Altman Z Score analysis of Chegg Inc, Value 0.348

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Altman Z Score Analysis of Chegg Inc - Deep Dive

Birds's Eye

Latest FY Altman Z Score

Period Ending - Dec-23

0.348

Poor Altman Z Score

Period Ending - Dec-22

1.22

Not Good Altman Z Score

Growth

-71.50 %

Latest Altman Z Score

Period Ending - 14-Jun-24

0.567

Poor Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( -10.36 Cr / 172.72 Cr ) * 1.2	-0.072
(Retained Earning / Total Assets ) * 1.4 ( -5.24 Cr / 172.72 Cr ) * 1.4	-0.0425
(EBIT / Total Assets ) * 3.3 ( 1.97 Cr / 172.72 Cr ) * 3.3	0.0377
(Total Revenue / Total Assets ) ( 73.35 Cr / 172.72 Cr )	0.425
(Market Cap / Total Liabilities ) .6 ( 28.52 Cr / 78.26 Cr ) .6	0.219
Altman Z Score	0.567

Altman Z Score Analysis of Chegg Inc

Altman Z Score Ratio with value of 1.22 was highest in Year Dec-22 in last Five Years.
Altman Z Score Ratio with value of 0.348 was lowest in Year Dec-23 in last Five Years.
Latest Altman Z Score Ratio with value of 0.348 is lower than Average Altman Z Score of 0.712 in last five years.

Other Altman Z Score Related Info of CHGG that may interest you.

Chegg Inc Overview

Code	Price	Previous Price	Price Change	Sector
CHGG	2.79	3.04	8.22 %	Education & Training Services

Fundamental Analysis Technical Analysis

Defination of Altman Z Score

Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are. more ..

Altman Z Score Related Ratios

PiotroskiFScore

DebtToEquityRatio

Tsr Stability Index


No Significant Stability

FY - Historical Altman Z Score of Chegg Inc

Period	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Altman Z Score	0.348	1.22	0.738	0.691	0.562	0.351	-0.316
Change	-71.50 %	65.28 %	6.81 %	23.12 %	60.16 %	211.08 %	77.00 %

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FY Chart of Altman Z Score of Chegg Inc

Note : All Data Generated at the End of Trading Hours (EOD Data)