• Schlumberger average debt/equity ratio for 2023 was 0.57, a 21.92% decline from 2022.
• Schlumberger average debt/equity ratio for 2022 was 0.73, a 33.03% decline from 2021.
• Schlumberger average debt/equity ratio for 2021 was 1.09, a 11.38% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.