Schlumberger Net Interest Income vs Income Tax Expense 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 Net Interest Income and its Income Tax Expense 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.

Net Interest Income vs Income Tax Expense

Net Interest Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Schlumberger NV Net Interest Income account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Schlumberger's Net Interest Income and Income Tax Expense is 0.04. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Tax Expense 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 Net Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Schlumberger NV are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Interest Income i.e., Schlumberger's Net Interest Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Tax Expense

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 Profit3.7B5.2B6.6B4.5B
Total Revenue22.9B28.1B33.1B21.0B

Schlumberger fundamental ratios Correlations

0.80.090.930.940.870.730.85-0.130.970.680.50.840.250.80.810.79-0.620.880.820.750.820.790.860.75-0.18
0.8-0.320.850.580.470.980.46-0.50.840.760.330.480.460.960.60.52-0.40.960.520.610.710.810.80.84-0.1
0.09-0.320.00.310.51-0.40.480.53-0.12-0.390.510.46-0.47-0.390.190.3-0.55-0.250.530.32-0.29-0.33-0.25-0.110.1
0.930.850.00.790.710.810.67-0.30.90.630.370.790.480.830.850.62-0.50.930.750.690.720.790.820.880.04
0.940.580.310.790.940.480.960.120.870.540.610.870.00.560.720.81-0.70.680.870.780.740.620.740.53-0.23
0.870.470.510.710.940.380.950.170.740.420.620.94-0.060.470.780.88-0.810.580.930.730.540.560.550.53-0.21
0.730.98-0.40.810.480.380.35-0.650.790.760.20.410.520.960.550.46-0.30.940.410.520.680.820.780.84-0.04
0.850.460.480.670.960.950.350.230.740.470.740.82-0.240.410.60.8-0.830.530.890.820.590.480.580.38-0.28
-0.13-0.50.53-0.30.120.17-0.650.23-0.27-0.440.40.07-0.56-0.55-0.12-0.01-0.22-0.470.20.08-0.27-0.53-0.38-0.48-0.19
0.970.84-0.120.90.870.740.790.74-0.270.760.310.710.350.870.730.73-0.460.920.650.630.920.840.940.76-0.2
0.680.76-0.390.630.540.420.760.47-0.440.760.170.340.160.790.380.57-0.440.760.320.40.690.80.650.53-0.48
0.50.330.510.370.610.620.20.740.40.310.170.49-0.50.140.220.41-0.780.240.780.850.160.060.160.09-0.21
0.840.480.460.790.870.940.410.820.070.710.340.490.190.490.910.8-0.680.630.920.640.480.610.530.66-0.01
0.250.46-0.470.480.0-0.060.52-0.24-0.560.350.16-0.50.190.550.54-0.040.340.55-0.04-0.140.290.520.450.730.5
0.80.96-0.390.830.560.470.960.41-0.550.870.790.140.490.550.650.58-0.310.980.450.440.780.870.830.87-0.15
0.810.60.190.850.720.780.550.6-0.120.730.380.220.910.540.650.69-0.480.760.770.470.510.720.60.860.09
0.790.520.30.620.810.880.460.8-0.010.730.570.410.8-0.040.580.69-0.680.620.740.520.620.640.550.52-0.49
-0.62-0.4-0.55-0.5-0.7-0.81-0.3-0.83-0.22-0.46-0.44-0.78-0.680.34-0.31-0.48-0.68-0.4-0.82-0.75-0.2-0.35-0.22-0.340.29
0.880.96-0.250.930.680.580.940.53-0.470.920.760.240.630.550.980.760.62-0.40.580.560.790.880.860.91-0.08
0.820.520.530.750.870.930.410.890.20.650.320.780.92-0.040.450.770.74-0.820.580.830.410.470.460.56-0.08
0.750.610.320.690.780.730.520.820.080.630.40.850.64-0.140.440.470.52-0.750.560.830.460.410.530.42-0.07
0.820.71-0.290.720.740.540.680.59-0.270.920.690.160.480.290.780.510.62-0.20.790.410.460.740.940.55-0.28
0.790.81-0.330.790.620.560.820.48-0.530.840.80.060.610.520.870.720.64-0.350.880.470.410.740.770.8-0.09
0.860.8-0.250.820.740.550.780.58-0.380.940.650.160.530.450.830.60.55-0.220.860.460.530.940.770.71-0.04
0.750.84-0.110.880.530.530.840.38-0.480.760.530.090.660.730.870.860.52-0.340.910.560.420.550.80.710.21
-0.18-0.10.10.04-0.23-0.21-0.04-0.28-0.19-0.2-0.48-0.21-0.010.5-0.150.09-0.490.29-0.08-0.08-0.07-0.28-0.09-0.040.21
Click cells to compare fundamentals

