Abstract
The current state of the tourism industry is being hit by the COVID pandemic which has caused the industry to collapse so that the performance of this industry must begin to tighten its operations in the face of the covid-19 pandemic crisis. In assessing the financial performance of the hospitality business, investors learn a lot about the factors shown by the financial statements of each hospitality institution such as profitability, firm size and growth and its tangibility so that investors can determine how profitable this business is. The purpose of this study is to analyze Influence of Return on asset (ROA), Growth, Size Firm, Tangibility on Debt To Equity Ratio as well as influence between Return On Assets (ROA) and Firm Size against debt To Equity (DER), Sample research on 18 hospitality companies in Indonesia shows that Return of assets has no positive effect on Debt to Equity, for Growth has a negative effect on Debt to Equity, Firm Size and Tangibility has a positive effect on Debt to Equity. From this result, investors are expected to obtain information and references in investing in the Hospitality industry so that investors will benefit.
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