Analysis of financial indicators in the commercial sector of the province of Santa Elena

Abstract

This study examines how the financial indicators have evolved in the commercial area of the province of Santa Elena during the years 2018 to 2022. The main purpose is the analysis of the relevant financial indicators for the sector. The methodology adopted a quantitative approach at a descriptive level, non-experimental and longitudinal design, based on secondary sources, and uses bibliographic, documentary and analytical methods. The findings reveal that commercial companies have liquidity greater than 1, show high inventory turnover rates and accounts receivable, although their debt level is between 70% and 80%. It is concluded that these companies have the capacity to meet short-term commitments, relying mainly on the sale and rotation of inventory and the management of accounts receivable. Despite the low propensity for debt due to dependence on estremal financing, the sector proves to be highly profitable, with profits derive mainly from investmennt in assets.