|
|
|
Chegg Inc's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period
Return on Assets, Quarterly Results, Trends, Rankings, Statistics
What is Chegg Inc's ROA in the second quarter of 2024?
Chegg Inc recorded a cumulative net loss of $-627 million during 12 months ending in the second quarter of 2024, resulting in a negative return on assets (ROA) of -39.84%.
However, within the Services sector 420 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2024 from 1880 to 3091.
What is ROA?
|
Select the Comparisons :
|
|
Select the Ratio:
|
|
| Return On Assets |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Total Assets Change |
-43.57 % |
-26.66 % |
-30.37 % |
-25.22 % |
-26.46 % |
| Y / Y Net Income Change |
- |
- |
420.18 % |
- |
229.21 % |
| Net Income (TTM) in million |
-627 |
15 |
18 |
10 |
280 |
| Return On Assets (TTM) |
-39.84 % |
0.82 % |
0.94 % |
0.49 % |
12.31 % |
| CHGG's Total
Ranking |
# 3091 |
# 1880 |
# 2018 |
# 2448 |
# 514 |
| Total Assets (TTM) in million |
1,096 |
1,712 |
1,705 |
1,781 |
1,943 |
| Seq. Total Assets Change |
-35.96 % |
0.42 % |
-4.29 % |
-8.32 % |
-16.77 % |
| Seq. Net Income Change |
- |
- |
- |
- |
1025.89 % |
| Return
On Assets Company Ranking |
| Within: |
No. |
| Industry |
# 13 |
| Sector |
# 421 |
| Overall |
# 3081 |
| Return On Assets Statistics |
| High |
Average |
Low |
12.52 % |
-3.78 % |
-39.31 % |
| (Sep 30 2022) |
|
(Jun 30 2024) |
| Annual Return On Assets |
(Dec 31 2023)
FY 2023 |
(Dec 31 2022)
FY 2022 |
(Dec 31 2021)
FY 2021 |
(Dec 31 2020)
FY 2020 |
(Dec 31 2019)
FY 2019 |
| Y / Y Total Assets Change |
-30.37 % |
-15.71 % |
30.27 % |
49.76 % |
95.68 % |
| Total Assets in million |
1,705 |
2,448 |
2,905 |
2,230 |
1,489 |
| Y / Y Net Income Change |
-93.18 % |
- |
- |
- |
- |
| Net Income in million |
18 |
267 |
-1 |
-6 |
-10 |
| Return On Assets |
1.07 % |
10.89 % |
-0.05 % |
-0.28 % |
-0.65 % |
| Comment on CHGG's ROA in the fiscal year ending 2023 |
|
In the fiscal year 2023 Chegg Inc's ROA decreased compared to previous year to 1.07 %, due to deterioration of net income -93.18 % to $18.18 million, from $266.64 million a year ago, as CHGG's assets were $1,704.88 million.
|
| Companies with similar Return On Assets at Jun 30 2024, within Services Sector | ROA |
|
Date modified: 2024-09-07T13:21:13+00:00
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2024 CSIMarket, Inc. All rights
reserved.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
