We provide the theoretical and empirical insights into the impact of COVID-19 on Amazon's financial position. The longitudinal case study of Amazon's financial situation during the period of 2016-2020, and Time Series analysis, Ratio analysis and Dupont analysis are employed as a quantitative methodology to explore Amazon's financial situation changes before and after the COVID-19. As the robustness in depth analysis, we compare Amazon's financial performance and position with Walmart. The result show that COVID-19 epidemic does not have a huge negative impact on company's financial performance because of their promotion of the devel-opment of Amazon and Walmart. However, this study provides an in-depth analysis of the influence of COVID-19 in Amazon's financial situation, which financial aspects are most affected by COVID-19, which are not, and company's response to COVID-19. Therefore, this study sheds the light on accounting literature to demonstrate the impact of COVID-19 on internet companies' financial performance and provide some references value for subsequent academic research.
- financial statement analysis
- Dupont analysis