| Variables | (1) | (2) |
| ROA | ROE | |
| Power_Sales | 0.00305*** | 0.00579*** |
| (0.000288) | (0.000610) | |
| Interest_Rate | −0.206** | −0.214** |
| (0.156) | (0.156) | |
| Loan_Amount | 0.645** | 0.391** |
| (0.476) | (0.472) | |
| Loan_Maturity | 0.418** | 0.003 |
| (0.034) | (0.771) | |
| Rating | −0.00246** | −0.00934*** |
| (0.00104) | (0.00220) | |
| Size | −0.0106 | 0.0384 |
| (0.0194) | (0.0411) | |
| Leverage | 0.288*** | 0.694*** |
| (0.0149) | (0.0315) | |
| Market_Book (M/B) | 0.00195 | 0.0141*** |
| (0.00206) | (0.00437) | |
| Sales_Growth (S/G) | −1.81E−05 | −2.03E−05 |
| (1.31E05) | (2.77E05) | |
| Tangibility | −0.0910*** | −0.248*** |
| (0.0299) | (0.0635) | |
| Profitability | 0.00186*** | 0.00726*** |
| (0.000232) | (0.000492) | |
| Constant | 0.182 | −1.148 |
| (0.476) | (1.009) | |
| Observations | 125 | 124 |
| R-squared | 0.995 | 0.997 |
| Number of id | 116 | 115 |