Common-Size Balance Sheet: Assets
Quarterly Data
Schlumberger Ltd., common-size consolidated balance sheet: assets (quarterly data)
Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Cash and Short-term Investments
- Cash as a percentage of total assets showed a gradual increase from approximately 2.83% in March 2020 to a peak of 7.24% in December 2024, followed by a slight decline to 6.64% by June 2025. In contrast, short-term investments declined steadily over the same period, starting at 4.05% in March 2020 and falling to 1.05% by June 2025, indicating a shift in liquidity composition favoring cash holdings over investments.
- Receivables and Inventories
- Receivables net of doubtful accounts rose from 15.41% in March 2020 to a peak of around 17.61% in June 2025, demonstrating a moderate increasing trend with minor fluctuations. Inventories remained relatively stable but exhibited a slight upward movement, starting at 8.54% and ending at 9.72%, reflecting consistent investment in stock levels over the timeframe.
- Other Current Assets and Total Current Assets
- Other current assets fluctuated between 1.91% and 3.19%, with no clear directional trend, while total current assets exhibited an overall increase from 33.47% in early 2020 to approximately 37.84% by mid-2025, indicating a growing share of current assets within total asset composition.
- Investments in Affiliated Companies
- These investments displayed a slight decline over the period, decreasing from 3.12% in March 2020 to around 3.44% in June 2025, with minor fluctuations suggesting a relatively stable but gradually diminishing allocation.
- Fixed Assets
- The share of fixed assets less accumulated depreciation declined modestly from 17.59% to approximately 15.17%, indicating a slight reduction in net fixed asset investment or asset base growth weighted more towards other asset categories.
- Goodwill and Intangible Assets
- Goodwill represented the largest single asset category and remained relatively stable, fluctuating around 26.6% to 30.06% throughout the timeframe, with a minor upward trend in the later periods. Intangible assets showed a consistent decrease from 7.56% to 5.93%, which may suggest amortization or write-down exceeding additions.
- Other Assets and Deferred Taxes
- Other assets declined steadily from 11.34% to 7.57%, indicating a gradual reduction in this category's share of total assets. Deferred taxes data were sparse and insufficient to identify a definitive pattern.
- Noncurrent Assets and Total Assets Composition
- Noncurrent assets collectively decreased from 66.53% of total assets in March 2020 to approximately 62.16% by mid-2025, indicating a shift towards a higher proportion of current assets. The total assets remained constant at 100% throughout the entire period, as expected.