Financial Execution of Go Public Companies during the Covid-19 Pandemic

Abstract

This study aimed at determining the differences in the financial execution of gopublic companies as long as the COVID-19 pandemic. The financial performance of the liquidity ratio, solvency ratio, activity ratio, and profitability ratio was used as a measuring tool. The population was Indonesian Go Public companies in 2019 and 2020, while, using the purposive sampling technique, the sample was Go Public Companies in trade, services, and investment sectors. Paired sample t-test with distributed data was used as the research method. The result of the analysis shows there are dissimilarities in liquidity ratios, solvency ratios, activity ratios, and profitability ratios in 2019 (before the Covid-19 pandemic) and 2020 (during the Covid-19 pandemic). Keywords: activity ratio, financial performance during the pandemic, liquidity ratio, profitability ratio, solvency ratio