Cobra Resources Balance Sheet Health
Financial Health criteria checks 6/6
Cobra Resources has a total shareholder equity of £3.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.0M and £361.9K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£638.48k |
Equity | UK£3.60m |
Total liabilities | UK£361.91k |
Total assets | UK£3.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COBR's short term assets (£674.7K) exceed its short term liabilities (£361.9K).
Long Term Liabilities: COBR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: COBR is debt free.
Reducing Debt: COBR has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: COBR has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: COBR is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.