Equinor Balance Sheet Health
Financial Health criteria checks 6/6
Equinor has a total shareholder equity of $50.1B and total debt of $25.4B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are $137.2B and $87.1B respectively. Equinor's EBIT is $31.1B making its interest coverage ratio -23.1. It has cash and short-term investments of $37.3B.
Key information
50.7%
Debt to equity ratio
US$25.41b
Debt
| Interest coverage ratio | -23.1x |
| Cash | US$37.27b |
| Equity | US$50.08b |
| Total liabilities | US$87.12b |
| Total assets | US$137.20b |
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 08Equinor (OB:EQNR) Has A Pretty Healthy Balance Sheet
Feb 24Recent updates
We 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 11Equinor (OB:EQNR) Has A Pretty Healthy Balance Sheet
Feb 24Financial Position Analysis
Short Term Liabilities: EQNR's short term assets ($57.8B) exceed its short term liabilities ($30.6B).
Long Term Liabilities: EQNR's short term assets ($57.8B) exceed its long term liabilities ($56.5B).
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 reduced from 55.5% to 50.7% over the past 5 years.
Debt Coverage: EQNR's debt is well covered by operating cash flow (74.2%).
Interest Coverage: EQNR earns more interest than it pays, so coverage of interest payments is not a concern.