Chegg Balance Sheet Health
Financial Health criteria checks 4/6
Chegg has a total shareholder equity of $944.6M and total debt of $599.8M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are $1.7B and $782.6M respectively.
Key information
63.5%
Debt to equity ratio
US$599.84m
Debt
| Interest coverage ratio | n/a |
| Cash | US$330.01m |
| Equity | US$944.62m |
| Total liabilities | US$782.62m |
| Total assets | US$1.73b |
Recent financial health updates
Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Apr 05
Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Sep 21Is Chegg (NYSE:CHGG) A Risky Investment?
Jun 22Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Mar 05Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Oct 28We Think Chegg (NYSE:CHGG) Can Stay On Top Of Its Debt
Jul 28Recent updates
Falling Behind: Chegg's Strategic Blunders In The AI Race
Apr 23Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Apr 05The Steep Learning Curve Chegg Is Trying To Climb
Feb 06Pinning Down Chegg, Inc.'s (NYSE:CHGG) P/S Is Difficult Right Now
Jan 19Chegg's Cheap Valuation Is Deceiving
Nov 01When Should You Buy Chegg, Inc. (NYSE:CHGG)?
Oct 31Chegg, Inc: Concerning Business Outlook And Uncertain AI Prospects
Oct 05Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Sep 21You Ask Chegg Answers: Potential Top AI Investment
Sep 08Surprise Surprise! Chegg Becomes A Generative AI Play
Aug 08At US$10.10, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jul 28Chegg: New Personalized AI Tutor For College Could Be Killer App
Jun 29Is Chegg (NYSE:CHGG) A Risky Investment?
Jun 22Chegg: AI Loser Could Turn Into Big Winner
Jun 14Chegg, Inc.'s (NYSE:CHGG) Intrinsic Value Is Potentially 99% Above Its Share Price
May 20Investors Don't See Light At End Of Chegg, Inc.'s (NYSE:CHGG) Tunnel And Push Stock Down 42%
May 05Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?
Apr 18Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Mar 05Chegg enters $150M accelerated share repurchase agreement
Feb 24Chegg Q4 2022 Earnings Preview
Feb 05At US$24.53, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jan 12An Intrinsic Calculation For Chegg, Inc. (NYSE:CHGG) Suggests It's 29% Undervalued
Dec 05Chegg Non-GAAP EPS of $0.21 beats by $0.07, revenue of $164.74M beats by $6.4M
Nov 01Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Oct 28Chegg names new operations chief
Oct 19Chegg upgraded to outperform at Northland Securities on attractive valuation
Sep 08What Is Chegg, Inc.'s (NYSE:CHGG) Share Price Doing?
Aug 23Chegg: Industry Disruptor At A Discount
Aug 15We Think Chegg (NYSE:CHGG) Can Stay On Top Of Its Debt
Jul 28Chegg: Massive Buybacks And Possible Buyout Make It A Buy
Jun 06Is There An Opportunity With Chegg, Inc.'s (NYSE:CHGG) 49% Undervaluation?
May 17Chegg Crumbles After Earnings: Too Cheap To Ignore
May 04Chegg (NYSE:CHGG) Is Experiencing Growth In Returns On Capital
Apr 05Is Chegg, Inc. (NYSE:CHGG) Potentially Undervalued?
Mar 21Chegg: Growth And Profitability On The Horizon
Feb 16Financial Position Analysis
Short Term Liabilities: CHGG's short term assets ($414.8M) do not cover its short term liabilities ($518.5M).
Long Term Liabilities: CHGG's short term assets ($414.8M) exceed its long term liabilities ($264.2M).
Debt to Equity History and Analysis
Debt Level: CHGG's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: CHGG's debt to equity ratio has reduced from 69.1% to 63.5% over the past 5 years.
Debt Coverage: CHGG's debt is well covered by operating cash flow (41%).
Interest Coverage: Insufficient data to determine if CHGG's interest payments on its debt are well covered by EBIT.