Northcoders Group

Northcoders Group Interest Coverage

The Interest Coverage Ratio of Northcoders Group (CODE.L) as of Nov 3, 2026 is 9.46. In the previous year, Interest Coverage Ratio was -4.07 — a change of -332.47% (higher).

Interest Coverage

9.46

YoY

-332.47%

Last updated:

Interest Coverage Ratio of Northcoders Group is 2024 9.46 . Interest Coverage Ratio of Northcoders Group was 2023 -4.07 . It decreases by -332.47% higher compared to the previous year.

The Northcoders Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
1.24 GBP
Jan 1, 2019
21.65 GBP
Jan 1, 2020
-10.27 GBP
Jan 1, 2021
-0.04 GBP
Jan 1, 2022
4.43 GBP
Jan 1, 2023
-4.07 GBP
Jan 1, 2024
9.46 GBP
The Northcoders Group Interest Coverage history
YEARInterest CoverageYoY
9.46-332.47%
-4.07-191.74%
4.43-9,972.59%
-0.04-99.56%
-10.27-147.46%
21.65+1,647.13%
1.24—

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Northcoders Group Stock analysis

What does Northcoders Group do? Northcoders Group PLC generates revenue through three segments: consumer bootcamps and apprenticeships, corporate solutions, and central operations. The company offers coding bootcamp programs, government-funded apprenticeships, bespoke training courses, and software development solutions. Individuals pay for bootcamps and apprenticeships, while corporate clients purchase bespoke training and software development services. The firm operates hybrid delivery through regional hubs in Manchester and Leeds and its online platform. The consumer segment targets individuals seeking career-ready junior software engineering roles after a 13-week coding bootcamp. Corporate clients engage Northcoders to place graduates with employers and access tailored training. Central operations support the delivery of all services, including the hybrid model combining in-person and digital offerings. Revenue streams include fees from individual participants in bootcamps and apprenticeships, corporate contracts for bespoke training and software development, and placement services for graduates. The company’s model connects learners with employers through its corporate solutions segment, enhancing placement success and recurring revenue. Northcoders Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Northcoders Group stock

Interest Coverage Ratio of Northcoders Group is 9.46 in 2024.

Interest Coverage Ratio of Northcoders Group changed from -4.07 to 9.46, representing a -332.47% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Northcoders Group since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Northcoders Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Northcoders Group

All Key Metrics — Northcoders Group