Northcoders GroupLSE:CODE 39 Quick Ratio is 2.58 as of Dec. 2025, which is 16% above its 10-year median of 2.23. GuruFocus rates LSE:CODE with a GF Score™ of 39/100 and a GF Value™ of £0.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 261 Education companies, Northcoders Group ranks better than 74.71% on this metric.
Northcoders Group has a quick ratio of 2.58. It generally indicates good short-term financial strength.
The historical rank and industry rank for Northcoders Group's Quick Ratio or its related term are showing as below:
LSE:CODE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.88 Med: 2.23 Max: 4.54
Current: 2.58
During the past 8 years, Northcoders Group's highest Quick Ratio was 4.54. The lowest was 0.88. And the median was 2.23.
LSE:CODE's Quick Ratio is ranked better than 74.71% of 261
companies
in the Education industry
Industry Median: 1.44
vs LSE:CODE: 2.58
Northcoders Group (LSE:CODE) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Northcoders Group Quick Ratio Related Terms
Northcoders Group Quick Ratio Historical Data
* Premium members only.
The historical data trend for Northcoders Group's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Education & Training Services subindustry, Northcoders Group's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Northcoders Group Quick Ratio vs Education Industry
For the Education industry and Consumer Defensive sector, Northcoders Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Northcoders Group's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Northcoders Group's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Northcoders Group (LSE:CODE) has a Quick Ratio of 2.58 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Northcoders Group and its competitors. This is 16% above median its historical median of 2.23. Over the past decade, Northcoders Group's Quick Ratio has ranged from 0.88 to 4.54. According to the industry distribution chart, Northcoders Group ranks #66 out of 261 companies in the Education industry, placing it in the top 25.3%.
Is Northcoders Group's Quick Ratio too high?
Northcoders Group's current Quick Ratio of 2.58 is 16% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 4.54. The Education industry median Quick Ratio is 1.44. Northcoders Group's value of 2.58 is 79.2% above this industry median. Based on the distribution chart, Northcoders Group ranks #66 out of 261 companies in the Education industry, which is above the industry midpoint. Overall, Northcoders Group has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northcoders Group's Quick Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Northcoders Group ranks #66 out of 261 companies for Quick Ratio. This puts Northcoders Group in the upper half of its industry. The industry median Quick Ratio is 1.44. Northcoders Group's value of 2.58 is 79.2% above this benchmark. Historically, Northcoders Group's own Quick Ratio has ranged from 0.88 to 4.54 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.44, Northcoders Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Education company?
The median Quick Ratio among Education companies is 1.44, based on 261 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northcoders Group's current Quick Ratio of 2.58 is 79.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Northcoders Group and its competitors. For the Education industry, the median Quick Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northcoders Group's current Quick Ratio is 2.58, which is 16% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northcoders Group stock overvalued right now?
Based on GuruFocus' analysis, Northcoders Group (LSE:CODE) is currently considered Possible Value Trap. The stock's GF Value™ is £0.97, compared to a current price of £0.26 — trading 73.7% below its estimated fair value. The current Quick Ratio is 2.58, which is 16% above median its 10-year median of 2.23 and 79.2% above the Education industry median of 1.44. Northcoders Group's overall GF Score™ is 39/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Northcoders Group (LSE:CODE), the current Quick Ratio is 2.58 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Northcoders Group (LSE:CODE) Overvalued in 2026?
Based on GuruFocus' analysis, Northcoders Group stock appears to be undervalued.
The current stock price of £0.26 is trading 73.7% below its estimated GF Value™ of £0.97.
GuruFocus considers Northcoders Group to be Possible Value Trap.
Key valuation signals for LSE:CODE:
Quick Ratio: 2.58 (16% above median its 10-year median of 2.23)
GF Value™: £0.97 vs. price of £0.26 (73.7% below fair value)
Industry Position: 79.2% above the Education median (#66 of 261)
No single metric tells the full story. See the LSE:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northcoders Group PLC is an independent provider of training programs for software coding. It offers a range of training and software development solutions to individual and corporate customers. Its offering includes bootcamp training courses, government-funded apprenticeships, bespoke training courses, and software development solutions.
39GF Score
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