Dinámicas de la madurez de la deuda y desempeño financiero en las Pymes ecuatorianas del subsector C11elaboracion de bebidas durante el periodo, 2018 a 2022

Abstract

Abstract: The present study aims to analyze the maturity of debt and its relationship with the financial performance of SMEs in the ISIC C11 subsector - beverage manufacturing, in Ecuador during the period 2018-2022. The methodology used had a quantitative approach with a non-experimental and correlational design, on an analyzed sample composed of 22 organizations that met the inclusion and exclusion criteria, which was obtained from the databases of the Superintendence of Companies. Indicators of financial maturity and financial performance such as liquidity, ROA and ROE were generated. Among the main results it was observed that between 2018- 2022 the debt maturity level shows a reduction in the proportion of long-term debt, but with a strong and positive correlation with liquidity. However, the correlations between ROA and ROE levels and the maturity structure were almost null and not statistically significant, indicating that there are other factors, both internal and external to the SMEs that condition access to long-term financing and their profitability.