Equinor Historical Financial Ratios
| EQNR Stock | USD 24.37 0.47 1.97% |
Equinor ASA is recently reporting on over 96 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 3.8 or Days Sales Outstanding of 56.47 will help investors to properly organize and evaluate Equinor ASA ADR financial condition quickly.
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About Equinor Financial Ratios Analysis
Equinor ASA ADRFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Equinor ASA investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Equinor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Equinor ASA history.
Equinor ASA Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Equinor ASA ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Equinor ASA sales, a figure that is much harder to manipulate than other Equinor ASA ADR multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Equinor ASA ADR dividend as a percentage of Equinor ASA stock price. Equinor ASA ADR dividend yield is a measure of Equinor ASA stock productivity, which can be interpreted as interest rate earned on an Equinor ASA investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most ratios from Equinor ASA's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Equinor ASA ADR current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Equinor ASA's EV To Sales is relatively stable compared to the past year. As of 11/29/2024, Free Cash Flow Per Share is likely to grow to 4.91, while Average Payables is likely to drop slightly above 5.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.021 | 0.0473 | 0.11 | 0.12 | Price To Sales Ratio | 0.96 | 0.76 | 0.89 | 1.32 |
Equinor ASA fundamentals Correlations
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Equinor ASA Account Relationship Matchups
High Positive Relationship
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Equinor ASA fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.05 | 1.17 | 0.96 | 0.76 | 0.89 | 1.32 | |
| Dividend Yield | 0.0505 | 0.0434 | 0.021 | 0.0473 | 0.11 | 0.12 | |
| Ptb Ratio | 1.61 | 1.58 | 2.19 | 2.11 | 1.97 | 3.8 | |
| Days Sales Outstanding | 47.77 | 65.67 | 57.59 | 39.33 | 57.84 | 56.47 | |
| Book Value Per Share | 12.37 | 10.37 | 12.03 | 17.01 | 16.05 | 16.86 | |
| Free Cash Flow Yield | 0.0535 | 0.0356 | 0.24 | 0.23 | 0.15 | 0.16 | |
| Operating Cash Flow Per Share | 4.13 | 3.18 | 8.88 | 11.07 | 8.18 | 8.59 | |
| Capex To Depreciation | 0.77 | 0.56 | 0.69 | 1.37 | 0.95 | 0.9 | |
| Pb Ratio | 1.61 | 1.58 | 2.19 | 2.11 | 1.97 | 3.8 | |
| Ev To Sales | 1.57 | 1.13 | 1.43 | 1.24 | 0.87 | 1.1 | |
| Free Cash Flow Per Share | 1.07 | 0.58 | 6.4 | 8.31 | 4.68 | 4.91 | |
| Roic | 0.12 | 0.0281 | (0.0547) | 0.13 | 0.35 | 0.15 | |
| Inventory Turnover | 12.71 | 11.74 | 13.81 | 11.57 | 15.42 | 19.56 | |
| Net Income Per Share | 0.55 | (1.68) | 2.64 | 9.06 | 3.93 | 4.13 | |
| Days Of Inventory On Hand | 28.72 | 31.08 | 26.43 | 31.56 | 23.67 | 18.34 | |
| Payables Turnover | 14.03 | 13.18 | 7.5 | 9.7 | 4.95 | 7.31 | |
| Research And Ddevelopement To Revenue | 0.004769 | 0.005552 | 0.003279 | 0.002067 | 0.002911 | 0.002765 | |
| Cash Per Share | 3.79 | 5.7 | 10.26 | 14.32 | 12.86 | 13.51 | |
| Pocfratio | 4.82 | 5.17 | 2.97 | 3.23 | 3.87 | 3.68 | |
| Interest Coverage | 6.41 | (2.06) | 43.78 | 57.15 | 31.88 | 28.09 | |
| Payout Ratio | 1.81 | (0.42) | 0.21 | 0.19 | 0.92 | 1.41 | |
| Capex To Operating Cash Flow | 0.74 | 0.82 | 0.28 | 0.25 | 0.43 | 0.41 | |
| Pfcf Ratio | 18.68 | 28.1 | 4.11 | 4.31 | 6.77 | 6.43 | |
| Days Payables Outstanding | 26.02 | 27.69 | 48.65 | 37.64 | 73.67 | 54.37 | |
| Income Quality | 1.48 | (2.44) | 0.91 | 0.45 | 2.08 | 3.38 | |
| Roe | 0.18 | 0.0448 | (0.16) | 0.53 | 0.25 | 0.19 | |
| Ev To Operating Cash Flow | 6.55 | 8.19 | 3.81 | 3.71 | 4.77 | 9.49 | |
| Pe Ratio | 35.93 | (9.77) | 9.98 | 3.95 | 8.04 | 7.64 | |
| Return On Tangible Assets | 0.0172 | (0.0483) | 0.0609 | 0.19 | 0.0842 | 0.0674 | |
| Ev To Free Cash Flow | 25.41 | 44.52 | 5.28 | 4.94 | 8.33 | 7.92 | |
| Earnings Yield | 0.0278 | (0.1) | 0.1 | 0.25 | 0.12 | 0.13 | |
| Intangibles To Total Assets | 0.091 | 0.0668 | 0.0439 | 0.0326 | 0.0174 | 0.0166 | |
| Net Debt To E B I T D A | 1.17 | 4.75 | 0.56 | 0.19 | 0.44 | 0.63 | |
| Current Ratio | 1.27 | 1.62 | 1.6 | 1.78 | 1.71 | 1.0 | |
| Tangible Book Value Per Share | 9.15 | 7.88 | 10.04 | 15.38 | 15.23 | 15.99 | |
| Receivables Turnover | 7.64 | 5.56 | 6.34 | 9.28 | 6.31 | 6.0 | |
| Graham Number | 12.42 | 19.8 | 26.72 | 58.87 | 37.69 | 39.58 |
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
Moving against Equinor Stock
| 0.55 | LB | LandBridge Company | PairCorr |
| 0.41 | TGS | Transportadora de Gas | PairCorr |
| 0.4 | EE | Excelerate Energy | PairCorr |
| 0.39 | EP | Empire Petroleum Corp | PairCorr |
| 0.35 | CGBS | Crown LNG Holdings | PairCorr |
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.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.