WH Smith PLC (SMWH) — Net Asset Quality Index
WH Smith PLC (SMWH) has a Net Asset Quality Index of 11.1% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX1.45 Billion minus total liabilities of GBX1.29 Billion yields net assets of GBX161.00 Million. A higher index indicates a stronger, lower-leverage balance sheet. See WH Smith PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
WH Smith PLC Net Asset Quality Index Over Time (2000–2025)
This chart shows how WH Smith PLC's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of February 2026, the index stands at 11.1%, representing net assets of GBX161.00 Million against total assets of GBX1.45 Billion GBX. Explore WH Smith PLC operating cash flow efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for WH Smith PLC (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for WH Smith PLC from 2000 to 2025, covering 26 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 WH Smith PLC market cap and net worth.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 12.9% | GBX188.00 Million | GBX1.46 Billion | GBX1.27 Billion | ▼ -11.0 pp |
| 2024 | 23.9% | GBX446.00 Million | GBX1.87 Billion | GBX1.42 Billion | ▲ +3.3 pp |
| 2023 | 20.6% | GBX340.00 Million | GBX1.65 Billion | GBX1.31 Billion | ▲ +4.6 pp |
| 2022 | 16.0% | GBX271.00 Million | GBX1.69 Billion | GBX1.42 Billion | ▲ +5.4 pp |
| 2021 | 10.6% | GBX143.00 Million | GBX1.35 Billion | GBX1.21 Billion | ▼ -5.1 pp |
| 2020 | 15.7% | GBX227.00 Million | GBX1.45 Billion | GBX1.22 Billion | ▼ -16.1 pp |
| 2019 | 31.8% | GBX237.00 Million | GBX746.00 Million | GBX509.00 Million | ▼ -8.4 pp |
| 2018 | 40.2% | GBX212.00 Million | GBX528.00 Million | GBX316.00 Million | ▲ +1.8 pp |
| 2017 | 38.3% | GBX187.00 Million | GBX488.00 Million | GBX301.00 Million | ▲ +2.6 pp |
| 2016 | 35.7% | GBX168.00 Million | GBX470.00 Million | GBX302.00 Million | ▲ +3.5 pp |
| 2015 | 32.2% | GBX147.00 Million | GBX456.00 Million | GBX309.00 Million | ▲ +10.1 pp |
| 2014 | 22.1% | GBX101.00 Million | GBX457.00 Million | GBX356.00 Million | ▲ +0.1 pp |
| 2013 | 22.0% | GBX102.00 Million | GBX463.00 Million | GBX361.00 Million | ▼ -9.9 pp |
| 2012 | 31.9% | GBX149.00 Million | GBX467.00 Million | GBX318.00 Million | ▼ -0.8 pp |
| 2011 | 32.7% | GBX156.00 Million | GBX477.00 Million | GBX321.00 Million | ▼ -3.6 pp |
| 2010 | 36.3% | GBX186.00 Million | GBX513.00 Million | GBX327.00 Million | ▼ -1.8 pp |
| 2009 | 38.1% | GBX188.00 Million | GBX494.00 Million | GBX306.00 Million | ▲ +5.1 pp |
| 2008 | 33.0% | GBX161.00 Million | GBX488.00 Million | GBX327.00 Million | ▼ -10.9 pp |
| 2007 | 43.9% | GBX227.00 Million | GBX517.00 Million | GBX290.00 Million | ▲ +12.0 pp |
| 2006 | 31.9% | GBX168.00 Million | GBX526.00 Million | GBX358.00 Million | ▲ +12.6 pp |
| 2005 | 19.4% | GBX105.00 Million | GBX542.00 Million | GBX437.00 Million | ▼ -10.4 pp |
| 2004 | 29.7% | GBX256.00 Million | GBX861.00 Million | GBX605.00 Million | ▼ -10.4 pp |
| 2003 | 40.2% | GBX435.00 Million | GBX1.08 Billion | GBX648.00 Million | ▼ -14.1 pp |
| 2002 | 54.3% | GBX614.00 Million | GBX1.13 Billion | GBX517.00 Million | ▼ -0.4 pp |
| 2001 | 54.7% | GBX631.00 Million | GBX1.15 Billion | GBX523.00 Million | ▼ -3.1 pp |
| 2000 | 57.8% | GBX604.00 Million | GBX1.04 Billion | GBX441.00 Million | — |