THE RESILIENCE OF FAST MOVING CONSUMER GOODS COMPANIES DURING THE COVID-19 PANDEMIC

Abstract

This study aims to determine the resilience of Fast Moving Consumer Goods companies by analyzing differences in financial ratios before and during the Covid-19 pandemic in Fast Moving Consumer Goods companies listed on the Indonesia Stock Exchange for the 2019-2020 period. The financial ratios used are Current Ratio (CR), Debt to Assets Ratio (DAR), Total Asset Turnover (TATO), Return On Equity (ROE), Price EarningS Ratio (PER). The population in this study were Fast Moving Consumer Goods companies listed on the Indonesia Stock Exchange, and the sampling was carried out purposively, namely companies registered in the year the Covid-19 Pandemic occurred, 2019-2020. The final results obtained 77 companies as samples. The data analysis method used was paired sample t-test and Wilcoxon Signed Rank Test. The results of data analysis show that only total asset turnover and return on equity are different between before and during the pandemic.