Accounting Research Journal
Vol. 4 No. 1 (2025): Accounting Research Journal (September 2025 - February 2026)

ANALISIS PERBANDINGAN KINERJA KEUANGAN SEBELUM DAN SETELAH PENUTUPAN GIANT PADA PT HERO SUPERMARKET TBK (HERO GRUP)




Article Info

Publish Date
07 Nov 2025

Abstract

Hero Group closed all Giant outlets in 2021. This was a effort by the company to reduce its burden and focus of business development on other sectors. This research was conducted to determine the difference in financial performance as a result of the closure of Giant outlets by comparing data from before and after the event. This study uses a comparative test, which is a test that compares two data. The test tool used is the paired sample t test. The data compared are the period before the closure of Giant in 2018 – 2020 and the period after the closure of Giant in 2021 – 2023. Based on the results there was no difference in PT Hero Supermarket, Tbk’s financial ratio as measured by current ratio, debt to equity ratio, and net profit margin both before and after the closure of Giant outlets. Meanwhile, the ratio of total assets turnover had a significant difference.

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Journal Info

Abbrev

accrual

Publisher

Subject

Economics, Econometrics & Finance

Description

Accrual journal is a peer-reviewed journal managed by Department of Accounting, Faculty of Economics, Nurtanio University. Accrual provides opportunity to accademics, professionals, and students to publish their articles. The scope of the research includes accounting and financial issues. Accrual ...