Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $42,434 | $41,511 | $43,135 | $47,957 | $48,935 |
Liabilities | $29,945 | $26,225 | $25,146 | $26,598 | $26,585 |
Equity | $12,071 | $15,004 | $17,685 | $20,189 | $21,130 |
Edwyn
Over the past 5 years, SCHLUMBERGER LIMITED/NV has shown a relatively stable financial position with gradual growth in total assets. Total assets increased from $42.4 billion in 2020 to $48.9 billion in 2024, indicating the company's ability to expand its asset base over time. This growth can be attributed to strategic investments and potentially increased operational efficiency. Meanwhile, total liabilities have seen fluctuations, with a noticeable decrease from $29.9 billion in 2020 to $25.6 billion in 2022, followed by a slight increase in the subsequent years. This trend suggests that the company focused on debt reduction initially, which could have positively impacted its financial health and leverage ratios. Stockholders' equity has shown a consistent upward trajectory, rising from $12.1 billion in 2020 to $21.1 billion in 2024. The increasing equity indicates that the company's shareholders' stake in the business has strengthened, possibly due to retained earnings or successful capital management strategies. Overall, SCHLUMBERGER LIMITED/NV's financial position seems robust, with a healthy balance sheet and a focus on improving shareholder value. The fluctuations in liabilities highlight the company's adaptability to changing market conditions, while the steady growth in equity reflects investor confidence in its long-term prospects. Considering the company operates in the energy sector, which can be volatile, these financial trends demonstrate SCHLUMBERGER LIMITED/NV's resilience and ability to navigate challenges effectively.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.