Equinor ASA Financial Flexibility Index
Equinor ASA financial flexibility index. Equinor ASA (DNQA) has a Financial Flexibility Index of 0.13x as of June 2026. Free cash flow of €12.34 Billion (operating CF €9.47 Billion minus capex €2.87 Billion) represents 0% of total liabilities (€97.77 Billion). Explore DNQA capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Equinor ASA (2016–2025)
Financial flexibility index of Equinor ASA from 2016 to 2025. Historical Financial Flexibility Index trend for Equinor ASA across 10 annual periods. Check Equinor ASA (DNQA) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Equinor ASA Financial Flexibility Index by Year (2016–2025)
Equinor ASA financial flexibility index by year from 2016 to 2025. Year-by-year free cash flow to debt coverage for Equinor ASA. For the full cash flow conversion analysis, see DNQA cash flow metrics.
| 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 | — |