Analisis Komparatif Kinerja Keuangan Sebelum dan Saat Covid-19 pada Perusahaan yang Terdaftar di BEI
Keywords:
Kinerja Keuangan, Rasio Likuiditas, Rasio Solvabilitas, Rasio Aktivitas, Rasio Profitabilitas, Financial Performance, Liquidity Ratio, Solvency Ratio, Activity Ratio, Profitability RatioAbstract
Pandemi Covid-19 selain berakibat ke kesehatan masyarakat berdampak pula ke perokonomian masyarakat akibat adanya kebijakan-kebijakan selama pandemi covid-19 seperti kebijakan Pembatasan Sosial Berskala Besar (PSBB), Work from Home (WFH) sehingga mobilitas masyarakat menjadi terhambat dan mengakibatkan operasi perusahaan tidak berjalan seperti biasanya. Penelitian ini bertujuan untuk menganalisis perbedaan kinerja keuangan sebelum dan saat pandemi virus covid-19 pada laporan keuangan perusahaan yang terdaftar di Bursa Efek Indonesia. Penelitian ini menggunakan metode event study. Penelitian ini termasuk penelitian kuantitatif. Populasi penelitian ini yaitu perusahaan yang terdaftar di Bursa Efek Indonesia periode tahun 2019-2020. Sampel ditentukan dengan teknik Purposive Sampling. Jumlah sampel penelitian ini yaitu 521 perusahaan. Teknik analisis data menggunakan wilcoxon signed-rank test. Data diolah memakai software SPSS versi 26. Hasilmya menunjukkan bahwa terjadi perbedaan rasio likuiditas (current ratio), rasio solvabilitas (debt to asset ratio), rasio aktivitas (asset turnover ratio), rasio profitabilitas (return on assets dan return on equity) sebeum dan saat adanya pandemi covid-19 pada perusahaan yang terdaftar di BEI yang memenuhi kriteria sampel.
The Covid-19 pandemic in addition to affecting public health has an impact on the community's economy as a result of policies during the COVID-19 pandemic such as the Large-Scale Social Restriction (PSBB) policy, Work from Home (WFH) so that community mobility is hampered and results in the company's operations not being able to operate. running as usual. This study aims to analyze differences in financial performance before and during the covid-19 virus pandemic on the financial statements of companies listed on the Indonesia Stock Exchange. This research uses event study method. This research includes quantitative research. The population of this study are companies listed on the Indonesia Stock Exchange for the period 2019-2020. The sample was determined by purposive sampling technique. The number of samples in this study were 521 companies. The data analysis technique used the Wilcoxon signed-rank test. The data is processed using SPSS version 26 software. The results show that there are differences in the liquidity ratio (current ratio), solvency ratio (debt to asset ratio), activity ratio (asset turnover ratio), profitability ratio (return on assets and return on equity) before and during the covid-19 pandemic in companies listed on the IDX that meet the sample criteria.
References
Adi, B. A., & Daryanto, W. M. (2021). Financial performance analysis of food and beverage public listed companies for the three quarters before and after the Covid-19 pandemic in Indonesia. South East Asia Journal of Contemporary Business, Economics and Law, 24(2), 10–25.
Agustina Melani. (2021). Pendapatan Blue Bird Merosot 49,43 Persen pada2020. Retrieved July 25, 2021, from liputan 6 website: https://m.liputan6.com/saham/read/4519767/pendapatan-blue-bird-merosot-4943-persen-pada-2020#:~:text=Liputan6.com%2C Jakarta - PT,pendapatan Rp 4%2C04 triliun.
Buana, D. R. (2020). Analisis Perilaku Masyarakat Indonesia dalam Menghadapi Pandemi Virus Corona (Covid-19) dan Kiat Menjaga Kesejahteraan Jiwa. SALAM: Jurnal Sosial Dan Budaya Syar-I, 7(3). https://doi.org/10.15408/sjsbs.v7i3.15082
Burhanuddin, C. I., & Abdi, M. N. (2020). ANCAMAN KRISIS EKONOMI GLOBAL DARI DAMPAK PENYEBARAN VIRUS CORONA (COVID-19). Stienobel, 17, 710–718.
CNN Indonesia. (2020). Alasan Psikologi di Balik “Panic Buying.” Retrieved April 8, 2021, from www.cnnindonesia.com website: https://www.cnnindonesia.com/gaya-hidup/20200322161747-284-485813/alasan-psikologi-di-balik-panic-buying
CNN Indonesia. (2021). Laba Toyota Meroket 10,3 Persen Saat Pandemi Corona. Retrieved August 27, 2021, from https://www.cnnindonesia.com/teknologi/20210514161017-384-642521/laba-toyota-meroket-103-persen-saat-pandemi-corona
Diayudha, L. (2020). Industri Perhotelan Di Indonesia Pada Masa Pandemi Covid-19: Analisis Deskriptif. Journal FAME: Journal Food and Beverage, Product and Services, Accomodation Industry, Entertainment Services, 3(1). https://doi.org/10.30813/fame.v3i1.2166
Djalante, R., Lassa, J., Setiamarga, D., Sudjatma, A., Indrawan, M., Haryanto, B., … Warsilah, H. (2020). Review and analysis of current responses to COVID-19 in Indonesia: Period of January to March 2020. Progress in Disaster Science, 6(April), 100091. https://doi.org/10.1016/j.pdisas.2020.100091
Dwi Prastowo. (2015). Analisis Laporan Keuangan Konsep Dan Aplikasi. Yogyakarta: UPP STIM YKPN.
