Análisis del riesgo de quiebra en las COAC´S del segmento 2 radicadas en la ciudad de quito mediante la aplicación del método Altman Z-Score durante el período 2017-2020

Abstract

Credit Unions represent legal financial institutions that contribute significantly to the country's economy. For this reason, risks, especially bankruptcy, are a concern within this area, since they can occur due to different factors, both external and internal, leading the institutions to financial failures that affect the economy of people and, therefore, the country. Thus, the objective of this study is to evaluate the Savings and Credit Cooperatives (COACs) from the segment 2 established in the city of Quito using the Altman Z-Score method to determine the risk of bankruptcy of the area in the period 2017-2020. Through this method, the necessary results were reached to establish whether the institutions are healthy, if they have financial problems or are at high risk of bankruptcy. So, it was concluded that the COACs from the segment 2 in the period 2017-2020 presented a very high risk of bankruptcy by obtaining an average of a total score 1.464. Finally, the analysis of these data revealed that the low value got has largely depended on variables such as the volume and the differences between the liabilities and the equity of the COACs.