Smith & Nephew plc (SNN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 |
|---|
| Total Current Assets | 4.1B | 4.62B | 4.42B | 4.46B | 4.03B | 3.88B | 3.86B | 3.76B | 4.42B | 4.44B | 4.66B | 3.3B | 3.22B | 2.95B | 3.08B | 2.66B | 2.73B | 2.58B | 2.53B | 2.55B |
| Cash & Short-Term Investments | 557M | 675.41M | 619M | 568M | 302M | 190M | 350M | 516M | 1.29B | 1.39B | 1.76B | 347M | 277M | 137M | 365M | 99M | 169M | 69M | 100M | 85M |
| Cash Only | 557M | 675.41M | 619M | 568M | 302M | 190M | 350M | 516M | 1.29B | 1.39B | 1.76B | 347M | 277M | 137M | 365M | 99M | 169M | 69M | 100M | 85M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.43B | 1.48B | 1.21B | 1.35B | 1.06B | 1.27B | 1.03B | 1.22B | 971M | 1.21B | 911M | 1.13B | 1.08B | 1.28B | 1.1B | 1.21B | 1.06B | 1.21B | 988M | 1.17B |
| Days Sales Outstanding | 41.64 | 41.07 | 39.19 | 38.96 | 37.73 | 38.32 | 39.19 | 38.43 | 38.12 | 37.27 | 36.9 | 49.62 | 40.62 | 43.77 | 42.75 | 42.28 | 42.6 | 42.97 | 41.98 | 41.25 |
| Inventory | 2.12B | 2.46B | 2.39B | 2.49B | 2.4B | 2.41B | 2.21B | 1.99B | 1.84B | 1.75B | 1.69B | 1.72B | 1.61B | 1.53B | 1.4B | 1.35B | 1.3B | 1.3B | 1.24B | 1.29B |
| Days Inventory Outstanding | 190.26 | 252.17 | 244.3 | 261.34 | 267.08 | 251.92 | 256.22 | 226.3 | 231.6 | 194.78 | 211.8 | 235.54 | 210.16 | 206.09 | 194.31 | 185.57 | 184.06 | 192.34 | 180.72 | 181.06 |
| Other Current Assets | -99M | 49M | 81M | 44M | 182M | 8M | 198M | 34M | 240M | 93M | 219M | 100M | 171M | 0 | 144M | 0 | 120M | 0 | 124M | 10M |
| Total Non-Current Assets | 6.35B | 6.06B | 5.93B | 6.08B | 5.96B | 5.97B | 6.11B | 6.35B | 6.5B | 6.49B | 6.35B | 6.24B | 6.08B | 6B | 4.98B | 5.06B | 5.13B | 4.86B | 4.82B | 4.95B |
| Property, Plant & Equipment | 1.64B | 1.43B | 1.42B | 1.44B | 1.47B | 1.42B | 1.46B | 1.46B | 1.51B | 1.45B | 1.45B | 1.35B | 1.32B | 1.23B | 1.06B | 1.06B | 1.05B | 1.03B | 982M | 946M |
| Fixed Asset Turnover | 2.08x | 2.09x | 2.08x | 1.94x | 1.95x | 1.90x | 1.79x | 1.75x | 1.76x | 1.79x | 1.80x | 1.52x | 2.08x | 2.17x | 2.33x | 2.32x | 2.33x | 2.32x | 2.43x | 2.48x |
| Goodwill | 3.11B | 3.11B | 3.03B | 3.1B | 2.99B | 3.05B | 3.03B | 3.02B | 2.99B | 2.99B | 2.93B | 2.85B | 2.79B | 2.75B | 2.34B | 2.35B | 2.37B | 2.23B | 2.19B | 2.23B |
| Intangible Assets | 882M | 961.16M | 1.03B | 1.11B | 1.11B | 1.18B | 1.24B | 1.32B | 1.4B | 1.49B | 1.49B | 1.55B | 1.57B | 1.64B | 1.21B | 1.29B | 1.37B | 1.36B | 1.41B | 1.53B |
| Long-Term Investments | 151M | 35.97M | 16M | 24M | 93M | 119M | 58M | 195M | 380M | 302M | 250M | 235M | 216M | 213M | 231M | 221M | 201M | 135M | 137M | -10M |
| Other Non-Current Assets | 228M | 118.9M | 103M | 403M | 18M | 9M | 153M | 185M | 15M | 26M | 33M | 30M | 35M | 33M | 16M | 13M | 16M | 0 | 0 | 142M |
