Open AccessAnalysis of Financial Performance and Company Value Before and during the Covid-19 Pandemic; Study on Manufacturing Companies Listed on IDX
Author(s) -
Yusvensia Jesica Anggun Febriantika,
Tri Joko Prasetyo,
Fitra Dharma
Publication year - 2021
Publication title -
journal dimensie management and public sector
Language(s) - English
Resource type - Journals
ISSN - 2709-6211
DOI - 10.48173/jdmps.v2i3.115
Subject(s) - leverage (statistics) , profitability index , nonprobability sampling , market liquidity , business , covid-19 , wilcoxon signed rank test , pandemic , sample (material) , accounting , finance , statistics , mathematics , medicine , mann–whitney u test , population , chemistry , environmental health , disease , chromatography , infectious disease (medical specialty)
This study aims to analyze the comparison of the financial performance and value of manufacturing companies before and during the COVID-19 pandemic. This study uses secondary data in the form of financial statements for the 2019-2020 period. The sampling technique in this study used purposive sampling and obtained a sample of 108 manufacturing companies listed on the IDX. The analytical tool used is the Wilcoxon signed-rank test with the help of the SPSS 21 program. The results show that there is no decrease in leverage ratios, activity ratios, firm value during the COVID-19 pandemic, while profitability and liquidity ratios have increased during the COVID-19 pandemic. Judging from the results of the different test activity ratios, there were significant differences, while the ratios of profitability, liquidity, leverage, and firm value did not experience significant differences.