Impacts of Covid-19 on the economic and financial inidcators of cyclical consumer companies listed on B3

• Autor(a) principal: Massoquetto, Karolain
• Data de Publicação: 2023
• Outros Autores: Souza, Lorran Paganini de, Garcia, Bruno Eduardo Slongo, Santos, Débora Cristine dos
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: CAFI (São Paulo)
• Texto Completo: https://revistas.pucsp.br/index.php/CAFI/article/view/60494
• topic: financial econcomic indicators; cyclical consumption; covid-19; indicadores económico financieros; consumo cíclico; covid-19; indicadores econômicos financeiros; consumo cíclico; covid-19

This study aims to analyze the impact (or not) of the covid-19 pandemic on the financial indicators of cyclical consumer companies listed on Bolsa Balcão Brasil (B3). To achieve the proposed objective, a quantitative survey was carried out with data provided by cyclical service companies in (B3). The sample consisted of 29 companies and the quarterly psychological indicators of dry, immediate and current liquidity, gross revenue and debt, while the periodic indicators were profitability and return on assets (ROA). The public data were analyzed using Wilcoxon's non-parametric hypothesis test. The findings showed that the financial indicators of dry, current and immediate currency, profitability and ROA did not show demonstrated oscillations, an explanation for this inheritance in transmission and consumption strategies, as well as in the flexibility of loans and financing possible through public authorities. In contrast, other indicators such as gross revenue and debt showed fluctuations in one quarter, respectively, second and fourth. It is possible to explain the difference in the average of the gross income in the second quarter due to the closing of the businesses and restriction as diet activities. The indebtedness that showed the difference in the averages in the fourth quarter can be explained by the need to continue activities, since business was limited by the restrictions of the pandemic. As a result, companies received loans and financing to maintain their activities.