Schlumberger Tax Provision from 2010 to 2024

SLB Stock  USD 43.66  0.18  0.41%   
Schlumberger's Tax Provision is decreasing over the years with very volatile fluctuation. Overall, Tax Provision is expected to go to about 1 B this year. Tax Provision is the amount set aside by Schlumberger NV to cover any estimated taxes for the current period. It reflects Schlumberger's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
259 M
Current Value
276 M
Quarterly Volatility
262.3 M
 
Covid
Check Schlumberger financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schlumberger's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Interest Expense of 528.1 M or Total Revenue of 21 B, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.0159 or PTB Ratio of 4.0. Schlumberger financial statements analysis is a perfect complement when working with Schlumberger Valuation or Volatility modules.
  
Check out the analysis of Schlumberger Correlation against competitors.

Latest Schlumberger's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Schlumberger NV over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Schlumberger's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Schlumberger's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Schlumberger Tax Provision Regression Statistics

Arithmetic Mean473,356,667
Coefficient Of Variation112.56
Mean Deviation402,418,667
Median746,000,000
Standard Deviation532,789,379
Sample Variance283864.5T
Range1.8B
R-Value(0.11)
Mean Square Error302101T
R-Squared0.01
Significance0.70
Slope(12,926,964)
Total Sum of Squares3974103.3T

Schlumberger Tax Provision History

2024B
2023987 M
2022779 M
2021446 M
2020-812 M
2019-311 M
2018447 M

About Schlumberger Financial Statements

Schlumberger stakeholders use historical fundamental indicators, such as Schlumberger's Tax Provision, to determine how well the company is positioned to perform in the future. Although Schlumberger investors may analyze each financial statement separately, they are all interrelated. For example, changes in Schlumberger's assets and liabilities are reflected in the revenues and expenses on Schlumberger's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Schlumberger NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision987 MB

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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 the analysis of Schlumberger Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.