Financial Health Analysis and Measurement of Traditional Herbal Industry in Indonesia during Pandemic Covid-19 in the Periods of 2019- 2021 A Case Study of PT Sidomuncul, Tbk.

Corona virus that had occured at the end of 2019 then quickly become World-wide Pandemic. This pandemic caused panic situation among the people, eventhough there was a modern medical technology available that was expected to solve the problem. Then, most people in Indonesia were turned into traditional herbal as an alternative treatment, as well as to boost body's immunity to prevent from being infected. That makes an assumption that traditional herbal industry were making good business during the period. However, the Government’s restriction on people activities and mobility limitation, were applied to all businesses, includes PT Sidomuncul, Tbk one of the players in traditional herbal and pharmacy industry. The company has been thriving in managing their business before the pandemic. This study aims to analyze and measure the financial healths of the company by reviewing key financial ratios, such as profitability, liquidity, solvency, and activity ratios based on its audited financial reports during periods of 2019 – 2021.The authors believe that the findings will be helpful to illustrate the impact of the covid-19 pandemic.