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
Does Schlumberger (NYSE:SLB) Have A Healthy Balance Sheet?
Jun 27
Is Schlumberger (NYSE:SLB) A Risky Investment?
Mar 11Is Schlumberger (NYSE:SLB) A Risky Investment?
Nov 26Is Schlumberger (NYSE:SLB) Using Too Much Debt?
Aug 22Does Schlumberger (NYSE:SLB) Have A Healthy Balance Sheet?
Apr 16Recent updates
Schlumberger: Digital Transformation Of The Energy Sector Could Provide Catalysts
Oct 30Schlumberger: Growth May Be Slowing, But The Buybacks Are Accelerating
Oct 19Schlumberger's Oilfield Services Can Drive Strong Returns
Oct 09Schlumberger Has A Path For Growth; Oil May Be Holding Back The Share Price
Sep 18SLB: Buy High Quality At A Discount
Sep 03SLB Dividend Will Keep Growing Due To Improved Business Mix
Aug 27Schlumberger's (NYSE:SLB) Dividend Will Be $0.275
Jul 22After Another Deal, SLB Offers Among The Best Opportunities In The Energy Space
Jul 03Does Schlumberger (NYSE:SLB) Have A Healthy Balance Sheet?
Jun 27Schlumberger Limited: Consolidating In Response To Consolidation
Jun 03Schlumberger (NYSE:SLB) Will Pay A Dividend Of $0.275
Apr 25Schlumberger Limited (NYSE:SLB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 23SLB: Taking Stock With Earnings On The Horizon
Apr 17Here's Why We Think Schlumberger (NYSE:SLB) Is Well Worth Watching
Apr 11Schlumberger Is Thinking 10 Years Ahead With The ChampionX Acquisition
Apr 08The Compensation For Schlumberger Limited's (NYSE:SLB) CEO Looks Deserved And Here's Why
Mar 29Schlumberger: Earnings And FCF Growth On Track, Higher Oil A Tailwind
Mar 28Is Schlumberger (NYSE:SLB) A Risky Investment?
Mar 11Schlumberger Has High Growth Potential And Its Stock Should Reflect This
Mar 04Potential Upside For Schlumberger Limited (NYSE:SLB) Not Without Risk
Feb 26Schlumberger: The Best Is Yet To Come
Feb 13Schlumberger Is A Strong Buy After The Earnings (Rating Upgrade)
Jan 21Is Schlumberger Limited (NYSE:SLB) Trading At A 22% Discount?
Jan 13Schlumberger: International Markets Providing Support
Jan 11Schlumberger: Double-Digit Earnings Growth, As Energy Industry Expects Tailwinds In 2024
Jan 05The Return Trends At Schlumberger (NYSE:SLB) Look Promising
Jan 01Does Schlumberger (NYSE:SLB) Deserve A Spot On Your Watchlist?
Dec 20Schlumberger: Steady, With Upside
Dec 05Is Schlumberger (NYSE:SLB) A Risky Investment?
Nov 26The Energy Rebound - SLB Seems Way Too Cheap
Oct 30SLB Steps Up To New Environment
Oct 11Estimating The Intrinsic Value Of Schlumberger Limited (NYSE:SLB)
Oct 08Schlumberger: Rising Oil Prices, Robust Growth, And AI Coming Together
Sep 29Investors Will Want Schlumberger's (NYSE:SLB) Growth In ROCE To Persist
Sep 26Schlumberger: Expanding Margins In A Secular Upturn Makes The Stock A Buy
Sep 19Do Schlumberger's (NYSE:SLB) Earnings Warrant Your Attention?
Sep 13Schlumberger Is An Attractive Buy At The Moment
Aug 27Is Schlumberger (NYSE:SLB) Using Too Much Debt?
Aug 22Schlumberger: Big Blue On A Roll
Aug 09Schlumberger: Time To Take Some Profit Off
Jul 26Schlumberger Stock: A Buy Going Into Q2 Earnings
Jul 17Schlumberger: Attractive Multiples And Positive Technical Outlooks (Technical Analysis)
Jul 10There's Been No Shortage Of Growth Recently For Schlumberger's (NYSE:SLB) Returns On Capital
Jun 22Schlumberger: Energy Services To Become A Trillion Dollar Industry This Year
Jun 12Here's Why We Think Schlumberger (NYSE:SLB) Might Deserve Your Attention Today
Jun 10Schlumberger Is A Buy As Net Zero May Be Failing
May 29Schlumberger's (NYSE:SLB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Estimating The Fair Value Of Schlumberger Limited (NYSE:SLB)
May 18Schlumberger's (NYSE:SLB) Dividend Will Be Increased To $0.25
Apr 24Does Schlumberger (NYSE:SLB) Have A Healthy Balance Sheet?
Apr 16Financial Position Analysis
Short Term Liabilities: SLB's short term assets ($18.8B) exceed its short term liabilities ($12.7B).
Long Term Liabilities: SLB's short term assets ($18.8B) exceed its long term liabilities ($14.3B).
Debt to Equity History and Analysis
Debt Level: SLB's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: SLB's debt to equity ratio has reduced from 68.5% to 57.1% over the past 5 years.
Debt Coverage: SLB's debt is well covered by operating cash flow (55.7%).
Interest Coverage: SLB's interest payments on its debt are well covered by EBIT (18.2x coverage).