Schlumberger Accounts Payable vs Net Working Capital Analysis
SLB Stock | USD 43.66 0.18 0.41% |
Schlumberger financial indicator trend analysis is much more than just breaking down Schlumberger NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Schlumberger NV is a good investment. Please check the relationship between Schlumberger Accounts Payable and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Accounts Payable vs Net Working Capital
Accounts Payable vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Schlumberger NV Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Schlumberger's Accounts Payable and Net Working Capital is -0.06. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Schlumberger NV, assuming nothing else is changed. The correlation between historical values of Schlumberger's Accounts Payable and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Schlumberger NV are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., Schlumberger's Accounts Payable and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Schlumberger obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Schlumberger NV are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Working Capital
Most indicators from Schlumberger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Schlumberger NV current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Schlumberger's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 1 B, whereas Discontinued Operations is projected to grow to (175.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.7B | 5.2B | 6.6B | 4.5B | Total Revenue | 22.9B | 28.1B | 33.1B | 21.0B |
Schlumberger fundamental ratios Correlations
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Schlumberger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Schlumberger fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 56.3B | 42.6B | 41.5B | 43.1B | 48.0B | 33.5B | |
Short Long Term Debt Total | 15.3B | 16.9B | 14.2B | 12.2B | 12.0B | 7.7B | |
Other Current Liab | 1.0B | 4.7B | 4.3B | 4.3B | 4.7B | 2.6B | |
Total Current Liabilities | 13.1B | 10.5B | 10.4B | 12.0B | 13.4B | 8.0B | |
Total Stockholder Equity | 24.2B | 12.5B | 15.3B | 18.0B | 20.2B | 16.8B | |
Property Plant And Equipment Net | 9.3B | 6.8B | 6.4B | 6.6B | 8.1B | 7.2B | |
Net Debt | 14.2B | 16.0B | 12.4B | 10.6B | 9.1B | 5.9B | |
Retained Earnings | 18.8B | 7.0B | 8.2B | 10.7B | 13.5B | 16.0B | |
Cash | 1.1B | 844M | 1.8B | 1.7B | 2.9B | 1.8B | |
Non Current Assets Total | 40.8B | 29.7B | 28.9B | 28.1B | 30.2B | 21.1B | |
Non Currrent Assets Other | 8.4B | 6.4B | 4.2B | 4.0B | 921M | 967.1M | |
Cash And Short Term Investments | 2.2B | 3.0B | 3.1B | 2.9B | 4.0B | 3.7B | |
Net Receivables | 7.7B | 5.2B | 5.3B | 6.8B | 7.8B | 5.2B | |
Common Stock Shares Outstanding | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | |
Liabilities And Stockholders Equity | 56.3B | 42.6B | 41.5B | 43.1B | 48.0B | 33.5B | |
Non Current Liabilities Total | 19.0B | 19.6B | 15.9B | 13.1B | 13.2B | 8.6B | |
Inventory | 4.1B | 3.4B | 3.3B | 4.0B | 4.4B | 2.3B | |
Other Current Assets | 5.6B | 1.3B | 928M | 1.3B | 1.5B | 2.3B | |
Other Stockholder Equity | (3.2B) | (3.0B) | (2.2B) | (1.0B) | (678M) | (711.9M) | |
Total Liab | 32.1B | 30.1B | 26.2B | 25.1B | 26.6B | 16.6B | |
Total Current Assets | 15.5B | 12.9B | 12.7B | 15.0B | 17.7B | 12.4B | |
Short Term Debt | 524M | 850M | 909M | 1.6B | 1.1B | 1.2B | |
Intangible Assets | 7.1B | 3.5B | 3.2B | 3.0B | 3.4B | 3.4B | |
Accounts Payable | 10.7B | 2.9B | 3.2B | 3.9B | 4.6B | 5.1B | |
Good Will | 16.0B | 13.0B | 13.0B | 13.0B | 14.1B | 13.4B | |
Common Stock Total Equity | 13.1B | 13.0B | 12.6B | 11.8B | 13.6B | 8.4B | |
Property Plant And Equipment Gross | 9.3B | 6.8B | 29.6B | 28.9B | 30.8B | 32.4B | |
Accumulated Other Comprehensive Income | (4.4B) | (4.9B) | (3.6B) | (3.9B) | (4.3B) | (4.0B) | |
Common Stock | 13.1B | 13.0B | 12.6B | 11.8B | 11.6B | 11.0B | |
Other Liab | 3.4B | 3.6B | 2.6B | 2.0B | 2.3B | 2.7B | |
Other Assets | 1.2B | 6.1B | 4.2B | 4.0B | 4.6B | 4.8B | |
Long Term Debt | 14.8B | 16.0B | 13.3B | 10.6B | 10.8B | 9.9B | |
Short Term Investments | 1.0B | 2.2B | 1.4B | 1.2B | 1.1B | 1.0B | |
Treasury Stock | (3.6B) | (3.0B) | (2.2B) | (1.0B) | (914.4M) | (960.1M) | |
Property Plant Equipment | 9.3B | 6.8B | 6.4B | 6.6B | 7.6B | 10.2B | |
Current Deferred Revenue | 877M | 910M | 941M | 1.2B | 2.0B | 2.1B | |
Net Tangible Assets | 629M | (4.4B) | (915M) | 1.7B | 1.5B | 1.5B | |
Noncontrolling Interest In Consolidated Entity | 416M | 418M | 282M | 304M | 273.6M | 259.9M | |
Retained Earnings Total Equity | 18.8B | 7.0B | 8.2B | 10.7B | 9.6B | 9.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Schlumberger NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schlumberger's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schlumberger Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Schlumberger Nv Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Schlumberger. If investors know Schlumberger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Schlumberger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.064 | Dividend Share 1.075 | Earnings Share 3.11 | Revenue Per Share 25.246 | Quarterly Revenue Growth 0.102 |
The market value of Schlumberger NV is measured differently than its book value, which is the value of Schlumberger that is recorded on the company's balance sheet. Investors also form their own opinion of Schlumberger's value that differs from its market value or its book value, called intrinsic value, which is Schlumberger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schlumberger's market value can be influenced by many factors that don't directly affect Schlumberger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schlumberger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.