Ecopetrol (Ecopetrol) Cash-to-Debt

: N/A (As of Sep. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Ecopetrol's cash to debt ratio for the quarter that ended in Sep. 2023 was N/A.

The historical rank and industry rank for Ecopetrol's Cash-to-Debt or its related term are showing as below:

EC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.23 Max: 0.52
Current: 0.14

During the past 13 years, Ecopetrol's highest Cash to Debt Ratio was 0.52. The lowest was 0.10. And the median was 0.23.

EC's Cash-to-Debt is ranked worse than
75.93% of 1022 companies
in the Oil & Gas industry
Industry Median: 0.5 vs EC: 0.14

Ecopetrol Cash-to-Debt Historical Data

The historical data trend for Ecopetrol's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Ecopetrol Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.23

0.16

0.17

0.14

N/A

Ecopetrol Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt																0.14	0.14	0.15	N/A	N/A

Competitive Comparison

For the Oil & Gas Integrated subindustry, Ecopetrol's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ecopetrol Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, Ecopetrol's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ecopetrol's Cash-to-Debt falls into.

Ecopetrol Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Ecopetrol's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3472.846	/	(4654.435	+	19486.189)
	=	0.14

Ecopetrol's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Ecopetrol (NYSE:EC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Ecopetrol Cash-to-Debt Related Terms

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Ecopetrol (Ecopetrol) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ecopetrol SA (NYSE:EC) » Definitions » Cash-to-Debt

Traded in Other Exchanges

ECHA:Germany ECHA:Germany ECOPETROL:Columbia E1CO34:Brazil

Address

Carrera 13 No. 36 - 24, Main Building, Bogota, COL

Website

https://www.ecopetrol.com.co

Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.