Stock Analysis on Net

Schlumberger Ltd. (NYSE:SLB)

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.

Schlumberger Ltd., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cash 2,900 2,488 1,930 1,501 1,655 2,180 1,893 1,600 1,757 1,569 1,439 1,268 844 1,219 1,462 1,375 1,137 1,183 1,466 1,230
Short-term investments 1,089 1,247 1,264 1,003 1,239 1,429 923 1,049 1,382 1,373 1,243 1,642 2,162 2,618 2,127 1,969 1,030 1,109 882 925
Receivables less allowance for doubtful accounts 7,812 8,049 7,675 7,578 7,032 6,650 6,247 5,713 5,315 5,349 5,347 5,269 5,247 5,552 5,808 7,486 7,747 8,332 8,471 8,171
Inventories 4,387 4,305 4,360 4,286 3,999 4,143 3,968 3,719 3,272 3,296 3,267 3,303 3,354 3,542 3,601 4,148 4,130 4,341 4,389 4,224
Other current assets 1,530 949 925 1,032 1,078 1,209 1,285 1,172 928 800 781 1,325 1,312 1,284 1,381 1,288 1,486 1,186 1,125 1,223
Current assets 17,718 17,038 16,154 15,400 15,003 15,611 14,316 13,253 12,654 12,387 12,077 12,807 12,919 14,215 14,379 16,266 15,530 16,151 16,333 15,773
Investments in affiliated companies 1,624 1,622 1,601 1,554 1,581 1,762 1,767 1,955 2,044 2,110 2,035 2,090 2,061 1,436 1,484 1,515 1,565 1,335 1,558 1,544
Fixed assets less accumulated depreciation 7,240 6,875 6,804 6,691 6,607 6,407 6,386 6,354 6,429 6,375 6,473 6,620 6,826 7,396 7,729 8,550 9,270 9,605 11,359 11,533
Goodwill 14,084 13,111 13,117 13,113 12,982 12,990 13,009 12,978 12,990 12,990 12,987 12,978 12,980 12,968 12,954 12,924 16,042 16,112 24,950 24,945
Intangible assets 3,239 2,912 2,968 3,021 2,992 3,043 3,102 3,158 3,211 3,265 3,311 3,397 3,455 3,573 3,622 3,673 7,089 7,282 8,485 8,611
Deferred taxes 33 155
Other assets 4,052 4,255 4,182 4,076 3,970 4,280 4,247 4,269 4,183 3,911 4,025 4,144 4,193 4,445 4,499 5,511 6,816 7,505 7,906 7,915
Noncurrent assets 30,239 28,775 28,672 28,455 28,132 28,482 28,511 28,714 28,857 28,651 28,831 29,229 29,515 29,851 30,288 32,328 40,782 41,839 54,258 54,548
Total assets 47,957 45,813 44,826 43,855 43,135 44,093 42,827 41,967 41,511 41,038 40,908 42,036 42,434 44,066 44,667 48,594 56,312 57,990 70,591 70,321

Based on: 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), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Schlumberger Ltd. current assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Fixed assets less accumulated depreciation Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Schlumberger Ltd. fixed assets less accumulated depreciation increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Schlumberger Ltd. noncurrent assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Schlumberger Ltd. total assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Schlumberger Ltd. short-term investments decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Receivables less allowance for doubtful accounts The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. Schlumberger Ltd. receivables less allowance for doubtful accounts increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Schlumberger Ltd. inventories decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 level.