Equinor Total Current Assets vs Non Currrent Assets Other Analysis
EQNR Stock | USD 28.57 0.10 0.35% |
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 Total Current Assets 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.
Total Current Assets vs Non Currrent Assets Other
Total Current Assets 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 Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Equinor ASA's Total Current Assets and Non Currrent Assets Other is 0.14. Overlapping area represents the amount of variation of Total Current Assets 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 Total Current Assets 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 Total Current Assets 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 Total Current Assets i.e., Equinor ASA's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Profit | 41.9B | 88.8B | 36.7B | 31.6B | Total Revenue | 88.7B | 149.0B | 106.8B | 76.5B |
Equinor ASA fundamental ratios Correlations
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Equinor ASA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equinor ASA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 118.1B | 122.0B | 147.1B | 158.0B | 143.6B | 98.9B | |
Short Long Term Debt Total | 29.0B | 38.1B | 36.2B | 32.2B | 31.8B | 21.4B | |
Other Current Liab | 462M | 2.0B | 4.7B | 24.8B | 1.6B | 2.4B | |
Total Current Liabilities | 19.6B | 19.8B | 39.1B | 43.8B | 35.7B | 21.1B | |
Total Stockholder Equity | 41.1B | 33.9B | 39.0B | 54.0B | 48.5B | 34.5B | |
Property Plant And Equipment Net | 70.0B | 65.7B | 62.1B | 56.5B | 58.8B | 53.2B | |
Current Deferred Revenue | 4.6B | 1.5B | 21.8B | 15.0B | 17.2B | 18.1B | |
Net Debt | 23.9B | 31.4B | 24.2B | 16.6B | 22.2B | 14.6B | |
Retained Earnings | 37.5B | 30.1B | 36.7B | 58.2B | 56.5B | 59.3B | |
Accounts Payable | 10.5B | 10.5B | 6.2B | 13.4B | 11.9B | 9.2B | |
Non Current Assets Total | 93.3B | 89.8B | 84.6B | 79.9B | 82.6B | 70.5B | |
Non Currrent Assets Other | 3.7B | 4.6B | 3.8B | 4.0B | 3.6B | 5.2B | |
Net Receivables | 8.2B | 8.2B | 17.9B | 22.5B | 16.9B | 10.6B | |
Common Stock Shares Outstanding | 3.3B | 3.3B | 3.3B | 3.2B | 3.0B | 3.3B | |
Liabilities And Stockholders Equity | 118.1B | 122.0B | 147.1B | 158.0B | 143.6B | 98.9B | |
Non Current Liabilities Total | 57.3B | 68.3B | 69.0B | 60.2B | 59.4B | 43.0B | |
Inventory | 3.4B | 3.1B | 3.4B | 5.2B | 3.8B | 2.9B | |
Other Current Assets | 578M | 2.2B | 7.9B | 5.1B | 1.4B | 2.0B | |
Other Stockholder Equity | 7.7B | 6.9B | 6.4B | 3.0B | 3.5B | 6.3B | |
Total Liab | 76.9B | 88.1B | 108.1B | 104.0B | 95.1B | 64.1B | |
Total Current Assets | 24.8B | 32.2B | 62.5B | 78.2B | 61.0B | 64.0B | |
Short Term Debt | 4.1B | 5.8B | 6.4B | 5.6B | 7.3B | 7.6B | |
Cash And Short Term Investments | 12.6B | 18.6B | 33.3B | 45.5B | 38.9B | 40.8B | |
Other Liab | 29.7B | 32.4B | 35.9B | 39.1B | 45.0B | 47.2B | |
Cash | 5.2B | 6.8B | 12.0B | 15.6B | 9.6B | 6.4B | |
Long Term Debt | 24.9B | 32.3B | 27.4B | 24.1B | 22.2B | 18.8B | |
Short Term Investments | 7.4B | 11.9B | 21.2B | 29.9B | 29.2B | 30.7B | |
Accumulated Other Comprehensive Income | (5.3B) | (4.2B) | (5.2B) | (8.4B) | (9.1B) | (8.7B) | |
Intangible Assets | 9.3B | 6.7B | 5.0B | 3.8B | 5.7B | 6.8B | |
Property Plant Equipment | 70.0B | 65.7B | 62.1B | 56.5B | 65.0B | 56.0B | |
Property Plant And Equipment Gross | 70.0B | 65.7B | 212.2B | 199.6B | 202.2B | 212.3B | |
Good Will | 1.5B | 1.5B | 1.5B | 1.4B | 1.7B | 1.1B | |
Net Tangible Assets | 30.4B | 25.7B | 32.6B | 48.8B | 56.2B | 36.5B | |
Long Term Investments | 5.0B | 6.3B | 6.0B | 5.5B | 5.9B | 5.6B | |
Short Long Term Debt | 4.1B | 5.8B | 5.3B | 4.4B | 6.0B | 4.4B |
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Try AI Portfolio ArchitectCheck 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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.