Northcoders Group PLC (CODE) — Defensive Interval Ratio
Northcoders Group PLC (CODE) has a Defensive Interval Ratio of 520 days as of June 2025. Defensive assets of GBX1.82 Million (cash GBX-, short-term investments GBX-, receivables GBX1.82 Million) cover 520 days of daily cash needs of GBX3.50K/day. Check CODE intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Northcoders Group PLC Defensive Interval Ratio (2018–2024)
This chart shows how Northcoders Group PLC's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 520 days, meaning defensive assets of GBX1.82 Million can fund 520 days of operations without new revenue. Also explore net asset growth rate of Northcoders Group PLC to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Northcoders Group PLC (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Northcoders Group PLC from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Northcoders Group PLC (CODE) total market value.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 561 days | GBX2.09 Million | GBX3.72K/day | GBX- | GBX- | ▲ +180 days |
| 2023 | 381 days | GBX1.90 Million | GBX4.98K/day | GBX- | GBX- | ▼ -441 days |
| 2022 | 822 days | GBX2.83 Million | GBX3.45K/day | GBX- | GBX- | ▲ +258 days |
| 2021 | 564 days | GBX1.37 Million | GBX2.44K/day | GBX- | GBX- | ▲ +456 days |
| 2020 | 108 days | GBX296.25K | GBX2.74K/day | GBX- | GBX- | ▲ +2 days |
| 2019 | 106 days | GBX257.81K | GBX2.42K/day | GBX- | GBX- | ▲ +6 days |
| 2018 | 101 days | GBX165.75K | GBX1.65K/day | GBX- | GBX- | — |