Ecopetrol Short Term Investments vs Total Current Liabilities Analysis

EC Stock

USD 9.29 0.14 1.53%

Ecopetrol financial indicator trend analysis is much more than just examining Ecopetrol SA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecopetrol SA ADR is a good investment. Please check the relationship between Ecopetrol Short Term Investments and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecopetrol SA ADR Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ecopetrol's Short Term Investments and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ecopetrol SA ADR, assuming nothing else is changed. The correlation between historical values of Ecopetrol's Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Ecopetrol SA ADR are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Ecopetrol's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Ecopetrol balance sheet. It contains any investments Ecopetrol SA ADR undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Ecopetrol SA ADR can easily liquidate in the marketplace.

Total Current Liabilities

Total Current Liabilities is an item on Ecopetrol balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ecopetrol SA ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Ecopetrol's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecopetrol SA ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At present, Ecopetrol's Tax Provision is projected to increase significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Gross Profit	70.0T	55.9T	61.5T	64.6T
Total Revenue	159.5T	143.1T	133.3T	71.3T

Gross Profit Total Revenue

Ecopetrol fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets
Common Stock Shares Outstanding		-0.44	-0.28	-0.33	-0.12	-0.74	-0.5	-0.61	-0.28	-0.47	-0.32	-0.49	0.03	-0.64	-0.49	-0.48	-0.69	-0.36	-0.6	-0.61	-0.08	0.67	-0.56	-0.47	-0.44	-0.5
Total Assets	-0.44		0.79	0.95	0.86	0.78	0.87	0.84	0.67	0.83	0.93	0.87	0.61	0.72	0.84	0.9	0.59	-0.28	0.84	0.97	0.35	-0.22	0.87	0.7	0.98	0.85
Other Current Liab	-0.28	0.79		0.84	0.7	0.67	0.51	0.76	0.81	0.74	0.72	0.83	0.77	0.56	0.62	0.84	0.21	-0.39	0.78	0.77	0.54	-0.2	0.83	0.7	0.84	0.89
Total Current Liabilities	-0.33	0.95	0.84		0.89	0.67	0.78	0.74	0.74	0.8	0.9	0.81	0.62	0.56	0.79	0.93	0.47	-0.32	0.73	0.93	0.27	-0.12	0.8	0.59	0.97	0.8
Total Stockholder Equity	-0.12	0.86	0.7	0.89		0.51	0.73	0.6	0.76	0.77	0.87	0.75	0.69	0.46	0.76	0.74	0.31	-0.35	0.61	0.78	0.3	0.2	0.68	0.56	0.85	0.67
Other Liab	-0.74	0.78	0.67	0.67	0.51		0.77	0.95	0.55	0.86	0.66	0.9	0.42	0.9	0.64	0.71	0.7	-0.2	0.95	0.83	0.54	-0.62	0.94	0.84	0.74	0.87
Property Plant And Equipment Net	-0.5	0.87	0.51	0.78	0.73	0.77		0.79	0.42	0.81	0.83	0.76	0.26	0.73	0.79	0.67	0.8	-0.13	0.75	0.85	0.32	-0.29	0.76	0.59	0.79	0.67
