Equinor Financial Statements From 2010 to 2024

EQNR Stock  USD 27.10  0.02  0.07%   
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
0.1112
Market Capitalization
79.8 B
Enterprise Value Revenue
0.7428
Revenue
106.8 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 04/25/2024, 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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.5 B, Interest Expense of 1.7 B or Total Revenue of 76.5 B, as well as many exotic 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.
  
This module can also supplement Equinor ASA's financial leverage analysis and stock options assessment as well as various Equinor ASA Technical models . 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
Other Current Liabilities2.4 B1.6 B2.8 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 Payable9.2 B11.9 B10.7 B
Very volatile
Non Current Assets Total70.5 B82.6 B83.6 B
Very volatile
Non Currrent Assets Other5.2 B3.6 B4.6 B
Slightly volatile
Net Receivables10.6 B16.9 B11.7 B
Slightly volatile
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 AssetsB1.4 BB
Slightly volatile
Other Stockholder Equity3.3 B3.5 B5.6 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 Assets6.8 B5.7 B8.4 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 Amortization8.5 B10.6 B10.5 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 B71.3 B58.7 B
Very volatile
Research Development326.5 M311 M349 M
Slightly volatile
EBITDA28.8 B46.1 B32.5 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 Flow12 B11.5 B8.1 B
Slightly volatile
Depreciation8.4 B10.6 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 Yield0.120.11410.0533
Slightly volatile
PTB Ratio3.81.97121.8475
Slightly volatile
Days Sales Outstanding57.9257.844355.472
Pretty Stable
Book Value Per Share16.8516.05113.5569
Pretty Stable
Invested Capital0.520.60850.7038
Very volatile
Operating Cash Flow Per Share8.598.17645.6939
Slightly volatile
Average Payables9.1 B10.3 B11.5 B
Very volatile
Stock Based Compensation To Revenue0.00.00.0
Very 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 Turnover6.255.90784.6912
Slightly volatile
Average Inventory2.1 B3.9 B3.9 B
Pretty Stable
Research And Ddevelopement To Revenue0.00280.00290.0062
Slightly volatile
Cash Per Share13.5112.86496.6024
Slightly volatile
POCF Ratio3.683.86974.6124
Slightly volatile
Days Payables Outstanding60.4161.783281.8941
Slightly volatile
EV To Operating Cash Flow9.494.76656.4839
Pretty Stable
Intangibles To Total Assets0.03780.03980.0728
Slightly volatile
Net Debt To EBITDA0.560.48080.9163
Very volatile
Current Ratio1.01.70751.4319
Slightly volatile
Tangible Book Value Per Share14.2713.591210.619
Slightly volatile
Receivables Turnover8.066.316.9245
Very volatile
Graham Number39.5837.693526.6587
Slightly volatile
Shareholders Equity Per Share16.8516.05113.5569
Pretty Stable
Debt To Equity0.520.60850.7038
Very volatile
Average Receivables11.7 B10.3 B10.3 B
Slightly volatile
Revenue Per Share37.1435.368426.1809
Slightly volatile
Interest Debt Per Share10.8310.31619.2749
Slightly volatile
Debt To Assets0.170.20550.2364
Very volatile
Enterprise Value Over EBITDA5.052.55523.6561
Very volatile
Short Term Coverage Ratios3.233.39534.4419
Pretty Stable
Operating Cycle60.3577.696180.3885
Very volatile
Price Book Value Ratio3.81.97121.8475
Slightly volatile
Days Of Payables Outstanding60.4161.783281.8941
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 Capitalization0.280.31430.3666
Very volatile
Total Debt To Capitalization0.30.37830.4012
Very volatile
Debt Equity Ratio0.520.60850.7038
Very volatile
Quick Ratio0.811.56211.2143
Slightly volatile
Cash Ratio0.210.26990.339
Pretty Stable
Operating Cash Flow Sales Ratio0.150.23120.208
Slightly volatile
Days Of Inventory Outstanding18.2219.851825.9692
Very volatile
Days Of Sales Outstanding57.9257.844355.472
Pretty Stable
Cash Flow Coverage Ratios0.890.83720.6365
Slightly volatile
Price To Book Ratio3.81.97121.8475
Slightly volatile
Fixed Asset Turnover1.691.81651.3151
Slightly volatile
Price Cash Flow Ratio3.683.86974.6124
Slightly volatile
Enterprise Value Multiple5.052.55523.6561
Very volatile
Debt Ratio0.170.20550.2364
Very volatile
Cash Flow To Debt Ratio0.890.83720.6365
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 Earnings9.058
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

There are typically three primary documents that fall into the category of financial statements. These documents include Equinor ASA income statement, its balance sheet, and the statement of cash flows. Equinor ASA investors use historical funamental indicators, such as Equinor ASA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Equinor ASA investors may use each financial statement separately, they are all related. The changes in Equinor ASA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equinor ASA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equinor ASA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equinor ASA. Please read more on our technical analysis and fundamental analysis pages.
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
Stock Based Compensation To Revenue 0.00000281  0.000002 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0  0 
Capex To Revenue(0.1)(0.10)
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 against Equinor Stock

  0.61NS NuStar Energy LP Earnings Call This WeekPairCorr
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
When determining whether Equinor ASA ADR is a strong investment it is important to analyze Equinor ASA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equinor ASA's future performance. For an informed investment choice regarding Equinor Stock, refer to the following important reports:
Check out the analysis of Equinor ASA Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary 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.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Global Correlations
Find global opportunities by holding instruments from different markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
1.25
Earnings Share
3.93
Revenue Per Share
17.684
Quarterly Revenue Growth
(0.15)
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.