WH Smith PLC (SMWH) — Financial Flexibility Index

Latest as of February 2026: 0.03x

WH Smith PLC (SMWH) has a Financial Flexibility Index of 0.03x as of February 2026. Free cash flow of GBX42.00 Million (operating CF GBX-4.00 Million minus capex GBX46.00 Million) represents 0% of total liabilities (GBX1.29 Billion). Check WH Smith PLC strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

GBX42.00 Million
Operating CF − Capex

Total Liabilities

GBX1.29 Billion
GBX

Capital Expenditures

GBX46.00 Million
GBX

WH Smith PLC Financial Flexibility Index (2005–2025)

Historical Financial Flexibility Index trend for WH Smith PLC across 21 annual periods. See WH Smith PLC current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for WH Smith PLC (2005–2025)

Year-by-year free cash flow to debt coverage for WH Smith PLC. For the full company profile including market capitalisation, see SMWH stock market capitalisation.

Year Flexibility Index Free Cash Flow (GBX) Operating CF Total Liabilities YoY Change
2025 0.28x GBX353.00 Million GBX276.00 Million GBX1.27 Billion ▼ -2.7%
2024 0.29x GBX406.00 Million GBX275.00 Million GBX1.42 Billion ▲ +0.2%
2023 0.28x GBX373.00 Million GBX251.00 Million GBX1.31 Billion ▲ +49.9%
2022 0.19x GBX270.00 Million GBX187.00 Million GBX1.42 Billion ▲ +59.3%
2021 0.12x GBX144.00 Million GBX100.00 Million GBX1.21 Billion ▼ -9.0%
2020 0.13x GBX160.00 Million GBX81.00 Million GBX1.22 Billion ▼ -65.9%
2019 0.39x GBX196.00 Million GBX149.00 Million GBX509.00 Million ▼ -34.6%
2018 0.59x GBX186.00 Million GBX143.00 Million GBX316.00 Million ▼ -5.3%
2017 0.62x GBX187.00 Million GBX148.00 Million GBX301.00 Million ▲ +11.7%
2016 0.56x GBX168.00 Million GBX134.00 Million GBX302.00 Million ▼ -3.4%
2015 0.58x GBX178.00 Million GBX144.00 Million GBX309.00 Million ▲ +42.4%
2014 0.40x GBX144.00 Million GBX116.00 Million GBX356.00 Million ▼ -3.3%
2013 0.42x GBX151.00 Million GBX119.00 Million GBX361.00 Million ▼ -15.8%
2012 0.50x GBX158.00 Million GBX115.00 Million GBX318.00 Million ▲ +0.3%
2011 0.50x GBX159.00 Million GBX118.00 Million GBX321.00 Million ▲ +21.8%
2010 0.41x GBX133.00 Million GBX104.00 Million GBX327.00 Million ▼ -11.1%
2009 0.46x GBX140.00 Million GBX112.00 Million GBX306.00 Million ▲ +5.4%
2008 0.43x GBX142.00 Million GBX103.00 Million GBX327.00 Million ▲ +11.4%
2007 0.39x GBX113.00 Million GBX81.00 Million GBX290.00 Million ▲ +34.1%
2006 0.29x GBX104.00 Million GBX75.00 Million GBX358.00 Million ▲ +12595.0%
2005 0.00x GBX1.00 Million GBX-29.00 Million GBX437.00 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities