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- W4328135566 abstract "Financial ratio analysis is widely used in conducting fair comparisons across time and between various businesses or industries from their financial statements. The outbreak of the COVID-19 pandemic affected the performance of most industry by closing off business operations in most economies across the globe. This study investigates the impact of COVID-19 pandemic on the performance of the medical industry based on ratio analysis in terms of three leading pharmaceutical companies (i.e., Pfizer, Moderna, and BioNTech). According to the analysis, the performance of the healthcare sector was poor during the pandemic period, calling for appropriate contingency planning to help prepare the industry appropriately for any similar disruptions in the future. In brief, it is notable that the pandemic had a negative impact on the medical industry. The ratio analysis presents a negative trend in growth of the industry stakeholders during the pandemic period. This is an indication of the negative outlook of the industry. These results shed light on guiding further exploration of investments on medical industry before, during and after the pandemic COVID-19." @default.
- W4328135566 created "2023-03-22" @default.
- W4328135566 creator A5012713223 @default.
- W4328135566 date "2023-03-02" @default.
- W4328135566 modified "2023-09-26" @default.
- W4328135566 title "The Impact of COVID-19 on the Medical Industry Based on Ratio Analysis" @default.
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- W4328135566 doi "https://doi.org/10.54691/bcpbm.v38i.3729" @default.
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