Schlumberger Income Before Tax vs Total Operating Expenses Analysis
SLB Stock | USD 47.48 1.73 3.52% |
Schlumberger financial indicator trend analysis is much more than just breaking down Schlumberger NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Schlumberger NV is a good investment. Please check the relationship between Schlumberger Income Before Tax and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Income Before Tax vs Total Operating Expenses
Income Before Tax vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Schlumberger NV Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Schlumberger's Income Before Tax and Total Operating Expenses is 0.36. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Schlumberger NV, assuming nothing else is changed. The correlation between historical values of Schlumberger's Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Schlumberger NV are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Schlumberger's Income Before Tax and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Schlumberger income statement and is an important metric when analyzing Schlumberger NV profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Schlumberger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Schlumberger NV current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Schlumberger's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 1 B, whereas Discontinued Operations is projected to grow to (175.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.7B | 5.2B | 6.6B | 4.5B | Total Revenue | 22.9B | 28.1B | 33.1B | 21.0B |
Schlumberger fundamental ratios Correlations
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Schlumberger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Schlumberger fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 56.3B | 42.6B | 41.5B | 43.1B | 48.0B | 33.5B | |
Short Long Term Debt Total | 15.3B | 16.9B | 14.2B | 12.2B | 12.0B | 7.7B | |
Other Current Liab | 1.0B | 258M | (20M) | 108M | 5.7B | 5.9B | |
Total Current Liabilities | 13.1B | 10.5B | 10.4B | 12.0B | 13.4B | 8.0B | |
Total Stockholder Equity | 24.2B | 12.5B | 15.3B | 18.0B | 20.2B | 16.8B | |
Property Plant And Equipment Net | 9.3B | 6.8B | 6.4B | 6.6B | 8.1B | 7.2B | |
Net Debt | 14.2B | 16.0B | 12.4B | 10.6B | 9.1B | 5.9B | |
Retained Earnings | 18.8B | 7.0B | 8.2B | 10.7B | 13.5B | 16.0B | |
Cash | 1.1B | 844M | 1.8B | 1.7B | 2.9B | 1.8B | |
Non Current Assets Total | 40.8B | 29.7B | 28.9B | 28.1B | 30.2B | 21.1B | |
Non Currrent Assets Other | 8.4B | 6.4B | 4.2B | 4.0B | 378M | 396.9M | |
Cash And Short Term Investments | 2.2B | 3.0B | 3.1B | 2.9B | 4.0B | 3.7B | |
Net Receivables | 7.7B | 5.2B | 5.3B | 7.0B | 7.8B | 5.2B | |
Common Stock Shares Outstanding | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | |
Liabilities And Stockholders Equity | 56.3B | 42.6B | 41.5B | 43.1B | 48.0B | 33.5B | |
Non Current Liabilities Total | 19.0B | 19.6B | 15.9B | 13.1B | 13.2B | 8.6B | |
Inventory | 4.1B | 3.4B | 3.3B | 4.0B | 4.4B | 2.3B | |
Other Current Assets | 5.6B | 4.7B | 928M | 1.1B | 1.5B | 2.4B | |
Other Stockholder Equity | (3.2B) | (2.6B) | (2.0B) | (712M) | (678M) | (711.9M) | |
Total Liab | 32.1B | 30.1B | 26.2B | 25.1B | 26.6B | 16.6B | |
Total Current Assets | 15.5B | 12.9B | 12.7B | 15.0B | 17.7B | 12.4B | |
Short Term Debt | 524M | 850M | 909M | 1.6B | 1.1B | 1.2B | |
Intangible Assets | 7.1B | 3.5B | 3.2B | 3.0B | 3.2B | 3.4B | |
Accounts Payable | 10.7B | 8.4B | 8.4B | 9.1B | 4.6B | 5.6B | |
Good Will | 16.0B | 13.0B | 13.0B | 13.0B | 14.1B | 13.4B | |
Common Stock Total Equity | 13.1B | 13.0B | 12.6B | 11.8B | 13.6B | 8.4B | |
Property Plant And Equipment Gross | 9.3B | 6.8B | 29.6B | 28.9B | 30.8B | 32.4B | |
Accumulated Other Comprehensive Income | (4.4B) | (4.9B) | (3.6B) | (3.9B) | (4.3B) | (4.0B) | |
Common Stock | 13.1B | 13.0B | 12.6B | 11.8B | 11.6B | 11.0B | |
Other Liab | 3.4B | 3.6B | 2.6B | 2.0B | 2.3B | 2.7B | |
Other Assets | 1.2B | 6.1B | 4.2B | 4.0B | 4.6B | 4.8B | |
Long Term Debt | 14.8B | 16.0B | 13.3B | 10.6B | 10.8B | 9.9B | |
Short Term Investments | 1.0B | 2.2B | 1.4B | 1.2B | 1.1B | 1.0B | |
Treasury Stock | (3.6B) | (3.0B) | (2.2B) | (1.0B) | (914.4M) | (960.1M) | |
Property Plant Equipment | 9.3B | 6.8B | 6.4B | 6.6B | 7.6B | 10.2B | |
Current Deferred Revenue | 877M | 910M | 941M | 1.2B | 2.0B | 2.1B | |
Net Tangible Assets | 629M | (4.4B) | (915M) | 1.7B | 1.5B | 1.5B | |
Noncontrolling Interest In Consolidated Entity | 416M | 418M | 282M | 304M | 273.6M | 259.9M | |
Retained Earnings Total Equity | 18.8B | 7.0B | 8.2B | 10.7B | 9.6B | 9.2B |
Schlumberger Investors Sentiment
The influence of Schlumberger's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Schlumberger. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Schlumberger's public news can be used to forecast risks associated with an investment in Schlumberger. The trend in average sentiment can be used to explain how an investor holding Schlumberger can time the market purely based on public headlines and social activities around Schlumberger NV. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Schlumberger's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Schlumberger's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Schlumberger's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Schlumberger.
Schlumberger Implied Volatility | 50.65 |
Schlumberger's implied volatility exposes the market's sentiment of Schlumberger NV stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Schlumberger's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Schlumberger stock will not fluctuate a lot when Schlumberger's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Schlumberger in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Schlumberger's short interest history, or implied volatility extrapolated from Schlumberger options trading.
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When determining whether Schlumberger NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schlumberger's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schlumberger Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Schlumberger Nv Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Schlumberger's price analysis, check to measure Schlumberger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schlumberger is operating at the current time. Most of Schlumberger's value examination focuses on studying past and present price action to predict the probability of Schlumberger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schlumberger's price. Additionally, you may evaluate how the addition of Schlumberger to your portfolios can decrease your overall portfolio volatility.
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Is Schlumberger's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Schlumberger. If investors know Schlumberger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Schlumberger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.138 | Dividend Share 1.025 | Earnings Share 3 | Revenue Per Share 23.913 | Quarterly Revenue Growth 0.126 |
The market value of Schlumberger NV is measured differently than its book value, which is the value of Schlumberger that is recorded on the company's balance sheet. Investors also form their own opinion of Schlumberger's value that differs from its market value or its book value, called intrinsic value, which is Schlumberger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schlumberger's market value can be influenced by many factors that don't directly affect Schlumberger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schlumberger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.