Cobra Resources PLC Working Capital to Net Assets Ratio
Cobra Resources PLC 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. Check Cobra Resources PLC (COBR) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Cobra Resources PLC (2018–2025)
Working capital to net assets ratio of Cobra Resources PLC from 2018 to 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 Cobra Resources PLC (COBR) defensive interval to measure how many days the company can operate on defensive assets alone.
Cobra Resources PLC Working Capital to Net Assets Ratio by Year (2018–2025)
Cobra Resources PLC working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see COBR total assets.
| 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 | — |