Schlumberger NV (SLB)

Debt-to-equity 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
Long-term debt	US$ in thousands	11,023,000	11,864,000	12,156,000	10,740,000	10,842,000	11,147,000	11,342,000	10,698,000	10,594,000	12,452,000	12,946,000	13,163,000	13,286,000	14,370,000	15,687,000	15,834,000	16,036,000	16,471,000	5,000,000	15,409,000
Total stockholders’ equity	US$ in thousands	21,130,000	21,511,000	21,071,000	20,736,000	20,189,000	19,386,000	18,608,000	18,068,000	17,685,000	17,199,000	16,325,000	15,347,000	15,004,000	13,362,000	12,762,000	12,543,000	12,071,000	11,941,000	12,040,000	15,561,000
Debt-to-equity ratio		0.52	0.55	0.58	0.52	0.54	0.58	0.61	0.59	0.60	0.72	0.79	0.86	0.89	1.08	1.23	1.26	1.33	1.38	0.42	0.99

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $11,023,000K ÷ $21,130,000K
= 0.52

Schlumberger NV's debt-to-equity ratio has shown fluctuations over the analyzed period, starting at 0.99 in March 2020, decreasing to 0.42 by June 2020, and then increasing to 1.38 by September 2020. The ratio continued to decline to 0.52 by December 2024. Overall, the trend indicates that the company has been reducing its reliance on debt in relation to equity over the years. This suggests a potential improvement in the company's financial leverage and risk profile. However, further analysis and consideration of the industry norms and the company's specific circumstances are necessary to draw concrete conclusions about its financial health.