Schlumberger NV (SLB)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 18,570,000 | 17,718,000 | 15,003,000 | 12,654,000 | 12,919,000 |
| Total current liabilities | US$ in thousands | 12,811,000 | 13,395,000 | 12,018,000 | 10,359,000 | 10,491,000 |
| Current ratio | 1.45 | 1.32 | 1.25 | 1.22 | 1.23 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $18,570,000K ÷ $12,811,000K
= 1.45
The current ratio of Schlumberger NV has remained relatively stable over the past five years, ranging from 1.22 to 1.45. A current ratio above 1 indicates that the company has sufficient current assets to cover its current liabilities.
Schlumberger NV's current ratio has shown a slight improvement over the years, reaching its highest point of 1.45 as of December 31, 2024. This suggests that the company's short-term liquidity position has strengthened, providing a buffer to meet its short-term obligations.
Overall, the current ratio of Schlumberger NV reflects a healthy liquidity position, indicating the company's ability to efficiently manage its current liabilities with its current assets.
Peer comparison
Dec 31, 2024