Equinor Asa Adr Stock Return On Equity

EQNR Stock

USD 24.36 0.31 1.26%

Equinor ASA ADR fundamentals help investors to digest information that contributes to Equinor ASA's financial success or failures. It also enables traders to predict the movement of Equinor Stock. The fundamental analysis module provides a way to measure Equinor ASA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Equinor ASA stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.25	0.19

As of 11/25/2024, Return On Equity is likely to drop to 0.19.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Equinor ASA ADR Company Return On Equity Analysis

Equinor ASA's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Equinor ASA Return On Equity

0.2

Most of Equinor ASA's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Equinor ASA ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Equinor Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Equinor ASA is extremely important. It helps to project a fair market value of Equinor Stock properly, considering its historical fundamentals such as Return On Equity. Since Equinor ASA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Equinor ASA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Equinor ASA's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Treasury Stock	Good Will	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.91	0.54	0.35	0.73	0.42	0.81	0.97	0.66	0.48	0.74	0.65	0.38	0.37	0.84	-0.85	0.58	0.26	0.24	0.26	-0.14	0.22	0.28	0.42	0.03
Total Stockholder Equity	0.91		0.38	0.09	0.72	0.68	0.75	0.78	0.47	0.21	0.77	0.5	0.17	0.56	0.88	-0.79	0.51	0.34	-0.07	-0.01	0.06	-0.01	0.16	0.18	0.09
Current Deferred Revenue	0.54	0.38		-0.12	0.72	0.02	0.72	0.59	0.88	0.74	0.33	0.01	0.76	-0.3	0.21	-0.25	0.54	0.52	0.41	0.47	-0.44	0.39	0.7	0.75	-0.57
Net Debt	0.35	0.09	-0.12		0.0	-0.19	-0.05	0.47	0.09	0.38	0.12	0.85	0.19	0.02	0.37	-0.58	-0.13	-0.49	0.49	0.27	-0.32	0.43	-0.12	0.04	0.13
Retained Earnings	0.73	0.72	0.72	0.0		0.28	0.74	0.67	0.81	0.69	0.64	0.24	0.68	-0.03	0.56	-0.57	0.54	0.49	0.38	0.35	-0.5	0.45	0.7	0.58	-0.55
Accounts Payable	0.42	0.68	0.02	-0.19	0.28		0.39	0.23	-0.09	-0.28	0.66	0.17	-0.39	0.85	0.7	-0.51	0.25	0.01	-0.58	-0.41	0.47	-0.52	-0.31	-0.44	0.21
Net Receivables	0.81	0.75	0.72	-0.05	0.74	0.39		0.77	0.71	0.49	0.65	0.17	0.44	0.21	0.54	-0.51	0.73	0.62	0.18	0.38	-0.12	0.16	0.44	0.54	-0.13
Total Liab	0.97	0.78	0.59	0.47	0.67	0.23	0.77		0.71	0.59	0.66	0.69	0.48	0.23	0.74	-0.81	0.57	0.2	0.41	0.4	-0.24	0.33	0.33	0.52	0.0
Total Current Assets	0.66	0.47	0.88	0.09	0.81	-0.09	0.71	0.71		0.82	0.31	0.25	0.91	-0.35	0.25	-0.39	0.47	0.5	0.52	0.48	-0.52	0.48	0.85	0.89	-0.58
Short Term Debt	0.48	0.21	0.74	0.38	0.69	-0.28	0.49	0.59	0.82		0.28	0.3	0.88	-0.48	0.22	-0.36	0.42	0.23	0.78	0.76	-0.75	0.71	0.7	0.71	-0.7
Common Stock	0.74	0.77	0.33	0.12	0.64	0.66	0.65	0.66	0.31	0.28		0.37	0.01	0.63	0.83	-0.76	0.58	-0.01	0.14	0.18	-0.09	0.09	-0.01	-0.01	0.0
Long Term Debt	0.65	0.5	0.01	0.85	0.24	0.17	0.17	0.69	0.25	0.3	0.37		0.18	0.31	0.69	-0.83	0.02	-0.38	0.26	0.05	-0.13	0.2	-0.09	0.05	0.15
Short Term Investments	0.38	0.17	0.76	0.19	0.68	-0.39	0.44	0.48	0.91	0.88	0.01	0.18		-0.66	0.0	-0.2	0.24	0.43	0.66	0.53	-0.72	0.67	0.91	0.89	-0.73
Intangible Assets	0.37	0.56	-0.3	0.02	-0.03	0.85	0.21	0.23	-0.35	-0.48	0.63	0.31	-0.66		0.67	-0.52	0.18	-0.27	-0.55	-0.45	0.6	-0.56	-0.62	-0.6	0.58
Property Plant Equipment	0.84	0.88	0.21	0.37	0.56	0.7	0.54	0.74	0.25	0.22	0.83	0.69	0.0	0.67		-0.9	0.43	-0.04	0.01	0.01	0.01	0.02	-0.12	-0.11	0.11
Treasury Stock	-0.85	-0.79	-0.25	-0.58	-0.57	-0.51	-0.51	-0.81	-0.39	-0.36	-0.76	-0.83	-0.2	-0.52	-0.9		-0.25	0.17	-0.21	-0.02	0.18	-0.22	-0.04	-0.08	-0.05
Good Will	0.58	0.51	0.54	-0.13	0.54	0.25	0.73	0.57	0.47	0.42	0.58	0.02	0.24	0.18	0.43	-0.25		0.46	0.17	0.54	-0.03	0.06	0.26	0.32	-0.14
Net Tangible Assets	0.26	0.34	0.52	-0.49	0.49	0.01	0.62	0.2	0.5	0.23	-0.01	-0.38	0.43	-0.27	-0.04	0.17	0.46		-0.02	0.26	-0.06	0.09	0.58	0.58	-0.23
Long Term Investments	0.24	-0.07	0.41	0.49	0.38	-0.58	0.18	0.41	0.52	0.78	0.14	0.26	0.66	-0.55	0.01	-0.21	0.17	-0.02		0.76	-0.89	0.92	0.49	0.59	-0.41
Short Long Term Debt	0.26	-0.01	0.47	0.27	0.35	-0.41	0.38	0.4	0.48	0.76	0.18	0.05	0.53	-0.45	0.01	-0.02	0.54	0.26	0.76		-0.53	0.58	0.4	0.54	-0.33
Long Term Debt Total	-0.14	0.06	-0.44	-0.32	-0.5	0.47	-0.12	-0.24	-0.52	-0.75	-0.09	-0.13	-0.72	0.6	0.01	0.18	-0.03	-0.06	-0.89	-0.53		-0.96	-0.61	-0.53	0.63
Capital Surpluse	0.22	-0.01	0.39	0.43	0.45	-0.52	0.16	0.33	0.48	0.71	0.09	0.2	0.67	-0.56	0.02	-0.22	0.06	0.09	0.92	0.58	-0.96		0.54	0.55	-0.43
Net Invested Capital	0.28	0.16	0.7	-0.12	0.7	-0.31	0.44	0.33	0.85	0.7	-0.01	-0.09	0.91	-0.62	-0.12	-0.04	0.26	0.58	0.49	0.4	-0.61	0.54		0.88	-0.7
Net Working Capital	0.42	0.18	0.75	0.04	0.58	-0.44	0.54	0.52	0.89	0.71	-0.01	0.05	0.89	-0.6	-0.11	-0.08	0.32	0.58	0.59	0.54	-0.53	0.55	0.88		-0.45
Capital Stock	0.03	0.09	-0.57	0.13	-0.55	0.21	-0.13	0.0	-0.58	-0.7	0.0	0.15	-0.73	0.58	0.11	-0.05	-0.14	-0.23	-0.41	-0.33	0.63	-0.43	-0.7	-0.45

