Covid-19 Pandemic: Is there any impact on the Agribusiness Index?

This study aims to determine if there was an increase in financial performance among companies in the Agri sector listed on the Indonesia Stock Exchange during the COVID-19 pandemic. A quantitative descriptive approach was used, analyzing secondary data from financial reports of Agri index companies for 2019 (pre-pandemic) and 2020 (during the pandemic). The research variables include the liquidity ratio (current ratio), leverage (debt-to-equity ratio), profitability (return on assets), and activity ratio (receivable turnover). The study found both increases and decreases in the financial performance of the sample companies across these variables. The findings provide insights for investors and stakeholders regarding the opportunities and risks in Indonesia's Agribusiness sector during the pandemic.

Authors

Publication Details

Journal
Research of Finance and Banking
Published
2024-10-16
DOI
https://doi.org/10.58777/rfb.v2i2.221
Citations
3
Primary Topic
COVID-19 Pandemic Impacts
Type
article
Field-Weighted Citation Impact
3.39
Controls
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article

Covid-19 Pandemic: Is there any impact on the Agribusiness Index?

Penny Chariti Lumbanraja, Saut Maruli Tua Pandiangan, Pretty Luci Lumbanraja
3 citations
Research of Finance and Banking
COVID-19 Pandemic Impacts
3.39
article

Covid-19 Pandemic: Is there any impact on the Agribusiness Index?

Penny Chariti Lumbanraja, Saut Maruli Tua Pandiangan, Pretty Luci Lumbanraja
article en
3 citations

Abstract

This study aims to determine if there was an increase in financial performance among companies in the Agri sector listed on the Indonesia Stock Exchange during the COVID-19 pandemic. A quantitative descriptive approach was used, analyzing secondary data from financial reports of Agri index companies for 2019 (pre-pandemic) and 2020 (during the pandemic). The research variables include the liquidity ratio (current ratio), leverage (debt-to-equity ratio), profitability (return on assets), and activity ratio (receivable turnover). The study found both increases and decreases in the financial performance of the sample companies across these variables. The findings provide insights for investors and stakeholders regarding the opportunities and risks in Indonesia's Agribusiness sector during the pandemic.

Research of Finance and BankingVol. 2(2)
Openalex Percentile: Top 6%
COVID-19 Pandemic Impacts
3.39
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