Profitability, solvency and self-financing of the food and beverage sector in Colombia between 2012- 2015

To analyze the behavior of profitability, solvency and self-financing in the Colombian food and beverage sector, a balanced and refined database of 2,639 companies was built in the period 2012-2015 that make their accounting reports annually before the Information and Information System Business Rep...

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Bibliographic Details
Main Authors: Arias Robles, Milena Esther, Feria Díaz, Jhon J., Jove Wilches, Fernando
Format: article
Language:Inglés
Published: PalArch's Journals 2024
Subjects:
Online Access:https://www.archives.palarch.nl/index.php/jae/article/view/8403
http://hdl.handle.net/20.500.12324/38990
Description
Summary:To analyze the behavior of profitability, solvency and self-financing in the Colombian food and beverage sector, a balanced and refined database of 2,639 companies was built in the period 2012-2015 that make their accounting reports annually before the Information and Information System Business Report - SIREM. By mathematical transformation, six indicators were generated (debt ratio, current liabilities, gross margin, return on assets - ROA, return on equity - ROE, and solvency). In general terms, the food and beverage sector are profitable, with a higher profit margin on its assets for the food business, which allows reinvestment and growth of the sector over time.