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Schlumberger (Schlumberger) Long-Term Capital Lease Obligation

: $0 Mil (As of Dec. 2023)
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Schlumberger's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.


Schlumberger Long-Term Capital Lease Obligation Historical Data

The historical data trend for Schlumberger's Long-Term Capital Lease Obligation 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Schlumberger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Schlumberger  (NYSE:SLB) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Schlumberger Long-Term Capital Lease Obligation Related Terms

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Schlumberger (Schlumberger) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schlumberger Ltd (NYSE:SLB) » Definitions » Long-Term Capital Lease Obligation
Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
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

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