World Chess PLC risk profile
80 Acute at or past the historical limit
Measured 1 September 2026 from CHSS's filed statements. Recomputed nightly.
80 (Acute), driven by Cash conversion at 100, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 84 | Acute | Stable | Drawdown from the 52-week high — 84.2% |
| Operating pressure | 41 | Elevated | Easing | Operating-margin drift — -42.6 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — -1.57x |
| Leverage and coverage | 55 | Elevated | Easing | Interest cover — -83.46x |
| Competitive position | 86 | Acute | Stable | Operating-margin gap against peers — -100.9 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.