Schlumberger (XTER:SCL) Interest Expense : €-461 Mil (TTM As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Schlumberger Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Schlumberger's interest expense for the three months ended in Mar. 2024 was € -104 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-461 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Schlumberger's Operating Income for the three months ended in Mar. 2024 was € 1,285 Mil. Schlumberger's Interest Expense for the three months ended in Mar. 2024 was € -104 Mil. Schlumberger's Interest Coverage for the quarter that ended in Mar. 2024 was 12.36. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Schlumberger Interest Expense Historical Data

The historical data trend for Schlumberger's Interest Expense 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.

* Premium members only.

Schlumberger Interest Expense Chart

Schlumberger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-548.10

-462.79

-477.02

-462.56

-461.25

Schlumberger Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-109.28	-117.22	-120.87	-119.21	-103.96

Schlumberger Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-461 Mil.

Schlumberger (XTER:SCL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Schlumberger's Interest Expense for the three months ended in Mar. 2024 was €-104 Mil. Its Operating Income for the three months ended in Mar. 2024 was €1,285 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €9,881 Mil.

Schlumberger's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1285.24	/	-103.96
	=	12.36

The higher the ratio, the stronger the company's financial strength is.

Schlumberger (XTER:SCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schlumberger Ltd (XTER:SCL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SLB:USA SLBN:Mexico SLBp:UK 0SCL:UK SLB:France 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.