Ecopetrol Total Stockholder Equity vs Net Working Capital Analysis

EC Stock

USD 7.89 0.06 0.75%

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 Total Stockholder Equity and its Net Working Capital 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.

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecopetrol SA ADR Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ecopetrol's Total Stockholder Equity and Net Working Capital is 0.63. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital 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 Total Stockholder Equity and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ecopetrol SA ADR are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Ecopetrol's Total Stockholder Equity and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Working Capital

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 Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 34.95, whereas Selling General Administrative is forecasted to decline to about 2.5 T.

	2021	2022	2023	2024 (projected)
Gross Profit	36.2T	70.0T	55.9T	58.7T
Total Revenue	91.7T	159.5T	143.1T	150.2T

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		0.5	0.19	0.49	0.64	0.4	0.59	0.46	0.27	0.61	0.55	0.54	0.28	0.33	0.53	0.35	0.58	0.02	0.43	0.46	0.2	0.04	0.45	0.51	0.44	0.27
Total Assets	0.5		0.66	0.96	0.76	0.89	0.71	0.95	0.75	0.79	0.81	0.87	0.71	0.79	0.74	0.96	0.48	-0.13	0.97	0.97	-0.09	-0.38	0.99	0.88	0.99	0.94
Other Current Liab	0.19	0.66		0.74	0.68	0.31	0.13	0.45	0.83	0.51	0.52	0.5	0.91	0.23	0.36	0.69	-0.26	-0.4	0.51	0.57	0.53	0.26	0.58	0.57	0.73	0.69
Total Current Liabilities	0.49	0.96	0.74		0.81	0.79	0.67	0.88	0.83	0.84	0.8	0.84	0.72	0.63	0.71	0.95	0.39	-0.19	0.88	0.94	-0.01	-0.29	0.93	0.81	0.97	0.9
Total Stockholder Equity	0.64	0.76	0.68	0.81		0.47	0.72	0.59	0.75	0.94	0.87	0.85	0.57	0.45	0.75	0.65	0.32	-0.2	0.6	0.67	0.3	0.04	0.66	0.53	0.74	0.63
Other Liab	0.4	0.89	0.31	0.79	0.47		0.69	0.94	0.54	0.61	0.62	0.75	0.45	0.9	0.61	0.88	0.69	0.02	0.95	0.94	-0.43	-0.66	0.93	0.85	0.85	0.85
Property Plant And Equipment Net	0.59	0.71	0.13	0.67	0.72	0.69		0.75	0.36	0.85	0.82	0.86	0.1	0.69	0.82	0.59	0.78	0.1	0.71	0.69	-0.32	-0.47	0.71	0.47	0.64	0.58
Net Debt	0.46	0.95	0.45	0.88	0.59	0.94	0.75		0.56	0.69	0.75	0.83	0.54	0.84	0.73	0.93	0.64	-0.01	0.99	0.95	-0.3	-0.56	0.98	0.86	0.93	0.91
Retained Earnings	0.27	0.75	0.83	0.83	0.75	0.54	0.36	0.56		0.7	0.65	0.64	0.71	0.44	0.54	0.78	0.06	-0.22	0.61	0.77	0.2	0.01	0.68	0.58	0.81	0.78
Accounts Payable	0.61	0.79	0.51	0.84	0.94	0.61	0.85	0.69	0.7		0.91	0.92	0.4	0.57	0.81	0.71	0.53	-0.14	0.67	0.75	0.01	-0.19	0.73	0.51	0.76	0.69
Cash	0.55	0.81	0.52	0.8	0.87	0.62	0.82	0.75	0.65	0.91		0.93	0.45	0.67	0.93	0.72	0.51	-0.07	0.74	0.74	0.0	-0.21	0.77	0.54	0.79	0.77
Non Current Assets Total	0.54	0.87	0.5	0.84	0.85	0.75	0.86	0.83	0.64	0.92	0.93		0.47	0.74	0.83	0.8	0.61	-0.13	0.83	0.83	-0.07	-0.33	0.85	0.64	0.83	0.81
