Sibisa Al Khairat Pamekasan Cooperative Financial Ratios During the Pandemic

Fadali Rahman, Heri Pratikto

Abstract


This study aims to assess the financial performance of the Sibisa Al-Khairat Cooperative during the pandemic by analyzing financial statements using financial ratios. This research data was obtained from the Sibisa Al-Khairat Cooperative with the financial ratios studied from 2019 to 2021. The results showed that the Sibisa Al-Khairat Cooperative's financial performance based on the liquidity ratio obtained a calculation below <100% with poor criteria. The solvency ratio of the Sibisa Al-Khairat Cooperative has poor criteria because the calculation result is greater than > 40%. While the profitability ratio of the Sibisa Al-Khairat Cooperative has poor criteria because in the last year it experienced a decline, this cannot be separated from the effects of the covid-19 pandemic that occurred until the last year.


Keywords


Financial Ratios; Financial Statement Analysis; Pandemic

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DOI: http://dx.doi.org/10.18415/ijmmu.v9i6.3781

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