World Chess (LSE:CHSS) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is World Chess Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. World Chess's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, World Chess couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for World Chess's Cash-to-Debt or its related term are showing as below:

LSE:CHSS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.82
Current: 0.13

During the past 6 years, World Chess's highest Cash to Debt Ratio was 0.82. The lowest was 0.01. And the median was 0.19.

LSE:CHSS's Cash-to-Debt is ranked worse than
89.61% of 2801 companies
in the Software industry
Industry Median: 2.47 vs LSE:CHSS: 0.13

World Chess Cash-to-Debt Historical Data

The historical data trend for World Chess's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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World Chess Cash-to-Debt Chart

World Chess Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.38

0.24

0.11

0.01

0.13

World Chess Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				0.11	0.39	0.01	0.16	0.13

Competitive Comparison of World Chess's Cash-to-Debt

For the Software - Application subindustry, World Chess's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

World Chess's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, World Chess's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where World Chess's Cash-to-Debt falls into.

World Chess Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

World Chess's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.161	/	(0.128	+	1.123)
	=	0.13

World Chess's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.161	/	(0.128	+	1.123)
	=	0.13

World Chess (LSE:CHSS) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

World Chess Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of World Chess's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

World Chess (LSE:CHSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » World Chess PLC (LSE:CHSS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 1 Royal Exchange, London, GBR, EC3V 3DG

Website

https://www.worldchess.com

World Chess PLC is the holding company of a group promoting the mass market appeal of chess globally through the commercial offering of chess-related activities. The activities of the company include the organization of top-level tournaments, operation of the official online gaming platform of the International Chess Federation and other sports, lifestyle and social activities, and merchandise related to chess.

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