Equinor ASA (DNQA) — Financial Flexibility Index

Latest as of March 2026: 0.09x

Equinor ASA (DNQA) has a Financial Flexibility Index of 0.09x as of March 2026. Free cash flow of €8.33 Billion (operating CF €5.21 Billion minus capex €3.12 Billion) represents 0% of total liabilities (€97.51 Billion). Also explore Equinor ASA (DNQA) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

€8.33 Billion
Operating CF − Capex

Total Liabilities

€97.51 Billion
EUR

Capital Expenditures

€3.12 Billion
EUR

Equinor ASA Financial Flexibility Index (2016–2025)

Historical Financial Flexibility Index trend for Equinor ASA across 10 annual periods. Check DNQA capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Equinor ASA (2016–2025)

Year-by-year free cash flow to debt coverage for Equinor ASA. For the full company profile including market capitalisation, see market value of Equinor ASA.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.37x €33.97 Billion €19.97 Billion €91.23 Billion ▲ +4.4%
2024 0.36x €31.64 Billion €19.46 Billion €88.76 Billion ▼ -5.9%
2023 0.38x €36.01 Billion €26.23 Billion €95.08 Billion ▼ -10.2%
2022 0.42x €43.89 Billion €35.14 Billion €104.03 Billion ▲ +23.7%
2021 0.34x €36.86 Billion €28.82 Billion €108.10 Billion ▲ +59.2%
2020 0.21x €18.86 Billion €10.39 Billion €88.08 Billion ▼ -31.2%
2019 0.31x €23.95 Billion €13.75 Billion €76.90 Billion ▼ -30.3%
2018 0.45x €31.06 Billion €19.69 Billion €69.52 Billion ▲ +24.5%
2017 0.36x €25.56 Billion €14.80 Billion €71.22 Billion ▲ +18.6%
2016 0.30x €21.01 Billion €8.82 Billion €69.43 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities