Comparison of Leverage, Size, Profitability Before and After The Covid-19 Pandemic in Consumer Goods Companies in Indonesia
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Profitability,
Covid-19
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Abstract
Capital structure is an important financial decision related to the use of debt and equity in financing company assets and operations. The COVID-19 pandemic created economic uncertainty that potentially affected company financial performance. This study aims to examine and compare leverage, firm size, and profitability before and after the COVID-19 pandemic in consumer goods companies listed on the Indonesia Stock Exchange. The research method used in this study is quantitative with a comparative research design. The sampling technique used is purposive sampling with criteria including consumer goods companies listed on the Indonesia Stock Exchange and consistently publishing financial reports during 2019–2020. The analytical method used in this study is the paired sample t-test. Data processing and statistical analysis were carried out using the IBM SPSS program. The results of this study indicate that leverage and firm size show no significant difference between the period before and after the COVID-19 pandemic. However, profitability shows a significant difference between the two periods. These findings indicate that although company funding structure and company scale remained relatively stable, the pandemic had an impact on the ability of companies to generate profits.
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