Abstract :
During the years 2020-2021, the Covid-19 pandemic caused many
businesses to experience a decline in income, a high increase of debt and its
interest, and even going bankrupt. The travel agency business is one of the business
sectors affected by the pandemic, with no exception to JASWITA Tour & Travel.
JASWITA Tour & Travel is a travel agency company under the auspices of the West
Java Provincial Owned Enterprise (BUMD). This study aims to determine the
financial performance of JASWITA Tour & Travel during the 2020-2021 Covid-19
pandemic when analysed using: (1) Liquidity Ratio, to measure JASWITA's ability
to finance daily operations; (2) Solvency Ratio, to measure JASWITA's ability to
pay its short-term and long-term obligations; and (3) Profitability Ratio, a
measurement of JASWITA's ability to generate profits. In the results of this study,
it was found that the financial performance of JASWITA Tour & Travel during the
period of 2020-2021 was considered good in the Liquidity ratio, considered good
for the company owners in the Solvency ratio, but considered not good in the
Profitability ratio.