https://dinastirpub.org/DIJEMSS Vol. 4, No. 1, October 2022 104 | Page e-ISSN: 2686-6331, p-ISSN: 2686-6358 DOI: https://doi.org/10.31933/dijemss.v4i1 Received: 23 October 2022, Revised: 18 November 2022, Publish: 30 November https://creativecommons.org/licenses/by/4.0/ Determinants of Liquidity Ratio and Profitability Ratio: Analysis Before IPO and After IPO (Financial Management Review Literature) Harry Pambudi Master of Management Program Student, University Terbuka, email: 530083149@ecampus.ut.ac.id Corresponding author: Harry Pambudi Abstract: Literature article Reviewing Determinants of Liquidity Ratios and Company Profitability Ratios related to the influence of Pre-IPO Conditions and Post-IPO Conditions is a scientific article to formulate research hypotheses on the influence of variables in subsequent research, within the scope of Financial Management. Writing this Literature Review article uses the library research method, sourced from Google Scholar, Mendeley and other academic online media. The results of this Literature Review article are: 1) The Effect of Company Conditions Before IPO on its Liquidity Ratio; 2) The Influence of the Company's Condition After the IPO on its Liquidity Ratio; 3) Influence of Company Conditions Before IPO on Profitability Ratios; 4) The Influence of Company Conditions After IPO on Profitability Ratios; and 5) Analysis of the Effect of Liquidity Ratios on Company Profitability Ratios. Apart from these 2 exogenous variables that affect the endogenous variable Liquidity Ratio and Profitability Ratio, things that can also be other factors are Sales Growth, Earning per Share (EPS) variables, and Ownership Structure. Keyword: Liquidity Ratio, Profitability Ratio, Conditions Before IPO, and Conditions After IPO INTRODUCTION All students at the Strata 1, Strata 2, and Strata 3 levels, are obliged to conduct research in the form of theses, theses, and dissertations. Once the lecturers, researchers, and other functional staff are obliged to actively conduct research and make scientific articles to be published in scientific journals. Based on the empirical experience of many young students and lecturers as well as other researchers, it is difficult to find supporting articles in the form of previous research results or relevant research results. Relevant research articles are required in support the theory under study, to see the relationship between variables, and build hypotheses, is also very necessary in the discussion section of the research results. This article discusses the influence of the Company's Conditions Before the IPO and Post-IPO Company Conditions on