Análisis de indicadores financieros y quiebra empresarial en las empresas del subsector G464 venta al por mayor de enseres domésticos, en el periodo 2018-2020

Abstract

Abstract: This research focused on examining the probability of bankruptcy in the sales subsector wholesale of household goods nationwide. Prediction models were applied of Altman, Ohlson and Zmijewski with the purpose of classifying each company according to its level of risk and determine the factors that influence the financial failure of the industry. The methodology was based on collecting updated financial information from the Superintendency of Companies, Securities and Insurance, using a sample of 196 selected companies during the period 2018-2020. The results indicated that, on average, the sector is in a safe situation, since 47% of the companies were classified as solvents according to the Altman model, and 51% according to the Ohlson and Zmijewski models. It was also identified that financial indicators such as leverage, profitability, The size of the company and current liquidity have a direct or indirect impact on the probability of bankruptcy.