Ecopetrol Sa Adr Stock Current Ratio
| EC Stock | USD 11.69 0.04 0.34% |
Ecopetrol SA ADR fundamentals help investors to digest information that contributes to Ecopetrol's financial success or failures. It also enables traders to predict the movement of Ecopetrol Stock. The fundamental analysis module provides a way to measure Ecopetrol's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ecopetrol stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.58 | 1.64 |
Ecopetrol | Current Ratio |
Ecopetrol SA ADR Company Current Ratio Analysis
Ecopetrol's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ecopetrol Current Ratio | 1.46 X |
Most of Ecopetrol's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ecopetrol SA ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ecopetrol Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Ecopetrol is extremely important. It helps to project a fair market value of Ecopetrol Stock properly, considering its historical fundamentals such as Current Ratio. Since Ecopetrol's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ecopetrol's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ecopetrol's interrelated accounts and indicators.
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Ecopetrol Current Ratio Historical Pattern
Today, most investors in Ecopetrol Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ecopetrol's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ecopetrol current ratio as a starting point in their analysis.
Ecopetrol Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Ecopetrol SA ADR has a Current Ratio of 1.46 times. This is 4.29% higher than that of the Oil, Gas & Consumable Fuels sector and 9.88% lower than that of the Energy industry. The current ratio for all United States stocks is 32.41% higher than that of the company.