Equinor Balance Sheet Health
Financial Health criteria checks 4/6
Equinor has a total shareholder equity of $43.7B and total debt of $28.9B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are $134.1B and $90.4B respectively. Equinor's EBIT is $31.6B making its interest coverage ratio -25.3. It has cash and short-term investments of $32.0B.
Key information
66.1%
Debt to equity ratio
US$28.88b
Debt
| Interest coverage ratio | -25.3x |
| Cash | US$32.00b |
| Equity | US$43.70b |
| Total liabilities | US$90.44b |
| Total assets | US$134.14b |
Recent financial health updates
Is Equinor (OB:EQNR) Using Too Much Debt?
Apr 10
Does Equinor (OB:EQNR) Have A Healthy Balance Sheet?
Dec 14Is Equinor (OB:EQNR) Using Too Much Debt?
Sep 12These 4 Measures Indicate That Equinor (OB:EQNR) Is Using Debt Reasonably Well
Jun 08Recent updates
Investors Don't See Light At End Of Equinor ASA's (OB:EQNR) Tunnel
Jul 19We Like Equinor's (OB:EQNR) Returns And Here's How They're Trending
Jul 01We Discuss Whether Equinor ASA's (OB:EQNR) CEO Is Due For A Pay Rise
May 08Equinor ASA Just Recorded A 26% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 27Is Equinor (OB:EQNR) Using Too Much Debt?
Apr 10Investors Should Be Encouraged By Equinor's (OB:EQNR) Returns On Capital
Mar 19Little Excitement Around Equinor ASA's (OB:EQNR) Earnings
Jan 19Does Equinor (OB:EQNR) Have A Healthy Balance Sheet?
Dec 14Equinor (OB:EQNR) Is Very Good At Capital Allocation
Nov 26Calculating The Fair Value Of Equinor ASA (OB:EQNR)
Nov 08Here's Why Equinor (OB:EQNR) Has Caught The Eye Of Investors
Oct 03Is Equinor (OB:EQNR) Using Too Much Debt?
Sep 12A Look At The Fair Value Of Equinor ASA (OB:EQNR)
Aug 04We Ran A Stock Scan For Earnings Growth And Equinor (OB:EQNR) Passed With Ease
Jun 26These 4 Measures Indicate That Equinor (OB:EQNR) Is Using Debt Reasonably Well
Jun 08Equinor ASA (OB:EQNR) Shares Could Be 32% Above Their Intrinsic Value Estimate
May 03With EPS Growth And More, Equinor (OB:EQNR) Makes An Interesting Case
Mar 11Financial Position Analysis
Short Term Liabilities: EQNR's short term assets ($52.6B) exceed its short term liabilities ($34.2B).
Long Term Liabilities: EQNR's short term assets ($52.6B) do not cover its long term liabilities ($56.2B).
Debt to Equity History and Analysis
Debt Level: EQNR has more cash than its total debt.
Reducing Debt: EQNR's debt to equity ratio has increased from 57.5% to 66.1% over the past 5 years.
Debt Coverage: EQNR's debt is well covered by operating cash flow (64.4%).
Interest Coverage: EQNR earns more interest than it pays, so coverage of interest payments is not a concern.