SLB (SLB) Debt-to-Asset : 0.23 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SLB SLB Ltd SLB
80 GF Score
Price $53.77
GF Value $45.53
Valuation Modestly Overvalued
! 7 Warning Signs
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What is SLB Debt-to-Asset?

SLB SLB +3.28% 80 Debt-to-Asset is 0.23 as of Jun. 2026. GuruFocus rates SLB with a GF Score™ of 80/100 and a GF Value™ of $45.53 (Modestly Overvalued). The stock has 7 warning signs investors should review.

SLB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,658 Mil. SLB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $11,140 Mil. SLB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $55,532 Mil. SLB's debt to asset for the quarter that ended in Jun. 2026 was 0.23.


SLB  (NYSE:SLB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


SLB Debt-to-Asset Related Terms


SLB Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for SLB's Debt-to-Asset 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.

SLB Debt-to-Asset Chart

SLB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.28 0.25 0.25 0.21

SLB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial 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 0.28 0.23 0.21 0.21 0.23

SLB vs BKR, FTI, HAL: Debt-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, SLB's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


SLB Debt-to-Asset vs Oil & Gas Industry

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

* The bar in red indicates where SLB's Debt-to-Asset falls into.


SLB
80GF Score
SLB Ltd SLB
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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SLB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SLB's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

SLB's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.23 mean?
SLB (SLB) has a Debt-to-Asset of 0.23 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on SLB and its competitors.
Is SLB's Debt-to-Asset too high?
SLB's current Debt-to-Asset is 0.23. Overall, SLB has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SLB's Debt-to-Asset compare to BKR and FTI?
SLB's Debt-to-Asset of 0.23 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on SLB and its competitors. SLB's current Debt-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SLB stock overvalued right now?
Based on GuruFocus' analysis, SLB (SLB) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.53, compared to a current price of $53.77 — trading 18.1% above its estimated fair value. The current Debt-to-Asset is 0.23. SLB's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For SLB (SLB), the current Debt-to-Asset is 0.23 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SLB (SLB) Overvalued in 2026?

Based on GuruFocus' analysis, SLB stock appears to be overvalued. The current stock price of $53.77 is trading 18.1% above its estimated GF Value™ of $45.53. GuruFocus considers SLB to be Modestly Overvalued.

Key valuation signals for SLB:

  • Debt-to-Asset: 0.23
  • GF Value™: $45.53 vs. price of $53.77 (18.1% above fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the SLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SLB Business Description

Industry EnergyOil & Gas
Address 5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB is the world's premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies in which it operates. Also known as Schlumberger, the company was founded in 1926 by Conrad and Marcel Schlumberger. Today, it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: core, digital, and new energy businesses. Over three-fourths of its revenue base is tied to international markets, while the company boasts nearly $3 billion in digital-related revenue.
80GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$53.77
Price
$45.53
GF Value