Equinor Financial Statements From 2010 to 2024

EQNR Stock  USD 24.89  0.34  1.38%   
Equinor ASA financial statements provide useful quarterly and yearly information to potential Equinor ASA ADR investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Equinor ASA financial statements helps investors assess Equinor ASA's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Equinor ASA's valuation are summarized below:
Gross Profit
85.6 B
Profit Margin
0.0898
Market Capitalization
68 B
Enterprise Value Revenue
0.6506
Revenue
104.8 B
There are over one hundred nineteen available fundamental signals for Equinor ASA ADR, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Equinor ASA's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/22/2024, Market Cap is likely to grow to about 50 B, while Enterprise Value is likely to drop slightly above 57.3 B.

Equinor ASA Total Revenue

76.47 Billion

Check Equinor ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinor ASA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 B, Interest Expense of 685.2 M or Total Revenue of 76.5 B, as well as many indicators such as Price To Sales Ratio of 1.32, Dividend Yield of 0.12 or PTB Ratio of 3.8. Equinor financial statements analysis is a perfect complement when working with Equinor ASA Valuation or Volatility modules.
  
Check out the analysis of Equinor ASA Correlation against competitors.

Equinor ASA Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets98.9 B143.6 B119.5 B
Slightly volatile
Short and Long Term Debt Total21.4 B31.8 B27.8 B
Slightly volatile
Total Current Liabilities21.1 B35.7 B24 B
Slightly volatile
Total Stockholder Equity34.5 B48.5 B41.9 B
Very volatile
Property Plant And Equipment Net53.2 B58.8 B62.1 B
Very volatile
Current Deferred Revenue18.1 B17.2 B8.6 B
Slightly volatile
Net Debt14.6 B22.2 B19.5 B
Slightly volatile
Retained Earnings59.3 B56.5 B38.7 B
Slightly volatile
Accounts Payable8.3 B5.3 B9.2 B
Slightly volatile
Non Current Assets Total70.5 B82.6 B83.6 B
Very volatile
Non Currrent Assets Other5.3 B6.4 B4.8 B
Pretty Stable
Net Receivables10.2 B16.9 B11 B
Pretty Stable
Common Stock Shares Outstanding3.3 BB3.1 B
Slightly volatile
Liabilities And Stockholders Equity98.9 B143.6 B119.5 B
Slightly volatile
Non Current Liabilities Total43 B59.4 B53.4 B
Slightly volatile
Inventory2.9 B3.8 B3.4 B
Pretty Stable
Other Current Assets2.3 B1.4 B2.5 B
Slightly volatile
Other Stockholder Equity6.3 B3.5 B5.8 B
Very volatile
Total Liabilities64.1 B95.1 B77.5 B
Slightly volatile
Total Current Assets64 B61 B38.2 B
Slightly volatile
Short Term Debt7.6 B7.3 B4.2 B
Slightly volatile
Common Stock1.2 B1.1 B1.1 B
Very volatile
Other Liabilities47.2 B45 B28.5 B
Slightly volatile
Cash6.4 B9.6 B8.4 B
Pretty Stable
Long Term Debt18.8 B22.2 B23.4 B
Slightly volatile
Short Term Investments30.7 B29.2 B12.3 B
Slightly volatile
Intangible Assets731.5 M770 M7.7 B
Slightly volatile
Property Plant Equipment56 B65 B62.6 B
Very volatile
Common Stock Total Equity1.2 B1.3 B1.2 B
Pretty Stable
Property Plant And Equipment Gross212.3 B202.2 B98 B
Slightly volatile
Good Will1.1 B1.7 B1.1 B
Pretty Stable
Net Tangible Assets36.5 B56.2 B36.7 B
Pretty Stable
Long Term Investments5.6 B5.9 B4.8 B
Slightly volatile
Short and Long Term Debt4.4 BB3.9 B
Slightly volatile
Long Term Debt Total20.9 B22.5 B26.6 B
Slightly volatile
Capital SurpluseB8.9 BB
Slightly volatile
Net Invested Capital79.4 B76.7 B70.8 B
Slightly volatile
Net Working Capital18.7 B25.9 B13 B
Slightly volatile
Capital Stock925.5 M1.1 B1.2 B
Slightly volatile
Capital Lease ObligationsB3.6 B4.2 B
Slightly volatile

Equinor ASA Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization8.2 B11.2 B10.1 B
Pretty Stable
Total Revenue76.5 B106.8 B80.3 B
Pretty Stable
Gross Profit31.6 B36.7 B32 B
Pretty Stable
Other Operating Expenses56.4 B71.1 B58.7 B
Very volatile
Research Development331.9 M311 M357.2 M
Slightly volatile
EBITDA28.6 B50.2 B32.2 B
Slightly volatile
Cost Of Revenue44.9 B70.1 B48.3 B
Very volatile
Total Operating Expenses1.2 B1.2 B9.8 B
Slightly volatile
Income Tax Expense14 B26 B15 B
Slightly volatile
Selling General Administrative885.3 M1.1 B1.2 B
Very volatile
Tax Provision16.6 B25.8 B11.9 B
Slightly volatile
Interest Income2.3 B2.2 B830.6 M
Slightly volatile
Reconciled Depreciation8.4 BB9.5 B
Pretty Stable

