Chegg Free Cash Flow vs Cash Per Share Analysis

CHGG Stock

USD 4.47 0.13 2.83%

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 Free Cash Flow and its Cash Per Share 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 tightly coupled with the direction of predictive economic indicators such as signals in price.

Free Cash Flow vs Cash Per Share

Free Cash Flow vs Cash Per Share Correlation Analysis

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

The correlation between Chegg's Free Cash Flow and Cash Per Share is 0.7. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Per Share 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 Free Cash Flow and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Chegg Inc are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Free Cash Flow i.e., Chegg's Free Cash Flow and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Cash Per Share

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 tightly coupled 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. The Chegg's current Enterprise Value Over EBITDA is estimated to increase to 30.58, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Interest Expense	6.9M	6.0M	3.8M	3.6M
Depreciation And Amortization	74.1M	91.6M	129.7M	67.5M

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	0.83	0.31	0.91	0.73	0.84	0.76	0.94	-0.07	0.43	0.9	0.88	0.81	0.51	0.94	0.95	0.55	0.66	0.72	0.96	0.92	0.83	0.44	0.88
Common Stock Shares Outstanding	0.78		0.73	0.82	0.33	0.81	0.68	0.5	0.62	0.68	-0.26	0.5	0.71	0.71	0.74	0.35	0.68	0.73	0.64	0.64	0.8	0.72	0.63	0.58	0.53	0.91
Short Long Term Debt Total	0.95	0.73		0.77	0.27	0.83	0.57	0.74	0.62	0.94	-0.2	0.4	0.9	0.84	0.78	0.59	0.95	0.96	0.52	0.59	0.72	0.98	0.91	0.79	0.41	0.86
Other Current Liab	0.83	0.82	0.77		0.56	0.88	0.83	0.74	0.84	0.78	-0.03	0.67	0.61	0.85	0.82	0.42	0.65	0.69	0.77	0.78	0.82	0.72	0.6	0.49	0.68	0.85
Total Current Liabilities	0.31	0.33	0.27	0.56		0.44	0.57	0.47	0.59	0.29	0.52	0.96	0.09	0.71	0.71	-0.05	0.04	0.14	0.87	0.85	0.38	0.17	0.01	-0.14	0.86	0.34
Total Stockholder Equity	0.91	0.81	0.83	0.88	0.44		0.86	0.78	0.84	0.76	-0.02	0.59	0.78	0.86	0.78	0.29	0.75	0.82	0.73	0.76	0.86	0.81	0.69	0.72	0.6	0.93
Other Liab	0.73	0.68	0.57	0.83	0.57	0.86		0.74	0.87	0.56	0.19	0.67	0.56	0.76	0.73	0.19	0.49	0.57	0.75	0.76	0.71	0.55	0.45	0.46	0.61	0.73
Property Plant And Equipment Net	0.84	0.5	0.74	0.74	0.47	0.78	0.74		0.91	0.84	0.38	0.52	0.59	0.85	0.7	0.45	0.71	0.7	0.58	0.71	0.46	0.77	0.71	0.62	0.43	0.58
Current Deferred Revenue	0.76	0.62	0.62	0.84	0.59	0.84	0.87	0.91		0.69	0.4	0.66	0.46	0.83	0.7	0.32	0.53	0.56	0.76	0.83	0.59	0.62	0.51	0.49	0.62	0.65
