Cash	0.9	0.7	0.9	0.03	0.03	0.77	0.5	0.54	0.42	0.78	-0.16	0.25		0.75	0.69	0.4	0.92	0.98	0.36	0.45	0.63	0.91	0.91	0.87	0.37	0.79
Non Current Assets Total	0.96	0.75	0.86	0.08	0.38	0.9	0.65	0.85	0.85	0.9	0.07	0.69	0.75		0.9	0.45	0.81	0.83	0.72	0.84	0.62	0.87	0.8	0.69	0.52	0.79
Non Currrent Assets Other	0.87	0.79	0.78	0.2	0.49	0.8	0.71	0.74	0.76	0.85	-0.12	0.73	0.69	0.9		0.47	0.72	0.75	0.75	0.76	0.73	0.78	0.72	0.47	0.53	0.82
Other Assets	0.51	0.34	0.59	-0.1	-0.09	0.32	0.14	0.39	0.28	0.67	-0.01	0.03	0.4	0.45	0.47		0.64	0.54	0.08	0.33	0.28	0.64	0.62	0.34	0.02	0.31
Long Term Debt	0.93	0.66	0.94	-0.11	-0.06	0.76	0.4	0.63	0.48	0.91	0.01	0.22	0.92	0.81	0.72	0.64		0.97	0.32	0.56	0.54	0.97	0.97	0.88	0.25	0.71
Cash And Short Term Investments	0.95	0.73	0.96	0.05	0.08	0.8	0.51	0.65	0.52	0.89	-0.13	0.3	0.98	0.83	0.75	0.54	0.97		0.42	0.54	0.64	0.98	0.96	0.87	0.4	0.8
Net Receivables	0.61	0.73	0.5	0.39	0.7	0.71	0.85	0.7	0.88	0.52	-0.2	0.95	0.36	0.72	0.75	0.08	0.32	0.42		0.68	0.76	0.44	0.33	0.25	0.7	0.79
Good Will	0.73	0.65	0.54	-0.26	0.17	0.87	0.52	0.62	0.77	0.62	0.44	0.67	0.45	0.84	0.76	0.33	0.56	0.54	0.68		0.47	0.59	0.47	0.53	0.21	0.59
Common Stock Total Equity	0.67	0.78	0.7	0.34	0.42	0.73	0.72	0.48	0.58	0.58	-0.48	0.64	0.63	0.62	0.73	0.28	0.54	0.64	0.76	0.47		0.62	0.5	0.39	0.57	0.92
Short Term Investments	0.96	0.72	0.98	0.06	0.12	0.79	0.49	0.72	0.59	0.95	-0.1	0.33	0.91	0.87	0.78	0.64	0.97	0.98	0.44	0.59	0.62		0.97	0.84	0.41	0.78
Non Current Liabilities Total	0.92	0.64	0.94	0.08	0.09	0.68	0.45	0.69	0.5	0.94	-0.12	0.22	0.91	0.8	0.72	0.62	0.97	0.96	0.33	0.47	0.5	0.97		0.83	0.4	0.7
Inventory	0.82	0.56	0.79	-0.22	-0.21	0.76	0.35	0.52	0.42	0.69	0.19	0.11	0.87	0.69	0.47	0.34	0.88	0.87	0.25	0.53	0.39	0.84	0.83		0.21	0.61
Other Current Assets	0.48	0.51	0.49	0.84	0.85	0.36	0.72	0.62	0.65	0.48	-0.62	0.57	0.37	0.52	0.53	0.02	0.25	0.4	0.7	0.21	0.57	0.41	0.4	0.21		0.65
Other Stockholder Equity	0.84	0.9	0.82	0.31	0.42	0.83	0.76	0.61	0.67	0.74	-0.38	0.66	0.79	0.79	0.82	0.31	0.71	0.8	0.79	0.59	0.92	0.78	0.7	0.61	0.65

