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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	14,054,475	12,336,115	15,401,058	14,549,906	5,082,308
Short-Term Investments	-	851,543	1,860,928	1,162,127	1,627,150	2,194,651
Cash & Short-Term Investments	14,906,018	14,906,018	14,197,043	16,563,185	16,177,056	7,276,959
Cash Growth	-11.64%	4.99%	-14.29%	2.39%	122.30%	-16.36%
Accounts Receivable	-	19,261,991	31,875,055	38,007,100	17,377,025	4,398,802
Other Receivables	-	12,601,829	9,546,666	8,002,291	7,345,659	4,396,585
Receivables	-	31,863,911	41,421,805	46,010,478	24,724,070	8,802,480
Inventory	-	10,027,831	10,202,448	11,880,034	8,398,212	5,053,960
Prepaid Expenses	-	1,595,206	789,029	693,341	549,456	369,979
Other Current Assets	-	2,249,126	2,004,781	2,129,807	1,846,953	1,330,996
Total Current Assets	-	60,642,092	68,615,106	77,276,845	51,695,747	22,834,374
Property, Plant & Equipment	-	156,100,763	141,229,071	143,948,921	126,483,048	98,820,383
Long-Term Investments	-	13,040,780	8,790,479	11,060,344	9,664,770	4,051,636
Goodwill	-	4,905,309	4,606,191	5,109,637	4,686,324	1,594,279
Other Intangible Assets	-	16,413,285	14,714,809	18,146,605	15,508,516	555,043
Long-Term Accounts Receivable	-	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	-	5,769,490	5,387,638	4,711,081	3,887,982	2,112,587
Total Assets	-	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Accounts Payable	-	15,137,558	13,769,585	15,102,556	10,536,858	6,564,225
Accrued Expenses	-	3,648,492	3,333,943	3,084,060	2,590,367	2,262,940
Short-Term Debt	-	829,334	683,949	815,056	1,483,701	1,277,046
Current Portion of Long-Term Debt	-	10,108,171	14,523,923	21,106,508	7,434,059	3,418,817
Current Portion of Leases	-	350,439	342,136	277,019	288,523	227,483
Current Income Taxes Payable	-	2,769,379	2,869,225	7,630,901	2,152,104	1,243,883
Other Current Liabilities	-	6,792,098	8,040,616	8,766,238	5,763,119	3,288,049
Total Current Liabilities	-	39,635,471	43,563,377	56,782,338	30,248,731	18,282,443
Long-Term Debt	-	107,521,054	89,225,019	92,000,929	84,978,069	40,980,693
Long-Term Leases	-	1,156,033	1,040,500	935,327	876,576	827,715
Long-Term Deferred Tax Liabilities	-	11,996,394	11,118,876	11,872,451	10,850,463	1,639,206
Other Long-Term Liabilities	-	17,052,566	19,020,503	15,479,870	15,806,213	12,063,219
Total Liabilities	-	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
Additional Paid-In Capital	-	6,607,699	6,607,699	6,607,699	6,607,699	6,607,699
Retained Earnings	-	40,524,960	38,519,841	43,839,949	25,483,887	10,305,036
Comprehensive Income & Other	-	11,524,173	8,224,452	15,546,989	11,357,894	7,947,062
Total Common Equity	83,696,899	83,696,899	78,392,059	91,034,704	68,489,547	49,899,864
Minority Interest	-	26,279,096	24,706,745	28,052,346	22,094,225	3,599,499
Shareholders' Equity	109,975,995	109,975,995	103,098,804	119,087,050	90,583,772	53,499,363
Total Liabilities & Equity	-	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Total Debt	119,965,031	119,965,031	105,815,527	115,134,839	95,060,928	46,731,754
Net Cash (Debt)	-105,059,013	-105,059,013	-91,618,484	-98,571,654	-78,883,872	-39,454,795
Net Cash Per Share	-2555.14	-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	-	21,006,621	25,051,729	20,494,507	21,447,016	4,551,931
Book Value Per Share	2035.59	2035.59	1906.57	2214.06	1665.74	1213.62
Tangible Book Value	62,378,305	62,378,305	59,071,059	67,778,462	48,294,707	47,750,542
Tangible Book Value Per Share	1517.10	1517.10	1436.67	1648.44	1174.58	1161.34
Land	-	5,136,077	4,832,650	5,199,069	4,800,297	4,112,826
Buildings	-	19,529,757	16,668,026	15,354,065	9,660,227	8,412,469
Machinery	-	63,139,467	54,852,955	62,763,108	57,452,843	51,088,781
Construction In Progress	-	18,273,810	15,490,281	13,432,616	10,566,114	7,514,228

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.