Smith Financial Statements From 2010 to 2024

SNN Stock  USD 28.37  1.13  3.83%   
Smith Nephew financial statements provide useful quarterly and yearly information to potential Smith Nephew SNATS investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Smith Nephew financial statements helps investors assess Smith Nephew's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Smith Nephew's valuation are summarized below:
Gross Profit
3.7 B
Profit Margin
0.0541
Market Capitalization
12.8 B
Enterprise Value Revenue
2.8122
Revenue
5.6 B
We have found one hundred twenty available fundamental trend indicators for Smith Nephew SNATS, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Smith Nephew's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of October 2024, Market Cap is likely to grow to about 15.3 B, while Enterprise Value is likely to drop about 17.8 B.

Smith Nephew Total Revenue

3.16 Billion

Check Smith Nephew financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Nephew's main balance sheet or income statement drivers, such as Depreciation And Amortization of 553.4 M, Interest Expense of 138.6 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0289 or PTB Ratio of 2.16. Smith financial statements analysis is a perfect complement when working with Smith Nephew Valuation or Volatility modules.
  
Check out the analysis of Smith Nephew Correlation against competitors.

Smith Nephew Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.5 B10 B7.8 B
Slightly volatile
Short and Long Term Debt Total3.2 B3.1 B1.8 B
Slightly volatile
Other Current Liabilities372.9 M272 M482.7 M
Slightly volatile
Total Current Liabilities2.4 B2.3 B1.5 B
Slightly volatile
Total Stockholder Equity5.5 B5.2 B4.3 B
Slightly volatile
Property Plant And Equipment Net746.7 M1.5 BB
Slightly volatile
Net Debt2.9 B2.8 B1.4 B
Slightly volatile
Retained Earnings5.2 B4.9 B4.1 B
Slightly volatile
Accounts Payable1.1 BB809.6 M
Slightly volatile
Cash278.3 M302 M382.7 M
Slightly volatile
Non Current Assets Total6.3 BB4.6 B
Slightly volatile
Other Assets398.5 M379.5 M252.7 M
Slightly volatile
Cash And Short Term Investments293.6 M302 M387.3 M
Slightly volatile
Common Stock Shares Outstanding551.8 M392.9 M618.5 M
Pretty Stable
Liabilities And Stockholders Equity10.5 B10 B7.8 B
Slightly volatile
Non Current Liabilities Total2.6 B2.5 B1.7 B
Slightly volatile
Inventory2.5 B2.4 B1.4 B
Slightly volatile
Other Current Assets87.4 M92 M316.1 M
Slightly volatile
Total LiabilitiesB4.8 B3.4 B
Slightly volatile
Total Current Assets4.2 BBB
Slightly volatile
Short Term Debt803.2 M765 M230.5 M
Slightly volatile
Common Stock195.2 M201.2 M175.4 M
Slightly volatile
Intangible Assets817 M1.1 B1.2 B
Slightly volatile
Other Liabilities358.7 M322 M387.8 M
Slightly volatile
Long Term Debt1.2 B2.2 B1.5 B
Slightly volatile
Good Will1.7 BB2.1 B
Slightly volatile
Preferred Stock Total Equity501.2 K555.5 K486.8 K
Slightly volatile
Property Plant Equipment929 M1.7 B1.1 B
Slightly volatile
Net Receivables897.5 M1.2 B958.2 M
Slightly volatile
Common Stock Total Equity147.2 M159.3 M177.8 M
Slightly volatile
Property Plant And Equipment Gross4.5 B4.2 B1.8 B
Slightly volatile
Long Term Investments138.1 M126.5 M120 M
Slightly volatile
Short and Long Term Debt745.5 M710 M278.7 M
Pretty Stable
Net Tangible Assets871.3 M1.1 B680.3 M
Slightly volatile
Deferred Long Term Liabilities100.7 M111.5 M97 M
Slightly volatile
Long Term Debt Total2.3 B3.1 B1.9 B
Slightly volatile
Capital Surpluse667.4 M707.2 M611.9 M
Slightly volatile
Net Invested Capital8.3 B8.1 B6.9 B
Slightly volatile
Net Working Capital2.2 B1.8 B1.7 B
Slightly volatile
Capital Stock141.1 M157.5 M173.2 M
Slightly volatile

