Comparative Study on Financial Performance of Higher Education Legal Entities (PTN-BH) Before and During the Covid-19 Pandemic

Abstract

This study aims to determine the financial performance of 
Higher Education Legal Entities (PTN-BH) before and during 
the Covid-19 pandemic by using financial ratio assessments. 
The sampling technique was carried out using a purposive 
sampling method so that a total sample of 10 PTN-BH was 
obtained. The type of data used in this research is secondary 
data in the form of published financial report documents. 
The indicators for measuring financial performance consist of 
CR (Current Ratio), ROA (Return on Assets), ROE (Return on 
Equity), POBO (Operating Income to Operating Expenses) 
and FAT (Fixed Asset Turnover). Data analysis was performed 
using paired sample t test and Wilcoxon test. The results 
showed that there was no significant difference between 
PTN-BH before and during the Covid-19 pandemic in the 
ratios of ROA, ROE, POBO and FAT. While there are 
significant differences in the CR ratio.