Smiths Group PLC Tangible Net Worth Ratio
Smiths Group PLC tangible net worth ratio. Smiths Group PLC (SMIN) has a Tangible Net Worth Ratio of 93.2% as of January 2026. This metric is calculated by deducting intangible assets (GBX115.00 Million) from net assets (GBX1.68 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Smiths Group PLC strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Smiths Group PLC (1986–2025)
Tangible net worth ratio of Smiths Group PLC from 1986 to 2025. This chart shows how Smiths Group PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of January 2026, the ratio stands at 93.2%, reflecting net assets of GBX1.68 Billion with intangible assets of GBX115.00 Million GBX. See Smiths Group PLC short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Smiths Group PLC Tangible Net Worth Ratio by Year (1986–2025)
Smiths Group PLC tangible net worth ratio by year from 1986 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Smiths Group PLC from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Smiths Group PLC market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.7% | GBX2.06 Billion | GBX192.00 Million | GBX4.01 Billion | ▲ +4.4 pp |
| 2024 | 86.3% | GBX2.25 Billion | GBX309.00 Million | GBX4.23 Billion | ▼ -0.8 pp |
| 2023 | 87.0% | GBX2.41 Billion | GBX312.00 Million | GBX4.36 Billion | ▼ -0.3 pp |
| 2022 | 87.4% | GBX2.72 Billion | GBX344.00 Million | GBX5.22 Billion | ▲ +1.8 pp |
| 2021 | 85.6% | GBX2.42 Billion | GBX350.00 Million | GBX5.34 Billion | ▲ +1.1 pp |
| 2020 | 84.5% | GBX2.39 Billion | GBX372.00 Million | GBX5.41 Billion | ▲ +2.9 pp |
| 2019 | 81.6% | GBX2.38 Billion | GBX438.00 Million | GBX5.32 Billion | ▲ +1.1 pp |
| 2018 | 80.6% | GBX2.29 Billion | GBX445.00 Million | GBX5.17 Billion | ▲ +1.7 pp |
| 2017 | 78.8% | GBX2.10 Billion | GBX445.00 Million | GBX5.16 Billion | ▼ -7.6 pp |
| 2016 | 86.4% | GBX1.66 Billion | GBX225.00 Million | GBX4.47 Billion | ▲ +1.3 pp |
| 2015 | 85.2% | GBX1.43 Billion | GBX212.00 Million | GBX3.98 Billion | ▲ +4.0 pp |
| 2014 | 81.1% | GBX1.25 Billion | GBX235.00 Million | GBX3.56 Billion | ▲ +0.6 pp |
| 2013 | 80.5% | GBX1.49 Billion | GBX291.30 Million | GBX4.07 Billion | ▲ +13.4 pp |
| 2012 | 67.1% | GBX980.80 Million | GBX322.70 Million | GBX3.61 Billion | ▼ -16.9 pp |
| 2011 | 84.0% | GBX1.38 Billion | GBX220.50 Million | GBX3.63 Billion | ▲ +7.6 pp |
| 2010 | 76.4% | GBX1.10 Billion | GBX259.10 Million | GBX3.46 Billion | ▲ +3.5 pp |
| 2009 | 72.9% | GBX862.80 Million | GBX233.80 Million | GBX3.18 Billion | ▼ -7.3 pp |
| 2008 | 80.2% | GBX918.20 Million | GBX181.40 Million | GBX2.93 Billion | ▼ -8.7 pp |
| 2007 | 88.9% | GBX903.30 Million | GBX100.00 Million | GBX2.78 Billion | ▲ +19.9 pp |
| 2006 | 69.0% | GBX1.36 Billion | GBX422.70 Million | GBX3.77 Billion | ▼ -8.8 pp |
| 2005 | 77.8% | GBX1.48 Billion | GBX329.10 Million | GBX3.94 Billion | ▲ +34.5 pp |
| 2004 | 43.3% | GBX1.28 Billion | GBX728.20 Million | GBX2.53 Billion | ▲ +13.5 pp |
| 2003 | 29.8% | GBX1.18 Billion | GBX830.20 Million | GBX2.88 Billion | ▼ -5.1 pp |
| 2002 | 34.9% | GBX981.20 Million | GBX638.30 Million | GBX2.63 Billion | ▲ +14.5 pp |
| 2001 | 20.4% | GBX852.40 Million | GBX678.30 Million | GBX3.24 Billion | ▼ -13.7 pp |
| 2000 | 34.1% | GBX498.80 Million | GBX328.80 Million | GBX1.30 Billion | ▼ -40.4 pp |
| 1999 | 74.5% | GBX358.50 Million | GBX91.50 Million | GBX958.40 Million | ▼ -25.5 pp |
| 1998 | 100.0% | GBX226.40 Million | GBX0.00 | GBX797.00 Million | ▲ +0.0 pp |
| 1997 | 100.0% | GBX244.60 Million | GBX0.00 | GBX769.80 Million | ▲ +0.0 pp |
| 1996 | 100.0% | GBX211.80 Million | GBX0.00 | GBX710.40 Million | ▲ +97.1 pp |
| 1995 | 2.9% | GBX225.50 Million | GBX218.90 Million | GBX636.80 Million | ▼ -5.3 pp |
| 1994 | 8.3% | GBX212.00 Million | GBX194.50 Million | GBX584.10 Million | ▼ -26.9 pp |
| 1993 | 35.2% | GBX266.70 Million | GBX172.90 Million | GBX632.30 Million | ▼ -14.4 pp |
| 1992 | 49.5% | GBX330.00 Million | GBX166.50 Million | GBX613.20 Million | ▲ +9.6 pp |
| 1991 | 39.9% | GBX309.30 Million | GBX185.80 Million | GBX614.80 Million | ▼ -60.1 pp |
| 1990 | 100.0% | GBX300.40 Million | GBX0.00 | GBX553.20 Million | ▲ +63.6 pp |
| 1989 | 36.4% | GBX273.19 Million | GBX173.72 Million | GBX544.23 Million | ▼ -3.9 pp |
| 1988 | 40.3% | GBX254.31 Million | GBX151.71 Million | GBX475.58 Million | ▼ -8.0 pp |
| 1987 | 48.4% | GBX197.36 Million | GBX101.92 Million | GBX341.81 Million | ▼ -51.6 pp |
| 1986 | 100.0% | GBX173.42 Million | GBX0.00 | GBX311.08 Million | — |