Ecopetrol S.A. (EC)

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	10,118,000	14,054,475	12,336,115	15,401,058	14,549,906	5,082,308
Short-Term Investments	4,222,000	851,543	1,860,928	1,162,127	1,627,150	2,194,651
Cash & Short-Term Investments	14,340,000	14,906,018	14,197,043	16,563,185	16,177,056	7,276,959
Cash Growth	-6.58%	4.99%	-14.29%	2.39%	122.30%	-16.36%
Accounts Receivable	13,797,000	19,261,991	31,875,055	38,007,100	17,377,025	4,398,802
Other Receivables	16,927,000	12,601,829	9,546,666	8,002,291	7,345,659	4,396,585
Receivables	30,724,000	31,863,911	41,421,805	46,010,478	24,724,070	8,802,480
Inventory	10,398,000	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	3,708,000	2,249,126	2,004,781	2,129,807	1,846,953	1,330,996
Total Current Assets	59,170,000	60,642,092	68,615,106	77,276,845	51,695,747	22,834,374
Property, Plant & Equipment	152,786,000	156,100,763	141,229,071	143,948,921	126,483,048	98,820,383
Long-Term Investments	12,613,000	13,040,780	8,790,479	11,060,344	9,664,770	4,051,636
Goodwill	6,519,000	4,905,309	4,606,191	5,109,637	4,686,324	1,594,279
Other Intangible Assets	15,130,000	16,413,285	14,714,809	18,146,605	15,508,516	555,043
Long-Term Accounts Receivable	34,566,000	27,889,155	25,891,355	28,905,706	21,475,036	51,955
Long-Term Deferred Tax Assets	13,826,000	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	294,610,000	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Accounts Payable	17,624,000	15,137,558	13,769,585	15,102,556	10,536,858	6,564,225
Accrued Expenses	2,988,000	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	15,640,000	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	1,938,000	2,769,379	2,869,225	7,630,901	2,152,104	1,243,883
Other Current Liabilities	2,499,000	6,792,098	8,040,616	8,766,238	5,763,119	3,288,049
Total Current Liabilities	40,689,000	39,635,471	43,563,377	56,782,338	30,248,731	18,282,443
Long-Term Debt	104,619,000	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	43,721,000	17,052,566	19,020,503	15,479,870	15,806,213	12,063,219
Total Liabilities	189,029,000	191,369,182	179,181,784	187,282,457	151,842,844	84,194,806
Common Stock	79,225,000	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	79,225,000	83,696,899	78,392,059	91,034,704	68,489,547	49,899,864
Minority Interest	26,356,000	26,279,096	24,706,745	28,052,346	22,094,225	3,599,499
Shareholders' Equity	105,581,000	109,975,995	103,098,804	119,087,050	90,583,772	53,499,363
Total Liabilities & Equity	294,610,000	301,345,177	282,280,588	306,369,507	242,426,616	137,694,169
Total Debt	120,259,000	119,965,031	105,815,527	115,134,839	95,060,928	46,731,754
Net Cash (Debt)	-105,919,000	-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	18,481,000	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	57,576,000	62,378,305	59,071,059	67,778,462	48,294,707	47,750,542
Tangible Book Value Per Share	1400.31	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 May 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q