LA MEDICIÓN DEL RIESGO MEDIANTE LA APLICACIÓN DEL MODELO ALTMAN Z SCORE EN TRES EMPRESAS DEL SECTOR ARROCERO ECUATORIANO

Abstract

The purpose of this paper is to analyze the current situation of Ecuadorian companies in the rice sector, taking into account the structural problems faced in the past years. The Altman Z-score allows to know the liquidity situation and the possible bankruptcy risk of these companies. This research used a mixed methodology that combines qualitative and quantitative studies. Qualitative studies respond to the bibliographic method, which uses previous research on the subject to guide its development. The bibliographic method will be based on studies about the structure of the Altman Zscore variables applicable for the measurement of bankruptcy risk. Its use will establish the basis on which the credit risk will be determined, evaluating its behavior. The paper concludes that the analyzed companies of the Ecuadorian rice sector show a financial strength reflected in their z-score, despite of the structural problems affecting their profitability.