Name: SLB N.V. (NYSE:SLB) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

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Current Assets: Selected Items

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

US$ in millions

	Sep 30, 2026	Jun 30, 2026	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	2,621)	2,743)	2,819)	3,036)	3,014)	3,236)	2,936)	3,544)	3,086)	2,953)	2,788)	2,900)	2,488)	1,930)	1,501)	1,655)	2,180)	1,893)	1,600)	1,757)	1,569)	1,439)	1,268)
Short-term investments	930)	1,328)	568)	1,176)	571)	511)	961)	1,125)	1,376)	1,050)	703)	1,089)	1,247)	1,264)	1,003)	1,239)	1,429)	923)	1,049)	1,382)	1,373)	1,243)	1,642)
Receivables less allowance for doubtful accounts	9,735)	9,132)	9,037)	8,689)	9,101)	8,586)	8,604)	8,011)	8,260)	8,605)	8,222)	7,812)	8,049)	7,675)	7,578)	7,032)	6,650)	6,247)	5,713)	5,315)	5,349)	5,347)	5,269)
Inventories	5,517)	5,436)	5,274)	5,032)	5,321)	4,740)	4,650)	4,375)	4,573)	4,504)	4,549)	4,387)	4,305)	4,360)	4,286)	3,999)	4,143)	3,968)	3,719)	3,272)	3,296)	3,267)	3,303)
Other current assets	1,694)	1,605)	1,637)	1,580)	1,461)	1,380)	1,444)	1,515)	1,506)	1,405)	1,438)	1,530)	949)	925)	1,032)	1,078)	1,209)	1,285)	1,172)	928)	800)	781)	1,325)
Current assets	20,497)	20,244)	19,335)	19,513)	19,468)	18,453)	18,595)	18,570)	18,801)	18,517)	17,700)	17,718)	17,038)	16,154)	15,400)	15,003)	15,611)	14,316)	13,253)	12,654)	12,387)	12,077)	12,807)
Investments in affiliated companies	1,712)	1,691)	1,784)	1,783)	1,691)	1,676)	1,641)	1,635)	1,744)	1,678)	1,606)	1,624)	1,622)	1,601)	1,554)	1,581)	1,762)	1,767)	1,955)	2,044)	2,110)	2,035)	2,090)
Fixed assets less accumulated depreciation	7,707)	7,745)	7,747)	7,894)	7,999)	7,399)	7,399)	7,359)	7,360)	7,335)	7,253)	7,240)	6,875)	6,804)	6,691)	6,607)	6,407)	6,386)	6,354)	6,429)	6,375)	6,473)	6,620)
Goodwill	17,263)	17,001)	16,852)	16,794)	17,007)	14,658)	14,637)	14,593)	14,559)	14,530)	14,086)	14,084)	13,111)	13,117)	13,113)	12,982)	12,990)	13,009)	12,978)	12,990)	12,990)	12,987)	12,978)
Intangible assets	4,927)	4,876)	4,901)	4,988)	5,089)	2,893)	2,963)	3,012)	3,122)	3,198)	3,167)	3,239)	2,912)	2,968)	3,021)	2,992)	3,043)	3,102)	3,158)	3,211)	3,265)	3,311)	3,397)
Other assets	4,094)	3,975)	3,907)	3,896)	3,839)	3,690)	3,767)	3,766)	4,189)	4,115)	4,044)	4,052)	4,255)	4,182)	4,076)	3,970)	4,280)	4,247)	4,269)	4,183)	3,911)	4,025)	4,144)
Noncurrent assets	35,703)	35,288)	35,191)	35,355)	35,625)	30,316)	30,407)	30,365)	30,974)	30,856)	30,156)	30,239)	28,775)	28,672)	28,455)	28,132)	28,482)	28,511)	28,714)	28,857)	28,651)	28,831)	29,229)
Total assets	56,200)	55,532)	54,526)	54,868)	55,093)	48,769)	49,002)	48,935)	49,775)	49,373)	47,856)	47,957)	45,813)	44,826)	43,855)	43,135)	44,093)	42,827)	41,967)	41,511)	41,038)	40,908)	42,036)

Total assets exhibited a sustained upward trajectory over the analyzed period, growing from 42,036 million USD in March 2021 to 56,200 million USD by September 2026. This represents a substantial expansion of the balance sheet, characterized by steady growth in current assets and a significant step-increase in noncurrent assets during the latter half of the period.

Current Asset Expansion: Current assets increased from 12,807 million USD to 20,497 million USD. This growth was primarily driven by a consistent rise in receivables, which nearly doubled from 5,269 million USD in March 2021 to 9,735 million USD by September 2026. Inventories also showed a steady climb, rising from 3,303 million USD to 5,517 million USD, suggesting an increase in operational scale or strategic stockpiling.
Liquidity Profile: Cash positions showed significant volatility but an overall net increase, peaking at 3,544 million USD in December 2024 before stabilizing between 2,600 million USD and 3,200 million USD in 2025 and 2026. Conversely, short-term investments trended downward from a high of 1,642 million USD in March 2021 to 930 million USD by September 2026, indicating a shift in how liquid reserves are held.
Noncurrent Asset Dynamics: Noncurrent assets grew from 29,229 million USD to 35,703 million USD. Fixed assets experienced moderate growth, increasing from 6,620 million USD to 7,707 million USD. A notable shift occurred in the third quarter of 2025, where goodwill surged from 14,658 million USD to 17,007 million USD, and intangible assets jumped from 2,893 million USD to 5,089 million USD. This simultaneous spike suggests a significant acquisition or business combination during that period.
Affiliated Investments: Investments in affiliated companies followed a general downward trend, decreasing from 2,090 million USD in March 2021 to 1,712 million USD by September 2026, indicating a reduction in equity stakes or divestments from affiliated entities.

The overall composition of the asset base shifted toward higher concentrations of receivables and intangible assets. While the expansion of current assets indicates increased operational activity, the sharp rise in goodwill and intangibles in 2025 marks a strategic transition in the company's asset structure, moving toward a higher proportion of acquired intangible value.

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SLB N.V. (NYSE:SLB)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data