Equinor Cash vs Property Plant And Equipment Net Analysis

EQNR Stock  USD 28.67  0.34  1.20%   
Equinor ASA financial indicator trend analysis is much more than just examining Equinor ASA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equinor ASA ADR is a good investment. Please check the relationship between Equinor ASA Cash and its Property Plant And Equipment Net accounts. 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.

Cash vs Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinor ASA ADR Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equinor ASA's Cash and Property Plant And Equipment Net is 0.56. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Equinor ASA ADR, assuming nothing else is changed. The correlation between historical values of Equinor ASA's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Equinor ASA ADR are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Equinor ASA's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Equinor ASA ADR, which is listed under current asset account on Equinor ASA ADR balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Equinor ASA customers. The amounts must be unrestricted with restricted cash listed in a different Equinor ASA account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.
At this time, Equinor ASA's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/22/2024, 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

0.740.340.860.910.820.540.350.730.750.850.520.790.760.90.860.380.430.970.660.480.740.570.560.830.49
0.740.20.50.510.620.20.850.340.350.630.10.360.720.920.450.390.40.810.440.480.360.460.60.50.2
0.340.20.590.21-0.140.38-0.080.390.11-0.08-0.150.620.040.170.390.57-0.360.390.650.32-0.020.620.340.520.4
0.860.50.590.690.430.80.080.730.540.50.340.970.430.650.80.650.050.880.850.60.530.740.570.820.71
0.910.510.210.690.870.380.090.720.890.890.670.660.690.720.860.050.440.780.470.210.770.390.320.810.35
0.820.62-0.140.430.870.150.370.50.790.990.690.360.840.810.69-0.050.760.710.20.150.830.130.280.560.13
0.540.20.380.80.380.15-0.120.720.180.20.210.770.280.350.470.65-0.020.590.880.740.330.820.660.570.79
0.350.85-0.080.080.090.37-0.120.00.030.36-0.18-0.040.570.690.070.20.410.470.090.380.120.150.48-0.02-0.1
0.730.340.390.730.720.50.720.00.610.540.40.710.610.520.720.190.270.670.810.690.640.790.740.630.71
0.750.350.110.540.890.790.180.030.610.820.780.560.560.560.87-0.160.380.60.30.120.760.20.140.60.35
0.850.63-0.080.50.890.990.20.360.540.820.710.440.840.830.740.00.730.760.250.20.860.180.320.590.19
0.520.1-0.150.340.670.690.21-0.180.40.780.710.330.440.360.63-0.120.40.390.140.030.690.04-0.020.470.35
0.790.360.620.970.660.360.77-0.040.710.560.440.330.370.540.810.610.020.80.820.520.520.690.480.760.69
0.760.720.040.430.690.840.280.570.610.560.840.440.370.840.570.170.810.730.410.450.750.380.640.420.19
0.90.920.170.650.720.810.350.690.520.560.830.360.540.840.650.380.570.940.50.50.650.460.610.620.32
0.860.450.390.80.860.690.470.070.720.870.740.630.810.570.650.260.320.790.570.350.790.440.350.720.48
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
0.430.4-0.360.050.440.76-0.020.410.270.380.730.40.020.810.570.32-0.060.38-0.060.110.77-0.120.280.04-0.16
0.970.810.390.880.780.710.590.470.670.60.760.390.80.730.940.790.540.380.710.590.660.630.650.770.53
0.660.440.650.850.470.20.880.090.810.30.250.140.820.410.50.570.64-0.060.710.820.310.970.790.680.83
0.480.480.320.60.210.150.740.380.690.120.20.030.520.450.50.350.50.110.590.820.280.830.920.280.79
0.740.36-0.020.530.770.830.330.120.640.760.860.690.520.750.650.790.080.770.660.310.280.170.340.460.3
0.570.460.620.740.390.130.820.150.790.20.180.040.690.380.460.440.55-0.120.630.970.830.170.830.620.8
0.560.60.340.570.320.280.660.480.740.140.32-0.020.480.640.610.350.430.280.650.790.920.340.830.320.62
0.830.50.520.820.810.560.57-0.020.630.60.590.470.760.420.620.720.420.040.770.680.280.460.620.320.54
0.490.20.40.710.350.130.79-0.10.710.350.190.350.690.190.320.480.42-0.160.530.830.790.30.80.620.54
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 Equity7.7B6.9B6.4B3.0B3.5B6.3B
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

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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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
(0.43)
Dividend Share
1.3
Earnings Share
3.25
Revenue Per Share
17.259
Quarterly Revenue Growth
(0.14)
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.