World Chess (LSE:CHSS) LT-Debt-to-Total-Asset : 0.20 (As of Jun. 2024)

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What is World Chess LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. World Chess's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.20.

World Chess's long-term debt to total assets ratio increased from Jun. 2023 (0.20) to Jun. 2024 (0.20). It may suggest that World Chess is progressively becoming more dependent on debt to grow their business.

World Chess LT-Debt-to-Total-Asset Historical Data

The historical data trend for World Chess's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

World Chess Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.58

0.47

0.01

0.22

World Chess Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.26	0.22	0.20	0.22	0.20

World Chess LT-Debt-to-Total-Asset Calculation

World Chess's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1.123	/	5.184
	=	0.22

World Chess's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1.05	/	5.153
	=	0.20

World Chess (LSE:CHSS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

World Chess LT-Debt-to-Total-Asset Related Terms

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World Chess Business Description

Industry

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

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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