Chegg Balance Sheet Health
Financial Health criteria checks 4/6
Chegg has a total shareholder equity of $1.0B and total debt of $599.3M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are $1.8B and $771.3M respectively.
Key information
58.0%
Debt to equity ratio
US$599.29m
Debt
| Interest coverage ratio | n/a |
| Cash | US$261.26m |
| Equity | US$1.03b |
| Total liabilities | US$771.29m |
| Total assets | US$1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHGG *'s short term assets ($347.7M) exceed its short term liabilities ($150.2M).
Long Term Liabilities: CHGG *'s short term assets ($347.7M) do not cover its long term liabilities ($621.1M).
Debt to Equity History and Analysis
Debt Level: CHGG *'s net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: CHGG *'s debt to equity ratio has reduced from 72.1% to 58% over the past 5 years.
Debt Coverage: CHGG *'s debt is well covered by operating cash flow (40.5%).
Interest Coverage: Insufficient data to determine if CHGG *'s interest payments on its debt are well covered by EBIT.