Equinor ASA Financials
| EQNR Stock | NOK 267.20 0.50 0.19% |
Equinor |
Understanding current and past Equinor ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Equinor ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Equinor ASA's assets may result in an increase in income on the income statement.
Equinor ASA Stock Summary
Equinor ASA competes with DnB ASA, Mowi ASA, Yara International, Telenor ASA, and Aker BP. Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy, as well as other businesses in Norway and internationally. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway. EQUINOR ASA operates under Oil Gas Integrated classification in Norway and is traded on Oslo Stock Exchange. It employs 21245 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010096985 |
| Business Address | Forusbeen 50, Stavanger |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.equinor.com |
| Phone | (47) 51 99 00 50 |
| Currency | NOK - Kroner |
You should never invest in Equinor ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Equinor Stock, because this is throwing your money away. Analyzing the key information contained in Equinor ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Equinor ASA Key Financial Ratios
There are many critical financial ratios that Equinor ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Equinor ASA reports annually and quarterly.Equinor Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Equinor ASA's current stock value. Our valuation model uses many indicators to compare Equinor ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equinor ASA competition to find correlations between indicators driving Equinor ASA's intrinsic value. More Info.Equinor ASA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Equinor ASA is roughly 2.02 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Equinor ASA's earnings, one of the primary drivers of an investment's value.Equinor ASA Systematic Risk
Equinor ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equinor ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Equinor ASA correlated with the market. If Beta is less than 0 Equinor ASA generally moves in the opposite direction as compared to the market. If Equinor ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equinor ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equinor ASA is generally in the same direction as the market. If Beta > 1 Equinor ASA moves generally in the same direction as, but more than the movement of the benchmark.
Equinor ASA December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Equinor ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equinor ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equinor ASA based on widely used predictive technical indicators. In general, we focus on analyzing Equinor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equinor ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.88 |
Other Information on Investing in Equinor Stock
Equinor ASA financial ratios help investors to determine whether Equinor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Equinor with respect to the benefits of owning Equinor ASA security.