ANALISIS KINERJA KEUANGAN SEBELUM DAN SAAT PANDEMI COVID-19 PADA PERUSAHAAN LQ 45 DI BEI

Abstract

This research aimed to analyze the financial performance before and during the pandemic of Covid-19 at LQ-45 companies during 2018-2021. The financial performance was measured by profitability (Return On Asset), liquidity (Current Ratio), solvability (Total Debt to Equity), and activity (Total Asset Turnover). The research was quantitative-comparative. Furthermore, the the data collection technique used saturated sampling or sensus, in which all members of the population were the sample. The population was LQ-45 companies that were listed on Indinesia Stock Exchange (IDX) during 2018-2021. In line with that, there were 22 companies with 99 observations. The data analysis technique used paired t-test. The result concluded that the financial performance before and during the pandemic of Covid-19 at LQ-45 companies was different regarding profitability which was measured by Retun On Asset and activity which was measured by Total Asset Turnover. However, based on liquidity which was measured by the Current Ratio, and solvability which was measured by Total Debt to Equity; there was no difference between financial performance before and during the pandemic of Covid-19 at LQ-45 companies. In addition, the pandemic of Covid-19 also decreased financial performace.