Achmad Kautsar, Ina Uswatun Nihaya, Nunik Dwi Kusumawati, Rasyidi Faiz Akbar, Muhammad Fajar Wahyudi Rahman, Hafid Kholidi Hadi, Tony Seno Aji
It is believed that human progress of the times and technological advancements will be of assistance to technology firms in reaching optimal financial performance and prospering in their respective fields. The purpose of this study is to determine the relationship between the size of a company, its leverage, its growing sales, and its liquidity and its financial success, which will be assessed by its return on assets, return on equity, and return on investment. It is difficult to generalize about the impact that the independent variables have on the monetary output of businesses operating in the technology sector in Indonesia. The size of a corporation has a negative impact on a company's ROE and ROI, while having no effect on ROA. There is a wide range of consequences that can be caused by leverage, some of which include a positive influence on ROA, a negative impact on ROE, and no impact on ROI. The increase in sales has no impact whatsoever on ROA, ROE, or ROI. There is no effect of liquidity on ROE, but it does have a negative influence on ROA and ROI. © 2023 IEEE.
Universitas Negeri Surabaya, Digital Business Study Program, Surabaya, Indonesia; Universitas Negeri Surabaya, Management Study Program, Surabaya, Indonesia; Universitas Negeri Surabaya, Economics Study Program, Surabaya, Indonesia
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