Ecopetrol Balance Sheet Health

Financial Health criteria checks 3/6

Ecopetrol has a total shareholder equity of COP104,921.6B and total debt of COP115,029.3B, which brings its debt-to-equity ratio to 109.6%. Its total assets and total liabilities are COP292,711.3B and COP187,789.7B respectively. Ecopetrol's EBIT is COP34,392.9B making its interest coverage ratio 6.4. It has cash and short-term investments of COP16,337.8B.

Key information

109.6%

Debt to equity ratio

Col$115.03t

Debt

Interest coverage ratio6.4x
CashCol$16.34t
EquityCol$104.92t
Total liabilitiesCol$187.79t
Total assetsCol$292.71t

Recent financial health updates

No updates

Recent updates

Ecopetrol Has Considerable Risks But Also A Lot Of Upside In Case Of Positive Changes

Nov 28

Ecopetrol: An Attractive Long-Term Investment Beyond High Dividend Yield

Sep 29

Ecopetrol Remains An Oil And Gas Company, Great Buying Opportunity

Jul 19

Ecopetrol: Attractive Dividends Plus Upside Potential, Rating Unchanged

Apr 19

Ecopetrol: Colombian Oil Producer Offers 14.7% Dividend On Stable Oil Prices

Mar 08

Ecopetrol: Still My Top Pick For Oil Stock

Jan 19

The Sell-Side Appears Too Negative On Ecopetrol

Jan 05

Ecopetrol: Oil Stock For Adventurous Dividend Seekers

Oct 27

Ecopetrol: A Beneficiary Of Rising Oil Prices, Macro Risks Still Apparent

Oct 20

Ecopetrol: Likely To Benefit From Strengthening Oil Prices And Colombian Peso

Jul 31

Ecopetrol: Too Risky, Don't Focus On The Dividend Yield

Jun 21

Ecopetrol's Recent Weakness Spells Opportunity

Jun 05

Ecopetrol: A Second Look At The Geopolitical Risk

Dec 19

Ecopetrol: Political Risks Are High, Shares Remain In A Downtrend

Sep 14

Ecopetrol net income of COP 10.47T, revenue of COP 43.89T

Aug 04

Ecopetrol's Political Risks May Be Overstated

Jul 01

Ecopetrol: Compelling Outlook Clouded By Near-Term Headwinds

Mar 17

Ecopetrol: The Wave Of Upcoming Higher Geopolitical Risks Makes Them Uninvestable

Jun 15

Ecopetrol says operations hurt by Colombia protests

May 26

Ecopetrol reports Q1 results

May 05

Ecopetrol plans $3.5B-$4B capex for 2021

Dec 14

Despite Near-Term Headwinds, Ecopetrol Is Poised To Soar

Nov 14

Ecopetrol net profit sinks 72% in pandemic-weighed Q3

Oct 28

Financial Position Analysis

Short Term Liabilities: EC's short term assets (COP61,852.0B) exceed its short term liabilities (COP36,921.1B).

Long Term Liabilities: EC's short term assets (COP61,852.0B) do not cover its long term liabilities (COP150,868.6B).


Debt to Equity History and Analysis

Debt Level: EC's net debt to equity ratio (94.1%) is considered high.

Reducing Debt: EC's debt to equity ratio has increased from 63.7% to 109.6% over the past 5 years.

Debt Coverage: EC's debt is well covered by operating cash flow (39.9%).

Interest Coverage: EC's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Ecopetrol S.A. is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew ThomasBarclays
Caio RibeiroBofA Global Research
Caio RibeiroBofA Global Research