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Ecopetrol (Ecopetrol) Debt-to-Revenue : 0.76 (As of Dec. 2023)


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What is Ecopetrol Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Ecopetrol's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,882 Mil. Ecopetrol's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22,536 Mil. Ecopetrol's annualized Revenue for the quarter that ended in Dec. 2023 was $34,752 Mil. Ecopetrol's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.


Ecopetrol Debt-to-Revenue Historical Data

The historical data trend for Ecopetrol's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ecopetrol Debt-to-Revenue Chart

Ecopetrol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.93 1.04 0.72 0.74

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.73 0.75 - 0.76

Competitive Comparison of Ecopetrol's Debt-to-Revenue

For the Oil & Gas Integrated subindustry, Ecopetrol's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecopetrol's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ecopetrol's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ecopetrol's Debt-to-Revenue falls into.



Ecopetrol Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Ecopetrol's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3882.329 + 22536.35) / 35749.763
=0.74

Ecopetrol's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3882.329 + 22536.35) / 34751.948
=0.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Ecopetrol Debt-to-Revenue Related Terms

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Ecopetrol (Ecopetrol) Business Description

Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.