Ecopetrol Change To Inventory from 2010 to 2024

EC Stock  USD 8.05  0.11  1.35%   
Ecopetrol's Change To Inventory is decreasing over the years with stable fluctuation. Overall, Change To Inventory is expected to go to about 848.5 B this year. Change To Inventory is the increase or decrease in the amount of inventory Ecopetrol SA ADR has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2008-12-31
Previous Quarter
-490.2 B
Current Value
-242.2 B
Quarterly Volatility
598.6 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ecopetrol financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ecopetrol's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 T, Interest Expense of 4.8 T or Selling General Administrative of 2.6 T, as well as many indicators such as Price To Sales Ratio of 16.19, Dividend Yield of 0.0028 or PTB Ratio of 26.32. Ecopetrol financial statements analysis is a perfect complement when working with Ecopetrol Valuation or Volatility modules.
  
Check out the analysis of Ecopetrol Correlation against competitors.

Latest Ecopetrol's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Ecopetrol SA ADR over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Ecopetrol's Change To Inventory 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.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Ecopetrol Change To Inventory Regression Statistics

Arithmetic Mean(395,980,176,667)
Coefficient Of Variation(286.22)
Mean Deviation712,434,682,222
Median(312,504,000,000)
Standard Deviation1,133,381,108,541
Sample Variance1284552737197.7T
Range3.8T
R-Value(0.13)
Mean Square Error1360500651418.5T
R-Squared0.02
Significance0.65
Slope(32,581,209,107)
Total Sum of Squares17983738320767.8T

Ecopetrol Change To Inventory History

2024848.5 B
2023808.1 B
2022-2.8 T
2021-3 T
2020716.1 B
2019-597.6 B
2018-448.1 B

About Ecopetrol Financial Statements

Ecopetrol stakeholders use historical fundamental indicators, such as Ecopetrol's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Ecopetrol investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ecopetrol's assets and liabilities are reflected in the revenues and expenses on Ecopetrol's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ecopetrol SA ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory808.1 B848.5 B

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Check out the analysis of Ecopetrol Correlation against competitors.
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Is Oil, Gas & Consumable Fuels space 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
(0.28)
Earnings Share
1.89
Revenue Per Share
32.4 K
Quarterly Revenue Growth
(0.01)
Return On Assets
0.079
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.