Liquidity ratios measure the company ability to meet its short-term obligations.

Schlumberger Ltd., liquidity ratios

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Current ratio	1.45	1.32	1.25	1.22	1.23
Quick ratio	0.99	0.88	0.83	0.82	0.79
Cash ratio	0.36	0.30	0.24	0.30	0.29

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Liquidity ratio	Description	The company
Current ratio	A liquidity ratio calculated as current assets divided by current liabilities.	Schlumberger Ltd. current ratio improved from 2022 to 2023 and from 2023 to 2024.
Quick ratio	A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.	Schlumberger Ltd. quick ratio improved from 2022 to 2023 and from 2023 to 2024.
Cash ratio	A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.	Schlumberger Ltd. cash ratio improved from 2022 to 2023 and from 2023 to 2024.

Schlumberger Ltd., current ratio calculation, comparison to benchmarks

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Selected Financial Data (US$ in millions)
Current assets	18,570)	17,718)	15,003)	12,654)	12,919)
Current liabilities	12,811)	13,395)	12,018)	10,359)	10,491)
Liquidity Ratio
Current ratio¹	1.45	1.32	1.25	1.22	1.23
Benchmarks
Current Ratio, Industry
Energy	—	1.37	1.40	1.15	1.02

¹ 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 18,570 ÷ 12,811 = 1.45

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Liquidity ratio	Description	The company
Current ratio	A liquidity ratio calculated as current assets divided by current liabilities.	Schlumberger Ltd. current ratio improved from 2022 to 2023 and from 2023 to 2024.

Schlumberger Ltd., quick ratio calculation, comparison to benchmarks

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash	3,544)	2,900)	1,655)	1,757)	844)
Short-term investments	1,125)	1,089)	1,239)	1,382)	2,162)
Receivables less allowance for doubtful accounts	8,011)	7,812)	7,032)	5,315)	5,247)
Total quick assets	12,680)	11,801)	9,926)	8,454)	8,253)

Current liabilities	12,811)	13,395)	12,018)	10,359)	10,491)
Liquidity Ratio
Quick ratio¹	0.99	0.88	0.83	0.82	0.79
Benchmarks
Quick Ratio, Industry
Energy	—	0.97	1.04	0.81	0.63

¹ 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 12,680 ÷ 12,811 = 0.99

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Liquidity ratio	Description	The company
Quick ratio	A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities.	Schlumberger Ltd. quick ratio improved from 2022 to 2023 and from 2023 to 2024.

Schlumberger Ltd., cash ratio calculation, comparison to benchmarks

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Selected Financial Data (US$ in millions)
Cash	3,544)	2,900)	1,655)	1,757)	844)
Short-term investments	1,125)	1,089)	1,239)	1,382)	2,162)
Total cash assets	4,669)	3,989)	2,894)	3,139)	3,006)

Current liabilities	12,811)	13,395)	12,018)	10,359)	10,491)
Liquidity Ratio
Cash ratio¹	0.36	0.30	0.24	0.30	0.29
Benchmarks
Cash Ratio, Industry
Energy	—	0.40	0.45	0.22	0.22

¹ 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 4,669 ÷ 12,811 = 0.36

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Liquidity ratio	Description	The company
Cash ratio	A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities.	Schlumberger Ltd. cash ratio improved from 2022 to 2023 and from 2023 to 2024.

Schlumberger Ltd. (NYSE:SLB)

Analysis of Liquidity Ratios