Chegg Depreciation And Amortization from 2010 to 2024

CHGG Stock  USD 2.26  0.25  12.44%   
Chegg's Depreciation And Amortization is increasing over the last several years with stable swings. Depreciation And Amortization is predicted to flatten to about 66.9 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2012-09-30
Previous Quarter
19.7 M
Current Value
19.7 M
Quarterly Volatility
9.6 M
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 66.9 M, Interest Expense of 3.6 M or Selling General Administrative of 251.8 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.46 or PTB Ratio of 2.24. Chegg financial statements analysis is a perfect complement when working with Chegg Valuation or Volatility modules.
  
Check out the analysis of Chegg Correlation against competitors.

Latest Chegg's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Chegg Inc over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Chegg's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Pretty Stable
   Depreciation And Amortization   
       Timeline  

Chegg Depreciation And Amortization Regression Statistics

Arithmetic Mean61,182,539
Geometric Mean53,803,414
Coefficient Of Variation48.07
Mean Deviation21,358,298
Median62,415,000
Standard Deviation29,410,260
Sample Variance865T
Range110.4M
R-Value0.27
Mean Square Error864.8T
R-Squared0.07
Significance0.33
Slope1,759,881
Total Sum of Squares12109.5T

Chegg Depreciation And Amortization History

202466.9 M
2023129.7 M
202291.6 M
202174.1 M
202062.4 M
201930.2 M
201822.8 M

About Chegg Financial Statements

Chegg stakeholders use historical fundamental indicators, such as Chegg's Depreciation And Amortization, 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
Depreciation And Amortization129.7 M66.9 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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
(8.18)
Revenue Per Share
6.34
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0192
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.