| Variables | (1) | (2) |
| ROA | ROE | |
| Power_Sales | 0.000240** | 0.000511 |
| (0.000102) | (0.000411) | |
| Interest_Rate | −0.000288 | −0.000202 |
| (0.00935) | (0.00271) | |
| Loan_Amount | 0.003 | 0.002 |
| (0.771) | (0.895) | |
| Loan_Maturity | 0.108** | −0.030* |
| (0.041) | (0.0971) | |
| Rating | −0.000772 | 0.00103 |
| (0.00144) | (0.00522) | |
| Size | −0.0173** | −0.0670*** |
| (0.00684) | (0.0221) | |
| Leverage | −0.0284 | 0.0572 |
| (0.0363) | (0.142) | |
| Market_Book (M/B) | −0.000815 | −0.00439* |
| (0.000940) | (0.00254) | |
| Sales_Growth (S/G) | 6.15E−05** | 8.71E−05 |
| (2.84E05) | (6.65E05) | |
| Tangibility | 0.0969*** | 0.330*** |
| (0.0348) | (0.102) | |
| Profitability | 0.0379*** | 0.0822*** |
| (0.00776) | (0.0178) | |
| Constant | 0.438** | 1.627*** |
| (0.176) | (0.536) | |
| Observations | 1837 | 1836 |
| R-squared | 0.337 | 0.242 |
| Number of id | 525 | 525 |