ANALYSIS OF FINANCIAL PERFOMANCE IN HEALTH SECTOR COMPANIES BEFORE COVID-19 (2018-2019) AND DURING COVID-19 (2020-2021)
The COVID-19 pandemic has had a negative impact on all countries, the Indonesian economy has experienced a decline. The occurrence of termination of employment relationships from various companies has become a common thing during the COVID-19 pandemic. All forms of things and policies are given by t...
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| Format: | Theses |
| Language: | Indonesia |
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| Online Access: | https://digilib.itb.ac.id/gdl/view/67388 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | The COVID-19 pandemic has had a negative impact on all countries, the Indonesian economy has experienced a decline. The occurrence of termination of employment relationships from various companies has become a common thing during the COVID-19 pandemic. All forms of things and policies are given by the government to minimize the impact of this pandemic. Various kinds of corporate sectors in Indonesia have their own impact. The health sector is a sector that has a direct influence on the COVID-19 pandemic because it is directly related to health.
This research aims to measure and analyze the financial performance of health sector companies before COVID-19 (2018-2019) until now (2020-2021). The health sector in this research is divided into 4 sub-sectors which are analyzed based on these sub-sectors: namely the hospital sub-sector, pharmaceutical sub-sector, laboratory sub-sector and medical equipment sub-sector.
This study will analyzed the financial performance of health sector companies from 2018-2021 using 5 financial ratios. These financial ratios include Profitability Ratios, Liquidity Ratios, Activity Ratios, Market Ratios and Leverage Ratios (solvability). The analysis was conducted on 20 companies in the health sector, including 7 in the hospital sector, 10 in the pharmaceutical sector, 2 in the laboratory sector and 1 in medical equipment. Dupont analysis is also used to see the profitability of the company in terms of debt, net income, and turnover of the total assets of each company.
Financial performance analysis using financial ratios aims to see how the performance of health sector companies before and during the COVID-19 pandemic. Looking at the results of the analysis of the financial ratios of each company, most companies respond and perform well to the COVID-19 pandemic, increased sales, increased inpatients, outpatients and licenses in the distribution and manufacture of COVID-19 vaccines are the main factors why this health sector company is increasing.
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