Smiths News annual net debt
2021
2022
2023
2024
2025
Smiths News Net Debt Growth & History (SNWS)
Smiths News's net debt was £24.0M for fiscal 2025.
View full Smiths News company overviewSmiths News annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-08-31 | £24.0M | −£17.5M | −42.17% |
| 2024 | 2024-08-31 | £41.5M | £15.4M | +59.00% |
| 2023 | 2023-08-26 | £26.1M | −£13.3M | −33.76% |
| 2022 | 2022-08-27 | £39.4M | −£41.8M | −51.48% |
| 2021 | 2021-08-28 | £81.2M | — | — |
Smiths News quarterly net debt
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-02-28 | £19.1M | −£23.7M | −55.37% |
| Q4 2025 | 2025-08-31 | £24.0M | — | — |
| Q2 2025 | 2025-02-28 | £42.8M | — | — |
Smiths News net debt trends
Between the periods ended 2021-08-28 and 2025-08-31, Smiths News's net debt decreased from £81.2M to £24.0M, a change of −£57.2M. The latest reported quarter, Q2 2026, shows £19.1M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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