THE IMPACT OF THE COVID-19 PANDEMIC ON THE FINANCIAL PERFORMANCE OF PT MNC LAND TBK: ANALYSIS FOR THE PERIOD 2020–2024

Abstract

This research aims to analyze the financial performance of PT MNC Land Tbk through the ratio of liquidity, profitability, and Leverage as the main indicators in measuring the company's financial health after the Covid-19 pandemic. The background of this research is based on the importance of financial evaluation to find out the company's ability to maintain stability and performance growth after the pandemic, both in generating profits and fulfilling its long-term obligations. The method used in this research is quantitative analysis with the processing of company financial statement data. The ratios used include the liquidity ratio (current ratio and quick ratio) to measure the ability to fulfill short-term obligations, profitability ratio (return on assets, return on equity, and net profit margin) to assess the company's efficiency in generating profits, as well as the leverage ratio (debt to asset ratio and debt to equity ratio) to assess the company's ability to manage liabilities to assets and capital. The results of the analysis show that PT MNC Land Tbk has a good level of liquidity, showing the company's ability to fulfill short-term obligations effectively. In terms of profitability, the company recorded a positive performance with a stable profit level. Meanwhile, the company's solvency shows a healthy and efficient capital structure in supporting long-term operations. Overall, the results of this study confirm that financial ratio analysis can provide a comprehensive picture of the company's financial condition and become an important basis for managerial and investment decision-making