ANALYSIS OF FINANCIAL RATIOS OF COMPANIES IN THE FINANCIAL SECTOR LISTED IN THE STOCK EXCHANGE OF THAILAND DURING THE COVID-19.

Abstract

The objectives of this research article were to: 1) analyze financial ratios of financial business groups listed on the Stock Exchange of Thailand 2) analyze the impact of COVID-19 on financial ratios 3) to compare financial ratios in each aspect. The sample data was collected from 30 companies in the specific financial sector. The data used in the study were secondary data from the quarterly financial statements. From Q1 2019 to Q2 2020 and comparative analysis of company performance using t-test. The results of the study found that The banking and finance and securities sectors have consistently good profitability. For the insurance and life insurance groups, there is a tendency to operate with a tendency to adjust. But still has quite good profitability. Because during the Covid-19 Insurance and life insurance groups sell a lot of insurance, increasing this ratio. On the monetary policy side, the debt-to-equity ratio decreased. However, the impact of COVID-19 on financial ratios revealed that insurance and life insurance groups were the most affected. The funds and securities groups were not affected. and when comparing the performance of the previous and during the situation of the Covid-19 virus the financial business group companies had lower financial ratios. Only the profitability of the asset turnover rate. but the ability to operate and financial policy There is no difference in performance. In conclusion, it is not affected by the COVID-19.