Smith & Nephew PLC Net Asset Quality Index
Smith & Nephew PLC net asset quality index. Smith & Nephew PLC (SN) has a Net Asset Quality Index of 47.0% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of GBX11.07 Billion minus total liabilities of GBX5.86 Billion yields net assets of GBX5.21 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check earnings quality score of Smith & Nephew PLC to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Smith & Nephew PLC (1985–2025)
Net asset quality index of Smith & Nephew PLC from 1985 to 2025. This chart shows how Smith & Nephew PLC's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the index stands at 47.0%, representing net assets of GBX5.21 Billion against total assets of GBX11.07 Billion GBX. See Smith & Nephew PLC shareholders equity for net asset value and shareholders' equity analysis.
Smith & Nephew PLC Net Asset Quality Index by Year (1985–2025)
Smith & Nephew PLC net asset quality index by year from 1985 to 2025. The table below presents the year-by-year Net Asset Quality Index for Smith & Nephew PLC from 1985 to 2025, covering 41 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 live market cap and overall valuation, see how much is Smith & Nephew PLC worth.
| Year | Quality Index | Net Assets (GBX) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 50.6% | GBX5.29 Billion | GBX10.46 Billion | GBX5.17 Billion | ▼ -0.3 pp |
| 2024 | 50.8% | GBX5.26 Billion | GBX10.35 Billion | GBX5.09 Billion | ▼ -1.4 pp |
| 2023 | 52.2% | GBX5.22 Billion | GBX9.99 Billion | GBX4.77 Billion | ▼ -0.5 pp |
| 2022 | 52.8% | GBX5.26 Billion | GBX9.97 Billion | GBX4.71 Billion | ▲ +1.8 pp |
| 2021 | 51.0% | GBX5.57 Billion | GBX10.92 Billion | GBX5.35 Billion | ▲ +3.1 pp |
| 2020 | 47.9% | GBX5.28 Billion | GBX11.01 Billion | GBX5.73 Billion | ▼ -7.3 pp |
| 2019 | 55.3% | GBX5.14 Billion | GBX9.30 Billion | GBX4.16 Billion | ▼ -5.2 pp |
| 2018 | 60.5% | GBX4.87 Billion | GBX8.06 Billion | GBX3.19 Billion | ▲ +1.4 pp |
| 2017 | 59.0% | GBX4.64 Billion | GBX7.87 Billion | GBX3.22 Billion | ▲ +5.1 pp |
| 2016 | 53.9% | GBX3.96 Billion | GBX7.34 Billion | GBX3.39 Billion | ▼ -1.4 pp |
| 2015 | 55.3% | GBX3.97 Billion | GBX7.17 Billion | GBX3.20 Billion | ▲ +0.0 pp |
| 2014 | 55.3% | GBX4.04 Billion | GBX7.31 Billion | GBX3.27 Billion | ▼ -14.3 pp |
| 2013 | 69.5% | GBX4.05 Billion | GBX5.82 Billion | GBX1.77 Billion | ▲ +0.7 pp |
| 2012 | 68.8% | GBX3.88 Billion | GBX5.64 Billion | GBX1.76 Billion | ▲ +1.7 pp |
| 2011 | 67.1% | GBX3.19 Billion | GBX4.75 Billion | GBX1.56 Billion | ▲ +8.5 pp |
| 2010 | 58.6% | GBX2.77 Billion | GBX4.73 Billion | GBX1.96 Billion | ▲ +10.9 pp |
| 2009 | 47.7% | GBX2.18 Billion | GBX4.57 Billion | GBX2.39 Billion | ▲ +10.0 pp |
| 2008 | 37.7% | GBX1.70 Billion | GBX4.51 Billion | GBX2.81 Billion | ▼ -3.0 pp |
| 2007 | 40.7% | GBX1.82 Billion | GBX4.46 Billion | GBX2.65 Billion | ▼ -26.6 pp |
| 2006 | 67.3% | GBX2.17 Billion | GBX3.23 Billion | GBX1.06 Billion | ▲ +19.1 pp |
| 2005 | 48.2% | GBX1.44 Billion | GBX2.98 Billion | GBX1.54 Billion | ▲ +2.1 pp |
| 2004 | 46.1% | GBX1.35 Billion | GBX2.92 Billion | GBX1.57 Billion | ▼ -5.4 pp |
| 2003 | 51.5% | GBX1.14 Billion | GBX2.22 Billion | GBX1.08 Billion | ▲ +9.7 pp |
| 2002 | 41.8% | GBX833.21 Million | GBX1.99 Billion | GBX1.16 Billion | ▲ +5.0 pp |
| 2001 | 36.9% | GBX589.18 Million | GBX1.60 Billion | GBX1.01 Billion | ▲ +9.0 pp |
| 2000 | 27.8% | GBX399.84 Million | GBX1.44 Billion | GBX1.04 Billion | ▼ -28.5 pp |
| 1999 | 56.3% | GBX892.49 Million | GBX1.59 Billion | GBX693.35 Million | ▲ +2.7 pp |
| 1998 | 53.6% | GBX805.88 Million | GBX1.50 Billion | GBX696.82 Million | ▲ +0.2 pp |
| 1997 | 53.4% | GBX762.58 Million | GBX1.43 Billion | GBX664.55 Million | ▲ +1.7 pp |
| 1996 | 51.7% | GBX745.62 Million | GBX1.44 Billion | GBX695.96 Million | ▲ +2.6 pp |
| 1995 | 49.1% | GBX625.35 Million | GBX1.27 Billion | GBX647.14 Million | ▼ -3.6 pp |
| 1994 | 52.7% | GBX697.12 Million | GBX1.32 Billion | GBX624.74 Million | ▲ +13.4 pp |
| 1993 | 39.3% | GBX514.17 Million | GBX1.31 Billion | GBX792.70 Million | ▼ -1.5 pp |
| 1992 | 40.9% | GBX549.35 Million | GBX1.34 Billion | GBX795.20 Million | ▲ +6.8 pp |
| 1991 | 34.0% | GBX538.71 Million | GBX1.58 Billion | GBX1.04 Billion | ▲ +0.1 pp |
| 1990 | 34.0% | GBX521.01 Million | GBX1.53 Billion | GBX1.01 Billion | ▲ +4.3 pp |
| 1989 | 29.7% | GBX401.80 Million | GBX1.35 Billion | GBX951.22 Million | ▼ -4.4 pp |
| 1988 | 34.1% | GBX433.72 Million | GBX1.27 Billion | GBX839.34 Million | ▼ -2.3 pp |
| 1987 | 36.4% | GBX446.29 Million | GBX1.23 Billion | GBX781.11 Million | ▲ +1.3 pp |
| 1986 | 35.0% | GBX311.35 Million | GBX888.50 Million | GBX577.16 Million | ▼ -7.5 pp |
| 1985 | 42.5% | GBX273.58 Million | GBX643.40 Million | GBX369.82 Million | — |