Ecopetrol S.A. (BVC:ECOPETROL)

Ecopetrol Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10,364,000	14,054,475	12,336,115	15,401,058	14,549,906	5,082,308
Short-Term Investments	3,370,000	851,543	1,860,928	1,162,127	1,627,150	2,194,651
Cash & Short-Term Investments	13,734,000	14,906,018	14,197,043	16,563,185	16,177,056	7,276,959
Cash Growth	-15.94%	4.99%	-14.29%	2.39%	122.30%	-16.36%
Accounts Receivable	12,839,000	19,261,991	31,875,055	38,007,100	17,377,025	4,398,802
Other Receivables	18,632,000	12,601,829	9,546,666	8,002,291	7,345,659	4,396,585
Receivables	31,471,000	31,863,911	41,421,805	46,010,478	24,724,070	8,802,480
Inventory	10,539,000	10,027,831	10,202,448	11,880,034	8,398,212	5,053,960
Prepaid Expenses	1,728,000	1,595,206	789,029	693,341	549,456	369,979
Other Current Assets	2,298,000	2,249,126	2,004,781	2,129,807	1,846,953	1,330,996
Total Current Assets	59,770,000	60,642,092	68,615,106	77,276,845	51,695,747	22,834,374
Property, Plant & Equipment	152,155,000	156,100,763	141,229,071	143,948,921	126,483,048	98,820,383
Long-Term Investments	11,751,000	13,040,780	8,790,479	11,060,344	9,664,770	4,051,636
Goodwill	4,658,000	4,905,309	4,606,191	5,109,637	4,686,324	1,594,279
Other Intangible Assets	14,494,000	16,413,285	14,714,809	18,146,605	15,508,516	555,043
Long-Term Accounts Receivable	30,497,000	27,889,155	25,891,355	28,905,706	21,475,036	51,955
Long-Term Deferred Tax Assets	12,275,000	16,236,977	12,902,701	17,210,033	9,024,858	7,673,912
Other Long-Term Assets	5,828,000	5,769,490	5,387,638	4,711,081	3,887,982	2,112,587
Total Assets	291,872,000	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Accounts Payable	11,550,000	15,137,558	13,769,585	15,102,556	10,536,858	6,564,225
Accrued Expenses	3,647,000	3,648,492	3,333,943	3,084,060	2,590,367	2,262,940
Short-Term Debt	1,372,000	829,334	683,949	815,056	1,483,701	1,277,046
Current Portion of Long-Term Debt	10,863,000	10,108,171	14,523,923	21,106,508	7,434,059	3,418,817
Current Portion of Leases	220,000	350,439	342,136	277,019	288,523	227,483
Current Income Taxes Payable	2,783,000	2,769,379	2,869,225	7,630,901	2,152,104	1,243,883
Other Current Liabilities	8,675,000	6,792,098	8,040,616	8,766,238	5,763,119	3,288,049
Total Current Liabilities	39,110,000	39,635,471	43,563,377	56,782,338	30,248,731	18,282,443
Long-Term Debt	101,186,000	107,521,054	89,225,019	92,000,929	84,978,069	40,980,693
Long-Term Leases	629,000	1,156,033	1,040,500	935,327	876,576	827,715
Pension & Post-Retirement Benefits	14,322,000	14,007,664	15,213,509	10,211,542	9,082,792	10,401,530
Long-Term Deferred Tax Liabilities	11,929,000	11,996,394	11,118,876	11,872,451	10,850,463	1,639,206
Other Long-Term Liabilities	17,686,000	17,052,566	19,020,503	15,479,870	15,806,213	12,063,219
Total Liabilities	184,862,000	191,369,182	179,181,784	187,282,457	151,842,844	84,194,806
Common Stock	25,040,000	25,040,067	25,040,067	25,040,067	25,040,067	25,040,067
Additional Paid-In Capital	6,608,000	6,607,699	6,607,699	6,607,699	6,607,699	6,607,699
Retained Earnings	39,228,000	40,524,960	38,519,841	43,839,949	25,483,887	10,305,036
Comprehensive Income & Other	9,838,000	11,524,173	8,224,452	15,546,989	11,357,894	7,947,062
Total Common Equity	80,714,000	83,696,899	78,392,059	91,034,704	68,489,547	49,899,864
Minority Interest	26,296,000	26,279,096	24,706,745	28,052,346	22,094,225	3,599,499
Shareholders' Equity	107,010,000	109,975,995	103,098,804	119,087,050	90,583,772	53,499,363
Total Liabilities & Equity	291,872,000	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Total Debt	114,270,000	119,965,031	105,815,527	115,134,839	95,060,928	46,731,754
Net Cash (Debt)	-100,536,000	-105,059,013	-91,618,484	-98,571,654	-78,883,872	-39,454,795
Net Cash Per Share	-2445.14	-2555.14	-2228.26	-2397.36	-1918.54	-959.58
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	20,660,000	21,006,621	25,051,729	20,494,507	21,447,016	4,551,931
Book Value Per Share	1963.05	2035.59	1906.57	2214.06	1665.74	1213.62
Tangible Book Value	61,562,000	62,378,305	59,071,059	67,778,462	48,294,707	47,750,542
Tangible Book Value Per Share	1497.25	1517.10	1436.67	1648.44	1174.58	1161.34
Land	4,918,000	5,136,077	4,832,650	5,199,069	4,800,297	4,112,826
Buildings	19,578,000	19,529,757	16,668,026	15,354,065	9,660,227	8,412,469
Machinery	61,152,000	63,139,467	54,852,955	62,763,108	57,452,843	51,088,781
Construction In Progress	18,394,000	18,273,810	15,490,281	13,432,616	10,566,114	7,514,228

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.