Dinámicas de la madurez de la deuda y desempeño financiero en las PYMES ecuatorianas del subsector CIIU J63 actividades de servicios de información, durante el periodo 2018 2022.

Abstract

Abstract: Access to financing is a challenge for SMEs in emerging economies, especially in dynamic sectors such as information, where dependence on short-term debt can affect liquidity and profitability. In this context, the objective of this study was to examine the financial structure of Ecuadorian SMEs in the ISIC J63 subsector, analyzing debt maturity between 2018 and 2022 and its relationship with the macroeconomic environment and financial performance. The research was quantitative and non-experimental, based on descriptive and correlational statistical analysis, using data from 11 companies. The results show a strong concentration of financing in current debt, a negative correlation between leverage and ROA, and a positive relationship between asset maturity and long-term debt. It was also found that a stable macroeconomic environment favors liquidity but does not significantly boost profitability. Therefore, it is concluded that the sustainability of the subsector depends on improving access to longer-term financing and strengthening capital and financial risk management.