Relação entre endividamento e variáveis macroeconômicas das empresas do setor de construção civil listadas na B3: cenário antes e durante período pandêmico

Abstract

The present study aimed to identify the relationship between the indebtedness ratios of companies in the construction sector listed on B3 (Brazil, Bolsa, Balcão) and macroeconomic variables during the period preceding, encompassing, and following the Coronavirus pandemic (2018 to 2023). Data collection was carried out using secondary data provided by B3 regarding financial statements, as well as through the gathering of statistical data from institutions linked to the national economy—IBGE and BACEN. As a result, it was observed that companies in the construction sector faced significant challenges during the analyzed period, marked by adverse macroeconomic conditions. Although they relied on external financing to sustain their operations, the increase in indebtedness and the decline in equity highlight the need for more resilient financial strategies.