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
CashUS$30.71b
EquityUS$44.39b
Total liabilitiesUS$90.73b
Total assetsUS$135.12b

Recent financial health updates

No updates

Recent updates

Equinor: Market Dislikes Growth-Lacking Energy Transition, But Valuation Still Too High

Nov 18

Equinor: A Reliable Double-Digit Yield Is Tough To Find In This Market

Oct 25

Here's Why We Just Bought Another 1000 Shares Of Equinor

Oct 15

Equinor Has Multiple Diversified Income Sources

Aug 14

Equinor: A Great Company To Bet Against The Investor Sentiment

Aug 02

Equinor: Trying To Thread The Needle Between Capital Returns And A Viable Asset Base

Jul 26

Equinor Q1 2024 Update: 10%-Yielding Cash Cow

May 17

Equinor Remains An Increasingly Diversified Cash Flow Machine

May 06

Equinor: A European Energy Play With A Potential Upside (Rating Upgrade)

Mar 18

Equinor: Due For A Bounce But Mind The Gas (Rating Upgrade)

Mar 11

Equinor's Q4: A Buyable Sell-Off

Feb 13

Equinor: 11% Yield, Tough Comps, Cash Cow

Dec 03

Why We Just Bought More Shares Of Equinor

Nov 14

Equinor: Not A Buy After The Earnings (Rating Downgrade)

Oct 31

Equinor Ignites Electrification Momentum In Europe

Oct 12

Equinor: 11% Yield, Very Strong Balance Sheet

Sep 03

Equinor's Strong Q2 Earnings Show Its Long-Term Value

Jul 26

Downranking Equinor: NOC Interests Are Not Aligned With Some Individual Investors

Jun 23

Equinor: High Yield Dividend And Growth Amid Geopolitical Tensions

Jun 09

Financial 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.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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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 .

Analyst Sources

Equinor ASA is covered by 61 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Robert Jan VosABN AMRO Bank N.V.
Thijs BerkelderABN AMRO Bank N.V.