Northcoders Group PLC Net Assets
Northcoders Group PLC net assets. Based on the latest financial reports, Northcoders Group PLC (CODE) has net assets worth GBX2.32 Million GBX (≈ $282.64 USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX4.10 Million ≈ $498.89 USD) and total liabilities (GBX1.78 Million ≈ $216.25 USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CODE net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.32 Million |
| % of Total Assets | 56.65% |
| Annual Growth Rate | 58.25% |
| 5-Year Change | 7.93% |
| 10-Year Change | N/A |
| Growth Volatility | 170.65 |
Net Assets of Northcoders Group PLC (2018–2025)
Net assets of Northcoders Group PLC from 2018 to 2025. This chart illustrates how Northcoders Group PLC's net assets have evolved over time, based on quarterly financial data. See CODE net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Northcoders Group PLC (2018–2025)
The table below shows the annual net assets of Northcoders Group PLC from 2018 to 2025. For live market cap and overall valuation, see Northcoders Group PLC stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX2.32 Million ≈ $282.64 |
-56.27% |
| 2024-12-31 | GBX5.31 Million ≈ $646.34 |
+10.27% |
| 2023-12-31 | GBX4.82 Million ≈ $586.16 |
+3.79% |
| 2022-12-31 | GBX4.64 Million ≈ $564.76 |
+115.67% |
| 2021-12-31 | GBX2.15 Million ≈ $261.86 |
+499.83% |
| 2020-12-31 | GBX-538.27K ≈ $-65.49 |
-234.55% |
| 2019-12-31 | GBX400.06K ≈ $48.68 |
+328.19% |
| 2018-12-31 | GBX93.43K ≈ $11.37 |
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Equity Component Analysis
This analysis shows how different components contribute to Northcoders Group PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 374572500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Northcoders Group PLC Net Assets Breakdown (December 2025)
Northcoders Group PLC net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX80.11K | 3.45% |
| Other Comprehensive Income | GBX334.24K | 14.39% |
| Other Components | GBX5.75 Million | 247.45% |
| Total Equity | GBX2.32 Million | 100.00% |
Northcoders Group PLC Competitors by Market Cap
The table below lists competitors of Northcoders Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iep Invest
BR:IEP
|
$20.59K |
|
Feedback PLC
LSE:FDBK
|
$20.79K |
|
Braveheart Investment Group
LSE:BRH
|
$21.01K |
|
Allurion Technologies, Inc.
NYSE:ALUR
|
$21.01K |
|
Jarvis Securities
LSE:JIM
|
$20.41K |
|
Petrel Resources
LSE:PET
|
$20.22K |
|
Bruush Oral Care Inc.
NASDAQ:BRSHF
|
$20.19K |
|
Mobile Tornado Group plc
LSE:MBT
|
$20.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northcoders Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,312,174 to 2,322,965, a change of -2,989,209 (-56.3%).
- Net loss of 3,028,561 reduced equity.
- Other comprehensive income decreased equity by 37,428.
- Other factors increased equity by 76,780.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.03 Million | -130.37% |
| Other Comprehensive Income | GBX-37.43K | -1.61% |
| Other Changes | GBX76.78K | +3.31% |
| Total Change | GBX- | -56.27% |
Book Value vs Market Value Analysis
This analysis compares Northcoders Group PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 72.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1560.88x to 72.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX0.01 | GBX21.00 | x |
| 2019-12-31 | GBX0.06 | GBX21.00 | x |
| 2020-12-31 | GBX-0.08 | GBX21.00 | x |
| 2021-12-31 | GBX0.31 | GBX21.00 | x |
| 2022-12-31 | GBX0.65 | GBX21.00 | x |
| 2023-12-31 | GBX0.60 | GBX21.00 | x |
| 2024-12-31 | GBX0.66 | GBX21.00 | x |
| 2025-12-31 | GBX0.29 | GBX21.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northcoders Group PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -130.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.19%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.77x
- Recent ROE (-130.37%) is below the historical average (-0.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 38.52% | 3.23% | 1.25x | 9.54x | GBX26.65K |
| 2019 | 106.82% | 20.88% | 1.49x | 3.44x | GBX387.34K |
| 2020 | 0.00% | -69.95% | 0.74x | 0.00x | GBX-884.51K |
| 2021 | -16.64% | -11.90% | 0.68x | 2.04x | GBX-573.34K |
| 2022 | 7.75% | 6.42% | 0.76x | 1.58x | GBX-104.64K |
| 2023 | -20.90% | -14.18% | 0.98x | 1.51x | GBX-1.49 Million |
| 2024 | 7.32% | 4.41% | 1.26x | 1.32x | GBX-142.36K |
| 2025 | -130.37% | -61.19% | 1.21x | 1.77x | GBX-3.26 Million |
Industry Comparison
This section compares Northcoders Group PLC's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $24,759,886
- Average return on equity (ROE) among peers: 6.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northcoders Group PLC (CODE) | GBX2.32 Million | 38.52% | 0.77x | $20.47K |
| Malvern International (MLVN) | $-3.12 Million | 0.00% | 0.00x | $29.44K |
| Wilmington PLC (WIL) | $52.64 Million | 12.32% | 1.65x | $3.05 Million |
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. It also engages in the provision of software development training courses; and non-tr… Read more