• Ecopetrol S.A average current ratio for 2023 was 1.35, a 2.17% increase from 2022.
• Ecopetrol S.A average current ratio for 2022 was 1.38, a 12.1% decline from 2021.
• Ecopetrol S.A average current ratio for 2021 was 1.57, a 44.04% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.