Ecopetrol Accounts Payable from 2010 to 2025
| EC Stock | USD 10.35 0.27 2.68% |
Accounts Payable | First Reported 2006-12-31 | Previous Quarter 11.8 T | Current Value 12.4 T | Quarterly Volatility 6.1 T |
Check Ecopetrol financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ecopetrol's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16 T, Interest Expense of 11 T or Selling General Administrative of 7.9 T, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.23 or PTB Ratio of 0.81. Ecopetrol financial statements analysis is a perfect complement when working with Ecopetrol Valuation or Volatility modules.
Ecopetrol | Accounts Payable |
Latest Ecopetrol's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Ecopetrol SA ADR over the last few years. An accounting item on the balance sheet that represents Ecopetrol obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ecopetrol SA ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Ecopetrol's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ecopetrol's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Ecopetrol Accounts Payable Regression Statistics
| Arithmetic Mean | Huge | |
| Geometric Mean | 5,436,518,284,221 | |
| Coefficient Of Variation | 53.07 | |
| Mean Deviation | 4,254,254,986,461 | |
| Median | 9,539,934,000,000 | |
| Standard Deviation | 5,635,934,889,355 | |
| Sample Variance | 31763762077054.6T | |
| Range | 20.3T | |
| R-Value | 0.84 | |
| Mean Square Error | 10058196735827.5T | |
| R-Squared | 0.70 | |
| Significance | 0.000048 | |
| Slope | 993,570,028,993 | |
| Total Sum of Squares | 476456431155818.4T |
Ecopetrol Accounts Payable History
About Ecopetrol Financial Statements
Ecopetrol stakeholders use historical fundamental indicators, such as Ecopetrol's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Ecopetrol investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ecopetrol's assets and liabilities are reflected in the revenues and expenses on Ecopetrol's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ecopetrol SA ADR. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 19.3 T | 20.3 T |
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Check out the analysis of Ecopetrol Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 (0.08) | Earnings Share 1.65 | Revenue Per Share | Return On Assets | Return On Equity |
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.