Chegg Net Tangible Assets from 2010 to 2026

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Chegg's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 359.4 M. Net Tangible Assets is the total assets of Chegg Inc minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
486.6 M
Current Value
359.4 M
Quarterly Volatility
197.4 M
 
Credit Downgrade
 
Yuan Drop
 
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 Net Tangible Assets 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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Chegg Inc over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Chegg's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Chegg Net Tangible Assets Regression Statistics

Arithmetic Mean264,086,653
Geometric Mean199,809,633
Coefficient Of Variation74.74
Mean Deviation154,908,416
Median244,637,000
Standard Deviation197,377,096
Sample Variance38957.7T
Range691.6M
R-Value0.79
Mean Square Error15871.5T
R-Squared0.62
Significance0.0002
Slope30,728,530
Total Sum of Squares623323.5T

Chegg Net Tangible Assets History

2026359.4 M
2025486.6 M
2022423.2 M
2021776.6 M
2020273.2 M
2019249.6 M
2018235.2 M

About Chegg Financial Statements

Chegg stakeholders use historical fundamental indicators, such as Chegg's Net Tangible Assets, 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
Net Tangible Assets486.6 M359.4 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.