SOLVENCY OF EXPORTING COMPANIES MANUFACTURING OLIVE OIL IN SPAIN

Abstract

Spain is among the main producers of olive oil worldwide and the product itself is recognized for its quality internationally, being a key piece within the agricultural sector. Specifically, this research aims to explain the classification of Spanish olive oil exporting companies according to their solvency based on the indicators of economic profitability, financial profitability and indebtedness at the same time that it allows predicting belonging to one group or another of companies that have not been included in the model. Methodologically, the article is quantitative, explanatory and uses the statistical technique of discriminant analysis for its development. The result denotes a model whose goodness of fit is located at 75.4%, from which the solvency situation in companies is explained based on the company's debt percentage.