Smith Nephew Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization553.4 M527 M298.7 M
Slightly volatile
Interest Expense138.6 M132 M57.9 M
Slightly volatile
Total Revenue3.2 B5.5 B4.4 B
Slightly volatile
Gross Profit2.5 B3.7 B3.2 B
Slightly volatile
Other Operating Expenses2.7 B4.6 B3.7 B
Slightly volatile
Operating Income546 M937 M762.5 M
Very volatile
EBIT620.1 M937 M866.5 M
Very volatile
EBITDA810.9 M1.5 B1.1 B
Pretty Stable
Total Operating ExpensesB2.8 B2.5 B
Slightly volatile
Income Before Tax484.5 M320 M630.7 M
Slightly volatile
Net Income369 M263 M499.2 M
Pretty Stable
Income Tax Expense25.6 M27 M150.5 M
Slightly volatile
Research Development163.9 M299 M243.3 M
Slightly volatile
Selling General Administrative364.8 M384 M2.1 B
Very volatile
Cost Of Revenue1.2 B1.8 B1.3 B
Slightly volatile
Net Income Applicable To Common Shares499 M256.4 M523.3 M
Slightly volatile
Selling And Marketing Expenses1.6 B2.2 B1.6 B
Slightly volatile
Net Income From Continuing Ops414.6 M263 M506.8 M
Slightly volatile
Interest Income25.4 M34 M37.8 M
Slightly volatile
Reconciled Depreciation578.6 M527 M492.6 M
Slightly volatile

Smith Nephew Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow274.3 M181 M468.8 M
Pretty Stable
Begin Period Cash Flow367.5 M350 M361.1 M
Slightly volatile
Depreciation283.6 M527 M412.4 M
Slightly volatile
Capital Expenditures254.9 M427 M323.6 M
Slightly volatile
Total Cash From Operating Activities529.2 M608 M792.4 M
Very volatile
Net Income480.5 M263 M562.2 M
Slightly volatile
End Period Cash Flow182.9 M302 M358.9 M
Slightly volatile
Dividends Paid240.9 M376.1 M306.2 M
Very volatile
Stock Based Compensation29.3 M39 M30.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.032.1414.3512
Slightly volatile
Dividend Yield0.02890.02750.0156
Slightly volatile
PTB Ratio2.162.27735.0036
Slightly volatile
Days Sales Outstanding54.8881.6376.0719
Slightly volatile
Book Value Per Share12.5811.97937.8975
Slightly volatile
Free Cash Flow Yield0.01310.01520.0253
Slightly volatile
Operating Cash Flow Per Share1.471.39611.3318
Pretty Stable
Average Payables423.4 M403.2 M416.5 M
Slightly volatile
Stock Based Compensation To Revenue0.0050.0070.0066
Very volatile
Capex To Depreciation1.230.81020.8925
Slightly volatile
PB Ratio2.162.27735.0036
Slightly volatile
EV To Sales5.172.64244.8212
Pretty Stable
Free Cash Flow Per Share0.370.41560.7728
Very volatile
ROIC0.09990.10520.112
Slightly volatile
Inventory Turnover1.20.77161.0017
Slightly volatile
Net Income Per Share0.460.60390.8295
Very volatile
Days Of Inventory On Hand280473379
Slightly volatile
Payables Turnover1.881.81891.6291
Slightly volatile
Sales General And Administrative To Revenue0.06570.06920.4589
Slightly volatile
Average Inventory275.6 M351.6 M371.9 M
Very volatile
Research And Ddevelopement To Revenue0.03540.05390.0517
Slightly volatile
Capex To Revenue0.05620.0770.0704
Slightly volatile
Cash Per Share0.420.69350.8252
Slightly volatile
POCF Ratio18.5619.540227.1306
Slightly volatile
Interest Coverage12.817.098516.3294
Slightly volatile
Payout Ratio1.311.24330.6349
Slightly volatile
Capex To Operating Cash Flow0.70.70230.4674
Slightly volatile
PFCF Ratio62.3665.637864.5963
Pretty Stable
Days Payables Outstanding176201228
Pretty Stable
Income Quality2.432.31181.6086
Slightly volatile
ROE0.04790.05040.1281
Slightly volatile
EV To Operating Cash Flow45.2924.115930.6362
Pretty Stable
PE Ratio40.7345.172841.7639
Pretty Stable
Return On Tangible Assets0.04250.04470.1241
Slightly volatile
EV To Free Cash Flow76.9681.00870.1495
Pretty Stable
Earnings Yield0.02380.02210.0295
Slightly volatile
Intangibles To Total Assets0.430.41070.4101
Slightly volatile
Net Debt To EBITDA2.01.90031.1793
Slightly volatile
Current Ratio1.441.77452.0484
Pretty Stable
Tangible Book Value Per Share2.692.56031.8469
Pretty Stable
Receivables Turnover3.744.47144.6577
Very volatile
Graham Number13.412.758311.8542
Slightly volatile
Shareholders Equity Per Share12.5811.97937.8974
Slightly volatile
Debt To Equity0.660.56350.4198
Slightly volatile
Capex Per Share1.030.98050.6161
Slightly volatile
Average Receivables177.4 M226.7 M241.2 M
Pretty Stable
Revenue Per Share13.3812.74178.2768
Slightly volatile
Interest Debt Per Share7.417.0543.5392
Slightly volatile
Debt To Assets0.250.29440.2149
Slightly volatile
Enterprise Value Over EBITDA9.5110.015317.8114
Pretty Stable
Short Term Coverage Ratios0.760.794811.2986
Slightly volatile
Price Earnings Ratio40.7345.172841.7639
Pretty Stable
Operating Cycle318555443
Slightly volatile
Price Book Value Ratio2.162.27735.0036
Slightly volatile
Days Of Payables Outstanding176201228
Pretty Stable
Dividend Payout Ratio1.311.24330.6349
Slightly volatile
Price To Operating Cash Flows Ratio18.5619.540227.1306
Slightly volatile
Price To Free Cash Flows Ratio62.3665.637864.5963
Pretty Stable
Pretax Profit Margin0.05480.05770.142
Slightly volatile
Ebt Per Ebit0.320.34150.7754
Slightly volatile
Operating Profit Margin0.190.16890.178
Slightly volatile
Effective Tax Rate0.04880.08440.2461
Slightly volatile
Company Equity Multiplier2.521.91431.8493
Slightly volatile
Long Term Debt To Capitalization0.180.29420.238
Slightly volatile
Total Debt To Capitalization0.360.36040.2774
Slightly volatile
Return On Capital Employed0.120.12140.1461
Slightly volatile
Debt Equity Ratio0.660.56350.4198
Slightly volatile
Ebit Per Revenue0.190.16890.178
Slightly volatile
Quick Ratio0.860.71991.1292
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.830.80641.371
Slightly volatile
Net Income Per E B T1.10.82190.8669
Slightly volatile
Cash Ratio0.130.1330.2687
Very volatile
Cash Conversion Cycle372354230
Slightly volatile
Operating Cash Flow Sales Ratio0.0960.10960.1702
Pretty Stable
Days Of Inventory Outstanding280473379
Slightly volatile
Days Of Sales Outstanding54.8881.6376.0719
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.290.29770.5319
Slightly volatile
Cash Flow Coverage Ratios0.20.20680.7795
Slightly volatile
Price To Book Ratio2.162.27735.0036
Slightly volatile
Fixed Asset Turnover3.343.77484.3144
Slightly volatile
Capital Expenditure Coverage Ratio1.361.42392.4025
Slightly volatile
Price Cash Flow Ratio18.5619.540227.1306
Slightly volatile
Enterprise Value Multiple9.5110.015317.8114
Pretty Stable
Debt Ratio0.250.29440.2149
Slightly volatile
Cash Flow To Debt Ratio0.20.20680.7795
Slightly volatile
Price Sales Ratio2.032.1414.3512
Slightly volatile
Return On Assets0.0250.02630.0729
Slightly volatile
Asset Turnover0.940.55560.6613
Slightly volatile
Net Profit Margin0.0450.04740.111
Slightly volatile
Gross Profit Margin0.580.6670.7143
Slightly volatile
Price Fair Value2.162.27735.0036
Slightly volatile
Return On Equity0.04790.05040.1281
Slightly volatile

