Ecopetrol Sa Adr Stock Probability Of Bankruptcy
EC Stock | USD 7.89 0.06 0.75% |
Ecopetrol | Probability Of Bankruptcy |
Ecopetrol SA ADR Company probability of distress Analysis
Ecopetrol's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Ecopetrol Probability Of Bankruptcy | Less than 3% |
Most of Ecopetrol's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ecopetrol SA ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ecopetrol probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Ecopetrol odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Ecopetrol SA ADR financial health.
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 1.9 | 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.
Ecopetrol Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Ecopetrol is extremely important. It helps to project a fair market value of Ecopetrol Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Ecopetrol's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ecopetrol's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ecopetrol's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company 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 both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Based on the latest financial disclosure, Ecopetrol SA ADR has a Probability Of Bankruptcy of 3.0%. This is 93.78% lower than that of the Oil, Gas & Consumable Fuels sector and 93.04% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 92.47% higher than that of the company.
Ecopetrol Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ecopetrol's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ecopetrol could also be used in its relative valuation, which is a method of valuing Ecopetrol by comparing valuation metrics of similar companies.Ecopetrol is currently under evaluation in probability of bankruptcy category among its peers.
Ecopetrol Main Bankruptcy Drivers
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Return On Assets | 0.0902 | 0.1 | 0.0242 | 0.0641 | 0.068 | 0.0964 | |
Asset Turnover | 0.54 | 0.52 | 0.36 | 0.38 | 0.51 | 0.56 | |
Net Debt | 31.2T | 41.6T | 80.5T | 99.7T | 93.5T | 98.2T | |
Total Current Liabilities | 21.7T | 18.3T | 30.2T | 56.8T | 43.6T | 45.7T | |
Non Current Liabilities Total | 53.4T | 65.3T | 120.2T | 130.5T | 135.6T | 142.4T | |
Total Assets | 135.4T | 139.4T | 244.3T | 306.4T | 282.3T | 296.4T | |
Total Current Assets | 23.4T | 22.8T | 51.7T | 77.3T | 68.6T | 72.0T | |
Total Cash From Operating Activities | 27.7T | 9.2T | 22.5T | 36.2T | 19.8T | 17.1T |
Ecopetrol ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ecopetrol's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ecopetrol's managers, analysts, and investors.Environmental | Governance | Social |
Ecopetrol Fundamentals
Return On Equity | 0.21 | ||||
Return On Asset | 0.079 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.27 % | ||||
Current Valuation | 40.06 B | ||||
Shares Outstanding | 2.06 B | ||||
Shares Owned By Institutions | 1.30 % | ||||
Number Of Shares Shorted | 14.23 M | ||||
Price To Earning | 4.84 X | ||||
Price To Book | 1.06 X | ||||
Price To Sales | 0.0001 X | ||||
Revenue | 143.08 T | ||||
Gross Profit | 81.43 T | ||||
EBITDA | 59.83 T | ||||
Net Income | 19.06 T | ||||
Cash And Equivalents | 15.4 T | ||||
Cash Per Share | 2.43 X | ||||
Total Debt | 105.82 T | ||||
Debt To Equity | 1.04 % | ||||
Current Ratio | 1.46 X | ||||
Book Value Per Share | 1,907 X | ||||
Cash Flow From Operations | 19.8 T | ||||
Short Ratio | 5.77 X | ||||
Earnings Per Share | 1.90 X | ||||
Price To Earnings To Growth | 0.30 X | ||||
Target Price | 9.63 | ||||
Beta | 0.69 | ||||
Market Capitalization | 16.87 B | ||||
Total Asset | 282.28 T | ||||
Retained Earnings | 20.6 T | ||||
Working Capital | 25.05 T | ||||
Current Asset | 19.87 T | ||||
Current Liabilities | 17.43 T | ||||
Annual Yield | 0.37 % | ||||
Five Year Return | 4.85 % | ||||
Net Asset | 282.28 T |
About Ecopetrol Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ecopetrol SA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ecopetrol using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ecopetrol SA ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Ecopetrol Piotroski F Score and Ecopetrol Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 1.9 | 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.