In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

Smiths Group plc Balance Sheet Statement - Assets

As of 31 Jul 2022, The total current assets of Smiths Group plc (LSE:SMIN) was around £2,418,000,000 which consisted of £1,056,000,000 of Cash, £570,000,000 of Inventory and £755,000,000 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.

All amounts in GBP

Cash
£1.06B
Current assets
£2.42B
Total assets
£5.22B

The latest balance sheet of Smiths Group plc also showed £349,000,000 of Property Plant Equipment and £1,244,000,000 of Good will. Also there were £293,000,000 of Intangible assets and £528,000,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were £5,223,000,000.

Smiths Group plc Balance Sheet Statement - Liabilities

SMIN's latest annual results shows the balance sheet has £282,000,000 of Accounts Payable. Also there were £508,000,000 of Short/Long term debt, £538,000,000 of Long term debt, £366,000,000 of Other Current liabilities and £1,399,000,000 of Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.

Account payable
£282M
Current liabilities
£1.4B
Total liabilities
£2.5B

As per the 31 Jul 2022's annual report of Smiths Group plc, the total liabilities were £2,502,000,000.

SMIN Balance Sheet Statement - Stock Holder Equity

Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.

The latest Balance sheet of Smiths Group plc showed the total stock holder equity was £2,699,000,000 which consisted of £136,000,000 of Common stocks, £1,659,000,000 of Retained earnings and £539,000,000 of Other stock holder equity.

SMIN Balance Sheet Statement History

Following table shows the history of balance sheet for Smiths Group plc (SMIN).

31 Jul 2022 31 Jul 2021 31 Jul 2020 31 Jul 2019
Cash 1.06B 405M 366M 289M
Net Receivables 755M 679M 650M 750M
Inventory 570M 381M 446M 417M
Total Current Assets 2.42B 2.74B 2.77B 2.7B
Property Plant Equipment 349M 320M 312M 232M
Good Will 1.24B 1.15B 1.19B 1.25B
Intangible Assets 293M 308M 329M 393M
Other Assets 528M 818M 806M 741M
Deferred Long Term Asset Charges 95M 92M 102M 115M
Total Assets 5.22B 5.34B 5.41B 5.32B
Accounts Payable 282M 188M 178M 221M
Short/Long Term Debt 508M 9M 10M 9M
Other Current Liabilities 366M 547M 563M 468M
Long Term Debt 538M 1.37B 1.46B 1.5B
Other Liabilities 475M 461M 498M 516M
Total Current Liabilities 1.4B 987M 1B 918M
Total Liabilities 2.5B 2.91B 3.02B 2.94B
Common Stock 136M 149M 149M 148M
Retained Earnings 1.66B 1.37B 1.26B 1.11B
Treasury Stock 539M 523M 604M 737M
Other Stockholder Equity 539M 523M 604M 737M
Total Stockholder Equity 2.7B 2.4B 2.37B 2.36B
Net Tangible Assets 1.16B 946M 852M 721M

Smiths Group plc (LSE:SMIN) Balance Sheet Statement FAQ

1. How much Cash Smiths Group plc has on their balance sheet?

As of 31 Jul 2022, Smiths Group plc (LSE:SMIN) has £1,056,000,000 of Cash.

2. What's the long term debt of Smiths Group plc?

As per the latest Balance sheet of Smiths Group plc (LSE:SMIN), it has £538,000,000 of Long term debt.

3. How much share holder equity does Smiths Group plc has?

The Smiths Group plc (LSE:SMIN)'s balance sheet shows that it has £2,699,000,000 of Total stock holder equity.