Cobra Resources PLC (COBR) — Working Capital to Net Assets Ratio
Cobra Resources PLC (COBR) has a Working Capital to Net Assets ratio of 26.3% as of December 2025. Working capital of GBX2.11 Million (current assets of GBX2.45 Million minus current liabilities of GBX337.01K) is measured against net assets of GBX8.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cobra Resources PLC (COBR) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cobra Resources PLC Working Capital to Net Assets (2018–2025)
This chart shows how Cobra Resources PLC's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 26.3%, reflecting working capital of GBX2.11 Million against net assets of GBX8.01 Million GBX. See COBR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Cobra Resources PLC (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cobra Resources PLC from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see COBR market cap overview.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 26.3% | GBX2.11 Million | GBX8.01 Million | GBX2.45 Million | GBX337.01K | ▲ +13.3 pp |
| 2024 | 13.0% | GBX649.65K | GBX5.01 Million | GBX940.45K | GBX290.80K | ▲ +4.3 pp |
| 2023 | 8.7% | GBX312.81K | GBX3.60 Million | GBX674.72K | GBX361.91K | ▼ -20.6 pp |
| 2022 | 29.3% | GBX1.13 Million | GBX3.86 Million | GBX1.36 Million | GBX228.91K | ▲ +26.2 pp |
| 2021 | 3.1% | GBX63.53K | GBX2.08 Million | GBX301.37K | GBX237.84K | ▼ -44.1 pp |
| 2020 | 47.2% | GBX1.05 Million | GBX2.23 Million | GBX1.41 Million | GBX358.04K | ▼ -130.6 pp |
| 2019 | 177.8% | GBX-606.93K | GBX-341.33K | GBX45.11K | GBX652.04K | ▲ +77.8 pp |
| 2018 | 100.0% | GBX329.03K | GBX329.03K | GBX356.28K | GBX27.25K | — |