Net Debt	-0.61	0.84	0.76	0.74	0.6	0.95	0.79		0.59	0.92	0.75	0.96	0.57	0.83	0.72	0.75	0.62	-0.24	0.99	0.83	0.62	-0.47	0.99	0.89	0.81	0.92
Retained Earnings	-0.28	0.67	0.81	0.74	0.76	0.55	0.42	0.59		0.74	0.67	0.75	0.75	0.44	0.59	0.7	0.06	-0.37	0.64	0.68	0.47	0.01	0.7	0.62	0.73	0.79
Accounts Payable	-0.47	0.83	0.74	0.8	0.77	0.86	0.81	0.92	0.74		0.78	0.96	0.62	0.72	0.72	0.71	0.51	-0.34	0.92	0.8	0.62	-0.25	0.94	0.85	0.8	0.88
Cash	-0.32	0.93	0.72	0.9	0.87	0.66	0.83	0.75	0.67	0.78		0.8	0.58	0.68	0.93	0.82	0.5	-0.24	0.75	0.87	0.29	-0.08	0.79	0.58	0.92	0.8
Non Current Assets Total	-0.49	0.87	0.83	0.81	0.75	0.9	0.76	0.96	0.75	0.96	0.8		0.72	0.79	0.73	0.76	0.49	-0.38	0.98	0.83	0.66	-0.29	0.99	0.91	0.84	0.95
Non Currrent Assets Other	0.03	0.61	0.77	0.62	0.69	0.42	0.26	0.57	0.75	0.62	0.58	0.72		0.32	0.43	0.55	-0.13	-0.54	0.63	0.5	0.62	0.19	0.67	0.74	0.64	0.71
Other Assets	-0.64	0.72	0.56	0.56	0.46	0.9	0.73	0.83	0.44	0.72	0.68	0.79	0.32		0.65	0.64	0.62	-0.2	0.84	0.74	0.37	-0.53	0.81	0.64	0.67	0.81
Cash And Short Term Investments	-0.49	0.84	0.62	0.79	0.76	0.64	0.79	0.72	0.59	0.72	0.93	0.73	0.43	0.65		0.76	0.61	0.12	0.71	0.82	0.18	-0.19	0.73	0.54	0.85	0.72
Net Receivables	-0.48	0.9	0.84	0.93	0.74	0.71	0.67	0.75	0.7	0.71	0.82	0.76	0.55	0.64	0.76		0.46	-0.2	0.74	0.94	0.14	-0.27	0.79	0.55	0.96	0.83
Common Stock Total Equity	-0.69	0.59	0.21	0.47	0.31	0.7	0.8	0.62	0.06	0.51	0.5	0.49	-0.13	0.62	0.61	0.46		0.26	0.56	0.67	0.1	-0.65	0.54	0.43	0.51	0.38
Short Term Investments	-0.36	-0.28	-0.39	-0.32	-0.35	-0.2	-0.13	-0.24	-0.37	-0.34	-0.24	-0.38	-0.54	-0.2	0.12	-0.2	0.26		-0.29	-0.16	-0.5	-0.23	-0.32	-0.3	-0.24	-0.38
Non Current Liabilities Total	-0.6	0.84	0.78	0.73	0.61	0.95	0.75	0.99	0.64	0.92	0.75	0.98	0.63	0.84	0.71	0.74	0.56	-0.29		0.82	0.65	-0.44	0.99	0.92	0.81	0.95
Inventory	-0.61	0.97	0.77	0.93	0.78	0.83	0.85	0.83	0.68	0.8	0.87	0.83	0.5	0.74	0.82	0.94	0.67	-0.16	0.82		0.26	-0.36	0.85	0.66	0.96	0.84
Other Current Assets	-0.08	0.35	0.54	0.27	0.3	0.54	0.32	0.62	0.47	0.62	0.29	0.66	0.62	0.37	0.18	0.14	0.1	-0.5	0.65	0.26		-0.22	0.63	0.8	0.29	0.6
Other Stockholder Equity	0.67	-0.22	-0.2	-0.12	0.2	-0.62	-0.29	-0.47	0.01	-0.25	-0.08	-0.29	0.19	-0.53	-0.19	-0.27	-0.65	-0.23	-0.44	-0.36	-0.22		-0.39	-0.35	-0.21	-0.34
Total Liab	-0.56	0.87	0.83	0.8	0.68	0.94	0.76	0.99	0.7	0.94	0.79	0.99	0.67	0.81	0.73	0.79	0.54	-0.32	0.99	0.85	0.63	-0.39		0.9	0.85	0.96
Property Plant And Equipment Gross	-0.47	0.7	0.7	0.59	0.56	0.84	0.59	0.89	0.62	0.85	0.58	0.91	0.74	0.64	0.54	0.55	0.43	-0.3	0.92	0.66	0.8	-0.35	0.9		0.66	0.82
Total Current Assets	-0.44	0.98	0.84	0.97	0.85	0.74	0.79	0.81	0.73	0.8	0.92	0.84	0.64	0.67	0.85	0.96	0.51	-0.24	0.81	0.96	0.29	-0.21	0.85	0.66		0.86
Intangible Assets	-0.5	0.85	0.89	0.8	0.67	0.87	0.67	0.92	0.79	0.88	0.8	0.95	0.71	0.81	0.72	0.83	0.38	-0.38	0.95	0.84	0.6	-0.34	0.96	0.82	0.86