Smith Nephew Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap15.3 B13.7 B20.1 B
Pretty Stable
Enterprise Value17.8 B30.5 B28 B
Slightly volatile

Smith Fundamental Market Drivers

Forward Price Earnings11.8765
Cash And Short Term Investments302 M

Smith Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Smith Nephew Financial Statements

Smith Nephew investors utilize fundamental indicators, such as revenue or net income, to predict how Smith Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue218 M228.9 M
Total Revenue5.5 B3.2 B
Cost Of Revenue1.8 B1.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.07 
Research And Ddevelopement To Revenue 0.05  0.04 
Capex To Revenue 0.08  0.06 
Revenue Per Share 12.74  13.38 
Ebit Per Revenue 0.17  0.19 

Pair Trading with Smith Nephew

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smith Nephew position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smith Nephew will appreciate offsetting losses from the drop in the long position's value.

Moving against Smith Stock

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The ability to find closely correlated positions to Smith Nephew could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smith Nephew when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smith Nephew - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smith Nephew SNATS to buy it.
The correlation of Smith Nephew is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smith Nephew moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smith Nephew SNATS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smith Nephew can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:
Check out the analysis of Smith Nephew Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Nephew. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Nephew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.244
Dividend Share
0.375
Earnings Share
0.7
Revenue Per Share
2.5904
Quarterly Revenue Growth
0.034
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.