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 ratio4.9x
CashCol$15.35t
EquityCol$98.90t
Total liabilitiesCol$187.41t
Total assetsCol$286.31t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ECHA's short term assets (COP62,098.2B) exceed its short term liabilities (COP41,859.9B).

Long Term Liabilities: ECHA'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: ECHA's net debt to equity ratio (100.8%) is considered high.

Reducing Debt: ECHA's debt to equity ratio has increased from 63.7% to 116.3% over the past 5 years.

Debt Coverage: ECHA's debt is well covered by operating cash flow (32.8%).

Interest Coverage: ECHA's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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