Financial stability of Food and Beverage companies unaffected by COVID-19 pandemic.
The article examines how the Covid-19 pandemic affected the financial performance of companies in the Food and Beverage industry. The researchers analyzed various financial ratios like Current Ratio, Quick Ratio, Debt to Assets Ratio, Debt to Equity Ratio, Net Profit Margin, and Return on Equity. The results showed that there was no significant difference in liquidity, solvency, and profitability ratios before and during the pandemic for these companies.