Ecopetrol S.A. (BVC: ECOPETROL)

Ecopetrol Balance Sheet

Financials in millions COP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	14,098,591	12,336,115	15,401,058	14,549,906	5,082,308	7,075,758
Short-Term Investments	2,239,250	1,860,928	1,162,127	1,627,150	2,194,651	1,624,018
Cash & Short-Term Investments	16,337,841	14,197,043	16,563,185	16,177,056	7,276,959	8,699,776
Cash Growth	18.19%	-14.29%	2.39%	122.31%	-16.35%	-25.21%
Accounts Receivable	20,255,956	32,031,819	38,007,100	17,377,025	4,398,802	5,106,953
Other Receivables	10,542,369	9,389,902	8,002,291	7,345,659	4,396,585	2,112,188
Receivables	30,798,326	41,421,805	46,010,478	24,724,070	8,802,480	7,276,157
Inventory	10,907,231	10,202,448	11,880,034	8,398,212	5,053,960	5,658,099
Prepaid Expenses	1,415,293	789,029	693,341	549,456	369,979	272,007
Other Current Assets	2,393,313	2,004,781	2,129,807	1,846,953	1,330,996	1,458,422
Total Current Assets	61,852,004	68,615,106	77,276,845	51,695,747	22,834,374	23,364,461
Property, Plant & Equipment	147,421,298	141,229,071	143,948,921	126,483,048	98,820,383	93,743,845
Long-Term Investments	12,765,050	8,790,479	11,060,344	9,664,770	4,051,636	6,600,346
Goodwill	4,787,694	4,606,191	5,109,637	4,686,324	1,594,279	1,159,922
Other Intangible Assets	15,716,327	14,714,809	18,146,605	15,508,516	555,043	483,098
Long-Term Accounts Receivable	28,444,747	26,548,876	28,905,706	21,475,036	51,955	52,819
Long-Term Deferred Tax Assets	-	12,902,701	17,210,033	9,024,858	7,673,912	6,809,347
Other Long-Term Assets	21,480,491	4,730,117	4,711,081	3,887,982	2,112,587	1,582,801
Total Assets	292,711,295	282,280,588	306,369,507	242,426,616	137,694,169	133,890,296
Accounts Payable	12,420,573	13,769,585	15,102,556	10,536,858	6,564,225	10,689,246
Accrued Expenses	3,610,186	3,333,943	3,084,060	2,590,367	2,262,940	2,718,384
Short-Term Debt	781,528	683,949	815,056	1,483,701	1,277,046	1,108,403
Current Portion of Long-Term Debt	10,714,323	14,523,923	21,106,508	7,434,059	3,418,817	3,667,038
Current Portion of Leases	335,313	342,136	277,019	288,523	227,483	236,732
Current Income Taxes Payable	1,963,908	2,869,225	7,630,901	2,152,104	1,243,883	2,570,779
Other Current Liabilities	7,095,299	8,040,616	8,766,238	5,763,119	3,288,049	751,717
Total Current Liabilities	36,921,130	43,563,377	56,782,338	30,248,731	18,282,443	21,742,299
Long-Term Debt	103,533,422	89,463,606	92,000,929	84,978,069	40,980,693	32,172,744
Long-Term Leases	1,023,595	801,913	935,327	876,576	827,715	1,054,222
Long-Term Deferred Tax Liabilities	-	11,118,876	11,872,451	10,850,463	1,639,206	1,328,831
Other Long-Term Liabilities	31,478,177	19,020,503	15,479,870	15,806,213	12,063,219	9,808,595
Total Liabilities	187,789,725	179,181,784	187,282,457	151,842,844	84,194,806	75,658,668
Common Stock	25,040,067	25,040,067	25,040,067	25,040,067	25,040,067	25,040,067
Additional Paid-In Capital	6,607,699	6,607,699	6,607,699	6,607,699	6,607,699	6,607,699
Retained Earnings	36,625,741	38,519,841	43,839,949	25,483,887	10,305,036	16,119,364
Comprehensive Income & Other	10,000,746	8,224,452	15,546,989	11,357,894	7,947,062	6,646,660
Total Common Equity	78,274,253	78,392,059	91,034,704	68,489,547	49,899,864	54,413,790
Minority Interest	26,647,317	24,706,745	28,052,346	22,094,225	3,599,499	3,817,838
Shareholders' Equity	104,921,570	103,098,804	119,087,050	90,583,772	53,499,363	58,231,628
Total Liabilities & Equity	292,711,295	282,280,588	306,369,507	242,426,616	137,694,169	133,890,296
Total Debt	116,388,181	105,815,527	115,134,839	95,060,928	46,731,754	38,239,139
Net Cash (Debt)	-100,050,340	-91,618,484	-98,571,654	-78,883,872	-39,454,795	-29,539,363
Net Cash Per Share	-2433.33	-2228.26	-2397.36	-1918.54	-959.58	-718.43
Filing Date Shares Outstanding	41,117	41,117	41,117	41,117	41,117	41,117
Total Common Shares Outstanding	41,117	41,117	41,117	41,117	41,117	41,117
Working Capital	24,930,874	25,051,729	20,494,507	21,447,016	4,551,931	1,622,162
Book Value Per Share	1903.71	1906.57	2214.06	1665.74	1213.62	1323.40
Tangible Book Value	57,770,232	59,071,059	67,778,462	48,294,707	47,750,542	52,770,770
Tangible Book Value Per Share	1405.03	1436.67	1648.44	1174.58	1161.34	1283.44
Land	5,008,770	4,832,650	5,199,069	4,800,297	4,112,826	4,054,538
Buildings	18,040,403	16,668,026	15,354,065	9,660,227	8,412,469	8,157,945
Machinery	58,296,820	54,852,955	62,763,108	57,452,843	51,088,781	47,995,471
Construction In Progress	18,023,863	15,490,281	13,432,616	10,566,114	7,514,228	6,259,654

Source: S&P Capital IQ. Standard template. Financial Sources.