Equinor Invested Capital Average vs Market Capitalization Analysis

EQNR Stock  USD 26.90  0.27  1.01%   
Trend analysis of Equinor ASA ADR balance sheet accounts such as Other Current Liabilities of 2.4 B or Total Current Liabilities of 21.1 B provides information on Equinor ASA's total assets, liabilities, and equity, which is the actual value of Equinor ASA ADR to its prevalent stockholders. By breaking down trends over time using Equinor ASA balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Equinor Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Equinor ASA ADR at a specified time, usually calculated after every quarter, six months, or one year. Equinor ASA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Equinor ASA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Equinor currently owns. An asset can also be divided into two categories, current and non-current.

Equinor ASA Balance Sheet Chart

Equinor ASA Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Equinor ASA ADR uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Equinor ASA's Short Term Debt is relatively stable compared to the past year. As of 03/28/2024, Common Stock is likely to grow to about 1.2 B, while Short and Long Term Debt Total is likely to drop slightly above 21.4 B.

Total Assets

Total assets refers to the total amount of Equinor ASA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Equinor ASA ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Equinor ASA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Equinor ASA ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Equinor ASA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of 03/28/2024, Enterprise Value Multiple is likely to grow to 5.05, while Selling General Administrative is likely to drop slightly above 885.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit41.9B88.8B36.7B31.6B
Total Revenue88.7B149.0B106.8B76.5B

Equinor ASA fundamental ratios Correlations

0.740.340.860.910.820.540.350.730.750.850.520.790.760.90.860.380.470.970.660.480.740.570.560.830.49
0.740.20.50.510.620.20.850.340.350.630.10.360.730.920.450.390.460.810.440.480.360.460.60.50.2
0.340.20.590.21-0.140.38-0.080.390.11-0.08-0.150.620.040.170.390.57-0.340.390.650.32-0.020.620.340.520.4
0.860.50.590.690.430.80.080.730.540.50.340.970.430.650.80.650.080.880.850.60.530.740.570.820.71
0.910.510.210.690.870.380.090.720.890.890.670.660.690.720.860.050.480.780.470.210.770.390.320.810.35
0.820.62-0.140.430.870.150.370.50.790.990.690.360.840.810.69-0.050.780.710.20.150.830.130.280.560.13
0.540.20.380.80.380.15-0.120.720.180.20.210.770.280.350.470.65-0.150.590.880.740.330.820.660.570.79
0.350.85-0.080.080.090.37-0.120.00.030.36-0.18-0.040.570.690.070.20.470.470.090.380.120.150.48-0.02-0.1
0.730.340.390.730.720.50.720.00.610.540.40.710.610.520.720.190.130.670.810.690.640.790.740.630.71
0.750.350.110.540.890.790.180.030.610.820.780.560.560.560.87-0.160.40.60.30.120.760.20.140.60.35
0.850.63-0.080.50.890.990.20.360.540.820.710.440.840.830.740.00.760.760.250.20.860.180.320.590.19
0.520.1-0.150.340.670.690.21-0.180.40.780.710.330.430.360.63-0.120.350.390.140.030.690.04-0.020.470.35
0.790.360.620.970.660.360.77-0.040.710.560.440.330.360.540.810.610.040.80.820.520.520.690.480.760.69
0.760.730.040.430.690.840.280.570.610.560.840.430.360.840.570.170.730.730.410.450.750.380.640.410.19
0.90.920.170.650.720.810.350.690.520.560.830.360.540.840.650.380.620.940.50.50.650.460.610.620.32
0.860.450.390.80.860.690.470.070.720.870.740.630.810.570.650.260.350.790.570.350.790.440.350.720.48
0.380.390.570.650.05-0.050.650.20.19-0.160.0-0.120.610.170.380.26-0.060.540.640.50.080.550.430.420.42
0.470.46-0.340.080.480.78-0.150.470.130.40.760.350.040.730.620.35-0.060.43-0.18-0.060.74-0.260.120.08-0.3
0.970.810.390.880.780.710.590.470.670.60.760.390.80.730.940.790.540.430.710.590.660.630.650.770.53
0.660.440.650.850.470.20.880.090.810.30.250.140.820.410.50.570.64-0.180.710.820.310.970.790.680.83
0.480.480.320.60.210.150.740.380.690.120.20.030.520.450.50.350.5-0.060.590.820.280.830.920.280.79
0.740.36-0.020.530.770.830.330.120.640.760.860.690.520.750.650.790.080.740.660.310.280.170.340.460.3
0.570.460.620.740.390.130.820.150.790.20.180.040.690.380.460.440.55-0.260.630.970.830.170.830.620.8
0.560.60.340.570.320.280.660.480.740.140.32-0.020.480.640.610.350.430.120.650.790.920.340.830.320.62
0.830.50.520.820.810.560.57-0.020.630.60.590.470.760.410.620.720.420.080.770.680.280.460.620.320.54
0.490.20.40.710.350.130.79-0.10.710.350.190.350.690.190.320.480.42-0.30.530.830.790.30.80.620.54
Click cells to compare fundamentals

