Ecopetrol Total Debt To Capitalization from 2010 to 2024
| EC Stock | USD 11.69 0.04 0.34% |
Total Debt To Capitalization | First Reported 2010-12-31 | Previous Quarter 0.57201886 | Current Value 0.3 | Quarterly Volatility 0.17312249 |
Check Ecopetrol financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ecopetrol main balance sheet or income statement drivers, such as Depreciation And Amortization of 15 T, Interest Expense of 4.8 T or Selling General Administrative of 2.5 T, as well as many exotic indicators such as Price To Sales Ratio of 16.19, Dividend Yield of 0.0028 or PTB Ratio of 25.42. Ecopetrol financial statements analysis is a perfect complement when working with Ecopetrol Valuation or Volatility modules.
Ecopetrol | Total Debt To Capitalization |
Latest Ecopetrol's Total Debt To Capitalization Growth Pattern
Below is the plot of the Total Debt To Capitalization of Ecopetrol SA ADR over the last few years. It is Ecopetrol's Total Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ecopetrol's overall financial position and show how it may be relating to other accounts over time.
| Total Debt To Capitalization | 10 Years Trend |
|
Total Debt To Capitalization |
| Timeline |
Ecopetrol Total Debt To Capitalization Regression Statistics
| Arithmetic Mean | 0.39 | |
| Geometric Mean | 0.33 | |
| Coefficient Of Variation | 44.87 | |
| Mean Deviation | 0.14 | |
| Median | 0.40 | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.5262 | |
| R-Value | 0.70 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 0.03 | |
| Total Sum of Squares | 0.42 |
Ecopetrol Total Debt To Capitalization History
About Ecopetrol Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ecopetrol income statement, its balance sheet, and the statement of cash flows. Ecopetrol investors use historical funamental indicators, such as Ecopetrol's Total Debt To Capitalization, 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. We offer a historical overview of the basic patterns found on Ecopetrol Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ecopetrol. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Debt To Capitalization | 0.57 | 0.30 |
Pair Trading with Ecopetrol
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ecopetrol position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ecopetrol will appreciate offsetting losses from the drop in the long position's value.Moving against Ecopetrol Stock
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The ability to find closely correlated positions to Ecopetrol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecopetrol when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ecopetrol - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ecopetrol SA ADR to buy it.
The correlation of Ecopetrol is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ecopetrol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecopetrol SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ecopetrol can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ecopetrol Correlation against competitors. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Ecopetrol Stock analysis
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 2.58 | 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.