Ecopetrol SA
Ecopetrol SA operates in various business sectors.
Ecopetrol SA (ECHA) - Total Assets
Latest total assets as of December 2023: €280.14 Trillion EUR
Based on the latest financial reports, Ecopetrol SA (ECHA) holds total assets worth €280.14 Trillion EUR as of December 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ecopetrol SA - Total Assets Trend (2018–2023)
This chart illustrates how Ecopetrol SA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ecopetrol SA - Asset Composition Analysis
Current Asset Composition (December 2023)
Ecopetrol SA's total assets of €280.14 Trillion consist of 24.5% current assets and 75.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 3.8% |
| Accounts Receivable | €11.40 Trillion | 4.1% |
| Inventory | €10.20 Trillion | 3.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €14.71 Trillion | 5.3% |
| Goodwill | €4.85 Trillion | 1.7% |
Asset Composition Trend (2018–2023)
This chart illustrates how Ecopetrol SA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ecopetrol SA's current assets represent 24.5% of total assets in 2023, an increase from 21.7% in 2018.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2023, down from 5.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 5.3% of total assets.
Ecopetrol SA Competitors by Total Assets
Key competitors of Ecopetrol SA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Ecopetrol SA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Ecopetrol SA generates 0.51x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Ecopetrol SA generates $7.52 in net profit.
Ecopetrol SA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.58 | 1.36 | 1.69 |
| Quick Ratio | 1.34 | 1.15 | 1.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €25.05 Trillion | € 20.49 Trillion | € 19.14 Trillion |
Ecopetrol SA - Advanced Valuation Insights
This section examines the relationship between Ecopetrol SA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -7.5% |
| Total Assets | €280.14 Trillion |
| Market Capitalization | $117.56K USD |
Valuation Analysis
Below Book Valuation: The market values Ecopetrol SA's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ecopetrol SA's assets decreased by 7.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ecopetrol SA (2018–2023)
The table below shows the annual total assets of Ecopetrol SA from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €280.14 Trillion | -7.48% |
| 2022-12-31 | €302.79 Trillion | +24.90% |
| 2021-12-31 | €242.43 Trillion | +76.06% |
| 2020-12-31 | €137.69 Trillion | +1.66% |
| 2019-12-31 | €135.45 Trillion | +8.67% |
| 2018-12-31 | €124.64 Trillion | -- |