Fahmi, I. (2018). Analisis Kinerja Keuangan. Bandung: Alfabeta.
Hanafi, M., & Halim, A. (2016). Analisis Laporan Keuangan. Yogyakarta: UPP STIM YKPN.
Hanoatubun, S. (2020). Dampak Covid – 19 Terhadap Perekonomian Indonesia. Journal of Education, Physchology and Counseling, 2.
Harahap, S. S. (2013). Analisa Kritis atas Laporan Keuangan. Jakarta: PT Raja Grafindo Persada.
Hery. (2015). Praktis menyusun laporan keuangan: cepat dan mahir menyajikan informasi keuangan (H. Selvia, Ed.). Jakarta: Grasindo.
Hilman, C., & Laturette, K. (2021). Analisis Perbedaan Kinerja Perusahaan Sebelum Dan Saat Pandemi Covid-19. BALANCE: Jurnal Akuntansi, Auditing Dan Keuangan, 18(1), 91–109. https://doi.org/10.25170/balance.v18i1.2659
Huang, C., Wang, Y., Li, X., Ren, L., Zhao, J., Hu, Y., … Cao, B. (2020). Clinical features of patients infected with 2019 novel coronavirus in Wuhan, China. The Lancet, 395(10223), 497–506. https://doi.org/10.1016/S0140-6736(20)30183-5
Indayani, S., & Hartono, B. (2020). Analisis Pengangguran dan Pertumbuhan Ekonomi sebagai Akibat Pandemi Covid-19. Jurnal Perspektif, 18(2), 201–208.
Intan, K. (2020). Penjualan Kalbe Farma (KLBF) di kuartal I 2020 tumbuh 8,01%. Retrieved April 8, 2021, from investasi.kontan.co.id website: https://investasi.kontan.co.id/news/penjualan-kalbe-farma-klbf-di-kuartal-i-2020-tumbuh-801
Johns Hopkins University. (2020). Coronavirus Resource Center.
Karno, S. S. D. (2011). Analisis Anggaran Biaya Operasional dan Anggaran Pendapatan Terhadap Kinerja Keuangan Berdasarkan Rasio Return on Asset (ROA) Pada PT. Graha Sarana Duta Palembang. Jurnal Jurusan Akuntansi STIE MDP.
Kasmir. (2019). Analisis Laporan Keuangan. Jakarta: PT. Rajagrafindo Persada.
Kementerian Kesehatan Republik Indonesia. Peraturan Menteri Kesehatan Republik Indonesia Nomor 9 Tahun 2020 Tentang Pedoman Pembatasan Sosial Berskala Besar Dalam Rangka Percepatan Penanganan Corona Virus Disease 2019 (Covid-19). , (2020).
Kementerian Koordinator Bidang Perekonomian Republik Indonesia. (2021). Dukungan Akuntabilitas dan Analisa Laporan Keuangan Perusahaan Dalam Mengatasi Permasalahan BUMN. Retrieved August 27, 2021, from https://www.ekon.go.id/publikasi/detail/3057/dukungan-akuntabilitas-dan-analisa-laporan-keuangan-perusahaan-dalam-mengatasi-permasalahan-bumn
Kurniasari. (2014). Anaslisi Laporan Keuangan Konsep dan Aplikasi (3rd ed.). Jakarta: Erlangga.
Lumenta, M., Gamaliel, H., Latjandu, L. D., Lumenta, M., Gamaliel, H., & Ratulangi, U. S. (2021). ANALISIS PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN TRANSPORTASI SEBELUM DAN SAAT PANDEMI COVID-19. 9(3), 341–354.
Muhardi. (2013). Analisis Laporan Keuangan Proyeksi dan Valuasi Saham. Jakarta: Salemba Empat.
Munawir. (2014). ANALISA LAPORAN KEUANGAN. Yogyakarta: Liberty.
