Cobra Resources PLC (COBR) — Defensive Interval Ratio

Latest as of June 2025: 56 days

Cobra Resources PLC (COBR) has a Defensive Interval Ratio of 56 days as of June 2025. Defensive assets of GBX37.89K (cash GBX-, short-term investments GBX-, receivables GBX37.89K) cover 56 days of daily cash needs of GBX671.81/day. Check Cobra Resources PLC (COBR) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

56 days
Days of operational coverage

Defensive Assets

GBX37.89K
Cash + ST Investments + Receivables

Daily Cash Need

GBX671.81
Current Liabilities ÷ 365

Current Liabilities

GBX245.21K
GBX

Cobra Resources PLC Defensive Interval Ratio (2018–2024)

This chart shows how Cobra Resources PLC's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 56 days, meaning defensive assets of GBX37.89K can fund 56 days of operations without new revenue. Also explore Cobra Resources PLC (COBR) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cobra Resources PLC (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Cobra Resources PLC from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Cobra Resources PLC stock valuation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 147 days GBX116.86K GBX796.71/day GBX- GBX- ▲ +140 days
2023 6 days GBX6.25K GBX991.54/day GBX- GBX- ▼ -56 days
2022 63 days GBX39.26K GBX627.16/day GBX- GBX- ▲ +6 days
2021 57 days GBX36.89K GBX651.61/day GBX- GBX- ▼ -14 days
2020 71 days GBX69.41K GBX980.92/day GBX- GBX- ▲ +68 days
2019 3 days GBX4.54K GBX1.79K/day GBX- GBX- ▼ -374 days
2018 377 days GBX28.15K GBX74.65/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)