Equinor ASA Cash Flow-to-Debt Ratio
Equinor ASA cash flow-to-debt ratio. Equinor ASA (DNQA) has a Cash Flow-to-Debt Ratio of 0.10x as of June 2026, meaning its operating cash flow of €9.47 Billion could theoretically repay 0% of its total liabilities (€97.77 Billion) in one year. Check Equinor ASA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Equinor ASA (2016–2025)
Cash flow-to-debt ratio of Equinor ASA from 2016 to 2025. Historical debt coverage capacity for Equinor ASA across 10 annual periods. Check Equinor ASA total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Equinor ASA Cash Flow-to-Debt Ratio by Year (2016–2025)
Equinor ASA cash flow-to-debt ratio by year from 2016 to 2025. Year-by-year debt coverage analysis for Equinor ASA. For the full cash flow conversion analysis, see cash flow conversion of Equinor ASA.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.22x | €19.97 Billion | €91.23 Billion | ▼ -0.2% |
| 2024 | 0.22x | €19.46 Billion | €88.76 Billion | ▼ -20.5% |
| 2023 | 0.28x | €26.23 Billion | €95.08 Billion | ▼ -18.3% |
| 2022 | 0.34x | €35.14 Billion | €104.03 Billion | ▲ +26.7% |
| 2021 | 0.27x | €28.82 Billion | €108.10 Billion | ▲ +126.1% |
| 2020 | 0.12x | €10.39 Billion | €88.08 Billion | ▼ -34.0% |
| 2019 | 0.18x | €13.75 Billion | €76.90 Billion | ▼ -36.9% |
| 2018 | 0.28x | €19.69 Billion | €69.52 Billion | ▲ +36.3% |
| 2017 | 0.21x | €14.80 Billion | €71.22 Billion | ▲ +63.7% |
| 2016 | 0.13x | €8.82 Billion | €69.43 Billion | — |