Smiths Group annual debt-to-assets ratio
2022
2023
2024
2025
2026
Smiths Group Debt-to-Assets Ratio Growth & History (SMIN)
Smiths Group's debt-to-assets ratio was 0.25 for fiscal 2026.
View full Smiths Group company overviewSmiths Group annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-07-31 | 0.25 | 0.08 | +49.65% |
| 2025 | 2025-07-31 | 0.17 | 0.01 | +6.79% |
| 2024 | 2024-07-31 | 0.16 | 0.01 | +4.31% |
| 2023 | 2023-07-31 | 0.15 | −0.07 | −33.13% |
| 2022 | 2022-07-31 | 0.22 | — | — |
Smiths Group quarterly debt-to-assets ratio
Q2.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-01-31 | 0.29 | 0.14 | +86.15% |
| Q2 2025 | 2025-01-31 | 0.16 | — | — |
Smiths Group debt-to-assets ratio trends
Between the periods ended 2022-07-31 and 2026-07-31, Smiths Group's debt-to-assets ratio increased from 0.22 to 0.25, a change of 0.03. The latest reported quarter, Q2 2026, shows 0.29.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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