Chegg Interest Expense from 2010 to 2026

0CG Stock  EUR 0.49  0.01  2.08%   
Chegg's Interest Expense is increasing over the last several years with stable swings. Interest Expense is predicted to flatten to about 2.2 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2019-06-30
Previous Quarter
41 K
Current Value
41 K
Quarterly Volatility
6.7 M
 
Covid
 
Interest Hikes
Check Chegg financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chegg's main balance sheet or income statement drivers, such as Tax Provision of 179.6 M, Net Interest Income of 30.7 M or Interest Expense of 2.2 M, as well as many indicators such as . Chegg financial statements analysis is a perfect complement when working with Chegg Valuation or Volatility modules.
  
This module can also supplement various Chegg Technical models . Check out the analysis of Chegg Correlation against competitors.
The Interest Expense trend for Chegg Inc offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Chegg is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Chegg's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Chegg Inc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Chegg's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chegg's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Chegg Interest Expense Regression Statistics

Arithmetic Mean8,601,026
Geometric Mean0.00
Coefficient Of Variation213.41
Mean Deviation11,361,167
Median2,214,450
Standard Deviation18,355,180
Sample Variance336.9T
Range66.3M
R-Value0.20
Mean Square Error345.6T
R-Squared0.04
Significance0.45
Slope712,575
Total Sum of Squares5390.6T

Chegg Interest Expense History

20262.2 M
20252.3 M
20242.6 M
20233.8 M
2022M
20216.9 M
202066.3 M

About Chegg Financial Statements

Chegg stakeholders use historical fundamental indicators, such as Chegg's Interest Expense, to determine how well the company is positioned to perform in the future. Although Chegg investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chegg's assets and liabilities are reflected in the revenues and expenses on Chegg's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chegg Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense2.3 M2.2 M

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 the analysis of Chegg Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Understanding that Chegg's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Chegg represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Chegg's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.