| Total Assets | 10.46B | 10.68B | 10.35B | 10.54B | 9.99B | 9.84B | 9.97B | 10.11B | 10.92B | 10.93B | 11.01B | 9.54B | 9.3B | 8.95B | 8.06B | 7.71B | 7.87B | 7.44B | 7.34B | 7.5B |
| Asset Turnover | 0.30x | 0.28x | 0.29x | 0.28x | 0.28x | 0.28x | 0.26x | 0.25x | 0.24x | 0.24x | 0.25x | 0.22x | 0.29x | 0.29x | 0.31x | 0.31x | 0.32x | 0.32x | 0.32x | 0.32x |
| Asset Growth % | 0.99% | 1.33% | 3.67% | 7.09% | 0.21% | -2.58% | -8.74% | -7.57% | -0.84% | 14.61% | 18.42% | 6.63% | 15.39% | 15.99% | 2.45% | 3.68% | 7.11% | -0.84% | 2.47% | 3.98% |
| Total Current Liabilities | 1.59B | 1.54B | 1.53B | 1.78B | 2.27B | 1.77B | 1.72B | 2.12B | 2.13B | 2.12B | 1.69B | 1.52B | 1.56B | 1.47B | 1.47B | 1.25B | 1.35B | 1.19B | 1.35B | 1.34B |
| Accounts Payable | 1.18B | 1.1B | 1.08B | 1.02B | 1.02B | 955M | 1.03B | 1.01B | 1.04B | 1.05B | 891M | 875M | 941M | 906M | 854M | 831M | 873M | 792M | 807M | 842M |
| Days Payables Outstanding | 94.39 | 113.2 | 105.47 | 109.11 | 109.53 | 108.28 | 124.72 | 121.35 | 134.62 | 109.65 | 109.62 | 128.26 | 123.38 | 123.92 | 119.19 | 119.06 | 117.78 | 120.99 | 117.56 | 119.12 |
| Short-Term Debt | 83M | 156.86M | 2M | 328M | 710M | 357M | 111M | 562M | 435M | 596M | 279M | 113M | 26M | 199M | 167M | 86M | 29M | 64M | 85M | 71M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50M | 0 | 215M | 206M | 242M | 138M | 231M | 223M | 193M | 233M | 214M | 231M | 277M |
| Other Current Liabilities | 74M | 57.95M | 126M | 152M | 490M | 405M | 526M | 492M | 597M | 424M | 460M | 478M | 551M | 325M | 221M | 330M | 211M | 329M | 223M | 432M |
| Current Ratio | 2.57x | 3.00x | 2.89x | 2.51x | 1.77x | 2.19x | 2.25x | 1.78x | 2.08x | 2.10x | 2.76x | 2.18x | 2.06x | 2.00x | 2.10x | 2.13x | 2.03x | 2.18x | 1.88x | 1.90x |
| Quick Ratio | 1.25x | 1.40x | 1.33x | 1.11x | 0.72x | 0.83x | 0.96x | 0.84x | 1.21x | 1.27x | 1.76x | 1.04x | 1.03x | 0.96x | 1.15x | 1.05x | 1.06x | 1.08x | 0.95x | 0.94x |
| Cash Conversion Cycle | 137.51 | 180.04 | 178.01 | 191.19 | 195.28 | 181.96 | 170.69 | 143.37 | 135.1 | 122.41 | 139.07 | 156.9 | 127.39 | 125.94 | 117.88 | 108.79 | 108.88 | 114.32 | 105.14 | 103.19 |
| Total Non-Current Liabilities | 3.57B | 3.61B | 3.56B | 3.56B | 2.5B | 2.84B | 2.99B | 2.59B | 3.22B | 3.48B | 4.04B | 3.06B | 2.59B | 2.52B | 1.72B | 1.82B | 1.88B | 2.05B | 2.04B | 2.21B |
| Long-Term Debt | 3.03B | 3.15B | 3.12B | 3.14B | 2.17B | 2.49B | 2.56B | 2.15B | 2.71B | 2.78B | 3.2B | 2.33B | 1.85B | 1.98B | 1.3B | 1.42B | 1.42B | 1.6B | 1.56B | 1.71B |
| Capital Lease Obligations | 149M | 143.87M | 135M | 132M | 144M | 143M | 147M | 127M | 141M | 135M | 157M | 148M | 124M | 118M | 0 | 0 | 0 | 0 | 5M | 0 |
| Deferred Tax Liabilities | 40M | 41.96M | 31M | 36M | 9M | 7M | 36M | 113M | 144M | 137M | 141M | 163M | 167M | 157M | 99M | 115M | 97M | 111M | 94M | 38M |
