Dinámicas de la madurez de la deuda y desempeño financiero en las PYMES ecuatorianas del subsector CIIU C27 fabricación de equipo eléctrico

Abstract

Abstract: This research aims to analyze the relationship between debt maturity and financial performance in Ecuadorian SMEs within the C27 subsector, which is related to the manufacture of electrical equipment. Specifically, it seeks to determine how the evolution of long-term debt correlates with financial performance. The methodology employed is a quantitative approach using secondary data from 95 companies in this sector. One of the most notable findings is that the majority of SMEs in Ecuador primarily hold short-term debt, with only a small percentage having medium- and long-term financing. However, the empirical evidence shows that companies with a higher proportion of long-term debt tend to have stronger financial indicators, demonstrating higher levels of profitability and liquidity. This underscores the importance of strategically planning debt structure to strengthen business sustainability. Therefore, dependence on short-term financing limits the investment capabilities and financial stability of SMEs, leading us to propose access to medium and long-term debt and the implementation of financial planning policies that contribute to consolidating the subsector and its competitiveness.