Smiths Group PLC (SMIN) — Net Asset Quality Index
Smiths Group PLC (SMIN) has a Net Asset Quality Index of 40.6% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX4.14 Billion minus total liabilities of GBX2.46 Billion yields net assets of GBX1.68 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See SMIN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Smiths Group PLC Net Asset Quality Index Over Time (1986–2025)
This chart shows how Smiths Group PLC's Net Asset Quality Index has evolved across 40 annual periods from 1986 to 2025. As of January 2026, the index stands at 40.6%, representing net assets of GBX1.68 Billion against total assets of GBX4.14 Billion GBX. Explore SMIN cash flow metrics to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Smiths Group PLC (1986–2025)
The table below presents the year-by-year Net Asset Quality Index for Smiths Group PLC from 1986 to 2025, 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. For market capitalisation and the full company profile, see Smiths Group PLC market cap and net worth.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 51.4% | GBX2.06 Billion | GBX4.01 Billion | GBX1.95 Billion | ▼ -1.9 pp |
| 2024 | 53.2% | GBX2.25 Billion | GBX4.23 Billion | GBX1.98 Billion | ▼ -2.0 pp |
| 2023 | 55.2% | GBX2.41 Billion | GBX4.36 Billion | GBX1.95 Billion | ▲ +3.2 pp |
| 2022 | 52.1% | GBX2.72 Billion | GBX5.22 Billion | GBX2.50 Billion | ▲ +6.7 pp |
| 2021 | 45.4% | GBX2.42 Billion | GBX5.34 Billion | GBX2.91 Billion | ▲ +1.2 pp |
| 2020 | 44.2% | GBX2.39 Billion | GBX5.41 Billion | GBX3.02 Billion | ▼ -0.5 pp |
| 2019 | 44.8% | GBX2.38 Billion | GBX5.32 Billion | GBX2.94 Billion | ▲ +0.5 pp |
| 2018 | 44.2% | GBX2.29 Billion | GBX5.17 Billion | GBX2.88 Billion | ▲ +3.4 pp |
| 2017 | 40.8% | GBX2.10 Billion | GBX5.16 Billion | GBX3.05 Billion | ▲ +3.7 pp |
| 2016 | 37.1% | GBX1.66 Billion | GBX4.47 Billion | GBX2.81 Billion | ▲ +1.2 pp |
| 2015 | 35.9% | GBX1.43 Billion | GBX3.98 Billion | GBX2.55 Billion | ▲ +0.9 pp |
| 2014 | 34.9% | GBX1.25 Billion | GBX3.56 Billion | GBX2.32 Billion | ▼ -1.8 pp |
| 2013 | 36.7% | GBX1.49 Billion | GBX4.07 Billion | GBX2.57 Billion | ▲ +9.5 pp |
| 2012 | 27.2% | GBX980.80 Million | GBX3.61 Billion | GBX2.62 Billion | ▼ -10.8 pp |
| 2011 | 38.0% | GBX1.38 Billion | GBX3.63 Billion | GBX2.25 Billion | ▲ +6.2 pp |
| 2010 | 31.8% | GBX1.10 Billion | GBX3.46 Billion | GBX2.36 Billion | ▲ +4.6 pp |
| 2009 | 27.2% | GBX862.80 Million | GBX3.18 Billion | GBX2.31 Billion | ▼ -4.1 pp |
| 2008 | 31.3% | GBX918.20 Million | GBX2.93 Billion | GBX2.02 Billion | ▼ -1.2 pp |
| 2007 | 32.5% | GBX903.30 Million | GBX2.78 Billion | GBX1.87 Billion | ▼ -3.6 pp |
| 2006 | 36.1% | GBX1.36 Billion | GBX3.77 Billion | GBX2.41 Billion | ▼ -1.6 pp |
| 2005 | 37.7% | GBX1.48 Billion | GBX3.94 Billion | GBX2.45 Billion | ▼ -13.0 pp |
| 2004 | 50.7% | GBX1.28 Billion | GBX2.53 Billion | GBX1.25 Billion | ▲ +9.7 pp |
| 2003 | 41.0% | GBX1.18 Billion | GBX2.88 Billion | GBX1.70 Billion | ▲ +3.7 pp |
| 2002 | 37.4% | GBX981.20 Million | GBX2.63 Billion | GBX1.65 Billion | ▲ +11.0 pp |
| 2001 | 26.3% | GBX852.40 Million | GBX3.24 Billion | GBX2.39 Billion | ▼ -12.1 pp |
| 2000 | 38.5% | GBX498.80 Million | GBX1.30 Billion | GBX798.20 Million | ▲ +1.1 pp |
| 1999 | 37.4% | GBX358.50 Million | GBX958.40 Million | GBX599.90 Million | ▲ +9.0 pp |
| 1998 | 28.4% | GBX226.40 Million | GBX797.00 Million | GBX570.60 Million | ▼ -3.4 pp |
| 1997 | 31.8% | GBX244.60 Million | GBX769.80 Million | GBX525.20 Million | ▲ +2.0 pp |
| 1996 | 29.8% | GBX211.80 Million | GBX710.40 Million | GBX498.60 Million | ▼ -5.6 pp |
| 1995 | 35.4% | GBX225.50 Million | GBX636.80 Million | GBX411.30 Million | ▼ -0.9 pp |
| 1994 | 36.3% | GBX212.00 Million | GBX584.10 Million | GBX372.10 Million | ▼ -5.9 pp |
| 1993 | 42.2% | GBX266.70 Million | GBX632.30 Million | GBX365.60 Million | ▼ -11.6 pp |
| 1992 | 53.8% | GBX330.00 Million | GBX613.20 Million | GBX283.20 Million | ▲ +3.5 pp |
| 1991 | 50.3% | GBX309.30 Million | GBX614.80 Million | GBX305.50 Million | ▼ -4.0 pp |
| 1990 | 54.3% | GBX300.40 Million | GBX553.20 Million | GBX252.80 Million | ▲ +4.1 pp |
| 1989 | 50.2% | GBX273.19 Million | GBX544.23 Million | GBX271.04 Million | ▼ -3.3 pp |
| 1988 | 53.5% | GBX254.31 Million | GBX475.58 Million | GBX221.27 Million | ▼ -4.3 pp |
| 1987 | 57.7% | GBX197.36 Million | GBX341.81 Million | GBX144.45 Million | ▲ +2.0 pp |
| 1986 | 55.7% | GBX173.42 Million | GBX311.08 Million | GBX137.66 Million | — |