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
DateValue
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