Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Paying user area
Try for free
SLB N.V. pages available for free this week:
- Cash Flow Statement
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to FCFF (EV/FCFF)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Price to Earnings (P/E) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to SLB N.V. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- Trade Accounts Payable
- There is an overall increasing trend from 6.92% in 2020 to a peak of 9.62% in 2023, followed by a slight decline to 8.64% in 2024. This suggests growing reliance on supplier credit over the period, with a minor decrease in the latest year.
- Payroll, Vacation, and Employee Benefits
- This category shows a gradual decline from 3.59% in 2020 to 3.01% in 2024, reflecting either improved cost control or a relative reduction in employee-related obligations as a portion of total liabilities and equity.
- Billings and Cash Collections in Excess of Revenue
- A notable increase occurs from 2.22% in 2020 to 4.16% in 2023, stabilizing slightly at 4.10% in 2024, indicating an increase in advance payments or unearned revenue relative to total liabilities and equity.
- Other Current Liabilities
- This area declines steadily from 7.16% in 2020 to 5.44% in 2024, suggesting reduced miscellaneous current liabilities over time.
- Accounts Payable and Accrued Liabilities
- There is a consistent increase from 19.89% in 2020 to 22.74% in 2023, followed by a decline to 21.20% in 2024, indicating a higher level of short-term obligations until 2023 with slight improvement in the last year.
- Estimated Liability for Taxes on Income
- This percentage remains relatively stable, fluctuating mildly between 2.01% and 2.39%, showing consistent income tax provisions relative to total liabilities and equity.
- Short-term Borrowings and Current Portion of Long-term Debt
- This component rises from 2.00% in 2020 to a peak of 3.78% in 2022, then decreases to 2.15% in 2024, indicating variable short-term debt levels over the period with subsequent reduction.
- Dividends Payable
- There is a steady increase in dividends payable, from 0.43% in 2020 to 0.82% in 2024, suggesting either higher declared dividends or delayed dividend payments relative to total liabilities and equity.
- Current Liabilities
- Overall, current liabilities increase from 24.72% in 2020 to a peak of 27.93% in 2023, then decline to 26.18% in 2024, reflecting greater short-term obligations in the middle years followed by a moderate reduction.
- Long-term Debt (Excluding Current Portion)
- A clear downward trend is observed, falling from 37.79% in 2020 to 22.53% in 2024. This indicates significant deleveraging of long-term obligations during the period.
- Postretirement Benefits
- These liabilities drop sharply from 2.47% in 2020 to 0.36% in 2023, then rebound to 1.05% in 2024, suggesting fluctuations in obligations related to postretirement plans.
- Deferred Taxes
- The ratio remains relatively low and fluctuates, with no clear trend, oscillating between 0.04% and 0.29% over the years.
- Other Non-current Liabilities
- There is a gradual decline from 5.54% in 2020 to 4.44% in 2024, showing a slow reduction in other long-term liabilities.
- Non-current Liabilities
- This broad category decreases significantly from 45.85% in 2020 to 28.15% in 2024, primarily driven by reductions in long-term debt and other liabilities, highlighting improved financial stability.
- Total Liabilities
- Total liabilities as a percentage of total liabilities and equity reduce from 70.57% in 2020 to 54.33% in 2024, reflecting a systematic decrease in the company's overall leverage over the period.
- Common Stock
- Common stock decreases steadily from 30.57% in 2020 to 23.41% in 2024, which may indicate share repurchases, reduced issuance, or reclassification effects.
- Treasury Stock
- The negative percentage balance moves closer to zero from -7.15% in 2020 to -1.41% in 2023, then declines again to -3.62% in 2024, suggesting fluctuations in treasury stock holdings with partial share buybacks or reissuances.
- Retained Earnings
- This component rises steadily from 16.54% in 2020 to 33.5% in 2024, signaling growing accumulated profits reinvested in the company, which positively impacts equity.
- Accumulated Other Comprehensive Loss
- There is a moderate reduction in losses from -11.51% in 2020 to around -8.87% in 2023, but this reverses slightly to -10.12% in 2024, indicating some volatility in components such as foreign currency translation or unrealized gains/losses.
- Total SLB Stockholders’ Equity
- The equity percentage improves from 28.45% in 2020 to 43.18% in 2024, reflecting enhanced capitalization and financial strength over time.
- Noncontrolling Interests
- Noncontrolling interests remain relatively low but increase from 0.99% in 2020 to 2.49% in 2024, showing a growing share of minority ownership in consolidated entities.
- Total Equity
- Total equity grows consistently from 29.43% in 2020 to 45.67% in 2024, corroborating the trend of strengthening equity base and lowering leverage.
- Total Liabilities and Equity
- This remains constant at 100%, as expected for the balance sheet composition.