World Non Current Liabilities Total vs Total Assets Analysis

CHSS Stock   3.75  0.15  3.85%   
World Chess financial indicator trend analysis is more than just analyzing World Chess PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Chess PLC is a good investment. Please check the relationship between World Chess Non Current Liabilities Total and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in World Chess PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Chess PLC Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between World Chess' Non Current Liabilities Total and Total Assets is -0.97. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of World Chess PLC, assuming nothing else is changed. The correlation between historical values of World Chess' Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of World Chess PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., World Chess' Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of World Chess assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in World Chess PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from World Chess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into World Chess PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in World Chess PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 3.1 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense308.3K337.5K191.4K286.2K
Depreciation And Amortization396.4K632.9K843.2K478.8K

World Chess fundamental ratios Correlations

0.550.640.790.670.540.35-0.430.710.530.65-0.820.420.79-0.340.79-0.970.810.350.710.430.440.720.840.69
0.550.660.750.060.430.91-0.460.510.430.6-0.90.380.9-0.290.86-0.710.09-0.270.370.63-0.040.550.630.41
0.640.660.97-0.120.270.51-0.590.390.470.56-0.840.360.82-0.270.8-0.770.12-0.040.420.950.120.290.60.44
0.790.750.970.080.380.59-0.570.530.510.65-0.930.40.91-0.30.88-0.890.30.030.510.880.190.480.730.52
0.670.06-0.120.080.44-0.09-0.020.50.260.26-0.240.230.22-0.260.23-0.510.920.480.51-0.370.460.60.50.51
0.540.430.270.380.440.57-0.820.91-0.320.87-0.57-0.410.52-0.660.55-0.50.55-0.470.820.23-0.460.120.840.92
0.350.910.510.59-0.090.57-0.550.60.040.71-0.76-0.010.77-0.250.75-0.49-0.01-0.560.410.56-0.40.350.620.42
-0.43-0.46-0.59-0.57-0.02-0.82-0.55-0.720.22-0.830.640.32-0.590.66-0.630.48-0.210.63-0.76-0.60.550.18-0.75-0.87
0.710.510.390.530.50.910.6-0.72-0.110.96-0.69-0.210.69-0.340.73-0.670.69-0.250.930.28-0.230.380.960.87
0.530.430.470.510.26-0.320.040.22-0.11-0.12-0.470.990.50.130.46-0.60.190.6-0.010.270.820.650.13-0.06
0.650.60.560.650.260.870.71-0.830.96-0.12-0.77-0.230.77-0.340.8-0.660.5-0.40.890.5-0.350.270.950.84
-0.82-0.9-0.84-0.93-0.24-0.57-0.760.64-0.69-0.47-0.77-0.37-0.980.38-0.970.92-0.380.11-0.64-0.74-0.08-0.57-0.85-0.65
0.420.380.360.40.23-0.41-0.010.32-0.210.99-0.23-0.370.410.180.37-0.490.110.6-0.110.180.810.610.02-0.16
0.790.90.820.910.220.520.77-0.590.690.50.77-0.980.41-0.240.99-0.90.36-0.110.660.70.10.590.840.61
-0.34-0.29-0.27-0.3-0.26-0.66-0.250.66-0.340.13-0.340.380.18-0.24-0.230.34-0.220.35-0.32-0.310.310.13-0.4-0.67
0.790.860.80.880.230.550.75-0.630.730.460.8-0.970.370.99-0.23-0.880.39-0.140.730.670.060.540.870.66
-0.97-0.71-0.77-0.89-0.51-0.5-0.490.48-0.67-0.6-0.660.92-0.49-0.90.34-0.88-0.65-0.24-0.66-0.59-0.39-0.72-0.84-0.65
0.810.090.120.30.920.55-0.01-0.210.690.190.5-0.380.110.36-0.220.39-0.650.450.69-0.120.40.60.690.63
0.35-0.27-0.040.030.48-0.47-0.560.63-0.250.6-0.40.110.6-0.110.35-0.14-0.240.45-0.19-0.240.950.56-0.16-0.3
0.710.370.420.510.510.820.41-0.760.93-0.010.89-0.64-0.110.66-0.320.73-0.660.69-0.190.25-0.150.240.930.92
0.430.630.950.88-0.370.230.56-0.60.280.270.5-0.740.180.7-0.310.67-0.59-0.12-0.240.25-0.110.090.460.32
0.44-0.040.120.190.46-0.46-0.40.55-0.230.82-0.35-0.080.810.10.310.06-0.390.40.95-0.15-0.110.65-0.07-0.25
0.720.550.290.480.60.120.350.180.380.650.27-0.570.610.590.130.54-0.720.60.560.240.090.650.460.12
0.840.630.60.730.50.840.62-0.750.960.130.95-0.850.020.84-0.40.87-0.840.69-0.160.930.46-0.070.460.89
0.690.410.440.520.510.920.42-0.870.87-0.060.84-0.65-0.160.61-0.670.66-0.650.63-0.30.920.32-0.250.120.89
Click cells to compare fundamentals

World Chess Account Relationship Matchups

World Chess fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2M4.4M7.6M5.9M6.0M5.8M
Short Long Term Debt Total3.1M2.2M1.4M2.5M1.5M2.0M
Other Current Liab1.2M5.4M3.3M1.4M2.6M2.6M
Total Current Liabilities2.1M5.8M4.9M3.3M3.5M3.7M
Total Stockholder Equity(381.9K)(3.5M)2.6M1.2M1.0M1.1M
Property Plant And Equipment Net286.5K127.5K148.8K2.0M2.2M2.3M
Net Debt2.1M1.6M(94.4K)2.5M1.3M1.4M
Retained Earnings(4.0M)(7.2M)(3.0M)(5.5M)(10.2M)(9.7M)
Cash1.0M521.3K1.5M35.6K186.9K177.5K
Non Current Assets Total2.4M3.3M2.5M4.8M5.4M3.8M
Cash And Short Term Investments1.2M521.3K1.5M35.6K186.9K177.5K
Liabilities And Stockholders Equity4.2M4.4M7.6M5.9M6.0M5.8M
Non Current Liabilities Total2.4M2.1M76.3K1.5M1.5M1.5M
Inventory82.4K58.6K218.4K187.7K187.0K156.6K
Other Current Assets522.8K479.9K3.4M913.7K256.5K243.6K
Other Stockholder Equity3.6M3.6M5.6M6.6M11.1M6.2M
Total Liab4.5M7.9M5.0M4.8M5.0M5.7M
Total Current Assets1.8M1.1M5.1M1.1M630.4K598.8K
Short Term Debt717.8K70.2K1.4M1.2M149.2K141.7K
Intangible Assets1.9M2.0M2.4M2.8M3.1M2.5M

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