THE IMPACT OF QUICK RATIO, DEBT TO EQUITY RATIO, FIRM SIZE, AND COVID-19 TOWARD RETURN ON EQUITY: A CASE STUDY OF TOURISM, RESTAURANT, AND HOTEL COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE (IDX)

  • Lufiyandi Supriatman Universitas Mulawarman
  • Justina Ade Judiarni Univeristas Mulawarman

Abstract

Abstract: The purpose of this study was to determine the Impact of Quick Ratio, Debt to Equity Ratio, Firm Size, and COVID-19 Toward Return on Equity: A Case Study of Tourism, Restaurant, and Hotel Company Listed on Indonesia Stock Exchange (IDX). Based of sampling technique uses purposive sampling so that the sample can be used as much as 27 companies. The type of data used is quantitative data and the data source is the annual reports published on the official website of the Indonesia Stock Exchange. The analytical tools used are descriptive statistics and panel data regression. The results obtained show that (1) Quick Ratio has a positive and no significant impact on Return on Equity. (2) Debt to Equity Ratio has a negative and significant impact on Return on Equity. (3) Firm size has a positive and no significant impact on Return on Equity. (4) COVID-19 has a negative and significant impact on Return on Equity.

Keywords: Return on Equity, Quick Ratio, Debt to Equity Ratio, Firm Size, COVID-19

Published
2023-10-02
How to Cite
Supriatman, L., & Justina Ade Judiarni. (2023). THE IMPACT OF QUICK RATIO, DEBT TO EQUITY RATIO, FIRM SIZE, AND COVID-19 TOWARD RETURN ON EQUITY: A CASE STUDY OF TOURISM, RESTAURANT, AND HOTEL COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE (IDX). ECOBESTHA , 2, 272-289. Retrieved from https://conference.univpancasila.ac.id/index.php/ecobestha/article/view/82
Issue
Vol 2 (2023): PROCEEDINGS ECOBESTHA
Section
Articles