Net Debt	0.94	0.68	0.94	0.78	0.29	0.76	0.56	0.84	0.69		-0.05	0.36	0.79	0.84	0.79	0.68	0.93	0.9	0.45	0.6	0.59	0.96	0.93	0.72	0.37	0.75
Retained Earnings	-0.07	-0.26	-0.2	-0.03	0.52	-0.02	0.19	0.38	0.4	-0.05		0.38	-0.31	0.25	0.08	-0.26	-0.26	-0.25	0.3	0.43	-0.38	-0.17	-0.2	-0.14	0.36	-0.29
Accounts Payable	0.43	0.5	0.4	0.67	0.96	0.59	0.67	0.52	0.66	0.36	0.38		0.24	0.77	0.76	-0.02	0.16	0.28	0.96	0.88	0.56	0.3	0.11	0.01	0.86	0.53
Cash	0.9	0.71	0.9	0.61	0.09	0.78	0.56	0.59	0.46	0.79	-0.31	0.24		0.7	0.68	0.4	0.93	0.98	0.37	0.43	0.65	0.91	0.9	0.87	0.24	0.83
Non Current Assets Total	0.88	0.71	0.84	0.85	0.71	0.86	0.76	0.85	0.83	0.84	0.25	0.77	0.7		0.93	0.37	0.71	0.77	0.83	0.91	0.66	0.81	0.69	0.56	0.74	0.78
Non Currrent Assets Other	0.81	0.74	0.78	0.82	0.71	0.78	0.73	0.7	0.7	0.79	0.08	0.76	0.68	0.93		0.41	0.67	0.73	0.8	0.87	0.72	0.75	0.63	0.41	0.73	0.78
Other Assets	0.51	0.35	0.59	0.42	-0.05	0.29	0.19	0.45	0.32	0.68	-0.26	-0.02	0.4	0.37	0.41		0.63	0.53	0.05	0.2	0.31	0.64	0.63	0.33	-0.04	0.35
Long Term Debt	0.94	0.68	0.95	0.65	0.04	0.75	0.49	0.71	0.53	0.93	-0.26	0.16	0.93	0.71	0.67	0.63		0.98	0.29	0.42	0.58	0.98	0.99	0.88	0.19	0.78
Cash And Short Term Investments	0.95	0.73	0.96	0.69	0.14	0.82	0.57	0.7	0.56	0.9	-0.25	0.28	0.98	0.77	0.73	0.53	0.98		0.41	0.5	0.67	0.98	0.96	0.88	0.28	0.85
Net Receivables	0.55	0.64	0.52	0.77	0.87	0.73	0.75	0.58	0.76	0.45	0.3	0.96	0.37	0.83	0.8	0.05	0.29	0.41		0.93	0.68	0.42	0.23	0.19	0.9	0.67
Good Will	0.66	0.64	0.59	0.78	0.85	0.76	0.76	0.71	0.83	0.6	0.43	0.88	0.43	0.91	0.87	0.2	0.42	0.5	0.93		0.6	0.55	0.38	0.3	0.87	0.66
Common Stock Total Equity	0.72	0.8	0.72	0.82	0.38	0.86	0.71	0.46	0.59	0.59	-0.38	0.56	0.65	0.66	0.72	0.31	0.58	0.67	0.68	0.6		0.65	0.49	0.44	0.54	0.91
Short Term Investments	0.96	0.72	0.98	0.72	0.17	0.81	0.55	0.77	0.62	0.96	-0.17	0.3	0.91	0.81	0.75	0.64	0.98	0.98	0.42	0.55	0.65		0.97	0.84	0.31	0.82
Non Current Liabilities Total	0.92	0.63	0.91	0.6	0.01	0.69	0.45	0.71	0.51	0.93	-0.2	0.11	0.9	0.69	0.63	0.63	0.99	0.96	0.23	0.38	0.49	0.97		0.87	0.14	0.71
Inventory	0.83	0.58	0.79	0.49	-0.14	0.72	0.46	0.62	0.49	0.72	-0.14	0.01	0.87	0.56	0.41	0.33	0.88	0.88	0.19	0.3	0.44	0.84	0.87		0.11	0.69
Other Current Assets	0.44	0.53	0.41	0.68	0.86	0.6	0.61	0.43	0.62	0.37	0.36	0.86	0.24	0.74	0.73	-0.04	0.19	0.28	0.9	0.87	0.54	0.31	0.14	0.11		0.55
Other Stockholder Equity	0.88	0.91	0.86	0.85	0.34	0.93	0.73	0.58	0.65	0.75	-0.29	0.53	0.83	0.78	0.78	0.35	0.78	0.85	0.67	0.66	0.91	0.82	0.71	0.69	0.55

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Chegg Account Relationship Matchups

Chegg fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	2.3B	2.9B	2.5B	1.7B	1.0B
Common Stock Shares Outstanding	119.2M	125.4M	141.3M	149.9M	128.6M	100.1M
Short Long Term Debt Total	920.1M	1.5B	1.7B	1.2B	617.9M	864.5M
Other Current Liab	40.0M	62.0M	60.5M	62.7M	77.9M	43.5M
Total Current Liabilities	71.4M	109.7M	114.3M	138.9M	518.5M	544.4M
Total Stockholder Equity	498.8M	609.6M	1.1B	1.1B	944.6M	500.5M
Other Liab	4.0M	5.7M	7.4M	8.0M	9.2M	5.7M
Property Plant And Equipment Net	103.3M	184.2M	199.2M	223.2M	208.2M	129.4M
Current Deferred Revenue	18.8M	32.6M	35.1M	56.3M	55.3M	28.7M
Net Debt	532.6M	1.1B	836.5M	728.3M	482.1M	264.2M
Retained Earnings	(416.3M)	(422.6M)	(337.2M)	(70.6M)	(52.4M)	(55.0M)
Accounts Payable	7.4M	8.5M	12.0M	12.4M	28.2M	29.6M
Cash	387.5M	479.9M	854.1M	473.7M	135.8M	267.8M
Non Current Assets Total	681.7M	1.1B	1.3B	1.3B	1.3B	1.4B
Non Currrent Assets Other	18.8M	24.0M	19.7M	20.6M	26.2M	27.5M
Other Assets	18.8M	606.0M	21.0M	188.1M	1.0	0.95
Long Term Debt	900.3M	1.5B	1.7B	1.2B	242.8M	230.6M
Cash And Short Term Investments	768.6M	1.1B	1.5B	1.1B	330.0M	503.0M
Net Receivables	11.5M	12.9M	17.9M	23.5M	31.4M	33.0M
Good Will	214.5M	285.2M	289.8M	615.1M	632.0M	663.6M
Common Stock Total Equity	122K	129K	137K	126K	144.9K	101.8K
Short Term Investments	381.1M	665.6M	691.8M	584.0M	194.3M	235.5M
Liabilities And Stockholders Equity	1.5B	2.3B	2.9B	2.5B	1.7B	1.2B
Non Current Liabilities Total	918.8M	1.5B	1.7B	1.2B	264.2M	250.9M
Inventory	10.5M	12.8M	35.1M	28.5M	1.0	0.95
Other Current Assets	16.6M	11.8M	23.8M	34.8M	53.4M	56.1M
Other Stockholder Equity	916.1M	1.0B	1.4B	1.2B	1.0B	779.0M
Total Liab	990.2M	1.6B	1.8B	1.3B	782.6M	657.1M
Property Plant And Equipment Gross	103.3M	184.2M	199.2M	223.2M	442.7M	464.8M
Total Current Assets	807.3M	1.2B	1.6B	1.1B	414.8M	545.8M
Accumulated Other Comprehensive Income	(1.1M)	1.5M	(5.3M)	(57.5M)	(34.7M)	(33.0M)
Short Term Debt	5.3M	6.6M	6.7M	7.5M	357.1M	374.9M
Intangible Assets	34.7M	51.2M	40.6M	78.3M	52.4M	31.4M
Common Stock	122K	129K	137K	126K	103K	102.6K
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	310.5M	523.6M	746.0M	216.2M	249.5M	229.7M
Non Current Liabilities Other	918.8M	1.5B	7.4M	8.0M	3.3M	3.2M

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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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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 tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the Chegg Inc information on this page should be used as a complementary analysis to other Chegg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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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Is Chegg's industry 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

0.13

Revenue Per Share

6.324

Quarterly Revenue Growth

(0.07)

Return On Assets

(0)

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 Free Cash Flow vs Cash Per Share Analysis

Free Cash Flow vs Cash Per Share

Free Cash Flow vs Cash Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow

Cash Per Share

Chegg fundamental ratios Correlations

Chegg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chegg fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Chegg Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Long Term Debt
Short Term Investments	+ 0.98	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Cash And Short Term Investments	+ 0.98	Long Term Debt
Short Term Investments	+ 0.98	Long Term Debt
Short Term Investments	+ 0.98	Cash And Short Term Investments

Common Stock Total Equity	- 0.38	Retained Earnings
Cash	- 0.31	Retained Earnings
Other Stockholder Equity	- 0.29	Retained Earnings
Long Term Debt	- 0.26	Retained Earnings
Other Assets	- 0.26	Retained Earnings
Retained Earnings	- 0.26	Common Stock Shares Outstanding