Dinámicas de la madurez de la deuda y desempeño financiero en las PYMES ecuatorianas del subsector Q86 - Actividades de atención de la Salud Humana, durante el periodo 2018-2022

Abstract

Abstract: This research aims to determine debt maturity and financial performance in Ecuadorian SMEs in subsector Q86 - Human Health Care Activities, during the period 2018-2022. The methodology for this research is quantitative, and the research design is non-experimental correlational, using official data from the Superintendency of Companies, Securities and Insurance. The results obtained demonstrated that medium, small, and micro enterprises have limited access to long-term credit, showing that their financial obligations are primarily short-term. Regarding financial performance, ROA, ROE, and liquidity confirm that debt maturity is a determining factor in the financial performance and sustainability of these companies. Therefore, it was evident that only 15% of SMEs have long-term debt, which allows for better economic solvency. And 85% of SMEs demonstrate short-term debt, which limits their investment capacity and makes them more vulnerable to economic crises, although marked differences persist among companies.