| Other Non-Current Liabilities | 356M | 275.76M | 300M | 285M | 180M | 7M | 244M | 312M | 229M | 429M | 551M | 424M | 452M | 422M | 419M | 403M | 453M | 449M | 474M | 505M |
| Total Liabilities | 5.17B | 5.15B | 5.09B | 5.34B | 4.77B | 4.61B | 4.71B | 4.71B | 5.35B | 5.6B | 5.73B | 4.58B | 4.16B | 3.99B | 3.19B | 3.07B | 3.22B | 3.24B | 3.39B | 3.56B |
| Total Debt | 3.33B | 3.45B | 3.32B | 3.65B | 3.08B | 3.04B | 2.87B | 2.89B | 3.34B | 3.57B | 3.69B | 2.64B | 2.05B | 2.18B | 1.47B | 1.51B | 1.45B | 1.67B | 1.65B | 1.78B |
| Net Debt | 2.77B | 2.78B | 2.7B | 3.09B | 2.78B | 2.85B | 2.52B | 2.38B | 2.05B | 2.18B | 1.93B | 2.29B | 1.77B | 2.04B | 1.1B | 1.41B | 1.28B | 1.6B | 1.55B | 1.69B |
| Debt / Equity | 0.63x | 0.62x | 0.63x | 0.70x | 0.59x | 0.58x | 0.55x | 0.54x | 0.60x | 0.67x | 0.70x | 0.53x | 0.40x | 0.44x | 0.30x | 0.32x | 0.31x | 0.40x | 0.42x | 0.45x |
| Debt / EBITDA | 3.83x | 4.86x | 4.63x | 7.03x | 5.66x | 5.42x | 5.10x | 5.25x | 5.18x | 6.69x | 5.98x | 9.92x | 2.85x | 3.27x | 1.93x | 2.51x | 2.23x | 2.64x | 2.43x | 2.91x |
| Net Debt / EBITDA | 3.19x | 3.91x | 3.77x | 5.94x | 5.10x | 5.08x | 4.48x | 4.31x | 3.18x | 4.09x | 3.12x | 8.62x | 2.47x | 3.06x | 1.45x | 2.35x | 1.97x | 2.53x | 2.28x | 2.77x |
| Interest Coverage | 7.47x | 5.48x | 3.61x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 5.29B | 5.53B | 5.26B | 5.21B | 5.22B | 5.23B | 5.26B | 5.39B | 5.57B | 5.33B | 5.28B | 4.96B | 5.14B | 4.95B | 4.87B | 4.64B | 4.64B | 4.2B | 3.96B | 3.94B |
| Equity Growth % | 0.46% | 6.27% | 0.92% | -0.54% | -0.8% | -3% | -5.55% | 1.2% | 5.47% | 7.48% | 2.68% | 0.16% | 5.48% | 6.66% | 4.95% | 10.52% | 17.33% | 6.52% | -0.2% | -2.59% |
| Book Value per Share | 12.12 | 12.57 | 11.97 | 11.92 | 5.98 | 5.99 | 6.05 | 6.16 | 6.34 | 6.06 | 6.00 | 5.65 | 5.87 | 5.64 | 5.58 | 5.29 | 5.31 | 4.80 | 4.45 | 4.40 |
| Total Shareholders' Equity | 5.29B | 5.53B | 5.26B | 5.21B | 5.22B | 5.23B | 5.26B | 5.39B | 5.57B | 5.33B | 5.28B | 4.96B | 5.14B | 4.95B | 4.87B | 4.64B | 4.64B | 4.2B | 3.96B | 3.94B |
| Common Stock | 175M | 174.85M | 175M | 175M | 175M | 175M | 175M | 175M | 177M | 177M | 177M | 177M | 177M | 177M | 177M | 178M | 178M | 178M | 180M | 182M |
| Retained Earnings | 5.32B | 5.12B | 5.02B | 4.93B | 4.91B | 4.96B | 5.03B | 5.13B | 5.22B | 4.99B | 4.96B | 4.74B | 4.85B | 4.71B | 4.63B | 4.36B | 4.33B | 3.96B | 3.97B | 3.72B |
| Treasury Stock | -515M | -47.96M | -66M | -82M | -94M | -107M | -118M | -106M | -120M | -140M | -157M | -177M | -189M | -204M | -214M | -234M | -257M | -260M | -432M | -283M |
| Accumulated OCI | 20M | -326.71M | 0 | 0 | -385M | -413M | -439M | -414M | -328M | -305M | -311M | -394M | -306M | -338M | -322M | -266M | -211M | -276M | -360M | -267M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |