Diagnóstico financiero del centro comercial La Galería, durante el periodo 2020-2024

Abstract

This study presents a financial diagnosis of La Galería Shopping Center for the period 2020-2024, evaluating liquidity, debt, and profitability through indicators such as acid-test ratio, current ratio, Return on Assets (ROA), Return on Equity (ROE), and debt-to-equity ratio. Vertical and horizontal analysis methods are also applied to examine the structure and evolution of the financial statements. A quantitative, descriptive, and non-experimental approach is used, based on the documentary analysis of the financial statements provided by the shopping center’s management and a survey administered to the person responsible for its accounting, which allows operational perceptions to be linked to objective metrics. The results show three phases: in 2020 and 2021, La Galería Shopping Center expanded its assets and inventories to meet demand, but relied on short-term credit and showed acid-test ratios below 0.3; in 2022, it recorded operating losses and extreme leverage despite partial improvements in liquidity; finally, in 2023 and 2024, thanks to the renegotiation of liabilities, recapitalization, and optimization of the cash cycle, the company regains solvency, achieved a ROA of over 100% in 2024 and stabilized ROE, reaching levels that restored partners’ confidence. This comprehensive analysis identifies strengths in inventories and cash flow management, weaknesses in capital structure, and proposes recommendations to strengthen assets, control debt, and ensure long-term operational sustainability.