Pembimbing : Reschiwati

ABSTRACT :

This study aims to empirically examine on how much is the effect of COVID-19 pandemic to the financial performance of various companies that engages on transportation services sector that is listed on Indonesia Stock Exchange by observing their financial ratios. This study uses secondary data. The data that is taken is in the form of financial statement that can be accessed publicly at Indonesia Stock Exchange’s webpage. The studied financial statements are from Q3 2019 and Q3 2020.

The sample of this study are companies from transportation sector that are listed at Indonesia Stock Exchange which are picked by using the purposive sampling method. With this method, thus gathered 16 companies that fit the criteria of this study. This study use comparative method. The analyzed variables are liquidity ratio, solvency ratio, profitability ratio, and activity ratio.

The test that is used in this study is the paired sample t-test with Wilcoxon signed-rank test using a statistics software, Jamovi. The result of this study shows that the effect of the COVID-19 pandemic on liquidity and solvency ratio is negative and not significant, while the effect of the COVID-19 pandemic on profitability and activity ratio is negative and significant.

Key Words: COVID-19 pandemic, liquidity ratio, solvency ratio, profitability ratio, activity ratio.