Dinámicas de la madurez de la deuda y desempeño financiero en las Pymes ecuatorianas del subsector CIIU G46 comercio al por mayor, excepto el de vehículos automotores y motocicletas, durante el periodo, 2018 a 2022

Abstract

Abstract: The objective of this research is to examine the financial structure of Ecuadorian SMEs within the ISIC Subsector G46 Wholesale Trade, Except of Motor Vehicles and Motorcycles, in terms of debt maturity between 2018 and 2022, in order to determine the relationship between these financial decisions, the macroeconomic environment in which they operate, and their financial performance. The methodology employed was descriptive-exploratory, as it focused on the analysis of financial indicators pertaining to SMEs. The results show that a debt maturity structure of 29% in 2022 indicates a higher concentration of short-term debt. When compared with a leverage ratio of 0.59, it reflects a moderate dependence on external financing distribution. In contrast, the firm size index of 14.23 suggests that these SMEs have reached a level of operational consolidation, reflecting a moderately efficient use of assets. It is concluded that there is a direct correlation between financial indicators and the structure of debt maturity.