ANALISIS KINERJA KEUANGAN SEBELUM DAN SELAMA COVID-19 PADA PERUSAHAAN FARMASI DI BURSA EFEK INDONESIA

Sesa Zora Yurivani, Abdul Malik Kumar

Abstract


This study aims to analyze the effect of company size, capital structure, growth rate and income level on the company's financial performance before and during the COVID-19 pandemic. The data used is secondary data in the form of quarterly financial reports for 2017-third quarter 2021. The sampling technique used is purposive sampling technique, with a total sample of 9 pharmaceutical companies listed on the IDX. Testing the data in this study used panel data regression analysis and independent sample t-test. The results of this study indicate that Ln SIZE and Ln REV have no effect on Return on Assets (ROA). Meanwhile, Debt to Equity Ratio (DER) and Price to Book Value (PBV) have a significant effect on Return on Assets (ROA). The results of the different tests show that there is no difference in financial performance between before and during the COVID-19 pandemic. This shows that pharmaceutical companies are able to survive during the COVID-19 pandemic.


Keywords


DER; PBV; Revenue; Panel Data Regression; ROA

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References


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