Northcoders Group PLC Cash Flow Conversion Efficiency

Latest as of December 2025: -0.210x

Northcoders Group PLC cash flow conversion efficiency. Based on the latest financial reports, Northcoders Group PLC (CODE) has a cash flow conversion efficiency ratio of -0.210x as of December 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 (GBX-488.05K ≈ $-59.38 USD) by net assets (GBX2.32 Million ≈ $282.64 USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Northcoders Group PLC (2018–2025)

Cash flow conversion efficiency of Northcoders Group PLC from 2018 to 2025. This chart illustrates how Northcoders Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Northcoders Group PLC stock price for real-time trading data and today's change.

Northcoders Group PLC Cash Flow Conversion Ratio Explained

Northcoders Group PLC cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see CODE market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Iep Invest BR:IEP	-0.003x
Feedback PLC LSE:FDBK	-0.403x
Braveheart Investment Group LSE:BRH	-0.121x
Allurion Technologies, Inc. NYSE:ALUR	0.041x
Jarvis Securities LSE:JIM	-0.422x
Petrel Resources LSE:PET	0.041x
Bruush Oral Care Inc. NASDAQ:BRSHF	1.689x
Mobile Tornado Group plc LSE:MBT	0.019x

Annual Cash Flow Conversion Efficiency for Northcoders Group PLC (2018–2025)

The table below shows the annual cash flow conversion efficiency of Northcoders Group PLC from 2018 to 2025. Review cash generation quality of Northcoders Group PLC to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	GBX2.32 Million ≈ $282.64	GBX-134.62K ≈ $-16.38	-0.058x	-131.54%
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

LSE:CODE UK Education & Training Services

Market Cap

$20.47K

GBX168.24 Million GBX

Market Cap Rank

#31784 Global

#1254 in UK

Share Price

GBX21.00

Change (1 day)

+0.00%

52-Week Range

GBX18.00 - GBX35.50

All Time High

GBX380.00