Chegg Income Quality from 2010 to 2024
| CHGG Stock | USD 2.11 0.19 8.26% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 13.54224422 | Current Value 14.22 | Quarterly Volatility 49.14587149 |
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.
Chegg | Income Quality |
Latest Chegg's Income Quality Growth Pattern
Below is the plot of the Income Quality of Chegg Inc over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Chegg's Income Quality 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.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
Chegg Income Quality Regression Statistics
| Arithmetic Mean | (14.87) | |
| Coefficient Of Variation | (330.61) | |
| Mean Deviation | 26.09 | |
| Median | (1.11) | |
| Standard Deviation | 49.15 | |
| Sample Variance | 2,415 | |
| Range | 202 | |
| R-Value | (0.22) | |
| Mean Square Error | 2,477 | |
| R-Squared | 0.05 | |
| Significance | 0.43 | |
| Slope | (2.40) | |
| Total Sum of Squares | 33,814 |
Chegg Income Quality History
About Chegg Financial Statements
Chegg stakeholders use historical fundamental indicators, such as Chegg's Income Quality, 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 Reported | Projected for Next Year | ||
| Income Quality | 13.54 | 14.22 |
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.