Schlumberger NV (SLB)

Current ratio

		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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	18,570,000	18,801,000	18,517,000	17,700,000	17,718,000	17,038,000	16,154,000	15,400,000	15,003,000	15,611,000	14,316,000	13,253,000	12,654,000	12,387,000	12,077,000	12,807,000	12,919,000	14,215,000	14,379,000	16,266,000
Total current liabilities	US$ in thousands	12,811,000	12,699,000	12,409,000	12,879,000	13,395,000	12,528,000	12,163,000	12,252,000	12,018,000	11,134,000	10,583,000	10,696,000	10,359,000	9,735,000	8,784,000	9,873,000	10,491,000	11,651,000	11,665,000	13,262,000
Current ratio		1.45	1.48	1.49	1.37	1.32	1.36	1.33	1.26	1.25	1.40	1.35	1.24	1.22	1.27	1.37	1.30	1.23	1.22	1.23	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 been relatively stable over the past few years. It started at around 1.23 in March 2020 and remained within a range of 1.22 to 1.37 until December 2021. From March 2022 to December 2024, the current ratio fluctuated between 1.24 and 1.49, with a slight upward trend observed towards the end of the period. The company maintained a healthy level of liquidity throughout, as indicated by the current ratio consistently above 1, indicating that it had more than enough current assets to cover its current liabilities. Overall, the current ratio trend suggests that Schlumberger NV has managed its short-term financial obligations effectively during the period under review.