Impact of the pandemic on the company Transpecarba S.A.: application of liquidity, indebtedness and profitability indicators.
Article Sidebar
Main Article Content
Abstract
The appearance of Covid-19 has sharply damaged the world economy. In Ecuador, the restrictive measures imposed by the pandemic had a great impact on the economy of the country's companies. Due to the changes present in the business environment with respect to the pandemic, most of the companies have incurred economic and financial problems, the worst case being the closure of their activities; it is then where the financial indicators intervene that would facilitate obtaining more accurate information regarding the business situation. The objective of the research is to analyze the economic and financial impact of Transpecarba S.A. through the financial indicators of liquidity, indebtedness and profitability, determining the situation of the entity in times of Covid-19. For this purpose, a descriptive methodology with a qualitative approach has been used, using the figures given by the financial statements to make the respective indicators, in addition to the interview that allowed us to have privileged information of the business situation. The results obtained according to each group of indicators allowed us to evidence the reality of each ratio, and by analyzing each one of them we were able to determine a favorable and unfavorable economic impact on the parameters studied.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Licensing Agreement
This journal provides free access to its content through its website following the principle that making research available free of charge to the public supports a larger exchange of global knowledge.
Web content of the journal is distributed under a Attribution-NonCommercial-ShareAlike 4.0 International.
References
de los Santos, V. H., & Reyes, Y. D. (2016). Fiscal sustainability. Priority in the agenda
of transformations of the Cuban economic model. Investigacion Economica,75 (298),
-184. https://doi.org/10.1016/j.inveco.2016.11.005
Díaz, J. F., Coba, E., & Navarrete, P. (2017). Fuzzy logic and financial risk. A proposal
for financial risk classification to the cooperative sector. Contaduria y
Administracion,62 (5), 1670-1686. https://doi.org/10.1016/j.cya.2017.09.001
Espinosa, F. R., Molina, Z. A. M., & Vera-Colina, M. A. (2015). Entrepreneurial failure of
small and medium-sized enterprises (SMEs) in Colombia. Suma de Negocios,6 (13),
-41. https://doi.org/10.1016/j.sumneg.2015.08.003.
https://doi.org/10.1016/j.sumneg.2015.08.003
Espinoza, R. A. C., de la Fuente, H. A., Palavecinos, B. S., & Riffo, P. A. D. (2014).
Information disclosure in quoted Chilean companies: The effect of institutional
investors and leverage. Estudios Gerenciales,30 (131), 190-199.
https://doi.org/10.1016/j.estger.2014.04.008.
González, L. M., Viga Juárez, C. A., & Fierro, S. D. (2017). Prospecting the operational
risk of MSMEs in Colombia. Suma de Negocios,8 (18), 79-87.
https://doi.org/10.1016/j.sumneg.2017.11.004.
Herrera, E. E., & Macagnan, C. B. (2016). Disclosure of information on organizational
structural capital of banks in Brazil and Spain. Contaduria y Administracion,61 (1), 4-
https://doi.org/10.1016/j.cya.2015.09.007.
Kato, L. (2013). The problem of profit in economics and its relation to business
accounting. Economics Informs,383 , 23-63. https://doi.org/10.1016/s0185-
(13)71340-9.
León, J., & Alvarado, C. (2015). Mexico: Price stability and the limitations of the bank
credit channel. Problemas Del Desarrollo,46 (181), 75-99.
https://doi.org/10.1016/j.rpd.2015.03.002.
Levy, N. (2013). Financial reform and development banking: credits or illusions.
Economía Informa,382 , 3-17. https://doi.org/10.1016/s0185-0849(13)71332-x
Martínez-Campillo, A., Cabeza-García, L., & Marbella-Sánchez, F. (2013). Corporate
social responsibility and financial performance: Evidence on the dual direction of
causality in the savings bank sector. Cuadernos de Economia y Direccion de La
Empresa,16 (1), 54-68. https://doi.org/10.1016/j.cede.2012.04.005.
https://doi.org/10.1016/j.cede.2012.04.005
Martínez, C. M., & Guzmán, I. (2014). Measuring efficiency in nonprofit organizations:
An empirical study for care foundations. Revista de Contabilidad-Spanish Accounting
Review,17 (1), 47-57. https://doi.org/10.1016/j.rcsar.2013.08.005
Reyes, P. M., Carreño, M. Á. D., & González, R. V. (2017). Recessions in Mexico At the
Dawn of the Twenty-First Century. Problemas Del Desarrollo,48 (189), 57-84.