CHGG
Price:
$1.9
Market Cap:
$196.97M
Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its print textbooks and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation...[Read more]
Industry
Education & Training Services
IPO Date
2013-11-13
Stock Exchange
NYSE
Ticker
CHGG
According to Chegg, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.89. This represents a change of -27.52% compared to the average of 1.23 of the last 4 quarters.
The mean historical Current Ratio of Chegg, Inc. over the last ten years is 6.38. The current 0.89 Current Ratio has changed 1.30% with respect to the historical average. Over the past ten years (40 quarters), CHGG's Current Ratio was at its highest in in the June 2021 quarter at 18.64. The Current Ratio was at its lowest in in the December 2023 quarter at 0.80.
Average
6.38
Median
6.34
Minimum
0.80
Maximum
14.19
Discovering the peaks and valleys of Chegg, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 156.46%
Maximum Annual Current Ratio = 14.19
Minimum Annual Increase = -90.29%
Minimum Annual Current Ratio = 0.80
Year | Current Ratio | Change |
---|---|---|
2023 | 0.80 | -90.29% |
2022 | 8.24 | -41.93% |
2021 | 14.19 | 31.64% |
2020 | 10.78 | -4.67% |
2019 | 11.31 | 36.34% |
2018 | 8.29 | 86.80% |
2017 | 4.44 | 156.46% |
2016 | 1.73 | -26.87% |
2015 | 2.37 | 42.53% |
2014 | 1.66 | -35.66% |
The current Current Ratio of Chegg, Inc. (CHGG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.74
5-year avg
9.06
10-year avg
6.38
Chegg, Inc.’s Current Ratio is less than Coursera, Inc. (2.52), less than Udemy, Inc. (1.28), less than TAL Education Group (2.94), greater than Youdao, Inc. (0.45), greater than 2U, Inc. (0.15), less than Stride, Inc. (5.10), greater than Adtalem Global Education Inc. (0.86), less than New Oriental Education & Technology Group Inc. (1.80), less than Gaotu Techedu Inc. (1.47), less than 17 Education & Technology Group Inc. (3.38), less than Elite Education Group International Limited (1.27),
Company | Current Ratio | Market cap |
---|---|---|
2.52 | $1.15B | |
1.28 | $1.17B | |
2.94 | $4.90B | |
0.45 | $413.34M | |
0.15 | $4.43M | |
5.10 | $3.44B | |
0.86 | $2.63B | |
1.80 | $10.06B | |
1.47 | $759.86M | |
3.38 | $15.26M | |
1.27 | $8.68M |
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