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- Title
Necesidades Operativas de Fondos: Diagnóstico de las terminales portuarias.
- Authors
Vélez Bermello, Luisa María; Flores Sánchez, Gustavo Geovanni
- Abstract
The purpose of this research is to diagnose the operational financial situation of the port terminals of Ecuador during the period 2015 - 2019, by analyzing their Operational Needs of Funds against the relationship they show with the Working Capital, profitability and indebtedness; established as independent variables. A correlational descriptive methodology was applied for quantitative data, consisting of six port terminals belonging to the Association of Private Port Terminals of Ecuador and the Maritime Chamber of Ecuador. This study reveals negative averages for Operating Needs of Funds and Working Capital Fund; a situation that produces spontaneous financing due to a situation of illiquidity and preponderance of financing with suppliers, but that shows a positive relationship with profitability levels. However, since there is sufficient spontaneous financing, there is evidence of a high percentage of indebtedness in the long term. These results translate into opportunities to strengthen investments in the Ecuadorian port sector.
- Subjects
ECUADOR; MARINE terminals; WORKING capital; INDEPENDENT variables; BIVARIATE analysis; DEBT; CAPITAL movements
- Publication
Mexican Journal of Economics & Finance / Revista Mexicana de Economia y Finanzas, 2023, Vol 18, Issue 1, p1
- ISSN
1665-5346
- Publication type
Article
- DOI
10.21919/remef.v18i1.681