JURNAL PENELITIAN EKONOMI DAN AKUNTANSI (JPENSI)
Vol 7, No 2 (2022): JURNAL PENELITIAN EKONOMI DAN AKUNTANSI (JPENSI)

COMPARISONAL ANALYSIS OF FINANCIAL RATIO BEFORE AND DURING THE COVID-19 PANDEMIC OF GO PUBLIC MANUFACTURING COMPANIES LISTED ON IDX

Sri Yaumi (Institut Teknnologi dan Bisnis Ahmad Dahlan Lamongan)
Tri Winarsih (Institut Teknnologi dan Bisnis Ahmad Dahlan Lamongan)
Bayu Malikhul Askhar (Institut Teknnologi dan Bisnis Ahmad Dahlan Lamongan)
Abdul Majid (Universitas Muhammadiyah Lamongan)



Article Info

Publish Date
10 Jun 2022

Abstract

This study aims to analyze the comparison of financial ratios before and during the covid-19 pandemic. The samples of this study were 21 go public manufacturing companies listed on the IDX. The data taken in this study were the 2nd ,3rd and 4th quarters of 2019 and the 2nd,3rd and 4th quarters of 2020. The analytical technique used in this study was Paired-Sample T-test. The results of the study indicated that liquidity was different before and during the covid-19 pandemic, while profitability, solvency, dividend policy and firm value were just the same as before and during the pandemic. This research indicated that manufacturing companies were still able to survive due to the Covid-19 pandemic. If the pandemic lasts longer, it is hoped that the company will maintain company value in order to survive and gain the trust of investors by using certain strategies. Because of this COVID-19 pandemic, the potential investors are more selective in choosing companies to invest.

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Journal Info

Abbrev

jpensi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Penelitian Ekonomi Dan Akuntansi (JPENSI) adalah jurnal peer-review yang diterbitkan oleh Litbang Pemas Universitas Islam Lamongan yang terbit tiga kali dalam setahun yaitu bulan Februari, Juni dan Oktober. JPENSI telah mempublikasikan jurnal sejak Tahun 2016. JPENSI merupakan jurnal yang ...