ANALYSIS OF GOING CONCERN OF PT GOTO GOJEK TOKOPEDIA, TBK AFTER POST ACQUISITION IN THE PERIOD 2021 TO 2023

Abstract

This research study aims to investigate whether there are the significant influence from Liquidity, Solvency, Profitability, Discounted Cash Flows, and Free Cash Flow ratios towards going concern (Sustainability) of PT GOTO Tbk. In measuring all those variables, the researcher used secondary data from Indonesian Stock Exchange (IDX) with selected population of this study is Indonesia Stock Exchange during 2021 - 2023 period in Quaterly. The study uses which has selected 15 ratios, with the total of observation data of 180 observation data calculated uses quarterly data which starting from Q1 2021 until Q4 2023 using SPSS 26. In testing all the hypothesis, this study uses multiple linear regression analysis technique. The results reveals that none of the independent variables has influence towards going concern (Sustainability) of PT GOTO, Tbk. It could be concluded that none of the financial ratios that researcher used show sinergy each other to influence going concern.