Ecopetrol Balance Sheet Health
Financial Health criteria checks 2/6
Ecopetrol has a total shareholder equity of COP103,098.8B and total debt of COP104,671.5B, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are COP282,280.6B and COP179,181.8B respectively. Ecopetrol's EBIT is COP41,471.6B making its interest coverage ratio 8.2. It has cash and short-term investments of COP14,197.0B.
Key information
101.5%
Debt to equity ratio
Col$104.67t
Debt
| Interest coverage ratio | 8.2x |
| Cash | Col$14.20t |
| Equity | Col$103.10t |
| Total liabilities | Col$179.18t |
| Total assets | Col$282.28t |
Recent financial health updates
No updates
Recent updates
Ecopetrol: Attractive Dividends Plus Upside Potential, Rating Unchanged
Apr 19Ecopetrol: Colombian Oil Producer Offers 14.7% Dividend On Stable Oil Prices
Mar 08Ecopetrol: Still My Top Pick For Oil Stock
Jan 19The Sell-Side Appears Too Negative On Ecopetrol
Jan 05Ecopetrol: Oil Stock For Adventurous Dividend Seekers
Oct 27Ecopetrol: A Beneficiary Of Rising Oil Prices, Macro Risks Still Apparent
Oct 20Ecopetrol: Likely To Benefit From Strengthening Oil Prices And Colombian Peso
Jul 31Ecopetrol: Too Risky, Don't Focus On The Dividend Yield
Jun 21Ecopetrol's Recent Weakness Spells Opportunity
Jun 05Ecopetrol: A Second Look At The Geopolitical Risk
Dec 19Ecopetrol: Political Risks Are High, Shares Remain In A Downtrend
Sep 14Ecopetrol net income of COP 10.47T, revenue of COP 43.89T
Aug 04Ecopetrol's Political Risks May Be Overstated
Jul 01Ecopetrol: Compelling Outlook Clouded By Near-Term Headwinds
Mar 17Ecopetrol: The Wave Of Upcoming Higher Geopolitical Risks Makes Them Uninvestable
Jun 15Ecopetrol says operations hurt by Colombia protests
May 26Ecopetrol reports Q1 results
May 05Ecopetrol plans $3.5B-$4B capex for 2021
Dec 14Despite Near-Term Headwinds, Ecopetrol Is Poised To Soar
Nov 14Ecopetrol net profit sinks 72% in pandemic-weighed Q3
Oct 28Financial Position Analysis
Short Term Liabilities: EC's short term assets (COP68,615.1B) exceed its short term liabilities (COP43,563.4B).
Long Term Liabilities: EC's short term assets (COP68,615.1B) do not cover its long term liabilities (COP135,618.4B).
Debt to Equity History and Analysis
Debt Level: EC's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: EC's debt to equity ratio has increased from 62.8% to 101.5% over the past 5 years.
Debt Coverage: EC's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: EC's interest payments on its debt are well covered by EBIT (8.2x coverage).