What Does Schlumberger''s Debt Look Like?
Over the past three months, shares of Schlumberger (NYSE: SLB ) rose by 3.30%. Before we understand the importance of debt, let us look at how much debt Schlumberger has. Schlumberger''s Debt Based on Schlumberger''s balance sheet as of April 28, 2021, long-term debt is at $15.83 billion and current debt is at $749.00 million, amounting to $16.58 billion in total debt. Adjusted for $1.27 billion in cash-equivalents, the company''s net debt is at $15.31 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion due in Full story available on Benzinga.com
What Does Schlumberger''s Debt Look Like?
Over the past three months, shares of Schlumberger (NYSE: SLB ) rose by 3.30%. Before we understand the importance of debt, let us look at how much debt Schlumberger has. Schlumberger''s Debt Based on Schlumberger''s balance sheet as of April 28, 2021, long-term debt is at $15.83 billion and current debt is at $749.00 million, amounting to $16.58 billion in total debt. Adjusted for $1.27 billion in cash-equivalents, the company''s net debt is at $15.31 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion due in Full story available on Benzinga.com