Chegg Historical Balance Sheet

CHGG Stock  USD 0.72  0.02  2.70%   
Trend analysis of Chegg Inc balance sheet accounts such as Common Stock Shares Outstanding of 100.9 M, Short and Long Term Debt Total of 830.1 M or Other Current Liab of 497.7 M provides information on Chegg's total assets, liabilities, and equity, which is the actual value of Chegg Inc to its prevalent stockholders. By breaking down trends over time using Chegg balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Chegg Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Chegg Inc is a good buy for the upcoming year.

Chegg Inventory

1.09

  
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.

About Chegg Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Chegg Inc at a specified time, usually calculated after every quarter, six months, or one year. Chegg Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chegg and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Chegg currently owns. An asset can also be divided into two categories, current and non-current.

Chegg Balance Sheet Chart

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.

Total Assets

Total assets refers to the total amount of Chegg assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chegg Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from Chegg's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 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.
 2022 2023 2024 2025 (projected)
Other Current Liabilities47.6M77.9M474.0M497.7M
Short and Long Term Debt Total1.2B617.9M504.5M830.1M

Chegg balance sheet Correlations

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Chegg Account Relationship Matchups

Chegg balance sheet Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.9B2.5B1.7B869.0M1.0B
Common Stock Shares Outstanding125.4M141.3M149.9M128.6M103.3M100.9M
Short Long Term Debt Total1.5B1.7B1.2B617.9M504.5M830.1M
Other Current Liab49.2M49.4M47.6M77.9M474.0M497.7M
Total Current Liabilities109.7M114.3M138.9M518.5M528.3M554.8M
Total Stockholder Equity609.6M1.1B1.1B944.6M193.0M183.3M
Other Liab4.0M5.7M7.4M8.0M9.2M5.7M
Property Plant And Equipment Net184.2M199.2M223.2M208.2M192.9M135.3M
Current Deferred Revenue32.6M35.1M56.3M55.3M39.2M29.7M
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
Non Current Assets Total1.1B1.3B1.3B1.3B431.4M601.9M
Non Currrent Assets Other24.0M19.7M20.6M28.4M14.5M12.7M
Other Assets606.0M21.0M188.1M1.01.151.09
Long Term Debt1.5B1.7B1.2B242.8M127.3M121.0M
Cash And Short Term Investments1.1B1.5B1.1B330.0M315.7M491.9M
Net Receivables12.9M17.9M23.5M31.4M23.6M15.5M
Good Will214.5M285.2M289.8M615.1M632.0M0.0
Common Stock Total Equity122K129K137K126K144.9K101.8K
Short Term Investments665.6M691.8M584.0M194.3M154.2M230.8M
Liabilities And Stockholders Equity2.3B2.9B2.5B1.7B869.0M1.1B
Non Current Liabilities Total1.5B1.7B1.2B264.2M504.5M539.0M
Inventory12.8M35.1M28.5M1.01.151.09
Other Current Assets24.6M58.9M63.2M53.4M98.2M103.1M
Other Stockholder Equity1.0B1.4B1.2B1.0B1.1B811.0M
Total Liab1.6B1.8B1.3B782.6M676.0M663.3M
Property Plant And Equipment Gross184.2M199.2M223.2M442.7M486.0M510.3M
Total Current Assets1.2B1.6B1.1B414.8M437.6M541.2M
Accumulated Other Comprehensive Income1.5M(5.3M)(57.5M)(34.7M)(32.2M)(30.6M)
Short Term Debt13.2M6.7M(48.7M)357.1M410.6M431.2M
Intangible Assets51.2M40.6M78.3M52.4M10.3M9.8M
Common Stock129K137K126K103K105K103.6K
Property Plant Equipment87.4M125.8M199.2M204.4M235.0M246.8M
Net Tangible Assets249.6M558.4M776.6M1.0B1.2B1.3B
Retained Earnings Total Equity(416.3M)(422.6M)(337.2M)(70.6M)(81.1M)(85.2M)
Capital Surpluse916.1M1.0B1.4B1.2B1.4B967.0M
Long Term Investments523.6M746.0M216.2M249.5M212.7M230.1M
Non Current Liabilities Other1.5B7.4M8.0M3.3M1.8M1.7M

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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:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.