Click cells to compare fundamentals

Chegg Account Relationship Matchups

Chegg fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	2.9B	2.5B	1.7B	869.0M	1.0B
Common Stock Shares Outstanding	125.4M	141.3M	149.9M	128.6M	103.3M	100.9M
Short Long Term Debt Total	1.5B	1.7B	1.2B	617.9M	504.5M	830.1M
Other Current Liab	49.2M	49.4M	47.6M	77.9M	474.0M	497.7M
Total Current Liabilities	109.7M	114.3M	138.9M	518.5M	528.3M	554.8M
Total Stockholder Equity	609.6M	1.1B	1.1B	944.6M	193.0M	183.3M
Other Liab	4.0M	5.7M	7.4M	8.0M	9.2M	5.7M
Property Plant And Equipment Net	184.2M	199.2M	223.2M	208.2M	192.9M	135.3M
Current Deferred Revenue	32.6M	35.1M	56.3M	55.3M	39.2M	29.7M
Net Debt	1.1B	836.5M	728.3M	482.1M	343.0M	272.2M
Retained Earnings	(422.6M)	(337.2M)	(70.6M)	(52.4M)	(889.4M)	(845.0M)
Accounts Payable	8.5M	12.0M	12.4M	28.2M	15.2M	10.3M
Cash	479.9M	854.1M	473.7M	135.8M	161.5M	261.4M
Non Current Assets Total	1.1B	1.3B	1.3B	1.3B	431.4M	601.9M
Non Currrent Assets Other	24.0M	19.7M	20.6M	28.4M	14.5M	12.7M
Other Assets	606.0M	21.0M	188.1M	1.0	1.15	1.09
Long Term Debt	1.5B	1.7B	1.2B	242.8M	127.3M	121.0M
Cash And Short Term Investments	1.1B	1.5B	1.1B	330.0M	315.7M	491.9M
Net Receivables	12.9M	17.9M	23.5M	31.4M	23.6M	15.5M
Good Will	214.5M	285.2M	289.8M	615.1M	632.0M	0.0
Common Stock Total Equity	122K	129K	137K	126K	144.9K	101.8K
Short Term Investments	665.6M	691.8M	584.0M	194.3M	154.2M	230.8M
Liabilities And Stockholders Equity	2.3B	2.9B	2.5B	1.7B	869.0M	1.1B
Non Current Liabilities Total	1.5B	1.7B	1.2B	264.2M	504.5M	539.0M
Inventory	12.8M	35.1M	28.5M	1.0	1.15	1.09
Other Current Assets	24.6M	58.9M	63.2M	53.4M	98.2M	103.1M
Other Stockholder Equity	1.0B	1.4B	1.2B	1.0B	1.1B	811.0M
Total Liab	1.6B	1.8B	1.3B	782.6M	676.0M	663.3M
Property Plant And Equipment Gross	184.2M	199.2M	223.2M	442.7M	486.0M	510.3M
Total Current Assets	1.2B	1.6B	1.1B	414.8M	437.6M	541.2M
Accumulated Other Comprehensive Income	1.5M	(5.3M)	(57.5M)	(34.7M)	(32.2M)	(30.6M)
Short Term Debt	13.2M	6.7M	(48.7M)	357.1M	410.6M	431.2M
Intangible Assets	51.2M	40.6M	78.3M	52.4M	10.3M	9.8M
Common Stock	129K	137K	126K	103K	105K	103.6K
Property Plant Equipment	87.4M	125.8M	199.2M	204.4M	235.0M	246.8M
Net Tangible Assets	249.6M	558.4M	776.6M	1.0B	1.2B	1.3B
Retained Earnings Total Equity	(416.3M)	(422.6M)	(337.2M)	(70.6M)	(81.1M)	(85.2M)
Capital Surpluse	916.1M	1.0B	1.4B	1.2B	1.4B	967.0M
Long Term Investments	523.6M	746.0M	216.2M	249.5M	212.7M	230.1M
Non Current Liabilities Other	1.5B	7.4M	8.0M	3.3M	1.8M	1.7M

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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:

How To Invest In Chegg

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Is Chegg Stock a good investment?

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What is Chegg's Net Worth?

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Largest Diversified Consumer Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg 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 price.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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

(7.80)

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.

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Chegg Non Current Assets Total vs Cash Analysis

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Cash

Chegg fundamental ratios Correlations

Chegg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chegg fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Investments	+ 0.98	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Short Term Investments	+ 0.98	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.97	Long Term Debt
Short Term Investments	+ 0.97	Long Term Debt
Non Current Liabilities Total	+ 0.97	Long Term Debt

Retained Earnings	- 0.84	Other Current Liab
Other Current Assets	- 0.62	Retained Earnings
Retained Earnings	- 0.54	Total Current Liabilities
Common Stock Total Equity	- 0.48	Retained Earnings
Other Stockholder Equity	- 0.38	Retained Earnings
Retained Earnings	- 0.3	Other Liab