Northcoders Group PLC Tangible Net Worth Ratio
Northcoders Group PLC tangible net worth ratio. Northcoders Group PLC (CODE) has a Tangible Net Worth Ratio of 95.7% as of December 2025. This metric is calculated by deducting intangible assets (GBX99.53K) from net assets (GBX2.32 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check CODE strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Northcoders Group PLC (2018–2025)
Tangible net worth ratio of Northcoders Group PLC from 2018 to 2025. This chart shows how Northcoders Group PLC's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 95.7%, reflecting net assets of GBX2.32 Million with intangible assets of GBX99.53K GBX. See CODE working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Northcoders Group PLC Tangible Net Worth Ratio by Year (2018–2025)
Northcoders Group PLC tangible net worth ratio by year from 2018 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Northcoders Group PLC from 2018 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market value of Northcoders Group PLC.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.7% | GBX2.32 Million | GBX99.53K | GBX4.10 Million | ▲ +34.4 pp |
| 2024 | 61.3% | GBX5.31 Million | GBX2.05 Million | GBX6.99 Million | ▼ -2.4 pp |
| 2023 | 63.7% | GBX4.82 Million | GBX1.75 Million | GBX7.26 Million | ▼ -17.5 pp |
| 2022 | 81.2% | GBX4.64 Million | GBX871.85K | GBX7.34 Million | ▲ +4.2 pp |
| 2021 | 77.0% | GBX2.15 Million | GBX495.07K | GBX4.40 Million | ▲ +11.6 pp |
| 2019 | 65.4% | GBX400.06K | GBX138.52K | GBX1.37 Million | ▲ +56.6 pp |
| 2018 | 8.7% | GBX93.43K | GBX85.26K | GBX891.32K | — |