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Ayi Astuti

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Open access Aug 2026

The Effect of Debt to Assets Ratio (DAR) and Cash Ratio on Corporate Profitability

This study aims to analyze the effect of Debt to Assets Ratio (DAR) and Cash Ratio on profitability, measured by Net Profit Margin (NPM), of Consumer Non-Cyclicals companies listed on the Indonesia Stock Exchange (IDX) during 2021–2025. The study uses panel data from 11 companies, resulting in 55 observations, and appl...

Ayi Astuti · 0 citations

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