Chegg (CHGG) Depreciation and Depletion (2013 - 2022)
Chegg (CHGG) recorded quarterly Depreciation and Depletion of $89000.0 in Q2 2022, down 94.15% quarter-over-quarter from $1.5 million in Q1 2022, and down 96.85% on a YoY basis from $2.8 million in Q2 2021.
Chegg (CHGG) Depreciation and Depletion (2013 - 2022) Analysis & Trends
Chegg's Depreciation and Depletion history runs 7 years deep, the most recent figure standing at $89000.0 for Q2 2022.
- In Q2 2022, Depreciation and Depletion fell 96.85% year-over-year to $89000.0; the TTM figure through Mar 2023 stood at $89000.0 (down 98.97% YoY), while the FY2022 annual figure was $1.6 million, down 85.17% from the prior year.
- Depreciation and Depletion was $89000.0 for Q2 2022 at Chegg, down from $1.5 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $4.7 million in Q4 2020 to a low of $89000.0 in Q2 2022.
- Historically, Depreciation and Depletion has averaged $2.8 million across 3 years, with a median of $3.2 million in 2020.
- The sharpest annual moves came in 2021 and 2022: Depreciation and Depletion increased 6.61% in 2021, then sank 96.85% in 2022.
- A 3-year view of Depreciation and Depletion shows it stood at $4.7 million in 2020, then slumped by 60.97% to $1.8 million in 2021, then plunged by 95.15% to $89000.0 in 2022.
- The last three Depreciation and Depletion figures came in at $89000.0 (Q2 2022), $1.5 million (Q1 2022), and $1.8 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | - |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | - |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 18.39 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 11.38 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 14.90 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | - |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | -37.17 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 8.60 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 10 | Chegg | 124.02 Mn | 58.10 Mn | 37.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 89,000.00 |
| Jun 30, 2022 | 89,000.00 |
| Mar 31, 2022 | 1.52 Mn |
| Mar 31, 2022 | 1.52 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Sep 30, 2021 | 2.44 Mn |
| Sep 30, 2021 | 2.44 Mn |
| Jun 30, 2021 | 2.82 Mn |
| Jun 30, 2021 | 2.82 Mn |
| Mar 31, 2021 | 3.76 Mn |
| Mar 31, 2021 | 3.76 Mn |
| Dec 31, 2020 | 4.70 Mn |
| Dec 31, 2020 | 4.70 Mn |
| Sep 30, 2020 | 3.60 Mn |
| Sep 30, 2020 | 3.60 Mn |
| Jun 30, 2020 | 3.60 Mn |
| Jun 30, 2020 | 3.60 Mn |
| Mar 31, 2020 | 3.53 Mn |
| Mar 31, 2020 | 3.53 Mn |