Equinor Balance Sheet Health
Financial Health criteria checks 5/6
Equinor has a total shareholder equity of $44.4B and total debt of $26.1B, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are $135.1B and $90.7B respectively. Equinor's EBIT is $30.1B making its interest coverage ratio -25.7. It has cash and short-term investments of $30.7B.
Key information
58.8%
Debt to equity ratio
US$26.10b
Debt
| Interest coverage ratio | -25.7x |
| Cash | US$30.71b |
| Equity | US$44.39b |
| Total liabilities | US$90.73b |
| Total assets | US$135.12b |
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 10Does Equinor (OB:EQNR) Have A Healthy Balance Sheet?
Dec 14Recent updates
We 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 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 08Financial Position Analysis
Short Term Liabilities: EQNR's short term assets ($50.5B) exceed its short term liabilities ($33.9B).
Long Term Liabilities: EQNR's short term assets ($50.5B) do not cover its long term liabilities ($56.9B).
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 59.5% to 58.8% over the past 5 years.
Debt Coverage: EQNR's debt is well covered by operating cash flow (78.2%).
Interest Coverage: EQNR earns more interest than it pays, so coverage of interest payments is not a concern.