Schlumberger Balance Sheet Health
Financial Health criteria checks 6/6
Schlumberger has a total shareholder equity of $22.7B and total debt of $13.0B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are $49.8B and $27.0B respectively. Schlumberger's EBIT is $6.2B making its interest coverage ratio 18.2. It has cash and short-term investments of $4.5B.
Key information
57.1%
Debt to equity ratio
US$12.99b
Debt
| Interest coverage ratio | 18.2x |
| Cash | US$4.47b |
| Equity | US$22.73b |
| Total liabilities | US$27.05b |
| Total assets | US$49.78b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLBD's short term assets ($18.8B) exceed its short term liabilities ($12.7B).
Long Term Liabilities: SLBD's short term assets ($18.8B) exceed its long term liabilities ($14.3B).
Debt to Equity History and Analysis
Debt Level: SLBD's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: SLBD's debt to equity ratio has reduced from 68.5% to 57.1% over the past 5 years.
Debt Coverage: SLBD's debt is well covered by operating cash flow (55.7%).
Interest Coverage: SLBD's interest payments on its debt are well covered by EBIT (18.2x coverage).