Análisis de la fortaleza patrimonial en la rentabilidad de la PYMES en el Ecuador.

Abstract

This work focuses on analyzing the relationship between equity strength and the financial health of SMEs, highlighting the challenge of balancing financial profitability with equity strength. The objectives included the review of financial literature to theoretically support this. The methodology applied correlation methods and ANOVA analysis to evaluate differences between groups of companies. The findings demonstrate a non-significant correlation between profitability on sales and equity strength. The correlation between Operating profitability and equity strength is negative (-0.065) and not significant (p=0.253). The strongly negative correlation between financial profitability and equity strength (-0.898) and the p-value (0.000) indicate a statistically significant relationship between financial profitability and equity strength. The negative correlation between net income and equity strength (-0.161) and the significant p-value (0.004) suggest a statistically significant, although moderate, relationship between net income and equity strength. The negative relationship suggests that companies with higher net profits could have lower equity strength. The strong negative correlation between ROA and equity strength (-0.976) and the low p-value (0.000) indicate a statistically significant relationship between ROA and equity strength. The negative relationship suggests that companies with a higher return on assets could have lower equity strength. The results of the ANOVA indicate that there are no significant differences in equity strength between different sizes of companies.