Smith & Nephew SNATS Inc (SNN) — Tangible Net Worth Ratio

Latest as of December 2025: 83.3%

Smith & Nephew SNATS Inc (SNN) has a Tangible Net Worth Ratio of 83.3% as of December 2025. This metric is calculated by deducting intangible assets ($882.00 Million) from net assets ($5.29 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. See SNN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

83.3%
Tangible equity / total equity

Net Assets (Equity)

$5.29 Billion
USD

Intangible Assets

$882.00 Million
Goodwill, patents, brand value

Total Assets

$10.46 Billion
USD

Smith & Nephew SNATS Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Smith & Nephew SNATS Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 83.3%, reflecting net assets of $5.29 Billion with intangible assets of $882.00 Million USD. See Smith & Nephew SNATS Inc (SNN) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Smith & Nephew SNATS Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Smith & Nephew SNATS Inc from 1985 to 2025, covering 41 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 the full company profile including market capitalisation, see Smith & Nephew SNATS Inc stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 83.3% $5.29 Billion $882.00 Million $10.46 Billion ▲ +2.9 pp
2024 80.4% $5.26 Billion $1.03 Billion $10.35 Billion ▲ +1.7 pp
2023 78.7% $5.22 Billion $1.11 Billion $9.99 Billion ▲ +2.2 pp
2022 76.5% $5.26 Billion $1.24 Billion $9.97 Billion ▲ +1.6 pp
2021 74.9% $5.57 Billion $1.40 Billion $10.92 Billion ▲ +3.0 pp
2020 71.9% $5.28 Billion $1.49 Billion $11.01 Billion ▲ +2.3 pp
2019 69.5% $5.14 Billion $1.57 Billion $9.30 Billion ▼ -5.7 pp
2018 75.2% $4.87 Billion $1.21 Billion $8.06 Billion ▲ +4.7 pp
2017 70.5% $4.64 Billion $1.37 Billion $7.87 Billion ▲ +6.1 pp
2016 64.4% $3.96 Billion $1.41 Billion $7.34 Billion ▲ +2.2 pp
2015 62.1% $3.97 Billion $1.50 Billion $7.17 Billion ▲ +5.4 pp
2014 56.8% $4.04 Billion $1.75 Billion $7.31 Billion ▼ -17.2 pp
2013 74.0% $4.05 Billion $1.05 Billion $5.82 Billion ▲ +1.4 pp
2012 72.6% $3.88 Billion $1.06 Billion $5.64 Billion ▼ -14.1 pp
2011 86.7% $3.19 Billion $423.00 Million $4.75 Billion ▲ +2.1 pp
2010 84.6% $2.77 Billion $426.00 Million $4.73 Billion ▲ +3.5 pp
2009 81.1% $2.18 Billion $412.00 Million $4.57 Billion ▲ +3.2 pp
2008 77.9% $1.70 Billion $376.00 Million $4.51 Billion ▲ +0.9 pp
2007 76.9% $1.82 Billion $419.00 Million $4.46 Billion ▼ -14.3 pp
2006 91.2% $2.17 Billion $191.00 Million $3.23 Billion ▼ -2.4 pp
2005 93.7% $1.44 Billion $91.00 Million $2.98 Billion ▲ +47.1 pp
2004 46.5% $1.35 Billion $719.85 Million $2.92 Billion ▼ -11.4 pp
2003 58.0% $1.14 Billion $481.07 Million $2.22 Billion ▲ +19.3 pp
2002 38.7% $833.21 Million $510.91 Million $1.99 Billion ▼ -14.9 pp
2001 53.6% $589.18 Million $273.47 Million $1.60 Billion ▲ +11.0 pp
2000 42.5% $399.84 Million $229.72 Million $1.44 Billion ▼ -44.0 pp
1999 86.6% $892.49 Million $119.71 Million $1.59 Billion ▼ -7.6 pp
1998 94.2% $805.88 Million $46.97 Million $1.50 Billion ▼ -1.6 pp
1997 95.8% $762.58 Million $31.91 Million $1.43 Billion ▲ +0.0 pp
1996 95.8% $745.62 Million $31.34 Million $1.44 Billion ▼ -1.3 pp
1995 97.1% $625.35 Million $18.23 Million $1.27 Billion ▼ -2.9 pp
1994 100.0% $697.12 Million $2.00 $1.32 Billion ▲ +67.5 pp
1993 32.5% $514.17 Million $346.87 Million $1.31 Billion ▼ -67.5 pp
1992 100.0% $549.35 Million $0.00 $1.34 Billion ▲ +0.0 pp
1991 100.0% $538.71 Million $0.00 $1.58 Billion ▲ +69.5 pp
1990 30.5% $521.01 Million $362.25 Million $1.53 Billion ▼ -69.5 pp
1989 100.0% $401.80 Million $2.00 $1.35 Billion ▼ 0.0 pp
1988 100.0% $433.72 Million $0.00 $1.27 Billion ▲ +55.8 pp
1987 44.2% $446.29 Million $249.00 Million $1.23 Billion ▲ +4.0 pp
1986 40.2% $311.35 Million $186.13 Million $888.50 Million ▼ -10.8 pp
1985 51.0% $273.58 Million $134.12 Million $643.40 Million
pp = percentage points