Financial analysis of liquidity and its relationship with the profitability of the textile company Creditex

• Romero-Carazas, Rafael ^[1] ; Villanueva-Batallanos, Marilyn ^[3] ; Gómez-Cáceres, Felipe Yony ^[4] ; Espinoza Casco, Roque Juan ^[2] ; Zarate-Suarez, Julio Samuel ^[2]
  1. [1] Universidad Peruana Unión

     Universidad Peruana Unión

     Perú

     
  2. [2] Universidad César Vallejo

     Universidad César Vallejo

     Provincia de Trujillo, Perú

     
  3. [3] Universidad del Mar, Departamento de Ingeniería Comercial. Arica, Chile.
  4. [4] Universidad Nacional Jorge Basadre Grohmann, Tacna, Perú.

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• Localización: Salud, Ciencia y Tecnología - Serie de Conferencias, ISSN-e 2953-4860, Nº. 2, 2023 (Ejemplar dedicado a: Salud, Ciencia y Tecnología - Serie de Conferencias)
• Idioma: inglés
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  • The objective of the research article was to determine the relationship between liquidity and profitability of the textile company Creditex. The present research was based on a quantitative, retrospective, non-experimental, cross-sectional approach. The population equal to the sample was constituted by the financial statements of the textile company Creditex included in an inquiry period of 6 years (2015, 2016, 2017, 2018, 2019, 2020) obtained through reports published by the stock market superintendence (SMV). It was evidenced that there is no significant relationship between the liquidity and profitability variables through the analysis of their dimensions current liquidity and economic and financial profitability (Sig= 0,260 and 00,734 respectively) and absolute liquidity with economic and financial profitability (Sig= 0,356 and 0,384 respectively). these results supported the null hypothesis of study in terms of the two dimensions evaluated by variable (current liquidity, absolute liquidity, economic profitability and financial profitability). However, it is recommended that in future research correlations be made between other dimensions related to the study variable such as the acid ratio, liquidity ratio and profitability on sales, these being subscales of the study variables, offering a more radial analysis of the same.