Equinor Other Liab vs Non Currrent Assets Other 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 Other Liab and its Non Currrent Assets Other 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.

Other Liab vs Non Currrent Assets Other

Other Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinor ASA ADR Other Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Equinor ASA's Other Liab and Non Currrent Assets Other is -0.02. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Currrent Assets Other 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 Other Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Equinor ASA ADR are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Liab i.e., Equinor ASA's Other Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Stocks Directory module to find actively traded stocks across global markets.

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.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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.