Schlumberger Probability Of Bankruptcy

SLB
 Stock
  

USD 34.22  0.36  1.06%   

Schlumberger NV Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Schlumberger NV Probability Of Bankruptcy is determined by interpolating and adjusting Schlumberger Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Schlumberger balance sheet as well as cash flow and income statements available from the company's most recent filings. Additionally, take a look at Schlumberger Piotroski F Score and Schlumberger Altman Z Score analysis.
  

Schlumberger Probability Of Bankruptcy Analysis

Schlumberger's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Schlumberger Probability Of Bankruptcy

    
  37%  
Most of Schlumberger's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Schlumberger NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Schlumberger probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Schlumberger odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Schlumberger NV financial health.
Is Schlumberger's industry 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.
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 Schlumberger value 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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Schlumberger NV has a Probability Of Bankruptcy of 37.0%. This is 23.27% lower than that of the Energy sector and 15.7% lower than that of the Oil & Gas Equipment & Services industry. The probability of bankruptcy for all United States stocks is 7.11% higher than that of the company.
Chance Of Financial Distress
Less than 37
Schlumberger NV has less than 37 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Schlumberger stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

Schlumberger Fundamentals

About Schlumberger Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Schlumberger NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Schlumberger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Schlumberger NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Schlumberger Limited provides technology for the energy industry worldwide. Schlumberger Limited was founded in 1926 and is based in Houston, Texas. Schlumberger operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 92000 people.

Schlumberger Implied Volatility

    
  83.64  
Schlumberger's implied volatility exposes the market's sentiment of Schlumberger NV stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Schlumberger's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Schlumberger stock will not fluctuate a lot when Schlumberger's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Schlumberger in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Schlumberger's short interest history, or implied volatility extrapolated from Schlumberger options trading.

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Additionally, take a look at Schlumberger Piotroski F Score and Schlumberger Altman Z Score analysis. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Schlumberger NV price analysis, check to measure Schlumberger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schlumberger is operating at the current time. Most of Schlumberger's value examination focuses on studying past and present price action to predict the probability of Schlumberger's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Schlumberger's price. Additionally, you may evaluate how the addition of Schlumberger to your portfolios can decrease your overall portfolio volatility.
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Is Schlumberger's industry 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.
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 Schlumberger value 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.