ANALISIS RASIO PROFITABILITAS DAN RASIO LIKUIDITAS DALAM MENILAI KINERJA KEUANGAN PERUSAHAAN SUB SEKTOR TELECOMMUNICATION PASCA PANDEMI COVID-19

Abstract

This study aims to calculate and determine the increase in profitability and liquidity ratios in assessing financial performance in Telecommunication sub-sector companies listed on the IDX after the Covid-19 pandemic from 2019-2021. The analytical tools used in this study are Net Profit Margin, Return On Investment, Return On Equity, Current Ratio, Quick Ratio, and Cash Ratio.

The results showed that there was an increase in the profitability ratio measured using the Net Profit Margin variable and fluctuated in the profitability ratio measured using the Return On Investment variable, and Return On Equity after Covid-19, most of the decline occurred in the year because in 2020 there was a Covid-19 pandemic in Indonesia, causing most companies in the Telecommunication sub-sector to decrease, because net profit decreased from the previous year. Then in 2021, the company began to see an increase in net profit so that its performance began to improve. The liquidity ratio measured using the Current Ratio, Quick Ratio, and Cash Ratio in 2020 also decreased due to the Covid-19 pandemic that occurred in Indonesia, causing the company to decline in managing its current debt, The Quick Ratio, and Cash Ratio in 2020 also decreased due to the Covid-19 pandemic that occurred in Indonesia, causing the company to decline in managing its current debt, then in 2021 there began to be an increase which showed that the company began to be able to manage its performance.