roe

roa

Variable

ρ value

coefficient

ρ value

coefficient

−2

−0.12511**

−2.72

−0.011*

covid19

1.33

0.017

2.45

0.0229**

sales revenus

−1.96

−0.03339**

−3.85

−0.046*

debt

−2.85

−0.0305*

−3.33

−0.0235*

tang

2.19

0.0763**

3.25

0.0396*

fcf

12.83

0.02837*

8.14

0.0112*

size

−12.17

−0.38144*

−5.23

−0.1387*

growth

34.455

32.132

R2 adjusted