Retrospectiva financiera en el análisis comparativo del Segmento 3 para el Sistema de Economía Popular y Solidario en la provincia de Bolívar periodo 2019-2020.

Abstract

The objective of this research is to analyze the impact of profitability considering the comparative financial retrospective of Segment 3 of the Popular and Solidarity Economy System in the province of Bolivar in the period 2019-2020. Proceeding with the diagnosis of the financial situation of the credit union San Miguel, San Pedro and Salinas, through the use of vertical and horizontal analysis, allowing the first to obtain results in each period and the second to compare them with another economic period. For the retrospective, financial ratios applicable to the cooperative financial sector were used, which allowed for determining liquidity, indebtedness, management in the use of assets, profitability, credit risk and delinquency. Finally, the Dupont model was applied, which determines the efficiency in the use of resources through the return on assets and the return on equity using the leverage margin. Establishing that the return on equity was minimal, in the two periods analyzed, they have an average of $0.02 which is by the Return on Assets (ROA), an indicator that was also minimal, the return generated on the investment of the partners was not adequate since it does not correspond to the investment made. It is concluded concerning the financial situation with the influence of the COVID-19 pandemic, that there was no negative or positive impact, since there were problems of inefficiency in the use of its assets before the beginning of the sanitary emergency. It is recommended to determine the financial indicators, which according to the needs of the sector, allow them to establish objectives and alternatives to meet their goals, to be able to make decisions based on reliable analysis to improve economic performance.