Analysis of Financial Distress and Financial Performance Before and After the Covid-19 Pandemic

This study aims to analyze differences in financial distress measured using the Grover Score model and financial performance measured using Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE). This study uses data from industrial sector companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. The sample used is purposive sampling method. The population in this study were 55 companies and 43 industrial sector companies that were included in the criteria, so the sample data for this study were 129 industrial sector companies. The tests used in this study were the Descriptive Statistical Test, the Normality Test using the Kolmogorov-Smirnov test, and the Difference Test using the Wilcoxon Signed Ranks Test. The results of this study indicate that there are differences in the financial distress, Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE) of industrial sector companies between before and after the Covid-19 pandemic.