Análisis financiero de las empresas pesqueras para incentivar su participación en el mercado bursátil Ecuatoriano. Caso : FishCorp S.A.

Abstract

The main purpose of this project is to make a financial analysis of the company FishCorp S.A. in order to encourage its participation in the Ecuadorian stock market. In this way, companies from the fishing sector can use these results as a base to start considering the securitization process as new source of acquiring capital. Based on that, the method used will be inductive-deductive because it is mainly based on the context of the fishing sector and stock market which later on will be triggered in the study of the company. In addition, the case is taken as an example for the decision making of those companies which fulfill similar conditions. Furthermore, the approach used is mixed since a simple linear regression is used for the financial evaluation to accomplish the conclusions by calculating liquidity, solvency and leverage indicators. Finally, after the study of the economic environment of the country and the comparative analysis between traditional banking and the securitization in the stock market, it is concluded that acquiring capital from stock market is a better alternative in terms of lower interest rates and therefore costs are reduced.