Stock Analysis on Net

SLB N.V. (NYSE:SLB)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

SLB N.V., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash
Short-term investments
Receivables less allowance for doubtful accounts
Inventories
Other current assets
Current assets
Investments in affiliated companies
Fixed assets less accumulated depreciation
Goodwill
Intangible assets
Other assets
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


The asset composition of the company demonstrates a strategic shift toward higher liquidity, characterized by a gradual increase in the proportion of current assets relative to total assets. From March 31, 2021, to March 31, 2026, current assets rose from 30.47% to 35.46%, peaking at 37.95% in December 2024. Conversely, noncurrent assets saw a corresponding decline, moving from 69.53% to 64.54% over the same period.

Liquidity and Short-Term Asset Trends
Cash holdings exhibited a consistent upward trajectory, increasing from 3.02% of total assets in early 2021 to 5.17% by March 2026, with a notable peak of 7.24% in December 2024. This growth in cash was partially offset by a steady decline in short-term investments, which fell from 3.91% to 1.04%. Receivables showed the most significant growth among current assets, expanding from 12.53% to 16.57%, suggesting an increase in credit sales or a shift in collection cycles. Inventories remained relatively stable, fluctuating within a narrow band between 7.86% and 9.72%.
Noncurrent Asset Composition
Fixed assets represented a shrinking portion of the balance sheet, declining from 15.75% to 14.21%. Goodwill remained the most substantial noncurrent asset component, consistently maintaining a weight of approximately 30% of total assets, indicating that a large portion of the asset base is tied to historical acquisitions. Investments in affiliated companies trended downward, decreasing from 4.97% in March 2021 to 3.27% by March 2026.
Intangible and Other Assets
Intangible assets generally followed a downward trend from 8.08% in early 2021 to a low of 5.93% in June 2025, before experiencing a sharp increase to 8.99% by March 2026. Other assets showed a consistent decline, dropping from 9.86% to 7.17% over the analyzed period, contributing to the overall reduction in the noncurrent asset ratio.

Overall, the data indicates a transition toward a more liquid balance sheet. The increase in the percentage of receivables and cash, coupled with the reduction in fixed and other noncurrent assets, suggests a decrease in capital intensity or a strategic repositioning of resources toward working capital.