Equinor ASA (EQNR) — Cash Flow-to-Debt Ratio
Equinor ASA (EQNR) has a Cash Flow-to-Debt Ratio of 0.22x as of December 2025, meaning its operating cash flow of Nkr19.97 Billion could theoretically repay 0% of its total liabilities (Nkr91.30 Billion) in one year. Explore EQNR long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Equinor ASA Cash Flow-to-Debt Ratio (1998–2024)
Historical debt coverage capacity for Equinor ASA across 27 annual periods. Also explore total assets of Equinor ASA for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Equinor ASA (1998–2024)
Year-by-year debt coverage analysis for Equinor ASA. For market capitalisation and broader financial context, see EQNR stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.23x | Nkr20.11 Billion | Nkr88.76 Billion | ▼ -12.8% |
| 2023 | 0.26x | Nkr24.70 Billion | Nkr95.08 Billion | ▼ -23.1% |
| 2022 | 0.34x | Nkr35.14 Billion | Nkr104.03 Billion | ▲ +26.7% |
| 2021 | 0.27x | Nkr28.82 Billion | Nkr108.10 Billion | ▲ +126.1% |
| 2020 | 0.12x | Nkr10.39 Billion | Nkr88.08 Billion | ▼ -34.0% |
| 2019 | 0.18x | Nkr13.75 Billion | Nkr76.90 Billion | ▼ -36.9% |
| 2018 | 0.28x | Nkr19.69 Billion | Nkr69.52 Billion | ▲ +40.5% |
| 2017 | 0.20x | Nkr14.36 Billion | Nkr71.22 Billion | ▲ +55.0% |
| 2016 | 0.13x | Nkr9.03 Billion | Nkr69.43 Billion | ▼ -27.0% |
| 2015 | 0.18x | Nkr12.40 Billion | Nkr69.58 Billion | ▼ -14.7% |
| 2014 | 0.21x | Nkr17.01 Billion | Nkr81.40 Billion | ▲ +9.3% |
| 2013 | 0.19x | Nkr16.66 Billion | Nkr87.08 Billion | ▼ -30.6% |
| 2012 | 0.28x | Nkr22.93 Billion | Nkr83.20 Billion | ▲ +19.5% |
| 2011 | 0.23x | Nkr18.67 Billion | Nkr81.00 Billion | ▲ +18.9% |
| 2010 | 0.19x | Nkr13.75 Billion | Nkr70.87 Billion | ▼ -3.6% |
| 2009 | 0.20x | Nkr12.60 Billion | Nkr62.59 Billion | ▼ -28.9% |
| 2008 | 0.28x | Nkr14.73 Billion | Nkr52.07 Billion | ▼ -8.4% |
| 2007 | 0.31x | Nkr17.29 Billion | Nkr55.99 Billion | ▼ -2.8% |
| 2006 | 0.32x | Nkr9.77 Billion | Nkr30.76 Billion | ▼ -0.1% |
| 2005 | 0.32x | Nkr8.33 Billion | Nkr26.20 Billion | ▲ +32.4% |
| 2004 | 0.24x | Nkr6.43 Billion | Nkr26.78 Billion | ▲ +16.9% |
| 2003 | 0.21x | Nkr4.63 Billion | Nkr22.55 Billion | ▲ +25.6% |
| 2002 | 0.16x | Nkr3.46 Billion | Nkr21.15 Billion | ▼ -38.9% |
| 2001 | 0.27x | Nkr4.36 Billion | Nkr16.30 Billion | ▼ -28.0% |
| 2000 | 0.37x | Nkr6.40 Billion | Nkr17.23 Billion | ▲ +133.1% |
| 1999 | 0.16x | Nkr2.52 Billion | Nkr15.78 Billion | ▲ +59.4% |
| 1998 | 0.10x | Nkr1.32 Billion | Nkr13.22 Billion | — |