Northcoders Group PLC (CODE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Northcoders Group PLC (CODE) has a cash flow conversion efficiency ratio of 0.065x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX353.43K ≈ $43.00 USD) by net assets (GBX5.41 Million ≈ $657.65 USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Northcoders Group PLC's balance sheet to measure how much of total assets are equity-financed.
Northcoders Group PLC - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Northcoders Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Northcoders Group PLC earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Northcoders Group PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northcoders Group PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ATHANASE INNOVATION AB
F:H6H
|
N/A |
|
Cincon Electronics Co Ltd
TWO:3332
|
0.024x |
|
Minoan Group
LSE:MIN
|
-0.015x |
|
Collective Audience Inc.
NASDAQ:CAUD
|
0.868x |
|
PureCycle Technologies Inc
NASDAQ:PCTTW
|
-0.564x |
|
Synergia Energy Ltd.
LSE:SYN
|
-0.022x |
|
Clontarf Energy Plc
LSE:CLON
|
-0.001x |
|
Thai Oil Public Company Limited
F:LQZ
|
0.135x |
Annual Cash Flow Conversion Efficiency for Northcoders Group PLC (2018–2024)
The table below shows the annual cash flow conversion efficiency of Northcoders Group PLC from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Northcoders Group PLC.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | GBX5.31 Million ≈ $646.34 |
GBX975.98K ≈ $118.75 |
0.184x | +35.87% |
| 2023-12-31 | GBX4.82 Million ≈ $586.16 |
GBX651.44K ≈ $79.26 |
0.135x | +356.16% |
| 2022-12-31 | GBX4.64 Million ≈ $564.76 |
GBX-245.03K ≈ $-29.81 |
-0.053x | +89.56% |
| 2021-12-31 | GBX2.15 Million ≈ $261.86 |
GBX-1.09 Million ≈ $-132.36 |
-0.505x | -158.60% |
| 2020-12-31 | GBX-538.27K ≈ $-65.49 |
GBX-464.30K ≈ $-56.49 |
0.863x | -53.00% |
| 2019-12-31 | GBX400.06K ≈ $48.68 |
GBX734.25K ≈ $89.34 |
1.835x | -18.99% |
| 2018-12-31 | GBX93.43K ≈ $11.37 |
GBX211.68K ≈ $25.75 |
2.266x | -- |
About Northcoders Group PLC
Northcoders Group PLC provides training programs for software coding to individual and corporate customers in the United Kingdom. The company offers bootcamp training courses for software development, data engineering, cloud engineering, AI and machine learning, and corporate academies; and consultancy services. The company was founded in 2015 and is based in Manchester, the United Kingdom.