Equinor ASA Account Relationship Matchups

Equinor ASA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets118.1B122.0B147.1B158.0B143.6B98.9B
Short Long Term Debt Total29.0B38.1B36.2B32.2B31.8B21.4B
Other Current Liab462M2.0B4.7B24.8B1.6B2.4B
Total Current Liabilities19.6B19.8B39.1B43.8B35.7B21.1B
Total Stockholder Equity41.1B33.9B39.0B54.0B48.5B34.5B
Property Plant And Equipment Net70.0B65.7B62.1B56.5B58.8B53.2B
Current Deferred Revenue4.6B1.5B21.8B15.0B17.2B18.1B
Net Debt23.9B31.4B24.2B16.6B22.2B14.6B
Retained Earnings37.5B30.1B36.7B58.2B56.5B59.3B
Accounts Payable10.5B10.5B6.2B13.4B11.9B9.2B
Non Current Assets Total93.3B89.8B84.6B79.9B82.6B70.5B
Non Currrent Assets Other3.7B4.6B3.8B4.0B3.6B5.2B
Net Receivables8.2B8.2B17.9B22.5B16.9B10.6B
Common Stock Shares Outstanding3.3B3.3B3.3B3.2B3.0B3.3B
Liabilities And Stockholders Equity118.1B122.0B147.1B158.0B143.6B98.9B
Non Current Liabilities Total57.3B68.3B69.0B60.2B59.4B43.0B
Inventory3.4B3.1B3.4B5.2B3.8B2.9B
Other Current Assets578M2.2B7.9B5.1B1.4B2.0B
Other Stockholder Equity7.7B6.9B6.4B3.0B3.5B3.3B
Total Liab76.9B88.1B108.1B104.0B95.1B64.1B
Total Current Assets24.8B32.2B62.5B78.2B61.0B64.0B
Short Term Debt4.1B5.8B6.4B5.6B7.3B7.6B
Cash And Short Term Investments12.6B18.6B33.3B45.5B38.9B40.8B
Other Liab29.7B32.4B35.9B39.1B45.0B47.2B
Cash5.2B6.8B12.0B15.6B9.6B6.4B
Long Term Debt24.9B32.3B27.4B24.1B22.2B18.8B
Short Term Investments7.4B11.9B21.2B29.9B29.2B30.7B
Accumulated Other Comprehensive Income(5.3B)(4.2B)(5.2B)(8.4B)(9.1B)(8.7B)
Intangible Assets9.3B6.7B5.0B3.8B5.7B6.8B
Property Plant Equipment70.0B65.7B62.1B56.5B65.0B56.0B
Property Plant And Equipment Gross70.0B65.7B212.2B199.6B202.2B212.3B
Good Will1.5B1.5B1.5B1.4B1.7B1.1B
Net Tangible Assets30.4B25.7B32.6B48.8B56.2B36.5B
Long Term Investments5.0B6.3B6.0B5.5B5.9B5.6B
Short Long Term Debt4.1B5.8B5.3B4.4B6.0B4.4B

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

  0.87E Eni SpA ADR Financial Report 26th of April 2024 PairCorr

Moving against Equinor Stock

  0.88NS NuStar Energy LP Financial Report 2nd of May 2024 PairCorr
  0.68ET Energy Transfer LP Financial Report 7th of May 2024 PairCorr
  0.55PR Permian Resources Financial Report 13th of May 2024 PairCorr
  0.54HP Helmerich And Payne Financial Report 24th of April 2024 PairCorr
  0.51IMO Imperial Oil Financial Report 26th of April 2024 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.
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 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Fundamental Analysis
View fundamental data based on most recent published financial statements
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
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.