Cash Ratio Analysis of Chegg Inc - Deep Dive
Cash Ratio of CHGG
Dec-230.637Not Good Cash Ratio | Dec-227.62Excellent Cash Ratio | Growth-91.64% |
Cash Ratio Analysis of Chegg Inc
Cash Ratio of CHGG drastically fell by -91.64 % this year. |
Cash Ratio with value of 13.52 was highest in Year Dec-21 in last Five Years. |
Cash Ratio with value of 0.637 was lowest in Year Dec-23 in last Five Years. |
Latest Cash Ratio with value of 0.637 is lower than Average Cash Ratio of 8.60 in last five years. |
Other Cash Ratio Related Info of CHGG that may interest you.
Chegg Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CHGG | 2.61 | 2.79 | 6.45 % | Education & Training Services |
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents. more ..![Cash Ratio Formula Cash Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/CashRatio.jpg)
Cash Ratio Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Cash Ratio of Chegg Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.637 | 7.62 | 13.52 | 10.44 | 10.77 | 7.84 | 4.04 |
Change | -91.64 % | -43.67 % | 29.52 % | -3.05 % | 37.27 % | 94.24 % | 235.90 % |
FY Chart of Cash Ratio of Chegg Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)