Financial Performance Analysis Using Liquidity Ratio, Solvability Ratio, and Rentability Ratio in Property & Real Estate Industry Before and After Global Financial Crisis 2008
| Main Author: | Karima, Anida |
|---|---|
| Format: | bachelorthesis doc-type Bachelors |
| Bahasa: | ind |
| Terbitan: |
, 2017
|
| Online Access: |
http://repository.unpad.ac.id/frontdoor/index/index/docId/6707 |
Daftar Isi:
- Global financial crisis 2008 considered as the worst financial crisis after the Great Despressions in 1930s. It impact the economic growth globally, especially in real estate and property sector. In United States, many properties has been considered foreclosure due to default of subrprime mortgage. Back in 1998, real estate and property sector is the first that affected by monetary crisis. Since the BI rate and bank interest rate increase, property developers sales decrease. In order to assess the performance due to reduction of sales, financial performance analysis is one of the tool to conduct the assessment. Using liquidity, solvability and rentability ratio to assess risk and return. This study is aimed at explaining the abovementioned phenomena. This study observes 15 real estate and property sub sector companies listed in Indonesia Stock Exchange before and after global financial crisis 2008 during the period of 2007 – 2010. This study employs Paired Sample T-Test Method to assess significant differences. The result shows that only Return on Assets sub variable that significantly influenced by the global financial crisis 2008