Schlumberger Balance Sheet Health
Financial Health criteria checks 4/6
Schlumberger has a total shareholder equity of $22.3B and total debt of $13.4B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are $49.4B and $27.1B respectively. Schlumberger's EBIT is $6.0B making its interest coverage ratio 16.5. It has cash and short-term investments of $4.0B.
Key information
60.0%
Debt to equity ratio
US$13.36b
Debt
| Interest coverage ratio | 16.5x |
| Cash | US$4.00b |
| Equity | US$22.28b |
| Total liabilities | US$27.09b |
| Total assets | US$49.37b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCL's short term assets ($18.5B) exceed its short term liabilities ($12.4B).
Long Term Liabilities: SCL's short term assets ($18.5B) exceed its long term liabilities ($14.7B).
Debt to Equity History and Analysis
Debt Level: SCL's net debt to equity ratio (42%) is considered high.
Reducing Debt: SCL's debt to equity ratio has increased from 47.1% to 60% over the past 5 years.
Debt Coverage: SCL's debt is well covered by operating cash flow (48.4%).
Interest Coverage: SCL's interest payments on its debt are well covered by EBIT (16.5x coverage).