Common-Size Balance Sheet: Assets
Paying user area
Try for free
SLB N.V. pages available for free this week:
- Statement of Comprehensive Income
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Common Stock Valuation Ratios
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to SLB N.V. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
SLB N.V., common-size consolidated balance sheet: assets
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
The asset composition of the entity demonstrates notable shifts over the five-year period. Current assets, as a percentage of total assets, generally increased from 30.48% in 2021 to a peak of 37.95% in 2024, before decreasing slightly to 35.56% in 2025. This indicates a growing proportion of short-term assets relative to the overall asset base, although this trend stabilized in the most recent year. Non-current assets decreased from 69.52% in 2021 to 62.05% in 2024, then increased to 64.44% in 2025.
- Liquidity & Current Assets
- Cash holdings experienced volatility, increasing from 4.23% in 2021 to 7.24% in 2024, then declining to 5.53% in 2025. Short-term investments exhibited a consistent downward trend, decreasing from 3.33% to 2.14% over the period. Receivables consistently represented a significant portion of current assets, fluctuating between 12.80% and 16.37%, with a slight decrease to 15.84% in 2025. Inventories remained relatively stable, ranging from 7.88% to 9.27%, and ending at 9.17% in 2025. The combined effect of these changes contributed to the overall increase and subsequent stabilization of current assets.
- Long-Term Investments & Intangibles
- Goodwill constituted the largest single component of assets throughout the period, consistently representing approximately 29% to 31% of the total. Intangible assets decreased from 7.74% in 2021 to 6.16% in 2024, but increased significantly to 9.09% in 2025. Investments in affiliated companies showed a steady decline from 4.92% to 3.25%. Investments in APS projects also decreased, from 4.30% to 3.28% over the period.
- Other Asset Categories
- Fixed assets less accumulated depreciation remained relatively stable, decreasing gradually from 15.49% to 14.39%. Pension and other postretirement plan assets experienced a substantial decrease, falling from 2.49% in 2021 to 0.97% in 2025. Operating lease assets showed a modest increase, from 1.33% to 1.60%. Exploration data costs capitalized increased slightly from 0.37% to 0.52%. Other assets decreased from 10.08% to 7.10%.
The shifts in asset allocation suggest a potential strategic focus on short-term liquidity and a reduction in certain long-term investments. The increase in intangible assets in 2025 warrants further investigation to understand the underlying drivers. The decline in pension assets may indicate changes in pension plan funding or benefit obligations.