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
DateValue
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