Ecopetrol Balance Sheet Health
Financial Health criteria checks 3/6
Ecopetrol has a total shareholder equity of COP98,900.2B and total debt of COP115,019.6B, which brings its debt-to-equity ratio to 116.3%. Its total assets and total liabilities are COP286,307.7B and COP187,407.5B respectively. Ecopetrol's EBIT is COP34,079.6B making its interest coverage ratio 4.9. It has cash and short-term investments of COP15,349.6B.
Key information
116.3%
Debt to equity ratio
Col$115.02t
Debt
| Interest coverage ratio | 4.9x |
| Cash | Col$15.35t |
| Equity | Col$98.90t |
| Total liabilities | Col$187.41t |
| Total assets | Col$286.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECOPETROL's short term assets (COP62,098.2B) exceed its short term liabilities (COP41,859.9B).
Long Term Liabilities: ECOPETROL's short term assets (COP62,098.2B) do not cover its long term liabilities (COP145,547.6B).
Debt to Equity History and Analysis
Debt Level: ECOPETROL's net debt to equity ratio (100.8%) is considered high.
Reducing Debt: ECOPETROL's debt to equity ratio has increased from 63.7% to 116.3% over the past 5 years.
Debt Coverage: ECOPETROL's debt is well covered by operating cash flow (32.8%).
Interest Coverage: ECOPETROL's interest payments on its debt are well covered by EBIT (4.9x coverage).