Equinor Balance Sheet Health
Financial Health criteria checks 5/6
Equinor has a total shareholder equity of $42.4B and total debt of $26.6B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are $131.1B and $88.8B respectively. Equinor's EBIT is $30.9B making its interest coverage ratio -83.8. It has cash and short-term investments of $23.5B.
Key information
62.7%
Debt to equity ratio
US$26.58b
Debt
| Interest coverage ratio | -83.8x |
| Cash | US$23.46b |
| Equity | US$42.38b |
| Total liabilities | US$88.76b |
| Total assets | US$131.14b |
Recent financial health updates
We Think Equinor (OB:EQNR) Is Taking Some Risk With Its Debt
Nov 13
These 4 Measures Indicate That Equinor (OB:EQNR) Is Using Debt Extensively
Aug 13Is Equinor (OB:EQNR) Using Too Much Debt?
Apr 10Recent updates
Equinor (OB:EQNR) Is Investing Its Capital With Increasing Efficiency
Feb 02Insufficient Growth At Equinor ASA (OB:EQNR) Hampers Share Price
Dec 01We Think Equinor (OB:EQNR) Is Taking Some Risk With Its Debt
Nov 13Equinor ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Oct 26Why The 32% Return On Capital At Equinor (OB:EQNR) Should Have Your Attention
Oct 13These 4 Measures Indicate That Equinor (OB:EQNR) Is Using Debt Extensively
Aug 13Investors 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 19Financial Position Analysis
Short Term Liabilities: EQNR's short term assets ($53.2B) exceed its short term liabilities ($36.0B).
Long Term Liabilities: EQNR's short term assets ($53.2B) exceed its long term liabilities ($52.7B).
Debt to Equity History and Analysis
Debt Level: EQNR's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: EQNR's debt to equity ratio has increased from 60% to 62.7% over the past 5 years.
Debt Coverage: EQNR's debt is well covered by operating cash flow (75.6%).
Interest Coverage: EQNR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 04:26 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Equinor ASA is covered by 63 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| John A. Olaisen | ABG Sundal Collier |
| Robert Jan Vos | ABN AMRO Bank N.V. |