World Chess (LSE:CHSS) Effective Interest Rate on Debt % : 10.40% (As of Dec. 2024)

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What is World Chess Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. World Chess's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was £0.18 Mil. World Chess's average total debt for the quarter that ended in Dec. 2024 was £1.71 Mil. Therefore, World Chess's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 10.40%.

World Chess Effective Interest Rate on Debt % Historical Data

The historical data trend for World Chess's Effective Interest Rate on 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.

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World Chess Effective Interest Rate on Debt % Chart

World Chess Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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11.45

16.58

17.36

9.67

8.88

World Chess Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						25.91	9.78	11.79	11.01	10.40

Competitive Comparison of World Chess's Effective Interest Rate on Debt %

For the Software - Application subindustry, World Chess's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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 Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, World Chess's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where World Chess's Effective Interest Rate on Debt % falls into.

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World Chess Effective Interest Rate on Debt % Calculation

World Chess's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.155	/	( (1.251	+	2.24)	/ 2 )
=	-1 * -0.155	/	1.7455
=	8.88 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.123	+	0.128
=	1.251

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.972	+	1.268
=	2.24

World Chess's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.178	/	( (1.184	+	2.24)	/ 2 )
=	-1 * -0.178	/	1.712
=	10.40 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.05	+	0.134
=	1.184

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.972	+	1.268
=	2.24

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

World Chess (LSE:CHSS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

World Chess Effective Interest Rate on Debt % Related Terms

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World Chess Business Description

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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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