Schlumberger (FRA:SCL) Debt-to-Equity : 0.60 (As of Sep. 2024)

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What is Schlumberger Debt-to-Equity?

Schlumberger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €954 Mil. Schlumberger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €10,689 Mil. Schlumberger's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €19,381 Mil. Schlumberger's debt to equity for the quarter that ended in Sep. 2024 was 0.60.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

FRA:SCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.6 Max: 1.49
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Schlumberger was 1.49. The lowest was 0.32. And the median was 0.60.

FRA:SCL's Debt-to-Equity is ranked worse than
58.25% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs FRA:SCL: 0.60

Schlumberger Debt-to-Equity Historical Data

The historical data trend for Schlumberger's Debt-to-Equity 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 Debt-to-Equity Chart

Schlumberger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.64

1.40

0.95

0.69

0.59

Schlumberger Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.59	0.59	0.63	0.60

Competitive Comparison of Schlumberger's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Schlumberger's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Schlumberger Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1029.791	+	9942.114)	/	18513.313
	=	0.59

Schlumberger's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(954.159	+	10689.464)	/	19381.411
	=	0.60

Schlumberger (FRA:SCL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Schlumberger Debt-to-Equity Related Terms

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Schlumberger Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SLB:USA SLBN:Mexico 0SCL:UK SCL:Germany SCL:Germany SLBG34:Brazil SLB:Argentina

Address

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

Website

https://www.slb.com

SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts well over $1 billion in digital-related revenue.