Financial ratios impact company performance: TATO positive, WCTO negative, DER significant.
The study looked at how different financial ratios affect a company's financial performance. They focused on Total Assets Turnover, Working Capital Turnover, Debt to Equity Ratio, and Current Ratio. They used data from companies listed on the Indonesia Stock Exchange from 2015 to 2019. The results showed that Total Assets Turnover has a positive impact on financial performance, Working Capital Turnover has a negative impact, Debt to Equity Ratio has a negative impact, and Current Ratio doesn't have a significant impact.