Determinantes de la rentabilidad de las Pymes ecuatorianas: sector G475, periodo 2023

Abstract

Abstract:This study examines the factors influencing the profitability of Ecuadorian small and medium-sized enterprises (SMEs) in the G475 industrial sector for the year 2023. It is based on a quantitative, descriptive, and non-experimental approach, evaluating key financial indicators such as return on assets (ROA) and return on equity (ROE) in relation to other frameworks, including debt levels, liquidity, company size, and company age. The information was retrieved from the records of the Superintendency of Companies, Securities, and Insurance. The findings indicate that debt has a significant negative effect on ROA; furthermore, other variables have no statistically significant relationship with profitability. It was also found that the majority of these SMEs are located in the provinces of Guayas and Pichincha, with a predominance of micro and small limited enterprises. These results indicate that it is the financial structure, rather than the size or age of the business, that influences their performance, which is valuable for the development of public policies or business strategies.