Dinámicas de la madurez de la deuda y desempeño financiero en las PYMES Ecuatorianas del subsector CIIU B06 - Extacción de Petróleo Crudo y Gas Natural, durante el período 2018 a 2022

Abstract

Abstract: This study investigates the interactions between debt maturity and financial performance in small and medium-sized enterprises (SMEs) in Ecuador that are part of the CIIU B06 Crude Oil and Natural Gas Extraction subsector, during the period between 2018 and 2022. The research is conducted using a descriptive and quantitative approach, based on financial data that SMEs have reported to the country's tax and accounting control entities. It analyzes how debt is structured with respect to its maturity whether short- or long-term and identifies a significant tendency toward short-term debt as the predominant strategy, which can significantly influence the liquidity and financial risk faced by these companies. Furthermore, financial performance is evaluated using metrics such as return on assets, return on equity, and coverage and investment ratios, which facilitates the assessment of operating efficiency based on liability management.