Análisis del riesgo de liquidez de la Cooperativa de Ahorro y Crédito Jardín Azuayo, durante el periodo 2016-2017

Abstract

He purpose of this paper is to analyze the liquidity risk of the Cooperativa de Ahorro y Crédito Jardín Azuayo in the 2016-2017 period. The Cooperative has a financial nature, regulated by the Superintendencia de Economia Popular y Solidaria, focusing more attention on liquidity risks. The work integrates knowledge areas such as: Financial Administration, Management Audit, Financial Analysis, Index Identification, Statistics and Econometrics (Projections). For the process it was taken into account to perform a liquidity and solvency analysis of the cooperative to later make easier the decision making in the short and long term, which can be evidenced its performance, solvency and liquidity in the years 2016-2017. The analysis of financial statements is presented through the static and dynamic method describing variations in the accounts presented during the study periods, where it is evident that the Cooperativa de Ahorro y Credito Jardin Azuayo performs its daily activities around its liabilities with the 43% of total assets, while its equity is 7%. The analysis of the liquidity gaps determined that Cuenca contributes more to the general liquidity of the cooperative and to a lesser extent Paute. In addition, a liquidity projection analysis was carried out using an econometric model identifying causal variables for the dependent variable, where after proving its robustness, a favorable liquidity scenario was concluded for the Cooperativa de Ahorro y Credito Jardin Azuayo