Ecopetrol Financials

EC Stock  USD 11.84  0.51  4.50%   
Based on the analysis of Ecopetrol's profitability, liquidity, and operating efficiency, Ecopetrol SA ADR may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Ecopetrol's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 45.7 T, whereas Common Stock Shares Outstanding is forecasted to decline to about 2.1 B. Key indicators impacting Ecopetrol's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.41.3366
Sufficiently Up
Slightly volatile
Operating Income18.1 T23 T
Significantly Down
Slightly volatile
Current Ratio1.641.5751
Sufficiently Up
Slightly volatile
The financial analysis of Ecopetrol is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Ecopetrol includes many different criteria found on its balance sheet. For example, investors should never minimize Ecopetrol's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Ecopetrol's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Ecopetrol.

Cash And Equivalents

18.6 Trillion

With this module, you can analyze Ecopetrol financials for your investing period. You should be able to track the changes in Ecopetrol individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Ecopetrol Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ecopetrol's financial statements are interrelated, with each one affecting the others. For example, an increase in Ecopetrol's assets may result in an increase in income on the income statement.
Evaluating Ecopetrol's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Ecopetrol's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Ecopetrol's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Ecopetrol SA ADR has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Ecopetrol stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Ecopetrol's odds of distress score SHOULD NOT be confused with the real chance of Ecopetrol SA ADR filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Ecopetrol is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Ecopetrol's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Ecopetrol's official financial statements usually reflect Ecopetrol's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ecopetrol SA ADR. For example, before you start analyzing numbers published by Ecopetrol accountants, it's critical to develop an understanding of what Ecopetrol's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Ecopetrol's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ecopetrol's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ecopetrol's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ecopetrol SA ADR. Please utilize our Beneish M Score to check the likelihood of Ecopetrol's management manipulating its earnings.

Ecopetrol Company Summary

Ecopetrol competes with Cisco Systems, Johnson Johnson, Merck, JPMorgan Chase, and Verizon Communications. The company operates through four segments Exploration and Production Transport and Logistics Refining, Petrochemical and Biofuels and Electric Power Transmission and Toll Roads Concessions. Ecopetrol S.A. was incorporated in 1948 and is based in Bogot, Colombia. Ecopetrol is traded on New York Stock Exchange in the United States.
Specialization
Energy, Oil & Gas Integrated
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2791581091
CUSIP279158109
LocationColombia
Business AddressCarrera 13 No
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.ecopetrol.com.co
Phone57 310 315 8600
CurrencyUSD - US Dollar
You should never invest in Ecopetrol without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ecopetrol Stock, because this is throwing your money away. Analyzing the key information contained in Ecopetrol's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ecopetrol Key Financial Ratios

Generally speaking, Ecopetrol's financial ratios allow both analysts and investors to convert raw data from Ecopetrol's financial statements into concise, actionable information that can be used to evaluate the performance of Ecopetrol over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ecopetrol SA ADR reports annually and quarterly.

Ecopetrol Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets135.4T139.4T244.3T306.4T282.3T296.4T
Other Current Liab752B423B6.3T13.3T11.9T12.5T
Other Liab15.1T20.1T23.5T34.4T39.6T41.5T
Net Debt31.2T41.6T80.5T99.7T93.5T98.2T
Retained Earnings12.3T669.9B14.9T29.8T20.6T21.6T
Accounts Payable10.7T8.4T13.6T19.9T13.7T8.5T
Cash7.1T5.1T14.6T15.4T12.3T7.7T
Other Assets10.4T13.2T35.9T17.2T19.8T20.8T
Net Receivables7.2T8.8T24.7T46.0T39.1T41.0T
Inventory5.7T5.1T8.4T11.9T10.8T11.3T
Other Current Assets1.8T1.7T2.3T2.8T4.6T2.8T
Total Liab75.1T83.6T150.5T187.3T179.2T188.1T
Total Current Assets23.4T22.8T51.7T77.3T68.6T72.0T
Intangible Assets483B555B15.0T18.1T20.9T21.9T
Long Term Debt33.2T41.8T85.9T92.9T106.9T112.2T
Short Term Debt5.0T4.9T9.2T22.2T15.6T16.3T
Net Tangible Assets55.9T55.0T51.5T51.3T58.9T47.0T
Short Long Term Debt5.0T4.9T9.2T22.2T25.5T26.8T
Long Term Debt Total33.2T41.8T85.9T92.9T106.9T55.6T

