Incidencia del nivel de endeudamiento en el desempeño financiero de las empresas del sector F Construcción del Ecuador, período 2015 2020

Abstract

Abstract:The construction sector is a significant component for economic progress, however, the health emergency generated by COVID-19 has led to the disappearance of companies from many sectors, some have been maintained based on external financing, compromising their level of profitability, such is the case of the construction sector, that is why it was important to analyze the incidence of the level of indebtedness in the financial performance of companies in the Construction sector of Ecuador, for the study an econometric model of panel data. The sample used was 418 companies, registered in the Superintendency of Companies, Securities and Insurance of Ecuador system. The results determined that: asset and equity indebtedness have a significant inverse relationship with ROA and ROE; generating financial risks for companies, especially for companies that in recent years invested external capital and paralyzed activities due to the pandemic, which caused losses in the year and therefore affected the profitability of their assets.