ECEcopetrol S.A.

$16.52

Is it safe?

Can EC take a bad year?

Ecopetrol S.A. carries $107.17T of net debt at 2.02× EBITDA: a load its earnings can carry.

$107.17T

Net debt · as at Q4 2023 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.02×

Net debt / EBITDA

Interest cover
4.54×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
38%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ4 2023
$121.37T
Cash and short-term investments
$14.20T
Net debt
$107.17T
EBITDA, trailing twelve months
$53.11T
Operating profit, trailing twelve months
$39.67T
Debt / equity
1.60×
Total debt / EBITDA
2.29×
Annualised volatilitytwo years of daily moves
38%
Worst drawdown on file
−73%
Below its 52-week high
−7.6%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.