Incidencia del uso de los instrumentos financieros en la rentabilidad de las empresas del cantón Ibarra de la provincia de Imbabura en el periodo 2017- 2021

Abstract

Abstract: Financial instruments are considered contracts that generate financial assets for one party and financial liabilities for the other, which involve the purchase and sale of financial instruments or raw materials. Financial assets grant future income rights to the buyer, while financial liabilities oblige the seller to pay income. The objective of the study is to determine the incidence of the use of financial instruments on the profitability of companies in the Ibarra canton of the province of Imbabura in the period 2017-2021. The research focused on the non-experimental and descriptive research design. No variables were manipulated and phenomena were observed in their natural environment. Financial data was analyzed using formulas such as ROA and ROE, and results were compared according to different criteria. The study population included companies active in the Ibarra canton, Ecuador, between 2017 and 2021. In the analysis of results, the financial instruments used were characterized, their behavior over time was examined, and their influence on the profitability of the companies was evaluated. companies in the Ibarra canton.