Equinor ASA (EQNR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 45.91B | 38.03B | 41.45B | 45.15B | 54.57B | 53.19B | 50.54B | 52.58B | 57.76B | 60.99B | 61.97B | 60.76B | 74.86B | 77.15B | 79.93B | 77.89B | 75.58B | 61.83B | 50.35B | 39.38B |
| Cash & Short-Term Investments | 20.1B | 19.33B | 22.39B | 23.8B | 24.85B | 23.45B | 28.91B | 30.7B | 35.77B | 38.87B | 37.93B | 42.56B | 52.49B | 45.45B | 44.34B | 45.69B | 44.57B | 35.37B | 28.85B | 25.06B |
| Cash Only | 5.88B | 5.04B | 8.11B | 9.47B | 7.37B | 8.12B | 6.2B | 7.34B | 8.24B | 5.74B | 12.64B | 19.65B | 17.91B | 11.47B | 23.35B | 20.58B | 20.88B | 14.13B | 13.81B | 9.91B |
| Short-Term Investments | 14.21B | 14.3B | 14.28B | 14.33B | 17.48B | 15.34B | 22.71B | 23.36B | 27.53B | 33.12B | 25.29B | 22.91B | 34.58B | 33.99B | 21B | 25.11B | 23.69B | 21.25B | 15.03B | 15.15B |
| Accounts Receivable | 17.91B | 10.82B | 10.37B | 11.57B | 18.38B | 17.46B | 14.21B | 15.1B | 14.69B | 16.93B | 15.05B | 12.34B | 16.23B | 22.45B | 21.2B | 17.74B | 19.94B | 17.93B | 11.7B | 8.56B |
| Days Sales Outstanding | 46.47 | 38.99 | 38.36 | 54.21 | 54.87 | 54.9 | 53.04 | 53.22 | 57.34 | 51.01 | 48.61 | 56.84 | 59.59 | 59.34 | 41.93 | 47.12 | 47.27 | 42.42 | 40.32 | 45.18 |
| Inventory | 4.24B | 3.33B | 3.74B | 3.83B | 3.21B | 4.03B | 3.26B | 3.19B | 3.53B | 3.81B | 4.83B | 3.79B | 3.19B | 5.21B | 6.39B | 5.26B | 3.5B | 3.4B | 2.99B | 2.55B |
| Days Inventory Outstanding | 22 | 17.37 | 20 | 19.82 | 18.35 | 21.37 | 19.23 | 21.1 | 23.43 | 23.93 | 25.36 | 24.22 | 28.13 | 38.01 | 36.61 | 24.93 | 19.99 | 18.01 | 23 | 26.15 |
| Other Current Assets | 3.66B | 4.55B | 4.96B | 5.95B | 8.13B | 8.25B | 4.16B | 3.6B | 3.77B | 1.38B | 4.15B | 2.07B | 2.94B | 4.04B | 7.99B | 9.21B | 7.56B | 5.13B | 6.81B | 3.2B |
| Total Non-Current Assets | 95.25B | 93.69B | 94.4B | 93.94B | 83.33B | 77.95B | 84.58B | 81.56B | 79.44B | 82.59B | 77.46B | 79.31B | 77.63B | 80.87B | 72.65B | 74.07B | 83.34B | 85.29B | 86.42B | 87.88B |
| Property, Plant & Equipment | 62.94B | 61.24B | 59.96B | 58.53B | 59.79B | 55.56B | 60.73B | 58.54B | 57.38B | 58.82B | 55.93B | 57.15B | 55.16B | 56.5B | 52.47B | 54.79B | 62.48B | 62.08B | 64.06B | 65.37B |
| Fixed Asset Turnover | 0.45x | 0.42x | 0.44x | 0.42x | 0.51x | 0.46x | 0.43x | 0.44x | 0.43x | 0.50x | 0.46x | 0.41x | 0.52x | 0.62x | 0.80x | 0.62x | 0.58x | 0.51x | 0.36x | 0.27x |
| Goodwill | 5.97B | 5.95B | 0 | 0 | 0 | 1.44B | 0 | 0 | 0 | 1.73B | 0 | 0 | 0 | 1.38B | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 6.42B | 6.37B | 6.22B | 4.21B | 6.33B | 6.25B | 5.65B | 770M | 5.73B | 5.67B | 5.54B | 144M | 5.11B | 5.31B | 5.72B | 6.45B | 6.76B | 6.83B |
| Long-Term Investments | 15.81B | 16.36B | 8.6B | 9.51B | 8.47B | 8.09B | 6.25B | 5.99B | 5.7B | 6.89B | 5.42B | 5.52B | 5.94B | 7.91B | 5.04B | 4.45B | 5.01B | 7.3B | 5.92B | 6.27B |
| Other Non-Current Assets | 4.85B | 5.09B | 14.38B | 14.24B | 3.75B | 3.74B | 3.86B | 3.51B | 3.07B | 6.44B | 2.75B | 2.62B | 2.58B | 6.21B | 3.9B | 3.05B | 3.04B | 3.21B | 4.18B | 4.18B |