Equinor ASA Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow16.4 B15.6 B8.6 B
Slightly volatile
DepreciationB11.2 B10.4 B
Pretty Stable
Dividends Paid11.5 B10.9 BB
Slightly volatile
Capital Expenditures10.5 B10.6 B11.9 B
Slightly volatile
Total Cash From Operating Activities14.8 B24.7 B17.3 B
Slightly volatile
End Period Cash FlowB9.6 B8.4 B
Pretty Stable
Change To Netincome17.1 B16.3 BB
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.320.89460.9472
Slightly volatile
Dividend Yield0.120.11410.0524
Slightly volatile
PTB Ratio3.81.97121.8475
Slightly volatile
Days Sales Outstanding56.4757.844353.2097
Very volatile
Book Value Per Share16.8616.054313.5883
Pretty Stable
Operating Cash Flow Per Share8.598.17645.6939
Slightly volatile
Average Payables5.2 B6.6 B6.9 B
Very volatile
Stock Based Compensation To Revenue0.00.00.0
Very volatile
Capex To Depreciation0.90.94661.148
Slightly volatile
PB Ratio3.81.97121.8475
Slightly volatile
EV To Sales1.571.10191.2538
Pretty Stable
Inventory Turnover19.6818.386214.7387
Pretty Stable
Days Of Inventory On Hand18.2219.851825.9692
Very volatile
Payables Turnover7.5713.188811.5401
Very volatile
Average Inventory2.1 B3.9 B3.9 B
Pretty Stable
Research And Ddevelopement To Revenue0.00280.00290.0062
Slightly volatile
Capex To Revenue0.110.0990.1635
Slightly volatile
Cash Per Share13.5112.86496.6024
Slightly volatile
POCF Ratio3.683.86974.6124
Slightly volatile
Capex To Operating Cash Flow0.410.42810.8493
Slightly volatile
Days Payables Outstanding52.4327.674938.1824
Slightly volatile
EV To Operating Cash Flow9.494.76666.4839
Pretty Stable
Intangibles To Total Assets0.01660.01740.0699
Slightly volatile
Net Debt To EBITDA0.630.44151.078
Very volatile
Current Ratio1.01.70751.4319
Slightly volatile
Tangible Book Value Per Share15.9915.225810.8694
Slightly volatile
Receivables Turnover6.06.317.063
Very volatile
Graham Number39.5837.693526.6587
Slightly volatile
Shareholders Equity Per Share16.8516.05113.5569
Pretty Stable
Debt To Equity0.690.58210.6858
Very volatile
Capex Per Share2.393.50053.6989
Slightly volatile
Average Receivables9.2 B11 B11.9 B
Slightly volatile
Revenue Per Share37.1435.368426.1809
Slightly volatile
Interest Debt Per Share10.29.71478.8456
Slightly volatile
Debt To Assets0.170.19660.2273
Pretty Stable
Enterprise Value Over EBITDA2.232.34643.894
Very volatile
Short Term Coverage Ratios3.914.11964.8395
Very volatile
Operating Cycle59.377.696178.1529
Pretty Stable
Price Book Value Ratio3.81.97121.8475
Slightly volatile
Days Of Payables Outstanding52.4327.674938.1824
Slightly volatile
Price To Operating Cash Flows Ratio3.683.86974.6124
Slightly volatile
Company Equity Multiplier3.312.9612.952
Slightly volatile
Long Term Debt To Capitalization0.370.31430.3655
Very volatile
Total Debt To Capitalization0.30.36790.3918
Very volatile
Debt Equity Ratio0.690.58210.6858
Very volatile
Quick Ratio0.91.60071.2878
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.91.14991.1543
Slightly volatile
Cash Ratio0.210.26990.339
Pretty Stable
Cash Conversion Cycle52.5250.021243.0138
Slightly volatile
Operating Cash Flow Sales Ratio0.150.23120.208
Slightly volatile
Days Of Inventory Outstanding18.2219.851825.9692
Very volatile
Days Of Sales Outstanding56.4757.844353.2097
Very volatile
Cash Flow Coverage Ratios0.90.87510.6639
Slightly volatile
Price To Book Ratio3.81.97121.8475
Slightly volatile
Fixed Asset Turnover1.691.81651.3151
Slightly volatile
Capital Expenditure Coverage Ratio1.242.33581.5437
Slightly volatile
Price Cash Flow Ratio3.683.86974.6124
Slightly volatile
Enterprise Value Multiple2.232.34643.894
Very volatile
Debt Ratio0.170.19660.2273
Pretty Stable
Cash Flow To Debt Ratio0.90.87510.6639
Slightly volatile
Price Sales Ratio1.320.89460.9472
Slightly volatile
Asset Turnover0.950.74420.6763
Very volatile
Gross Profit Margin0.440.34370.3803
Very volatile
Price Fair Value3.81.97121.8475
Slightly volatile

Equinor ASA Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap50 B48.3 B50.2 B
Pretty Stable
Enterprise Value57.3 B61.3 B65.7 B
Very volatile

Equinor Fundamental Market Drivers

Forward Price Earnings7.6511
Cash And Short Term Investments38.9 B

Equinor Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Equinor ASA Financial Statements

Equinor ASA shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Equinor ASA investors may analyze each financial statement separately, they are all interrelated. The changes in Equinor ASA's assets and liabilities, for example, are also reflected in the revenues and expenses on on Equinor ASA's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue17.2 B18.1 B
Total Revenue106.8 B76.5 B
Cost Of Revenue70.1 B44.9 B
Capex To Revenue 0.10  0.11 
Revenue Per Share 35.37  37.14 
Ebit Per Revenue 0.33  0.18 

Pair Trading with Equinor ASA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinor ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinor ASA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equinor Stock

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Moving against Equinor Stock

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The ability to find closely correlated positions to Equinor ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinor ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinor ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinor ASA ADR to buy it.
The correlation of Equinor ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinor ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinor ASA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinor ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Equinor Stock Analysis

When running Equinor ASA's price analysis, check to measure Equinor ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.