Cobra Resources PLC (COBR) — Working Capital to Net Assets Ratio
Cobra Resources PLC (COBR) has a Working Capital to Net Assets ratio of 12.1% as of June 2025. Working capital of GBX634.52K (current assets of GBX879.74K minus current liabilities of GBX245.21K) is measured against net assets of GBX5.26 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See COBR net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cobra Resources PLC Working Capital to Net Assets (2018–2024)
This chart shows how Cobra Resources PLC's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 12.1%, reflecting working capital of GBX634.52K against net assets of GBX5.26 Million GBX. Check Cobra Resources PLC tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cobra Resources PLC (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cobra Resources PLC from 2018 to 2024, covering 7 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 Cobra Resources PLC market cap and net worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |