World Chess Balance Sheet Health
Financial Health criteria checks 2/6
World Chess has a total shareholder equity of €852.7K and total debt of €35.1K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €6.1M and €5.2M respectively.
Key information
4.1%
Debt to equity ratio
€35.09k
Debt
| Interest coverage ratio | n/a |
| Cash | €92.20k |
| Equity | €852.70k |
| Total liabilities | €5.24m |
| Total assets | €6.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHSS's short term assets (€878.6K) do not cover its short term liabilities (€3.8M).
Long Term Liabilities: CHSS's short term assets (€878.6K) do not cover its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: CHSS has more cash than its total debt.
Reducing Debt: CHSS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CHSS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CHSS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.2% each year