Return On Asset ratio Analysis of Chegg Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Poor ROA
0.601
Period Ending - Dec-22
Good ROA
10.82
Growth
-94.45 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
3.66
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-0.082
ROA Analysis of Chegg Inc
| ROA Ratio of CHGG drastically fell by -94.45 % this year. |
| ROA Ratio with value of 10.82 was highest in Year Dec-22 in last Five Years. |
| ROA Ratio with value of -0.645 was lowest in Year Dec-19 in last Five Years. |
| Latest ROA Ratio with value of 0.601 is lower than Average ROA of 2.09 in last five years. |
| ROA of Chegg Inc is negative because of negative Income in Quarterly result ended on Mar-24. |
Other ROA Related Info of CHGG that may interest you.
Chegg Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CHGG | 3.83 | 3.77 | 1.59 % | Education & Training Services |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Asset of Chegg Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 0.601 | 10.82 | -0.0499 | -0.276 | -0.645 | -1.96 | -4.54 |
| Change | -94.45 % | 21754.34 % | 81.93 % | 57.16 % | 67.03 % | 56.89 % | 68.78 % |
FY Chart of Return On Asset of Chegg Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)