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
Financial Position Analysis
Short Term Liabilities: STOH.F's short term assets ($57.8B) exceed its short term liabilities ($30.6B).
Long Term Liabilities: STOH.F's short term assets ($57.8B) exceed its long term liabilities ($56.5B).
Debt to Equity History and Analysis
Debt Level: STOH.F has more cash than its total debt.
Reducing Debt: STOH.F's debt to equity ratio has reduced from 55.5% to 50.7% over the past 5 years.
Debt Coverage: STOH.F's debt is well covered by operating cash flow (74.2%).
Interest Coverage: STOH.F earns more interest than it pays, so coverage of interest payments is not a concern.