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Abstract
The textile industry in Ecuador is a vital component of the country’s economy. Therefore, it has gone through various challenges over the years. Given the above, the objective of the research is to define the levels of correlation between financial management and the determining factors of liquidity and profitability of large companies in the textile sector in Ecuador from 2016 to 2022. To carry out the activity, will take the financial statements of the same organizations to evaluate financial management. For the methodology, a quantitative approach will be used since it allows an objective and numerical evaluation of financial variables such as liquidity and profitability, which are quantifiable and susceptible to statistical analysis. This descriptive approach will be used, as it allows the collection, analysis and representation of data that reflects the current conditions of liquidity and profitability in the textile sector, offering a clear image; The study sample consisted of 16 large companies in the Ecuadorian textile industry. To process the information, the Microsoft Excel tool will be used to manipulate numerical and text databases, which allow the information to be analyzed, generate reports, tabulate, among other things. The results proved to be very favorable, since effective debt management was observed, which is reflected in the standard deviation of the profitability ratios: 8% for ROE (return on equity) and 2% for ROA (return on equity). on assets).
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Copyright (c) 2023 Carla Solange Villalba Suárez, Diana Jacqueline Verdezoto Jácome, Brenda Elizabeth Oña Sinchiguano, Rodrigo Arturo Reyes Armas