Dinámicas de la madurez de la deuda y desempeño financiero en las PYMES ecuatorianas del sector CIIU K Actividades Financieras y de Seguros durante el Período, 2018 a 2022.

Abstract

Abstract: Applied research conducted on Ecuadorian SMEs in the CIIU K sector (Financial and Insurance Activities) aims to analyze the dynamics of debt maturity and financial performance from 2018 to 2022 by examining key financial indicators. The study employed a quantitative methodology, combining exploratory and descriptive approaches. The sample included 59 SMEs, consisting of 34 medium-sized and 25 small enterprises. Key findings show that 69.49% of the SMEs in the financial sector, primarily located in the Sierra region, have been operating for over 21 years, and 66.86% of their financing relies on short-term debt. Furthermore, analysis of financial indicators revealed that the maturity structure shows only a weak correlation with ROA (0.0175) and ROE (0.0368). The study concludes that SMEs faced a high liquidity risk in 2022, and it is therefore recommended that these firms increase their use of equity capital to finance their operations, thereby improving financial resilience.