Ngadi. (2020). Survei Dampak Darurat Virus Corona terhadap Tenaga Kerja Indonesia. Retrieved April 5, 2021, from lipi.go.id website: http://lipi.go.id/siaranpress/survei-dampak-darurat-virus-corona-terhadap--tenaga-kerja indonesia/22030
Organization, W. H. (2020a). WHO Director-General’s opening remarks at the media briefing on COVID-19 - 10 April 2020. Retrieved May 8, 2021, from https://www.who.int/director-general/speeches/detail/who-director-general-s-opening-remarks-at-the-media-briefing-on-covid-19---10-april-2020
Organization, W. H. (2020b). World Health Organization. Naming the coronavirus disease (COVID-19) and the virus that causes it [Internet]. Retrieved from https://www.who.int/emergencies/diseases/novel-coronavirus-2019/technical-guidance/naming-the-coronavirus-disease-(covid-2019)-and-the-virus-that-causes-it
Rahayu, A. C. (2020). Permintaan Multivitamin Melonjak di Sejumlah Perusahaan Farmasi Akibat Pandemi Corona. Retrieved April 6, 2020, from industri.kontan.co.id website: https://industri.kontan.co.id/news/permintaan-multivitamin-melonjak-di-sejumlah-perusahaan-farmasi-akibat-pandemi-corona
Ramadhani, P. I. (2021). Pandemi COVID-19, Pendapatan Ancol Susut 69,51 Persen pada 2020. Retrieved July 25, 2021, from liputan 6 website: https://www.liputan6.com/saham/read/4572359/pandemi-covid-19-pendapatan-ancol-susut-6951-persen-pada-2020
Republika. (2021). Kinerja Keuangan ASII Alami Penurunan Selama 2020. Retrieved August 27, 2021, from https://www.republika.co.id/berita/qp35yi423/kinerja-keuangan-asii-alami-penurunan-selama-2020
Riyanto, B. (2012). Dasar-dasar Pembelanjaan (4th ed.). Yogyakarta: BPFE.
Roosdiana. (2020). Dampak Pandemi Covid-19 terhadap Kinerja Perusahaan Property dan Real Estate yang terdaftar di BEI. Jurnal IKRA-ITH Ekonomika, 4(2), 133–141.
Rothan, H. A., & Byrareddy, S. N. (2020). The epidemiology and pathogenesis of coronavirus disease (COVID-19) outbreak. Journal of Autoimmunity, 109(February), 102433. https://doi.org/10.1016/j.jaut.2020.102433
Situmorang, R. T. (2020). Kuartal I/2020, Kinerja Sido Muncul (SIDO) Masih Bugar. Retrieved April 8, 2021, from market.bisnis.com website: https://market.bisnis.com/read/20200421/7/1230166/kuartal-i2020-kinerja-sido-muncul-sido-masih-bugar
Sohrabi, C., Alsafi, Z., O’Neill, N., Khan, M., Kerwan, A., Al-Jabir, A., … Agha, R. (2020). World Health Organization declares global emergency: A review of the 2019 novel coronavirus (COVID-19). International Journal of Surgery, 76(February), 71–76. https://doi.org/10.1016/j.ijsu.2020.02.034
Taylor, S. (2019). The Psychology of Pandemics. Cambridge Scholars Publishing.
Utami, D. N. (2020). Raih Pendapatan Rp99,9 Triliun, Laba Telkom (TLKM) Naik Kuartal III. Retrieved April 24, 2021, from market.bisnis.com website: https://market.bisnis.com/read/20201104/192/1313559/raih-pendapatan-rp999-triliun-laba-telkom-tlkm-naik-kuartal-iii
Verity, R., Okell, L. C., Dorigatti, I., Winskill, P., Whittaker, C., Imai, N., … Ferguson, N. M. (2020). Estimates of the severity of coronavirus disease 2019: a model-based analysis. The Lancet Infectious Diseases, 20(6), 669–677. https://doi.org/10.1016/S1473-3099(20)30243-7
Violandani, D. S. (2021). Analisis Komparasi Rasio Keuangan Sebelum Dan Selama Pandemi Covid-19 Pada Perusahaan Terbuka Yang Terdaftar Pada Indeks Lq45. Journal of Chemical Information and Modeling, 53(9), 1689–1699.
Wareza, M. (2021). Mengintip Kinerja Indosat 2020 di Tengah Pandemi. Retrieved April 24, 2021, from www.cnbcindonesia.com website: https://www.cnbcindonesia.com/market/20210219102046-17-224561/mengintip-kinerja-indosat-2020-di-tengah-pandemi
World Health Organization. (2020). Critical preparedness, readiness and response actions for COVID-19: interim guidance. Retrieved May 16, 2021, from https://apps.who.int/iris/handle/10665/331422
Yasin, F. (2012). Pengaruh Current Ratio ( CR ), Debt to Equity Ratio ( DER ), Total Asset Turnover ( TAT ), dan Net Profit Margin ( NPM ) terhadap Laba ( studi empiris pada perusahaan Food & Beverages yang terdaftar di Bursa Efek Indonesia ) ( Influences Of Current Ratio.
Published
How to Cite
Issue
Section
Copyright (c) 2021 Ilal Hilaliyah, Etty Gurendrawati, Dwi Handarini
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
