Media Mahardhika
Vol. 21 No. 3 (2023): May 2023

ANALISIS KINERJA KEUANGAN PERUSAHAAN YANG TERDAFTAR DI BEI PADA MASA PANDEMI COVID-19

Nekhasius Agus Sunarjanto (Universitas Katolik Widya Mandala)
Vanny Utari (Universitas Katolik Widya Mandala)
Cicilia Erna Susilawati (Universitas Katolik Widya Mandala)



Article Info

Publish Date
30 May 2023

Abstract

The purpose of this study was to analyze differences in the financial performance of companies listed on the Indonesia Stock Exchange before and during the Covid-19 pandemic through solvency ratios and profitability ratios. Covid-19 has caused the Indonesian econo- my to grow negatively. This has had a major impact on the compa- ny's financial performance, because the company experienced a decline in revenue due to policies made due to the Covid-19 pandemic. Thus, in order to survive in the midst of the Covid-19 pandemic, companies listed on the Indonesia Stock Exchange must begin to rise to compete in gaining competitive advantage and superior financial performance. The sample in this study is all sectors of companies listed on the Indonesia Stock Exchange, except the financial sector. The analytical technique used is the Paired-Sample T-test with the help of the STATA program. The results of this study indicate that there are differences in the solvency ratio when measured using the time interest earned ratio. However, the solvency ratio shows no difference when measured using the debt ratio and cash coverage ratio. While the profitability ratio shows that there are differences in the company's financial performance between before and during the Covid-19 pandemic.

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Journal Info

Abbrev

mahardika

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Description

MEDIA MAHARDHIKA is a peer-reviewed journal published by Department of Accounting, Faculty of Economics and Business, STIE MAHARDHIKA Surabaya Indonesia three times a year (Januari, May and September). MEDIA MAHARDHIKA aims to publish articles in the field of accounting and finance that provide ...