| Total Assets | 141.15B | 131.73B | 135.85B | 139.09B | 137.9B | 131.14B | 135.12B | 134.14B | 137.2B | 143.58B | 139.43B | 140.06B | 152.49B | 158.02B | 152.58B | 151.97B | 158.92B | 147.12B | 136.77B | 127.26B |
| Asset Turnover | 0.20x | 0.19x | 0.19x | 0.18x | 0.22x | 0.20x | 0.19x | 0.19x | 0.18x | 0.20x | 0.19x | 0.16x | 0.19x | 0.22x | 0.28x | 0.23x | 0.24x | 0.23x | 0.18x | 0.14x |
| Asset Growth % | 2.36% | 0.45% | 0.54% | 3.69% | 0.51% | -8.66% | -3.09% | -4.22% | -10.03% | -9.14% | -8.62% | -7.84% | -4.04% | 7.41% | 11.55% | 19.41% | 30.01% | 17.88% | 19.52% | 10.87% |
| Total Current Liabilities | 37.05B | 30.6B | 33.72B | 36.82B | 35.54B | 36.05B | 33.88B | 34.22B | 30.64B | 35.72B | 34.62B | 33.2B | 38.49B | 43.54B | 48.26B | 49.03B | 49.66B | 39.01B | 30.27B | 23.1B |
| Accounts Payable | 11.37B | 9.7B | 10.43B | 10.42B | 10.41B | 11.11B | 9.16B | 9.17B | 8.98B | 11.87B | 11.57B | 9.95B | 10.41B | 13.35B | 12.59B | 10.98B | 14.37B | 14.31B | 11.16B | 10.02B |
| Days Payables Outstanding | 61.25 | 49.49 | 55.1 | 58.63 | 54.54 | 59.42 | 54.69 | 57 | 66.5 | 64.86 | 63.32 | 70.67 | 79.59 | 85.01 | 74.07 | 72.15 | 83.13 | 71.78 | 87.88 | 98.63 |
| Short-Term Debt | 5.54B | 5.24B | 4.76B | 8.64B | 5.78B | 7.22B | 5.9B | 8.18B | 3.37B | 7.28B | 3.98B | 4.7B | 5B | 5.62B | 6.24B | 5.78B | 5.48B | 6.39B | 2.96B | 3.46B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.76B | 4.67B | 4.75B | 4.7B | 4.14B | 5.11B | 4.05B | 3.7B | 4.41B | 4.27B | 1.43B | 2.2B | 2.88B | 6.91B | 11.06B | 31.13B | 28.64B | 5.19B | 6.14B | 2.86B |
| Current Ratio | 1.24x | 1.24x | 1.23x | 1.23x | 1.54x | 1.48x | 1.49x | 1.54x | 1.88x | 1.71x | 1.79x | 1.83x | 1.95x | 1.77x | 1.66x | 1.59x | 1.52x | 1.59x | 1.66x | 1.70x |
| Quick Ratio | 1.12x | 1.13x | 1.12x | 1.12x | 1.45x | 1.36x | 1.40x | 1.44x | 1.77x | 1.60x | 1.65x | 1.72x | 1.86x | 1.65x | 1.52x | 1.48x | 1.45x | 1.50x | 1.56x | 1.59x |
| Cash Conversion Cycle | 7.23 | 6.87 | 3.25 | 15.4 | 18.69 | 16.84 | 17.58 | 17.33 | 14.27 | 10.08 | 10.64 | 10.38 | 8.13 | 12.35 | 4.47 | -0.11 | -15.87 | -11.36 | -24.56 | -27.3 |
| Total Non-Current Liabilities | 60.46B | 60.63B | 61.53B | 60.3B | 56.49B | 52.71B | 56.85B | 56.22B | 56.48B | 59.36B | 56.07B | 57.13B | 56.84B | 60.49B | 61.6B | 61.71B | 66.01B | 69.09B | 69.47B | 67.12B |
| Long-Term Debt | 22.16B | 25.98B | 22.9B | 22.36B | 20.5B | 19.36B | 20.2B | 20.7B | 22.04B | 22.23B | 22.2B | 22.42B | 22.4B | 24.14B | 23.5B | 24.06B | 24.98B | 27.4B | 27.83B | 28.11B |
| Capital Lease Obligations | 2.77B | 2.22B | 2.17B | 2.15B | 2.24B | 2.26B | 2.23B | 2.41B | 2.21B | 2.29B | 2.28B | 2.28B | 2.46B | 2.41B | 2.29B | 2.32B | 2.51B | 2.45B | 2.63B | 2.8B |
| Deferred Tax Liabilities | 15.04B | 14.52B | 15B | 14.91B | 14.04B | 0 | 13.78B | 13.26B | 12.91B | 13.35B | 12.56B | 12.94B | 11.93B | 12B | 13.41B | 13.39B | 14.42B | 14.04B | 15B | 12.31B |
