Schlumberger (Schlumberger) Cash-to-Debt

: 0.29 (As of Mar. 2024)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Schlumberger's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.29.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Schlumberger couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Schlumberger's Cash-to-Debt or its related term are showing as below:

SLB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.24 Max: 0.69
Current: 0.29

During the past 13 years, Schlumberger's highest Cash to Debt Ratio was 0.69. The lowest was 0.13. And the median was 0.24.

SLB's Cash-to-Debt is ranked worse than
61.88% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.51 vs SLB: 0.29

Schlumberger Cash-to-Debt Historical Data

The historical data trend for Schlumberger's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Schlumberger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.14

0.18

0.22

0.24

0.33

Schlumberger Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.24	0.28	0.33	0.29

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Schlumberger's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Schlumberger Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, Schlumberger's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Schlumberger's Cash-to-Debt falls into.

Schlumberger Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Schlumberger's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3989	/	(1123	+	10842)
	=	0.33

Schlumberger's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3491	/	(1430	+	10740)
	=	0.29

Schlumberger (NYSE:SLB) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Schlumberger Cash-to-Debt Related Terms

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Schlumberger (Schlumberger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schlumberger Ltd (NYSE:SLB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SLBN:Mexico SLBp:UK 0SCL:UK SLB:France SCL:Germany SCL:Germany SCL:Germany SLBG34:Brazil SLB:Argentina

Address

5599 San Felipe, 17th Floor, Houston, TX, USA, 77056

Website

https://www.slb.com

SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Executives

Mogharbel Khaled Al	officer: President Drilling Group	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Stephane Biguet	officer: VP Controller	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Gavin Rennick	officer: VP, Human Resources	5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
De La Chevardiere Patrick	director	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Demosthenis Pafitis	officer: Chief Technology Officer	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Kevin Fyfe	officer: VP Controller-Operations	5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
Katharina Beumelburg	officer: Chief Sustainability Officer	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Howard Guild	officer: Chief Accounting Officer	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77046
James T Hackett	director	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Rakesh Jaggi	officer: Pres Digital & Integration	5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
Vijay Kasibhatla	officer: Director, M&A	5599 SAN FELIPE 17 FLOOR, HOUSTON TX 77056
Rajeev Sonthalia	officer: President, IPM	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Abdellah Merad	officer: VP Controller, Operations	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Dianne B. Ralston	officer: Chief Legal Officer	C/O TECHNIPFMC PLC, 11740 KATY FREEWAY, ENERGY TOWER 3, HOUSTON TX 77079
Ugo Prechner	officer: VP Controller	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056