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Equinor ASA

Return On Equity Over Time

Equinor Total Stockholder Equity

Total Stockholder Equity

34.51 Billion

At this time, Equinor ASA's Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, Equinor ASA ADR has a Return On Equity of 0.2027. This is 110.24% lower than that of the Oil, Gas & Consumable Fuels sector and 94.89% lower than that of the Energy industry. The return on equity for all United States stocks is 165.39% lower than that of the firm.

Equinor Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equinor ASA's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equinor ASA could also be used in its relative valuation, which is a method of valuing Equinor ASA by comparing valuation metrics of similar companies.

Equinor ASA is currently under evaluation in return on equity category among its peers.

Equinor ASA ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Equinor ASA's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equinor ASA's managers, analysts, and investors.

Environmental

Governance

Social

Equinor Fundamentals

	Return On Equity	0.2
	Return On Asset	0.14
	Profit Margin	0.09 %
	Operating Margin	0.27 %
	Current Valuation	68.04 B
	Shares Outstanding	2.74 B
	Shares Owned By Institutions	6.06 %
	Number Of Shares Shorted	10.76 M
	Price To Earning	4.99 X
	Price To Book	1.52 X
	Price To Sales	0.64 X
	Revenue	106.85 B
	Gross Profit	85.59 B
	EBITDA	50.18 B
	Net Income	11.88 B
	Cash And Equivalents	44.34 B
	Cash Per Share	14.09 X
	Total Debt	31.8 B
	Debt To Equity	0.75 %
	Current Ratio	1.65 X
	Book Value Per Share	16.07 X
	Cash Flow From Operations	24.7 B
	Short Ratio	2.79 X
	Earnings Per Share	3.27 X
	Price To Earnings To Growth	3.57 X
	Target Price	28.33
	Number Of Employees	23.45 K
	Beta	0.27
	Market Capitalization	67.57 B
	Total Asset	143.58 B
	Retained Earnings	56.52 B
	Working Capital	25.86 B
	Current Asset	27.95 B
	Current Liabilities	19.14 B
	Annual Yield	0.05 %
	Five Year Return	3.93 %
	Net Asset	143.58 B
	Last Dividend Paid	1.4

About Equinor ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Equinor ASA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equinor ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equinor ASA ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

0.75	E	Eni SpA ADR	Pair Corr
0.84	BP	BP PLC ADR	Pair Corr
0.85	EC	Ecopetrol SA ADR	Pair Corr

Moving against Equinor Stock

0.61	LB	LandBridge Company Downward Rally	Pair Corr
0.5	TGS	Transportadora de Gas	Pair Corr
0.47	EE	Excelerate Energy	Pair Corr
0.46	YPF	YPF Sociedad Anonima	Pair Corr
0.39	AE	Adams Resources Energy	Pair Corr

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 Correlation Correlation 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.

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