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Ecopetrol Account Relationship Matchups

Ecopetrol fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	139.4T	244.3T	306.4T	282.3T	301.3T	152.3T
Other Current Liab	423B	6.3T	13.3T	11.9T	9.0T	9.5T
Total Current Liabilities	18.3T	30.2T	56.8T	43.6T	39.6T	22.7T
Total Stockholder Equity	52.1T	71.7T	91.0T	78.4T	83.7T	59.7T
Other Liab	15.1T	20.1T	23.5T	34.4T	39.6T	41.5T
Property Plant And Equipment Net	98.8T	126.5T	143.9T	96.0T	156.1T	81.1T
Net Debt	41.6T	80.5T	99.7T	93.5T	105.9T	111.2T
Retained Earnings	669.9B	14.9T	29.8T	20.6T	23.7T	24.9T
Accounts Payable	8.4T	13.6T	19.9T	13.7T	19.3T	20.3T
Cash	5.1T	14.6T	15.4T	12.3T	14.1T	8.3T
Non Current Assets Total	116.6T	192.6T	229.1T	213.7T	240.7T	252.7T
Non Currrent Assets Other	3.1T	24.2T	32.2T	61.6T	48.4T	50.8T
Other Assets	10.4T	13.2T	35.9T	17.2T	19.8T	20.8T
Cash And Short Term Investments	7.3T	16.2T	16.6T	14.2T	14.9T	10.8T
Net Receivables	8.8T	24.7T	46.0T	39.1T	20.4T	11.9T
Short Term Investments	2.2T	1.6T	1.2T	1.9T	852B	809.4B
Liabilities And Stockholders Equity	139.4T	244.3T	306.4T	282.3T	301.3T	152.3T
Non Current Liabilities Total	65.3T	120.2T	130.5T	135.6T	151.7T	159.3T
Inventory	5.1T	8.4T	11.9T	10.8T	10.0T	5.1T
Other Current Assets	1.7T	2.3T	2.8T	4.6T	15.3T	16.0T
Other Stockholder Equity	8.6T	8.8T	9.9T	11.5T	5.9T	5.6T
Total Liab	83.6T	150.5T	187.3T	179.2T	191.4T	200.9T
Property Plant And Equipment Gross	98.8T	126.5T	143.9T	268.7T	309.0T	324.5T
Total Current Assets	22.8T	51.7T	77.3T	68.6T	60.6T	32.3T
Accumulated Other Comprehensive Income	17.6T	22.0T	24.7T	26.1T	30.1T	31.6T
Intangible Assets	555B	15.0T	18.1T	14.7T	16.4T	17.2T
Property Plant Equipment	93.7T	98.8T	126.5T	143.9T	165.5T	173.8T
Short Long Term Debt Total	46.7T	95.1T	115.1T	105.8T	120.0T	126.0T
Current Deferred Revenue	4.5T	1.2T	1.3T	2.4T	2.8T	3.0T
Long Term Debt	41.8T	85.9T	92.9T	89.2T	102.6T	107.7T
Good Will	1.6T	5.5T	6.6T	4.6T	6.7T	3.5T
Short Term Debt	4.9T	9.2T	22.2T	15.6T	11.3T	6.4T
Net Tangible Assets	55.9T	55.0T	51.5T	51.3T	58.9T	47.0T
Long Term Investments	4.1T	9.7T	11.1T	8.8T	10.1T	5.9T
Short Long Term Debt	4.9T	9.2T	22.2T	14.4T	16.6T	17.4T
Long Term Debt Total	33.2T	41.8T	85.9T	92.9T	106.9T	55.6T

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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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

(0.08)

Earnings Share

1.6

Revenue Per Share

32.4 K

Return On Assets

0.0801

Return On Equity

0.1841

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.

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Ecopetrol Short Term Investments vs Total Current Liabilities Analysis

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Current Liabilities

Ecopetrol fundamental ratios Correlations

Ecopetrol Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ecopetrol fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Current Assets	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Non Current Assets Total

Other Liab	- 0.74	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.69	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.65	Common Stock Total Equity
Other Assets	- 0.64	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.62	Other Liab
Inventory	- 0.61	Common Stock Shares Outstanding