印度尼西亚和土耳其旅游业上市公司在covid 19爆发时的财务分析

Abstract

COVID-19 outbreak is global disease that impact most of industries in the world. Tourism is one of industry shocked by COVID-19. Curfew policy and social distance caused most of tourism sector such as tourism, hotel, and restaurant were closed. The purpose of this study is to analyze financial statement of tourism industries in Indonesia and Türkiye using financial ratio analysis. We employ financial analysis of credit (risk) analysis and profitability analysis during lockdown. We employ 27 financial statements of tourism firms in both countries in 2020. Based on the result, we found that profitability ratio that have significant differences in both countries such as ROA, ROE, and net margin. Although other measurement such as, current asset ratio, quick ratio, asset turn over, debt to equity ratio, and short term debt to equity ratio have no significant. The result informs that tourism of listed firms in Indonesia and Türkiye have significantly difference in profitability ratio. However, capability of managing liquidity, utilizing asset and managing capital structure and solvency has no significant difference. The result implies that tourism industries both in Indonesia and Türkiye have similar issues in liquidity, utilizing asset, and solvency, because they have to face diminishing income during COVID-19. Hence, it will effect on the liquidity.

Comparative Analysis Of Financial Performance Of Transportation And Hospitality Sector Companies Before And During The Covid-19 Pandemic Publication Text

“…Thus, the DER value of transportation and hotel companies before the Covid-19 pandemic was not lower than during the Covid-19 pandemic. This research is supported by research Yulianingtiyas (2022), Indiraswati & Rahmayanti (2022, VO & Tran (2021), Rachmawati et al, (2021), andDamayanti &Aslanoglu (2022). D. The PER value of transportation and hotel companies before the Covid-19 pandemic was not higher than during the Covid-19 pandemic Test results based on calculations that have been carried out show that the PER value of transportation and hotel companies before the Covid-19 pandemic was not higher than during the Covid-19 pandemic.…”

The Influence of Internal Audit and Risk Control on Crisis Management in the Tourism Industry in Indonesia

“…This research aims to fill that void by conducting a rigorous quantitative analysis to uncover the intricate relationship between internal audit, risk control, and crisis management in the Indonesian tourism sector. The study will analyze financial statements of tourism industries in Indonesia and Türkiye using financial ratio analysis [19]. Additionally, it will examine the impact of investment, wages, and tourist visits on employment within the Indonesian recreation industry [1].…”