Equinor ASA (DNQA) — 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. See Equinor ASA leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Equinor ASA Cash Flow-to-Debt Ratio (2016–2025)
Historical debt coverage capacity for Equinor ASA across 10 annual periods. For the full cash flow conversion analysis, see DNQA operating cash flow.
Annual Cash Flow-to-Debt Ratio for Equinor ASA (2016–2025)
Year-by-year debt coverage analysis for Equinor ASA. Check Equinor ASA (DNQA) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| 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 | — |