GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chegg Inc (NYSE:CHGG) » Definitions » Equity-to-Asset
中文

Chegg (CHGG) Equity-to-Asset : 0.55 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Chegg Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chegg's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $944.6 Mil. Chegg's Total Assets for the quarter that ended in Dec. 2023 was $1,727.2 Mil. Therefore, Chegg's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Chegg's Equity-to-Asset or its related term are showing as below:

CHGG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 0.88
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Chegg was 0.88. The lowest was 0.27. And the median was 0.54.

CHGG's Equity-to-Asset is ranked better than
53.56% of 267 companies
in the Education industry
Industry Median: 0.52 vs CHGG: 0.55

Chegg Equity-to-Asset Historical Data

The historical data trend for Chegg's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chegg Equity-to-Asset Chart

Chegg Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.27 0.38 0.45 0.55

Chegg Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.43 0.53 0.57 0.55

Competitive Comparison of Chegg's Equity-to-Asset

For the Education & Training Services subindustry, Chegg's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chegg's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chegg's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chegg's Equity-to-Asset falls into.



Chegg Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Chegg's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=944.618/1727.235
=0.55

Chegg's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=944.618/1727.235
=0.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chegg  (NYSE:CHGG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Chegg Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Chegg's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Chegg (CHGG) Business Description

Traded in Other Exchanges
Address
3990 Freedom Circle, Santa Clara, CA, USA, 95054
Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks and eTextbooks offerings.
Executives
Nathan J. Schultz officer: Chief Content Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Andrew J Brown officer: Chief Financial Officer C/O PALMONE, INC., 400 N. MCCARTHY BLVD., MILPITAS CA 95035
Esther Lem officer: Chief Marketing Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Paul Leblanc director 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Marcela Martin director C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
David Longo officer: Chief Accounting Officer 3990 FREEDOM DR, SANTA CLARA CA 95054
Ted Schlein director, 10 percent owner 2750 DANS HILL ROAD, MENLO PARK CA 94025
Daniel Rosensweig director, officer: President, CEO & Chairman C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
John Paul Fillmore officer: CHIEF BUSINESS OFFICER 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Sarah Bond director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robin Tomasello officer: VP, CORPORATE CONTROLLER C/O SENTINELONE, INC., 444 CASTRO ST., SUITE 400, MOUNTAIN VIEW CA 94041
John E. York director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Richard Sarnoff director C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Marne L. Levine director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Michael A. Osier officer: Chief Information Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054