Ecopetrol Historical Cash Flow
| EC Stock | USD 11.57 0.06 0.52% |
Analysis of Ecopetrol cash flow over time is an excellent tool to project Ecopetrol SA ADR future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Dividends Paid of 7.4 T or Capital Expenditures of 25.3 T as it is a great indicator of Ecopetrol ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Ecopetrol SA ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ecopetrol SA ADR is a good buy for the upcoming year.
Ecopetrol |
About Ecopetrol Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Ecopetrol balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Ecopetrol's non-liquid assets can be easily converted into cash.
Ecopetrol Cash Flow Chart
Ecopetrol Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Ecopetrol SA ADR Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At present, Ecopetrol's Other Non Cash Items is projected to increase significantly based on the last few years of reporting. The current year's Dividends Paid is expected to grow to about 7.4 T, whereas Change In Cash is projected to grow to (2.9 T). Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Ecopetrol SA ADR to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ecopetrol operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Ecopetrol's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Ecopetrol SA ADR current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At present, Ecopetrol's Other Non Cash Items is projected to increase significantly based on the last few years of reporting. The current year's Dividends Paid is expected to grow to about 7.4 T, whereas Change In Cash is projected to grow to (2.9 T).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 13.3T | 21.9T | 24.1T | 25.3T | Dividends Paid | 2.8T | 13.4T | 5.6T | 7.4T |
Ecopetrol cash flow statement Correlations
Click cells to compare fundamentals
Ecopetrol Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ecopetrol cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 764B | (2.0T) | 9.5T | 851B | (3.1T) | (2.9T) | |
| Free Cash Flow | 13.7T | (1.9T) | 9.2T | 14.4T | (8.5T) | (8.1T) | |
| Begin Period Cash Flow | 6.3T | 7.1T | 5.1T | 14.6T | 15.4T | 16.2T | |
| Other Cashflows From Financing Activities | (1.8T) | 6.5T | 10.1T | (5.1T) | (533.6B) | (506.9B) | |
| Other Non Cash Items | 9.1T | 8.1T | 11.0T | 5.2T | 59.7T | 62.7T | |
| Dividends Paid | 13.9T | 8.7T | 2.8T | 13.4T | 5.6T | 7.4T | |
| Capital Expenditures | 14.0T | 11.1T | 13.3T | 21.9T | 24.1T | 25.3T | |
| Net Income | 13.3T | 1.7T | 16.7T | 33.4T | 19.1T | 10.3T | |
| Total Cash From Financing Activities | (17.2T) | (2.6T) | 7.0T | (18.9T) | 6.2T | 6.5T | |
| End Period Cash Flow | 7.1T | 5.1T | 14.6T | 15.4T | 12.3T | 7.4T | |
| Total Cash From Operating Activities | 27.7T | 9.2T | 22.5T | 36.2T | 15.6T | 16.8T | |
| Change To Inventory | (597.6B) | 716.1B | (3.0T) | (2.8T) | 808.1B | 848.5B | |
| Stock Based Compensation | (8.6T) | (9.3T) | (10.2T) | (49.4T) | (44.5T) | (42.3T) | |
| Change In Working Capital | 784B | (2.4T) | (12.7T) | (31.5T) | (28.7T) | (27.2T) | |
| Depreciation | 8.6T | 9.3T | 10.2T | 12.1T | 14.3T | 15.0T | |
| Change To Account Receivables | 2.4T | 678.3B | (9.5T) | (28.5T) | (22.2T) | (21.1T) | |
| Change To Liabilities | (472.1B) | (58.7B) | (20.3B) | (3.8T) | 3.1T | 0.0 | |
| Sale Purchase Of Stock | (1.6T) | (5.0T) | (11.3T) | (16.4T) | (44.8B) | (47.0B) | |
| Investments | (10.0T) | (8.5T) | 1.6T | (18.1T) | (20.0T) | (19.0T) | |
| Net Borrowings | (8.8T) | (1.5T) | 8.5T | 13.1T | 15.0T | 15.8T | |
| Total Cashflows From Investing Activities | (10.0T) | (8.5T) | (20.5T) | (18.1T) | (16.3T) | (17.1T) | |
| Change To Operating Activities | (581.4B) | (980.4B) | (2.4T) | (12.7T) | (11.4T) | (10.8T) | |
| Other Cashflows From Investing Activities | 670.8B | 456B | 472B | 3.8T | 4.4T | 4.6T | |
| Change To Netincome | 3.8T | 560B | 8.4T | 22.3T | 25.7T | 27.0T |
Ecopetrol Investors Sentiment
The influence of Ecopetrol's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ecopetrol. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ecopetrol's public news can be used to forecast risks associated with an investment in Ecopetrol. The trend in average sentiment can be used to explain how an investor holding Ecopetrol can time the market purely based on public headlines and social activities around Ecopetrol SA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ecopetrol's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ecopetrol's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ecopetrol's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ecopetrol.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ecopetrol in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ecopetrol's short interest history, or implied volatility extrapolated from Ecopetrol options trading.
Pair Trading with Ecopetrol
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ecopetrol position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ecopetrol will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ecopetrol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecopetrol when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ecopetrol - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ecopetrol SA ADR to buy it.
The correlation of Ecopetrol is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ecopetrol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecopetrol SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ecopetrol can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ecopetrol SA ADR information on this page should be used as a complementary analysis to other Ecopetrol's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Ecopetrol Stock analysis
When running Ecopetrol's price analysis, check to measure Ecopetrol's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ecopetrol is operating at the current time. Most of Ecopetrol's value examination focuses on studying past and present price action to predict the probability of Ecopetrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopetrol's price. Additionally, you may evaluate how the addition of Ecopetrol to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is Ecopetrol's industry 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 (0.38) | Earnings Share 2.59 | Revenue Per Share 34.8 K | Quarterly Revenue Growth (0.12) | Return On Assets 0.0881 |
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.