Análisis del capital de trabajo y palanca de crecimiento como herramienta para la planificación contable y financiera en el sector industrial de la ciudad de Cuenca

Abstract

The research focuses on the analysis of working capital and growth lever with the calculation of value drivers in order to establish the importance of these in accounting and financial planning. Unlike traditional indices, value drivers allow establishing the economic growth of a company based on the management of working capital that originates from the cash flows of the operating cycle. Value inducers such as EBITDA margin (Earnings before interest, taxes, depreciation and amortization), working capital productivity and its relationship called growth lever were calculated, compared to traditional indices such as liquidity, solvency and indebtedness, the data were obtained of the Financial Statements of the Superintendency of Companies. The results show whether there is favorable or unfavorable growth when determining the growth lever.