| Other Non-Current Liabilities | 20.49B | 17.9B | 21.46B | 20.88B | 19.71B | 31.09B | 20.65B | 19.84B | 19.31B | 21.5B | 19.03B | 19.48B | 20.05B | 21.95B | 22.4B | 21.94B | 24.09B | 25.2B | 24B | 23.91B |
| Total Liabilities | 97.51B | 91.23B | 95.25B | 97.12B | 92.03B | 88.76B | 90.73B | 90.44B | 87.12B | 95.08B | 90.7B | 90.33B | 95.32B | 104.03B | 109.86B | 110.74B | 115.67B | 108.1B | 99.74B | 90.22B |
| Total Debt | 31.86B | 33.44B | 30.95B | 34.35B | 29.77B | 30.09B | 29.6B | 32.6B | 28.91B | 31.8B | 29.77B | 30.59B | 31.13B | 32.17B | 32.03B | 33.29B | 34.14B | 36.24B | 34.55B | 35.48B |
| Net Debt | 25.97B | 28.41B | 22.84B | 24.87B | 22.4B | 21.97B | 23.39B | 25.26B | 20.67B | 26.05B | 17.13B | 10.95B | 13.22B | 20.7B | 8.68B | 12.71B | 13.26B | 22.11B | 20.73B | 25.57B |
| Debt / Equity | 0.73x | 0.83x | 0.76x | 0.82x | 0.65x | 0.71x | 0.67x | 0.75x | 0.58x | 0.66x | 0.61x | 0.62x | 0.54x | 0.60x | 0.75x | 0.81x | 0.79x | 0.93x | 0.93x | 0.96x |
| Debt / EBITDA | 2.81x | 3.84x | 3.58x | 3.75x | 2.66x | 2.61x | 3.21x | 3.26x | 2.87x | 2.75x | 2.74x | 3.37x | 2.10x | 1.81x | 1.18x | 1.68x | 1.67x | 1.97x | 2.98x | 4.79x |
| Net Debt / EBITDA | 2.29x | 3.26x | 2.64x | 2.72x | 2.00x | 1.90x | 2.53x | 2.53x | 2.06x | 2.25x | 1.58x | 1.21x | 0.89x | 1.17x | 0.32x | 0.64x | 0.65x | 1.20x | 1.79x | 3.45x |
| Interest Coverage | 23.50x | 15.20x | 13.75x | 17.41x | 28.36x | - | 20.65x | 20.11x | 20.23x | 24.91x | 19.12x | 18.64x | 30.60x | - | 81.82x | 61.42x | 65.75x | 44.93x | 30.22x | 17.13x |
| Total Equity | 43.64B | 40.5B | 40.59B | 41.97B | 45.86B | 42.38B | 44.38B | 43.7B | 50.08B | 48.5B | 48.73B | 49.73B | 57.17B | 53.99B | 42.71B | 41.21B | 43.23B | 39.02B | 37.03B | 37.04B |
| Equity Growth % | -4.84% | -4.44% | -8.55% | -3.95% | -8.42% | -12.62% | -8.92% | -12.13% | -12.4% | -10.17% | 14.09% | 20.68% | 32.23% | 38.35% | 15.34% | 11.25% | 20.83% | 15.14% | 8.58% | 4.02% |
| Book Value per Share | 17.44 | 16.08 | 15.44 | 15.97 | 16.22 | 15.43 | 16.04 | 15.30 | 17.02 | 16.38 | 16.36 | 16.31 | 18.30 | 17.19 | 13.53 | 12.89 | 13.36 | 12.01 | 11.38 | 11.37 |
| Total Shareholders' Equity | 43.57B | 40.42B | 40.52B | 41.92B | 45.82B | 42.34B | 44.35B | 43.67B | 50.07B | 48.49B | 48.72B | 49.72B | 57.16B | 53.99B | 42.71B | 41.21B | 43.23B | 39.01B | 37.02B | 37.02B |
| Common Stock | 995M | 995.01M | 994.98M | 1.05B | 1.05B | 1.05B | 1.05B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.14B | 1.14B | 1.14B | 1.14B | 1.16B | 1.16B | 1.16B | 1.16B |
| Retained Earnings | 50.99B | 48.03B | 47.94B | 49.22B | 54.55B | 52.41B | 52.44B | 52.63B | 59.19B | 56.52B | 59.85B | 60B | 63.24B | 58.24B | 50.89B | 45.3B | 41.07B | 36.68B | 33.98B | 33.14B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -8.42B | -8.6B | -8.41B | -8.35B | -9.78B | -11.12B | -9.14B | -10.06B | -10.22B | -9.13B | -10.18B | -9.88B | -9.92B | -8.43B | -12.97B | -9.48B | -5.07B | -5.25B | -4.87B | -4.12B |
| Minority Interest | 71M | 74M | 67M | 51M | 44M | 38M | 33M | 29M | 14M | 10M | 15M | 11M | 5M | 1M | 8M | 1M | 1M | 14M | 16M | 18M |