Kinchranks is a system used to measure how good someone's results are in comparison to the world record, then takes the results for every event and averages them. If you got a 10 second average on 3x3 and the world record was 5 seconds then you would have a 50 Kinch in that event because of the way it's calculated. 5.00/10.00*100=50.00
If you have the world record you have a 100 Kinch in that event.
Stanley Chapel has the highest kinch with 72.28 right now, but that could change as new records are broken. Here's a list of the top 25 best cubers by Kinch right now:
View attachment 21082
Also, it pays to have every event completed. Your Kinch will only be calculated for an event if you have an average in that event. The only exceptions are 3BLD, FMC, 4BLD, 5BLD and MBLD, in which singles can act as a good substitute. In those same events, if your single Kinch result is better than your average Kinch result, the number generated from comparing your single record with the world record will be put in.
There are also versions of Kinch that compare everyone in a certain state, country or continent with the State/National/Continental Records for that area, and work the same way except with different times.
If there's an area for which one is calculating such Kinch and there's an event missing, such as 5BLD for a lot of places, then everybody there gets 0.00 Kinch in that event.
Hopefully that was informative; I hope everyone could understand. I'll share a spreadsheet you can use to compare your results to all your friends' results so you can get a more firm grasp if my explanation wasn't good enough. In my opinion, Kinch is the best empirical method of determining who is the best cuber in any area.
https://docs.google.com/spreadsheets/d/14yz5Q2G-6a-SQpxFxNCK2HRmEzStg8Fruv0oxC5A9LU/edit?usp=sharing (group rankings for lots of people doing it)
https://docs.google.com/spreadsheets/d/10oEmvtSyUa5hXyuMRi5EvD8HJJ6khx6BnW8AnNWoj3E/edit?usp=sharing (one person's rankings, may need updating)
Sum of Ranks is also used but I don't like it as much because single and average sum of ranks are different and if someone doesn't compete in a popular event such as 3x3, their sum or ranks is going to suck because for every event you don't compete in, you have to find how many people have competed in that event and add 1. Additionally, whenever anyone gets any PR result better than yours you have to constantly update it whereas with Kinch you only have to update it when records are broken. Kinch is more balanced imo but that's just me.