World Chess Balance Sheet Health
Financial Health criteria checks 4/6
World Chess has a total shareholder equity of €1.0M and total debt of €33.0K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are €6.0M and €5.0M respectively.
Key information
3.3%
Debt to equity ratio
€32.99k
Debt
Interest coverage ratio | n/a |
Cash | €186.88k |
Equity | €1.01m |
Total liabilities | €5.01m |
Total assets | €6.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHSS's short term assets (€630.4K) do not cover its short term liabilities (€3.5M).
Long Term Liabilities: CHSS's short term assets (€630.4K) do not cover its long term liabilities (€1.5M).
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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CHSS is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.