Northcoders Group PLC Working Capital to Net Assets Ratio
Northcoders Group PLC working capital to net assets ratio. Northcoders Group PLC (CODE) has a Working Capital to Net Assets ratio of 66.1% as of December 2025. Working capital of GBX1.54 Million (current assets of GBX2.51 Million minus current liabilities of GBX972.10K) is measured against net assets of GBX2.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Northcoders Group PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Northcoders Group PLC (2018–2025)
Working capital to net assets ratio of Northcoders Group PLC from 2018 to 2025. This chart shows how Northcoders Group PLC's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 66.1%, reflecting working capital of GBX1.54 Million against net assets of GBX2.32 Million GBX. See Northcoders Group PLC (CODE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Northcoders Group PLC Working Capital to Net Assets Ratio by Year (2018–2025)
Northcoders Group PLC working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Northcoders Group PLC from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Northcoders Group PLC.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 66.1% | GBX1.54 Million | GBX2.32 Million | GBX2.51 Million | GBX972.10K | ▲ +30.1 pp |
| 2024 | 36.0% | GBX1.91 Million | GBX5.31 Million | GBX3.27 Million | GBX1.36 Million | ▼ -3.7 pp |
| 2023 | 39.7% | GBX1.91 Million | GBX4.82 Million | GBX3.73 Million | GBX1.82 Million | ▼ -56.3 pp |
| 2022 | 96.0% | GBX4.46 Million | GBX4.64 Million | GBX5.72 Million | GBX1.26 Million | ▼ -7.8 pp |
| 2021 | 103.8% | GBX2.23 Million | GBX2.15 Million | GBX3.12 Million | GBX889.52K | ▲ +116.4 pp |
| 2020 | -12.6% | GBX67.59K | GBX-538.27K | GBX1.07 Million | GBX998.68K | ▼ -6.1 pp |
| 2019 | -6.4% | GBX-25.69K | GBX400.06K | GBX858.66K | GBX884.35K | ▲ +70.8 pp |
| 2018 | -77.3% | GBX-72.19K | GBX93.43K | GBX529.24K | GBX601.43K | — |