Non Currrent Assets Other	0.28	0.71	0.91	0.72	0.57	0.45	0.1	0.54	0.71	0.4	0.45	0.47		0.34	0.31	0.71	-0.16	-0.37	0.61	0.62	0.44	0.1	0.65	0.77	0.74	0.69
Other Assets	0.33	0.79	0.23	0.63	0.45	0.9	0.69	0.84	0.44	0.57	0.67	0.74	0.34		0.64	0.73	0.61	-0.04	0.86	0.8	-0.38	-0.56	0.82	0.66	0.73	0.82
Cash And Short Term Investments	0.53	0.74	0.36	0.71	0.75	0.61	0.82	0.73	0.54	0.81	0.93	0.83	0.31	0.64		0.64	0.62	0.31	0.71	0.71	-0.21	-0.39	0.72	0.53	0.73	0.67
Net Receivables	0.35	0.96	0.69	0.95	0.65	0.88	0.59	0.93	0.78	0.71	0.72	0.8	0.71	0.73	0.64		0.41	-0.15	0.94	0.97	-0.13	-0.4	0.97	0.85	0.98	0.97
Common Stock Total Equity	0.58	0.48	-0.26	0.39	0.32	0.69	0.78	0.64	0.06	0.53	0.51	0.61	-0.16	0.61	0.62	0.41		0.37	0.58	0.56	-0.6	-0.68	0.54	0.44	0.41	0.35
Short Term Investments	0.02	-0.13	-0.4	-0.19	-0.2	0.02	0.1	-0.01	-0.22	-0.14	-0.07	-0.13	-0.37	-0.04	0.31	-0.15	0.37		-0.05	-0.05	-0.53	-0.47	-0.09	-0.04	-0.11	-0.21
Non Current Liabilities Total	0.43	0.97	0.51	0.88	0.6	0.95	0.71	0.99	0.61	0.67	0.74	0.83	0.61	0.86	0.71	0.94	0.58	-0.05		0.96	-0.25	-0.53	0.99	0.89	0.94	0.93
Inventory	0.46	0.97	0.57	0.94	0.67	0.94	0.69	0.95	0.77	0.75	0.74	0.83	0.62	0.8	0.71	0.97	0.56	-0.05	0.96		-0.21	-0.47	0.98	0.87	0.97	0.93
Other Current Assets	0.2	-0.09	0.53	-0.01	0.3	-0.43	-0.32	-0.3	0.2	0.01	0.0	-0.07	0.44	-0.38	-0.21	-0.13	-0.6	-0.53	-0.25	-0.21		0.9	-0.2	-0.08	-0.06	-0.1
Other Stockholder Equity	0.04	-0.38	0.26	-0.29	0.04	-0.66	-0.47	-0.56	0.01	-0.19	-0.21	-0.33	0.1	-0.56	-0.39	-0.4	-0.68	-0.47	-0.53	-0.47	0.9		-0.48	-0.43	-0.35	-0.35
Total Liab	0.45	0.99	0.58	0.93	0.66	0.93	0.71	0.98	0.68	0.73	0.77	0.85	0.65	0.82	0.72	0.97	0.54	-0.09	0.99	0.98	-0.2	-0.48		0.89	0.97	0.94
Property Plant And Equipment Gross	0.51	0.88	0.57	0.81	0.53	0.85	0.47	0.86	0.58	0.51	0.54	0.64	0.77	0.66	0.53	0.85	0.44	-0.04	0.89	0.87	-0.08	-0.43	0.89		0.87	0.78
Total Current Assets	0.44	0.99	0.73	0.97	0.74	0.85	0.64	0.93	0.81	0.76	0.79	0.83	0.74	0.73	0.73	0.98	0.41	-0.11	0.94	0.97	-0.06	-0.35	0.97	0.87		0.96
Intangible Assets	0.27	0.94	0.69	0.9	0.63	0.85	0.58	0.91	0.78	0.69	0.77	0.81	0.69	0.82	0.67	0.97	0.35	-0.21	0.93	0.93	-0.1	-0.35	0.94	0.78	0.96

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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

(0.28)

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.

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Ecopetrol Total Stockholder Equity vs Net Working Capital Analysis

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Working Capital

Ecopetrol fundamental ratios Correlations

Ecopetrol Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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

Other Stockholder Equity	- 0.68	Common Stock Total Equity
Other Stockholder Equity	- 0.66	Other Liab
Other Current Assets	- 0.6	Common Stock Total Equity
Other Stockholder Equity	- 0.56	Other Assets
Other Stockholder Equity	- 0.56	Net Debt
Other Stockholder Equity	- 0.53	Non Current Liabilities Total