GlaxoSmithKline PLC (GSK) — Net Asset Quality Index
GlaxoSmithKline PLC (GSK) has a Net Asset Quality Index of 25.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX61.34 Billion minus total liabilities of GBX45.59 Billion yields net assets of GBX15.75 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read GSK current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
GlaxoSmithKline PLC Net Asset Quality Index Over Time (1986–2024)
This chart shows how GlaxoSmithKline PLC's Net Asset Quality Index has evolved across 40 annual periods from 1986 to 2024. As of September 2025, the index stands at 25.7%, representing net assets of GBX15.75 Billion against total assets of GBX61.34 Billion GBX. For live market cap and overall valuation, see GSK company net worth.
Annual Net Asset Quality Index for GlaxoSmithKline PLC (1986–2024)
The table below presents the year-by-year Net Asset Quality Index for GlaxoSmithKline PLC from 1986 to 2024, covering 40 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of GlaxoSmithKline PLC to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 22.0% | GBX13.09 Billion | GBX59.46 Billion | GBX46.38 Billion | ▲ +0.3 pp |
| 2023 | 21.7% | GBX12.79 Billion | GBX59.01 Billion | GBX46.21 Billion | ▲ +4.9 pp |
| 2022 | 16.8% | GBX10.10 Billion | GBX60.15 Billion | GBX50.05 Billion | ▼ -10.2 pp |
| 2021 | 27.0% | GBX21.34 Billion | GBX79.10 Billion | GBX57.76 Billion | ▲ +1.1 pp |
| 2020 | 25.9% | GBX20.81 Billion | GBX80.43 Billion | GBX59.62 Billion | ▲ +2.8 pp |
| 2019 | 23.0% | GBX18.36 Billion | GBX79.69 Billion | GBX61.34 Billion | ▲ +16.7 pp |
| 2018 | 6.3% | GBX3.67 Billion | GBX58.07 Billion | GBX54.39 Billion | ▲ +0.1 pp |
| 2017 | 6.2% | GBX3.49 Billion | GBX56.38 Billion | GBX52.89 Billion | ▼ -2.2 pp |
| 2016 | 8.4% | GBX4.96 Billion | GBX59.08 Billion | GBX54.12 Billion | ▼ -8.2 pp |
| 2015 | 16.6% | GBX8.88 Billion | GBX53.45 Billion | GBX44.57 Billion | ▲ +4.5 pp |
| 2014 | 12.1% | GBX4.94 Billion | GBX40.65 Billion | GBX35.72 Billion | ▼ -6.4 pp |
| 2013 | 18.6% | GBX7.81 Billion | GBX42.09 Billion | GBX34.27 Billion | ▲ +2.3 pp |
| 2012 | 16.3% | GBX6.75 Billion | GBX41.48 Billion | GBX34.73 Billion | ▼ -5.2 pp |
| 2011 | 21.5% | GBX8.83 Billion | GBX41.08 Billion | GBX32.25 Billion | ▼ -1.7 pp |
| 2010 | 23.2% | GBX9.74 Billion | GBX42.05 Billion | GBX32.31 Billion | ▼ -1.9 pp |
| 2009 | 25.1% | GBX10.74 Billion | GBX42.86 Billion | GBX32.12 Billion | ▲ +3.9 pp |
| 2008 | 21.1% | GBX8.32 Billion | GBX39.39 Billion | GBX31.07 Billion | ▼ -10.8 pp |
| 2007 | 32.0% | GBX9.91 Billion | GBX31.00 Billion | GBX21.09 Billion | ▼ -5.8 pp |
| 2006 | 37.8% | GBX9.65 Billion | GBX25.55 Billion | GBX15.90 Billion | ▲ +9.9 pp |
| 2005 | 27.8% | GBX7.57 Billion | GBX27.20 Billion | GBX19.63 Billion | ▲ +2.0 pp |
| 2004 | 25.9% | GBX5.94 Billion | GBX22.94 Billion | GBX17.01 Billion | ▼ -1.5 pp |
| 2003 | 27.4% | GBX5.80 Billion | GBX21.20 Billion | GBX15.40 Billion | ▼ -5.7 pp |
| 2002 | 33.1% | GBX7.39 Billion | GBX22.33 Billion | GBX14.94 Billion | ▼ -5.1 pp |
| 2001 | 38.2% | GBX8.40 Billion | GBX21.97 Billion | GBX13.57 Billion | ▼ -3.2 pp |
| 2000 | 41.5% | GBX8.96 Billion | GBX21.59 Billion | GBX12.63 Billion | ▲ +10.9 pp |
| 1999 | 30.6% | GBX3.19 Billion | GBX10.43 Billion | GBX7.23 Billion | ▲ +1.0 pp |
| 1998 | 29.6% | GBX2.77 Billion | GBX9.35 Billion | GBX6.58 Billion | ▲ +7.2 pp |
| 1997 | 22.4% | GBX1.89 Billion | GBX8.44 Billion | GBX6.55 Billion | ▲ +7.2 pp |
| 1996 | 15.2% | GBX1.27 Billion | GBX8.31 Billion | GBX7.05 Billion | ▲ +12.7 pp |
| 1995 | 2.6% | GBX221.00 Million | GBX8.54 Billion | GBX8.32 Billion | ▼ -4.5 pp |
| 1995 | 7.1% | GBX574.69 Million | GBX8.10 Billion | GBX7.53 Billion | ▼ -58.2 pp |
| 1994 | 65.3% | GBX5.15 Billion | GBX7.89 Billion | GBX2.74 Billion | ▲ +2.8 pp |
| 1993 | 62.4% | GBX4.66 Billion | GBX7.46 Billion | GBX2.80 Billion | ▼ -1.6 pp |
| 1992 | 64.0% | GBX3.64 Billion | GBX5.68 Billion | GBX2.04 Billion | ▲ +6.9 pp |
| 1991 | 57.1% | GBX3.28 Billion | GBX5.74 Billion | GBX2.46 Billion | ▼ -5.3 pp |
| 1990 | 62.4% | GBX2.81 Billion | GBX4.49 Billion | GBX1.69 Billion | ▼ -4.2 pp |
| 1989 | 66.7% | GBX2.31 Billion | GBX3.47 Billion | GBX1.16 Billion | ▲ +3.8 pp |
| 1988 | 62.9% | GBX1.80 Billion | GBX2.87 Billion | GBX1.06 Billion | ▲ +0.8 pp |
| 1987 | 62.1% | GBX1.46 Billion | GBX2.36 Billion | GBX894.00 Million | ▲ +1.1 pp |
| 1986 | 61.0% | GBX1.10 Billion | GBX1.80 Billion | GBX703.00 Million | — |