Chegg Other Liab vs Total Assets Analysis
CHGG Stock | USD 4.07 0.31 7.08% |
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 Other Liab and its Total Assets 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.
Other Liab vs Total Assets
Other Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chegg Inc Other Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chegg's Other Liab and Total Assets is 0.73. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Assets 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 Other Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Chegg Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Liab i.e., Chegg's Other Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
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.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 |
Chegg fundamental ratios Correlations
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Chegg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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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.