Ecuadorian Manufacturing Companies in Pandemic: Comparative Analysis Of Bankruptcy Forecast

Irene Gisel Buele Nugra; Christian Geovanny Inga Chichay; Joselyn Tatiana Mejia Loza

Ecuadorian Manufacturing Companies in Pandemic: Comparative Analysis Of Bankruptcy Forecast

Título traducido de la contribución: Empresas manufactureras ecuatorianas en pandemia: análisis comparativo del pronóstico de quiebras

Irene Gisel Buele Nugra, Christian Geovanny Inga Chichay, Joselyn Tatiana Mejia Loza

Producción científica: Contribución a una revista › Artículo

Resumen

El modelo Altman Z-Score ayuda a determinar la posibilidad de quiebra de una empresa, ofreciendo la oportunidad de tomar decisiones correctivas de manera oportuna. Este artículo compara la situación financiera de las empresas manufactureras en los años 2019 y 2020, mediante el análisis de ratios financieros y el modelo Altman Z-Score. Esta investigación tiene como objetivo determinar los cambios en la situación financiera y la probabilidad de quiebra en el primer año de la pandemia Covid-19. Los resultados muestran un impacto negativo en la liquidez (0.11%), la rentabilidad mostró un aumento del 4%, demostrando que se han generado ganancias a pesar de que las ventas no aumentaron. La probabilidad de quiebra es de 2,22 para las empresas manufactureras en 2019 y de 1,97 para 2020, debido a una disminución del 10% en las ventas.

Título traducido de la contribución	Empresas manufactureras ecuatorianas en pandemia: análisis comparativo del pronóstico de quiebras
Idioma original	Inglés estadounidense
Páginas (desde-hasta)	1-21
Número de páginas	21
Publicación	Journal of Business Strategy Finance and Management
Volumen	6
N.º	6
Estado	Publicada - 7 mar. 2024

Palabras clave

Bankruptcy forecast
Covid-19
Altman z-score
Manufacturing companies.
Financial ratios

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abstract = "The Altman Z-Score model helps to determine the possibility of a company's bankruptcy, offering the opportunity to make corrective decisions in a prompt manner. This article compares the financial situation of manufacturing companies in the years 2019 and 2020, through the analysis of financial ratios and the Altman Z-Score model. This research aims to determine the changes in the financial situation and the probability of bankruptcy in the first year of the Covid-19 pandemic. The results show a negative impact on liquidity (0.11%), the profitability showed an increase of 4%, demonstrating that profits have been generated despite the fact that sales did not increase. The probability of bankruptcy is 2.22 for manufacturing companies in 2019 and 1.97 for 2020, because of a 10% decrease in sales.",

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Ecuadorian Manufacturing Companies in Pandemic: Comparative Analysis Of Bankruptcy Forecast

Resumen

Palabras clave

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