What is Schlumberger debt to equity? (2024)

What is Schlumberger debt to equity?

Schlumberger Debt to Equity Ratio: 0.5926 for Dec. 31, 2023

What is the debt-to-equity ratio for Schlumberger?

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Schlumberger debt/equity for the three months ending December 31, 2023 was 0.51.

What is a good ratio for debt-to-equity?

Generally, a good debt ratio is around 1 to 1.5. However, the ideal debt ratio will vary depending on the industry, as some industries use more debt financing than others. Capital-intensive industries like the financial and manufacturing industries often have higher ratios that can be greater than 2.

Is SLB on debt?

Schlumberger Balance Sheet Health

Schlumberger has a total shareholder equity of $21.4B and total debt of $12.0B, which brings its debt-to-equity ratio to 56.3%.

How much is debt-to-equity ratio?

The optimal debt-to-equity ratio will tend to vary widely by industry, but the general consensus is that it should not be above a level of 2.0. While some very large companies in fixed asset-heavy industries (such as mining or manufacturing) may have ratios higher than 2, these are the exception rather than the rule.

What is Schlumberger current ratio?

Current and historical current ratio for Schlumberger (SLB) from 2010 to 2023. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Schlumberger current ratio for the three months ending December 31, 2023 was 1.32.

Is a high debt to equity ratio good?

The debt-to-equity (D/E) ratio reflects a company's debt status. A high D/E ratio is considered risky for lenders and investors because it suggests that the company is financing a significant amount of its potential growth through borrowing.

What is too high of a debt-to-equity ratio?

Generally, a good debt-to-equity ratio is anything lower than 1.0. A ratio of 2.0 or higher is usually considered risky. If a debt-to-equity ratio is negative, it means that the company has more liabilities than assets—this company would be considered extremely risky.

What is too high for debt to ratio?

Key takeaways

Debt-to-income ratio is your monthly debt obligations compared to your gross monthly income (before taxes), expressed as a percentage. A good debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is considered to be too much debt.

Is 1.75 a good debt-to-equity ratio?

Good debt-to-equity ratio for businesses

Many investors prefer a company's debt-to-equity ratio to stay below 2—that is, they believe it is important for a company's debts to be only double their equity at most. Some investors are more comfortable investing when a company's debt-to-equity ratio doesn't exceed 1 to 1.5.

Is SLB a strong buy?

What do analysts say about Schlumberger Limited? Schlumberger Limited's analyst rating consensus is a Strong Buy.

Is SLB stock worth buying?

Valuation metrics show that Schlumberger Limited may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of SLB, demonstrate its potential to outperform the market. It currently has a Growth Score of A.

How much debt does Schlumberger have?

Total debt on the balance sheet as of December 2023 : $11.96 B. According to Schlumberger's latest financial reports the company's total debt is $11.96 B. A company's total debt is the sum of all current and non-current debts.

Is 0.5 a good debt-to-equity ratio?

Generally, a lower ratio is better, as it implies that the company is in less debt and is less risky for lenders and investors. A debt-to-equity ratio of 0.5 or below is considered good.

What is the bad debt ratio?

This ratio measures the amount of money a company has to write off as a bad debt expense compared to its net sales. In other words, it tells you what percentage of sales profit a company loses to unpaid invoices.

Is a debt-to-equity ratio of 50% good?

Yes, a D/E ratio of 50% or 0.5 is very good. This means it is a low-debt business and the company's equity is twice as high as its debts.

What is Schlumberger core value?

We value People, because our exceptional and diverse people are the pulse and spirit of who we are. We value Technology, because our passion for exploring enables us to solve the world's energy challenges. We value Performance, because together we deliver outstanding results to build a sustainable future.

What is Schlumberger gross profit?

Schlumberger annual gross profit for 2023 was $6.563B, a 27.17% increase from 2022. Schlumberger annual gross profit for 2022 was $5.161B, a 41.09% increase from 2021. Schlumberger annual gross profit for 2021 was $3.658B, a 40.64% increase from 2020.

What is Schlumberger gross profit margin?

What is the difference between debt ratio and debt-to-equity ratio?

Total debt-to-total assets is a leverage ratio that shows the total amount of debt a company has relative to its assets. The debt-to-equity (D/E) ratio indicates how much debt a company is using to finance its assets relative to the value of shareholders' equity.

What does a debt-to-equity ratio of 1.5 mean?

What does a debt-to-equity ratio of 1.5 mean? A debt-to-equity ratio of 1.5 would suggest that the particular company has $1.50 in debt for every $1 of equity in a business. A debt-to-equity ratio shows how much debt a business has compared to investor equity.

What does 0 debt-to-equity ratio mean?

A debt ratio of zero would indicate that the firm does not finance increased operations through borrowing at all, which limits the total return that can be realized and passed on to shareholders.

Why is high debt to equity bad?

A high D/E ratio can have a negative impact on a company's credit rating, because it indicates that the company has a high debt burden and a low equity cushion. This can make the company more vulnerable to changes in interest rates, cash flows, and market conditions, and reduce its financial flexibility and resilience.

What are the 3 C's in banking?

Character, capital (or collateral), and capacity make up the three C's of credit. Credit history, sufficient finances for repayment, and collateral are all factors in establishing credit. A person's character is based on their ability to pay their bills on time, which includes their past payments.

How much debt is the average American in?

The average debt an American owes is $104,215 across mortgage loans, home equity lines of credit, auto loans, credit card debt, student loan debt, and other debts like personal loans. Data from Experian breaks down the average debt a consumer holds based on type, age, credit score, and state.