Ecopetrol (EC) Asset Writedowns and Impairment (2017 - 2023)
Ecopetrol's (EC) quarterly Asset Writedowns and Impairment came in at -$4.6 billion in Q3 2023, up 31.32% quarter-over-quarter from -$6.6 billion in Q2 2023.
Ecopetrol (EC) Asset Writedowns and Impairment (2017 - 2023) Analysis & Trends
Ecopetrol has disclosed Asset Writedowns and Impairment across 5 years of filings, most recently posting -$4.6 billion for Q3 2023.
- Asset Writedowns and Impairment for Q3 2023 came in at -$4.6 billion, changed N/A year-over-year; the trailing twelve-month figure through Sep 2023 was -$7.5 billion (changed N/A YoY), and the FY2017 annual result was -$3.0 billion, changed N/A from the prior year.
- Asset Writedowns and Impairment came in at -$4.6 billion for Q3 2023 at Ecopetrol, up from -$6.6 billion in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1207.9 billion in Q1 2020 to a low of -$6.6 billion in Q2 2023.
- The 4-year median for Asset Writedowns and Impairment is $1.2 billion (2021), against an average of $200.5 billion.
- Across the five-year window, Asset Writedowns and Impairment sank 99.8% in 2021 and jumped 49.36% in 2022, its largest moves.
- Ecopetrol's Asset Writedowns and Impairment stood at $1207.9 billion in 2020, then tumbled by 99.8% to $2.4 billion in 2021, then surged by 49.36% to $3.6 billion in 2022, then slumped by 227.14% to -$4.6 billion in 2023.
- The last three Asset Writedowns and Impairment figures came in at -$4.6 billion (Q3 2023), -$6.6 billion (Q2 2023), and $92.0 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn |
| 10 | Ecopetrol | - | - | 11,119.00 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -4.57 Bn |
| Sep 30, 2023 | -4.57 Bn |
| Jun 30, 2023 | -6.65 Bn |
| Jun 30, 2023 | -6.65 Bn |
| Mar 31, 2023 | 92.00 Mn |
| Mar 31, 2023 | 92.00 Mn |
| Mar 31, 2022 | 3.59 Bn |
| Mar 31, 2022 | 3.59 Bn |
| Mar 31, 2021 | 2.41 Bn |
| Mar 31, 2021 | 2.41 Bn |
| Mar 31, 2020 | 1,207.94 Bn |
| Mar 31, 2020 | 1,207.94 Bn |
| Sep 30, 2017 | -29.00 Bn |
| Sep 30, 2017 | -29.00 Bn |