Northcoders Group PLC (CODE) — Net Asset Quality Index
Northcoders Group PLC (CODE) has a Net Asset Quality Index of 56.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX4.10 Million minus total liabilities of GBX1.78 Million yields net assets of GBX2.32 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read total liabilities of Northcoders Group PLC for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Northcoders Group PLC Net Asset Quality Index Over Time (2018–2025)
This chart shows how Northcoders Group PLC's Net Asset Quality Index has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the index stands at 56.7%, representing net assets of GBX2.32 Million against total assets of GBX4.10 Million GBX. For live market cap and overall valuation, see Northcoders Group PLC (CODE) total market value.
Annual Net Asset Quality Index for Northcoders Group PLC (2018–2025)
The table below presents the year-by-year Net Asset Quality Index for Northcoders Group PLC from 2018 to 2025, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Northcoders Group PLC strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 56.7% | GBX2.32 Million | GBX4.10 Million | GBX1.78 Million | ▼ -19.4 pp |
| 2024 | 76.0% | GBX5.31 Million | GBX6.99 Million | GBX1.67 Million | ▲ +9.7 pp |
| 2023 | 66.3% | GBX4.82 Million | GBX7.26 Million | GBX2.45 Million | ▲ +3.0 pp |
| 2022 | 63.3% | GBX4.64 Million | GBX7.34 Million | GBX2.69 Million | ▲ +14.4 pp |
| 2021 | 48.9% | GBX2.15 Million | GBX4.40 Million | GBX2.25 Million | ▲ +78.8 pp |
| 2020 | -29.9% | GBX-538.27K | GBX1.80 Million | GBX2.34 Million | ▼ -59.0 pp |
| 2019 | 29.1% | GBX400.06K | GBX1.37 Million | GBX974.69K | ▲ +18.6 pp |
| 2018 | 10.5% | GBX93.43K | GBX891.32K | GBX797.89K | — |