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
No updates
Recent updates
Equinor: 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 03Equinor's Strong Q2 Earnings Show Its Long-Term Value
Jul 26Downranking Equinor: NOC Interests Are Not Aligned With Some Individual Investors
Jun 23Equinor: High Yield Dividend And Growth Amid Geopolitical Tensions
Jun 09Equinor's Free Cash Flow Generation Is An Income-Seekers Dream
May 27Equinor reports Q4 results; updates FY23 guidance
Feb 08Equinor awarded 26 new production licenses offshore Norway
Jan 10Equinor: Profitability On The Way To Net Zero... Starting Now
Dec 22National Oil Company Equinor ASA A Worthwhile Energy Investment
Nov 06Equinor automates commercial agreements with smart contracts
Oct 25Equinor Is A Decent Diversification In The Energy Sector
Oct 08Equinor appoints CFO from within ranks
Sep 30Equinor: The Preferred European Gas Supplier
Sep 22Equinor ASA: Norwegian Gas Is A Cornerstone In Europe's Energy Transition
Aug 30Financial 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.