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 $29.8B making its interest coverage ratio -80.8. 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 | -80.8x |
| Cash | US$23.46b |
| Equity | US$42.38b |
| Total liabilities | US$88.76b |
| Total assets | US$131.14b |
Recent financial health updates
No updates
Recent updates
Equinor: Stepping On The Gas In 2025
Jan 10Equinor: Market Dislikes Growth-Lacking Energy Transition, But Valuation Still Too High
Nov 18Equinor: A Reliable Double-Digit Yield Is Tough To Find In This Market
Oct 25Here's Why We Just Bought Another 1000 Shares Of Equinor
Oct 15Equinor Has Multiple Diversified Income Sources
Aug 14Equinor: A Great Company To Bet Against The Investor Sentiment
Aug 02Equinor: Trying To Thread The Needle Between Capital Returns And A Viable Asset Base
Jul 26Equinor Q1 2024 Update: 10%-Yielding Cash Cow
May 17Equinor Remains An Increasingly Diversified Cash Flow Machine
May 06Equinor: A European Energy Play With A Potential Upside (Rating Upgrade)
Mar 18Equinor: Due For A Bounce But Mind The Gas (Rating Upgrade)
Mar 11Equinor's Q4: A Buyable Sell-Off
Feb 13Equinor: 11% Yield, Tough Comps, Cash Cow
Dec 03Why We Just Bought More Shares Of Equinor
Nov 14Equinor: Not A Buy After The Earnings (Rating Downgrade)
Oct 31Equinor Ignites Electrification Momentum In Europe
Oct 12Equinor: 11% Yield, Very Strong Balance Sheet
Sep 03Financial 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 15:58 |
| 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. |