ANALYSIS OF FINANCIAL PERFOMANCE AT PT. KIMIA FARMA TBK BEFORE AND DURING THE COVID-19 PANDEMIC
DOI:
https://doi.org/10.32497/aamar.v3i2.6081Abstract
During the Covid-19 pandemic, there was a decrease in GDP by 2.07%. As a result, many company sectors experienced a contraction in economic growth, but some company sectors actually experienced an increase in productivity, one of which was the health sector. This study aims to determine the differences in the financial performance of PT Kimia Farma, Tbk before and during the Covid-19 pandemic in terms of Current Ratio, Quick Ratio, Debt to Asset Ratio, Debt to Equity Ratio, Net Profit Margin, Return on Equity, Total Assets Turnover, and Fixed Assets Turnover. With quantitative descriptive research methods and sample population using the financial statements of PT Kimia Farma, Tbk for the period 2017-2022. With data analysis techniques, namely financial ratio analysis, normality test, Paired Samples T-test, and processed using SPSS v.21. The results of the study concluded that based on the Paired Samples T-test test, the results showed the acquisition of a Sig value. (2-tailed) of (0.549)>α (0.05) for Current Ratio, (0.269)>α (0.05) for Quick Ratio, (0.358)>α (0.05) for Debt to Asset Ratio, (0.349)>α (0.05) for Debt to Equity Ratio, (0.283)>α(0.05) for Net Profit Margin, (0.779)>α(0.05) for Return on Equity, (0.343)>α(0.05) for Total Assets Turnover, and (0.218)>α(0.05) for Fixed Assets Turnover. So it can be concluded that there is no significant difference in financial performance before and during the Covid-19 pandemic.References
Hairuddin, “Analisis Model Z-Score Untuk Menilai Kinerja Keuangan Serta Memprediksi
Kebangkrutan (Pada Perusahaan Semen yang Terdaftar di BEI Tahun 2012-2016)”, J. Pro-fit,
vol. 9, no. 1, pp. 16-31, Januari 2018.
Rahmawati, L. & Sembiring, E.E., “Perbandingan Kinerja Keuangan Perusahaan Sektor Kesehatan yang
Terdaftar di BEI Sebelum dan Saat Pandemi Covid-19”, Indonesian Accounting Literacy Journal,
vol. 2, no. 3, pp. 589-600, Juli 2022.
Manurung, G.S., dkk.,“Analisis Laporan Keuangan dan Benchmark Perpajakan Studi Kasus PT. Kimia
Farma, Tbk Tahun 2019-2021”, J. Educoretax, vol. 2, no. 4, pp. 229-248, 2022.
Hidayat, Muhammad, “Analisis Perbandingan Kinerja Keuangan dan Nilai Perusahaan Sebelum dan
Disaat Pandemi Covid 19”, Measurement, vol. 15, no. 1, pp. 9-17, Juni 2021.
Saputro, D.F.H. & Hapsari, D.I., “Dampak Pandemi Corona Terhadap Kinerja Keuangan Perusahaan
Pertambangan dan Perkebunan”, Proceeding of National Conference on Accounting & Finance,
vol. 4, no. 1, pp. 66-72, 2022.
Priyanto, S. dan Suselo, D., “Analisis Kinerja Keuangan pada Perusahaan PT. Kalbe Farma, Tbk
Sebelum dan Sesudah Covid-19”, Islamic Economics & Financial Journal, vol. 2, no. 2, pp. 134-
, 2023.
Hidayati, Cholis, “Analisis Rasio Keuangan Dan Common Size Untuk Menilai Kinerja Keuangan
Perusahaan Kosmetik Dan Peralatan Rumah Tangga Yang Terdaftar Di Bursa Efek Indonesia
Tahun 2013-2015”, JEA17, vol. 4, no. 2, pp. 51-66, Oktober 2019.
Hidayati, Cholis, “Analisis Rasio Keuangan Dan Common Size Untuk Menilai Kinerja Keuangan
Perusahaan Kosmetik Dan Peralatan Rumah Tangga Yang Terdaftar Di Bursa Efek Indonesia
Tahun 2013-2015”, JEA17, vol. 4, no. 2, pp. 51-66, Oktober 2019.
Erica, Denny, “Analisa Rasio Laporan Keuangan Untuk Menilai Kinerja Perusahaan PT. Kino
Indonesia, Tbk”, Jurnal Ecodemica, vol. 2, no.1, pp. 12-20, April 2018.
Agung, Bima, “Analisis Rasio Untuk Menilai Kinerja Keuangan pada PT. Asia Sejahtera Mina, Tbk
Periode 2018 ”“ 2021”, Laporan Tugas Akhir. Tegal: Politeknik Muhammadiyah Tegal, 2022.
SPSS Indonesia,“Cara Uji Paired Sample T-test”, https://www.spssindonesia.com/2018/08/cara-ujipaired-sample-t-test-dan.html?m=1, Agustus 2018.
