Comprenhensive Financial Evaluation of Lexalia-EC S.A. 2018-2023: Strategies Based on Good Financial Practices

Abstract

This article carries out a comprehensive financial evaluation of Lexalia-EC S.A. during the period 2018-2023, using official data provided by the Superintendency of Companies, Securities and Insurance of Ecuador. This analysis covers a critical period that includes the impact of the COVID-19 pandemic on the company's economic activity, as well as its subsequent recovery. The methodology used includes the calculation of key financial indices, such as liquidity, solvency, activity, debt and profitability, providing a detailed diagnosis of the company's financial status in each of the stages of the period studied. A vertical and horizontal analysis was also used to compare the variation of assets, liabilities and equity over time.

In addition, recommendations are incorporated based on good financial practices outlined in the CGAP Good Practices Guide for Microfinance Financiers. These practices emphasize the importance of transparency, efficient risk management and optimization of working capital to improve the sustainability of small and medium-sized businesses. The results reveal that, although Lexalia-EC S.A. showed resilience during the pandemic, it faces challenges in its capital structure and in the management of its short-term liquidity. The article concludes with strategic recommendations to improve profitability and reduce dependence on external debt.