Ecopetrol Tax Provision from 2010 to 2025

EC Stock  USD 8.45  0.18  2.09%   
Ecopetrol's Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 22.8 T this year. Tax Provision is the amount set aside by Ecopetrol SA ADR to cover any estimated taxes for the current period. It reflects Ecopetrol's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
2.9 T
Current Value
3.2 T
Quarterly Volatility
1.8 T
 
Covid
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 16.7 T, Interest Expense of 11 T or Selling General Administrative of 5.8 T, as well as many indicators such as Price To Sales Ratio of 12.54, Dividend Yield of 0.0025 or PTB Ratio of 23.69. Ecopetrol financial statements analysis is a perfect complement when working with Ecopetrol Valuation or Volatility modules.
  
Check out the analysis of Ecopetrol Correlation against competitors.

Latest Ecopetrol's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Ecopetrol SA ADR over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Ecopetrol's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
4.6T1.9T7.6T17.318.921.722.8-59%307%127%9%15%5%100%
       Timeline  

Ecopetrol Tax Provision Regression Statistics

Arithmetic Mean7,249,662,333,438
Geometric Mean3,163,866,108,618
Coefficient Of Variation112.49
Mean Deviation6,512,796,166,797
Median4,655,495,000,000
Standard Deviation8,154,869,414,142
Sample Variance66501895161702.5T
Range22.2T
R-Value0.87
Mean Square Error17110543232975.8T
R-Squared0.76
Significance0.000011
Slope1,493,102,595,037
Total Sum of Squares997528427425537.8T

Ecopetrol Tax Provision History

202522.8 T
202421.7 T
202318.9 T
202217.3 T
20217.6 T
20201.9 T
20194.6 T

About Ecopetrol Financial Statements

Ecopetrol stakeholders use historical fundamental indicators, such as Ecopetrol's Tax Provision, 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 ReportedProjected for Next Year
Tax Provision21.7 T22.8 T

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Check out the analysis of Ecopetrol Correlation against competitors.
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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
(0.28)
Earnings Share
1.93
Revenue Per Share
32.4 K
Quarterly Revenue Growth
(0.01)
Return On Assets
0.079
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.
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