Perbandingan Kinerja Keuangan Sebelum dan Saat Pandemi Covid-19 Pada Perusahaan LQ45

Abstract

The pandemic made companies try to maintain their existence during the ongoing pandemic. Therefore, researchers conducted a study to determine whether there are differences between before and during the Covid-19 pandemic by examining the financial performance of LQ45 non-bank companies for the period 2017-2022. The financial performance indicators used are liquidity ratio (Working Capital to Total Assets Ratio), solvency (Debt to Assets Ratio), activity (Total Assets Turnover), and profitability (Net Profit Margin). This study is a quantitative research using secondary data. Documentation study from the world wide web (www) is the data collection technique used in this research. The analysis techniques employed are Paired Sample T-Test analysis and Wilcoxon Signed Rank Test. The research results indicate that there are differences in Working Capital to Total Assets Ratio (WCTA) and Total Assets Turnover (TATO) between before and during the Covid-19 pandemic, while there are no differences in Debt to Assets Ratio (DAR) and Net Profit Margin (NPM) between before and during the Covid-19 pandemic among non-bank companies included in the LQ45 Index on the Indonesia Stock Exchange for the period 2017-2022.