Analisa Perbandingan Aspek Pengukuran Kinerja Keuangan Sebelum dan Masa Pandemi Covid-19 Industri Telekomunikasi di Bursa Efek Indonesia

Abstract

This study aims to determine differences in financial performance from the Solvency and
Profitability ratios before and during the covid 19 pandemic. The study was directed to PT
Telkomsel. Information is collected using a documentation strategy as financial reports in the first,
second and third quarters of 2019 and 2020. The testing strategy uses the Different Test t Test with
the Paired Samples t Test, which compares data before the COVID-19 pandemic with data during
the COVID-19 pandemic. The results of the review show that Solvency (DER) during the covid 19
pandemic increased compared to before the covid 19 pandemic, while Profitability (ROA) during
the covid 19 pandemic decreased compared to before the covid 19 pandemic. Then there were
significant differences in financial performance before and during the covid 19 pandemic, both
from the Solvency point of view as measured by the Debt Equity Ratio (DER) and from the
Profitability point of view as measured by the Return On Assets (ROA) Ratio. The result of the
research is that the high Solvency (DER) value and low profitability (ROA) value with this
assumption lasting for a long period of time will affect the reduced level of confidence of creditors
or potential creditors and investors or potential investors to the company.