Ecopetrol Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Ecopetrol's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.4T2.1T2.8T4.6T8.8T4.8T
Total Revenue70.8T50.0T91.7T159.5T123.1T64.8T
Gross Profit25.9T12.5T36.2T70.0T31.8T23.4T
Operating Income22.2T7.6T29.6T60.4T23.0T18.1T
Ebit22.2T7.6T29.6T60.4T23.0T21.9T
Ebitda30.8T16.3T39.0T71.1T37.2T28.7T
Cost Of Revenue45.0T37.6T55.6T89.5T91.4T95.9T
Income Before Tax20.8T5.2T26.3T54.3T36.0T37.8T
Net Income13.7T3.4T15.6T31.6T19.1T10.2T
Income Tax Expense5.1T1.9T7.6T17.3T13.5T14.2T
Minority Interest3.9T3.7T(2.0T)(3.6T)(4.2T)(4.0T)
Tax Provision4.6T1.9T7.6T17.3T18.9T19.8T
Interest Income851.5B299.2B3.3T6.1T7.0T7.3T
Net Interest Income(1.8T)(2.8T)(4.0T)(6.7T)(5.6T)(5.8T)

Ecopetrol Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Ecopetrol SA ADR. It measures of how well Ecopetrol is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ecopetrol brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ecopetrol had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ecopetrol has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash764B(2.0T)9.5T851B(3.1T)(2.9T)
Free Cash Flow13.7T(1.9T)9.2T14.4T(8.5T)(8.1T)
Other Non Cash Items9.1T8.1T11.0T5.2T59.7T62.7T
Dividends Paid13.9T8.7T2.8T13.4T(5.6T)(5.3T)
Capital Expenditures14.0T11.1T13.3T21.9T24.1T25.3T
Net Income13.3T1.7T16.7T33.4T19.1T10.3T
End Period Cash Flow7.1T5.1T14.6T15.4T12.3T7.4T
Change To Inventory(597.6B)716.1B(3.0T)(2.8T)808.1B848.5B
Depreciation8.6T9.3T10.2T12.1T14.3T15.0T
Investments(10.0T)(8.5T)1.6T(18.1T)(16.3T)(15.5T)
Net Borrowings(8.8T)(1.5T)8.5T13.1T15.0T15.8T
Change To Netincome3.8T560B8.4T22.3T25.7T27.0T

Ecopetrol Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ecopetrol's current stock value. Our valuation model uses many indicators to compare Ecopetrol value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ecopetrol competition to find correlations between indicators driving Ecopetrol's intrinsic value. More Info.
Ecopetrol SA ADR is one of the top stocks in short ratio category among related companies. It is one of the top stocks in earnings per share category among related companies creating about  0.65  of Earnings Per Share per Short Ratio. The ratio of Short Ratio to Earnings Per Share for Ecopetrol SA ADR is roughly  1.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ecopetrol by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ecopetrol's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ecopetrol's earnings, one of the primary drivers of an investment's value.

Ecopetrol SA ADR Systematic Risk

Ecopetrol's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ecopetrol volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ecopetrol SA ADR correlated with the market. If Beta is less than 0 Ecopetrol generally moves in the opposite direction as compared to the market. If Ecopetrol Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ecopetrol SA ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ecopetrol is generally in the same direction as the market. If Beta > 1 Ecopetrol moves generally in the same direction as, but more than the movement of the benchmark.

About Ecopetrol Financials

What exactly are Ecopetrol Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ecopetrol's income statement, its balance sheet, and the statement of cash flows. Potential Ecopetrol investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ecopetrol investors may use each financial statement separately, they are all related. The changes in Ecopetrol's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ecopetrol's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Ecopetrol Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ecopetrol is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ecopetrol has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Ecopetrol's financials are consistent with your investment objective using the following steps:
  • Review Ecopetrol's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Ecopetrol's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Ecopetrol's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Ecopetrol's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Ecopetrol Thematic Clasifications

Ecopetrol SA ADR is part of several thematic ideas from Power Assets to Petroleum and Natural Gas. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Ecopetrol Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ecopetrol's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ecopetrol growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.97)

At present, Ecopetrol's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Ecopetrol March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ecopetrol help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ecopetrol SA ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ecopetrol SA ADR based on widely used predictive technical indicators. In general, we focus on analyzing Ecopetrol Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ecopetrol's daily price indicators and compare them against related drivers.
When determining whether Ecopetrol SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ecopetrol's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ecopetrol Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ecopetrol Sa Adr Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Ecopetrol SA ADR information on this page should be used as a complementary analysis to other Ecopetrol's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Ecopetrol's price analysis, check to measure Ecopetrol's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ecopetrol is operating at the current time. Most of Ecopetrol's value examination focuses on studying past and present price action to predict the probability of Ecopetrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopetrol's price. Additionally, you may evaluate how the addition of Ecopetrol to your portfolios can decrease your overall portfolio volatility.
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Is Ecopetrol's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ecopetrol. If investors know Ecopetrol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ecopetrol listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
2.47
Revenue Per Share
34.8 K
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0881
The market value of Ecopetrol SA ADR is measured differently than its book value, which is the value of Ecopetrol that is recorded on the company's balance sheet. Investors also form their own opinion of Ecopetrol's value that differs from its market value or its book value, called intrinsic value, which is Ecopetrol's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ecopetrol's market value can be influenced by many factors that don't directly affect Ecopetrol's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ecopetrol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecopetrol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecopetrol's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.