WH Smith PLC Tangible Net Worth Ratio
WH Smith PLC tangible net worth ratio. WH Smith PLC (SMWH) has a Tangible Net Worth Ratio of 72.7% as of February 2026. This metric is calculated by deducting intangible assets (GBX44.00 Million) from net assets (GBX161.00 Million) 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 strategic asset allocation of WH Smith PLC 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 WH Smith PLC (2000–2025)
Tangible net worth ratio of WH Smith PLC from 2000 to 2025. This chart shows how WH Smith PLC's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of February 2026, the ratio stands at 72.7%, reflecting net assets of GBX161.00 Million with intangible assets of GBX44.00 Million GBX. See SMWH current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
WH Smith PLC Tangible Net Worth Ratio by Year (2000–2025)
WH Smith PLC tangible net worth ratio by year from 2000 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for WH Smith PLC from 2000 to 2025, covering 26 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 SMWH market cap overview.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 76.1% | GBX188.00 Million | GBX45.00 Million | GBX1.46 Billion | ▼ -9.6 pp |
| 2024 | 85.7% | GBX446.00 Million | GBX64.00 Million | GBX1.87 Billion | ▲ +5.9 pp |
| 2023 | 79.7% | GBX340.00 Million | GBX69.00 Million | GBX1.65 Billion | ▲ +180.1 pp |
| 2022 | -100.4% | GBX271.00 Million | GBX543.00 Million | GBX1.69 Billion | ▲ +130.4 pp |
| 2021 | -230.8% | GBX143.00 Million | GBX473.00 Million | GBX1.35 Billion | ▼ -113.6 pp |
| 2020 | -117.2% | GBX227.00 Million | GBX493.00 Million | GBX1.45 Billion | ▼ -196.5 pp |
| 2019 | 79.3% | GBX237.00 Million | GBX49.00 Million | GBX746.00 Million | ▼ -6.1 pp |
| 2018 | 85.4% | GBX212.00 Million | GBX31.00 Million | GBX528.00 Million | ▲ +0.9 pp |
| 2017 | 84.5% | GBX187.00 Million | GBX29.00 Million | GBX488.00 Million | ▼ -0.6 pp |
| 2016 | 85.1% | GBX168.00 Million | GBX25.00 Million | GBX470.00 Million | ▲ +0.8 pp |
| 2015 | 84.4% | GBX147.00 Million | GBX23.00 Million | GBX456.00 Million | ▲ +6.1 pp |
| 2014 | 78.2% | GBX101.00 Million | GBX22.00 Million | GBX457.00 Million | ▼ -0.2 pp |
| 2013 | 78.4% | GBX102.00 Million | GBX22.00 Million | GBX463.00 Million | ▼ -6.8 pp |
| 2012 | 85.2% | GBX149.00 Million | GBX22.00 Million | GBX467.00 Million | ▲ +0.6 pp |
| 2011 | 84.6% | GBX156.00 Million | GBX24.00 Million | GBX477.00 Million | ▼ -2.5 pp |
| 2010 | 87.1% | GBX186.00 Million | GBX24.00 Million | GBX513.00 Million | ▼ -0.1 pp |
| 2009 | 87.2% | GBX188.00 Million | GBX24.00 Million | GBX494.00 Million | ▲ +1.5 pp |
| 2008 | 85.7% | GBX161.00 Million | GBX23.00 Million | GBX488.00 Million | ▼ -5.5 pp |
| 2007 | 91.2% | GBX227.00 Million | GBX20.00 Million | GBX517.00 Million | ▲ +3.1 pp |
| 2006 | 88.1% | GBX168.00 Million | GBX20.00 Million | GBX526.00 Million | ▲ +15.7 pp |
| 2005 | 72.4% | GBX105.00 Million | GBX29.00 Million | GBX542.00 Million | ▲ +36.4 pp |
| 2004 | 35.9% | GBX256.00 Million | GBX164.00 Million | GBX861.00 Million | ▼ -11.6 pp |
| 2003 | 47.6% | GBX435.00 Million | GBX228.00 Million | GBX1.08 Billion | ▼ -13.3 pp |
| 2002 | 60.9% | GBX614.00 Million | GBX240.00 Million | GBX1.13 Billion | ▼ -1.7 pp |
| 2001 | 62.6% | GBX631.00 Million | GBX236.00 Million | GBX1.15 Billion | ▼ -0.6 pp |
| 2000 | 63.2% | GBX604.00 Million | GBX222.00 Million | GBX1.04 Billion | — |