Cobra Resources Balance Sheet Health
Financial Health criteria checks 4/6
Cobra Resources has a total shareholder equity of £4.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.8M and £315.6K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£485.18k |
| Equity | UK£4.47m |
| Total liabilities | UK£315.60k |
| Total assets | UK£4.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COBR's short term assets (£1.1M) exceed its short term liabilities (£315.6K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: COBR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.5% each year