Schlumberger Total Current Liabilities vs Non Current Assets Total Analysis

SLB Stock  USD 48.29  0.06  0.12%   
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 Total Current Liabilities and its Non Current Assets Total 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.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Schlumberger NV Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Schlumberger's Total Current Liabilities and Non Current Assets Total is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Schlumberger NV are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Schlumberger's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Schlumberger balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Schlumberger NV are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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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.