“…So the higher the debt (DER) tends to lower the stock return. This is in accordance with research conducted by Sutriani [12], Erari [2], Hidayat and Nur [13] Basalama, Murni, and Sumarauw [14], Raningsih and Putra [5], Handayati and Zulyanti [15], Asmi [6], Putriani and Sukartha [16], which states that stock returns are influenced by the ups and downs of DER.…”