KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SESUDAH PENAWARAN SAHAM PERDANA DI BURSA EFEK INDONESIA
Authors: Ritha Henny , Kurniasari Yusi Wahmisa 
Published: June 2022

The purpose of this research is to analyze differences in the company's financial performance before and after the initial public offering (IPO) on the Indonesian stock exchange using financial ratios. The research variables consisted of Current Ratio, Debt Equity Ratio, Debt Asset Ratio, Return on Equity, Return on Asset, Net Profit Margin, Fixed Asset Turnover, Turn Asset Turnover. The population in this research were companies that conducted an IPO in 2014 and selected samples based on the purposive sampling method were 14 companies. The method of data analysis uses paired test with the Wilcoxon signed ranked test. The results showed that there were no significant differences on Current Ratio, Return on Asset, Net Profit Margin, Fixed Asset Turnover and Total Asset Turnover before and after the IPO while significant differnces were found on Debt Equity Ratio, Debt Asset Ratio and Return on Equity.

Keywords: Financial performance, Financial ratio, IPO.

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