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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10,118,117	14,054,475	12,336,115	15,401,058	14,549,906	5,082,308
Short-Term Investments	4,222,324	851,543	1,860,928	1,162,127	1,627,150	2,194,651
Cash & Short-Term Investments	14,340,441	14,906,018	14,197,043	16,563,185	16,177,056	7,276,959
Cash Growth	-6.57%	4.99%	-14.29%	2.39%	122.30%	-16.36%
Accounts Receivable	12,518,715	19,261,991	31,875,055	38,007,100	17,377,025	4,398,802
Other Receivables	18,205,270	12,601,829	9,546,666	8,002,291	7,345,659	4,396,585
Receivables	30,724,044	31,863,911	41,421,805	46,010,478	24,724,070	8,802,480
Inventory	10,397,969	10,027,831	10,202,448	11,880,034	8,398,212	5,053,960
Prepaid Expenses	1,305,993	1,595,206	789,029	693,341	549,456	369,979
Other Current Assets	2,401,399	2,249,126	2,004,781	2,129,807	1,846,953	1,330,996
Total Current Assets	59,169,846	60,642,092	68,615,106	77,276,845	51,695,747	22,834,374
Property, Plant & Equipment	152,786,107	156,100,763	141,229,071	143,948,921	126,483,048	98,820,383
Long-Term Investments	12,612,897	13,040,780	8,790,479	11,060,344	9,664,770	4,051,636
Goodwill	4,749,472	4,905,309	4,606,191	5,109,637	4,686,324	1,594,279
Other Intangible Assets	15,130,454	16,413,285	14,714,809	18,146,605	15,508,516	555,043
Long-Term Accounts Receivable	30,094,652	27,889,155	25,891,355	28,905,706	21,475,036	51,955
Long-Term Deferred Tax Assets	-	16,236,977	12,902,701	17,210,033	9,024,858	7,673,912
Other Long-Term Assets	19,668,047	5,769,490	5,387,638	4,711,081	3,887,982	2,112,587
Total Assets	294,610,026	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Accounts Payable	11,409,398	15,137,558	13,769,585	15,102,556	10,536,858	6,564,225
Accrued Expenses	3,104,251	3,648,492	3,333,943	3,084,060	2,590,367	2,262,940
Short-Term Debt	1,412,270	829,334	683,949	815,056	1,483,701	1,277,046
Current Portion of Long-Term Debt	14,006,722	10,108,171	14,523,923	21,106,508	7,434,059	3,418,817
Current Portion of Leases	220,938	350,439	342,136	277,019	288,523	227,483
Current Income Taxes Payable	1,937,742	2,769,379	2,869,225	7,630,901	2,152,104	1,243,883
Other Current Liabilities	8,598,100	6,792,098	8,040,616	8,766,238	5,763,119	3,288,049
Total Current Liabilities	40,689,421	39,635,471	43,563,377	56,782,338	30,248,731	18,282,443
Long-Term Debt	103,994,201	107,521,054	89,225,019	92,000,929	84,978,069	40,980,693
Long-Term Leases	625,225	1,156,033	1,040,500	935,327	876,576	827,715
Long-Term Deferred Tax Liabilities	12,027,061	11,996,394	11,118,876	11,872,451	10,850,463	1,639,206
Other Long-Term Liabilities	17,332,181	17,052,566	19,020,503	15,479,870	15,806,213	12,063,219
Total Liabilities	189,029,158	191,369,182	179,181,784	187,282,457	151,842,844	84,194,806
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	36,664,340	40,524,960	38,519,841	43,839,949	25,483,887	10,305,036
Comprehensive Income & Other	10,912,869	11,524,173	8,224,452	15,546,989	11,357,894	7,947,062
Total Common Equity	79,224,975	83,696,899	78,392,059	91,034,704	68,489,547	49,899,864
Minority Interest	26,355,893	26,279,096	24,706,745	28,052,346	22,094,225	3,599,499
Shareholders' Equity	105,580,868	109,975,995	103,098,804	119,087,050	90,583,772	53,499,363
Total Liabilities & Equity	294,610,026	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Total Debt	120,259,356	119,965,031	105,815,527	115,134,839	95,060,928	46,731,754
Net Cash (Debt)	-105,918,915	-105,059,013	-91,618,484	-98,571,654	-78,883,872	-39,454,795
Net Cash Per Share	-2576.06	-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	18,480,425	21,006,621	25,051,729	20,494,507	21,447,016	4,551,931
Book Value Per Share	1926.83	2035.59	1906.57	2214.06	1665.74	1213.62
Tangible Book Value	59,345,049	62,378,305	59,071,059	67,778,462	48,294,707	47,750,542
Tangible Book Value Per Share	1443.33	1517.10	1436.67	1648.44	1174.58	1161.34
Land	4,990,602	5,136,077	4,832,650	5,199,069	4,800,297	4,112,826
Buildings	19,440,508	19,529,757	16,668,026	15,354,065	9,660,227	8,412,469
Machinery	61,556,297	63,139,467	54,852,955	62,763,108	57,452,843	51,088,781
Construction In Progress	18,417,545	18,273,810	15,490,281	13,432,616	10,566,114	7,514,228

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