Thi Ngoc Bui; Xuan Hung Nguyen; Kieu Trang Pham - In: International Journal of Financial Studies : open … 11 (2023) 3, pp. 1-20
indicators, namely, return on assets (ROA), return on equity (ROE), and Tobin’s Q, is assessed. The findings indicate that the … debt ratio exhibits a positive influence on ROA, ROE, and Tobin’s Q, with Tobin’s Q displaying the most pronounced impact … value. Interestingly, both short-term and long-term debt ratios have negative effects on ROA, ROE, and Tobin’s Q, with the …
