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

Abstract

Abstract: Financial instruments are tools used by companies in three main aspects: for financing, investment or private use. The present work allows analyzing the use of financial instruments in the profitability of companies in the Guayaquil canton of the province of Guayas in the period 2017-2021. For this research, the non-experimental research design was applied, which consists of observing the variables as they occur; first, the financial instruments used were identified, both in assets, liabilities and equity in the years of study; the financial instruments of the companies were precisely identified and their behavior was analyzed. This research will present results by economic sector, by size of the company, by years of permanence of the company in the market. To determine the incidence of the balance sheets, an analysis was made with financial indexes such as ROA and ROE; once the results were tabulated, it was determined that the mentioned instruments have a high correlation of 0.75.