Schlumberger Account Relationship Matchups

Schlumberger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.3B42.6B41.5B43.1B48.0B33.5B
Short Long Term Debt Total15.3B16.9B14.2B12.2B12.0B7.7B
Other Current Liab1.0B258M(20M)108M5.7B5.9B
Total Current Liabilities13.1B10.5B10.4B12.0B13.4B8.0B
Total Stockholder Equity24.2B12.5B15.3B18.0B20.2B16.8B
Property Plant And Equipment Net9.3B6.8B6.4B6.6B8.1B7.2B
Net Debt14.2B16.0B12.4B10.6B9.1B5.9B
Retained Earnings18.8B7.0B8.2B10.7B13.5B16.0B
Cash1.1B844M1.8B1.7B2.9B1.8B
Non Current Assets Total40.8B29.7B28.9B28.1B30.2B21.1B
Non Currrent Assets Other8.4B6.4B4.2B4.0B378M396.9M
Cash And Short Term Investments2.2B3.0B3.1B2.9B4.0B3.7B
Net Receivables7.7B5.2B5.3B7.0B7.8B5.2B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.4B1.3B
Liabilities And Stockholders Equity56.3B42.6B41.5B43.1B48.0B33.5B
Non Current Liabilities Total19.0B19.6B15.9B13.1B13.2B8.6B
Inventory4.1B3.4B3.3B4.0B4.4B2.3B
Other Current Assets5.6B4.7B928M1.1B1.5B2.4B
Other Stockholder Equity(3.2B)(2.6B)(2.0B)(712M)(678M)(711.9M)
Total Liab32.1B30.1B26.2B25.1B26.6B16.6B
Total Current Assets15.5B12.9B12.7B15.0B17.7B12.4B
Short Term Debt524M850M909M1.6B1.1B1.2B
Intangible Assets7.1B3.5B3.2B3.0B3.2B3.4B
Accounts Payable10.7B8.4B8.4B9.1B4.6B5.6B
Good Will16.0B13.0B13.0B13.0B14.1B13.4B
Common Stock Total Equity13.1B13.0B12.6B11.8B13.6B8.4B
Property Plant And Equipment Gross9.3B6.8B29.6B28.9B30.8B32.4B
Accumulated Other Comprehensive Income(4.4B)(4.9B)(3.6B)(3.9B)(4.3B)(4.0B)
Common Stock13.1B13.0B12.6B11.8B11.6B11.0B
Other Liab3.4B3.6B2.6B2.0B2.3B2.7B
Other Assets1.2B6.1B4.2B4.0B4.6B4.8B
Long Term Debt14.8B16.0B13.3B10.6B10.8B9.9B
Short Term Investments1.0B2.2B1.4B1.2B1.1B1.0B
Treasury Stock(3.6B)(3.0B)(2.2B)(1.0B)(914.4M)(960.1M)
Property Plant Equipment9.3B6.8B6.4B6.6B7.6B10.2B
Current Deferred Revenue877M910M941M1.2B2.0B2.1B
Net Tangible Assets629M(4.4B)(915M)1.7B1.5B1.5B
Noncontrolling Interest In Consolidated Entity416M418M282M304M273.6M259.9M
Retained Earnings Total Equity18.8B7.0B8.2B10.7B9.6B9.2B

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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.