<![CDATA[Net income is a key indicator of a company's success in managing its financial resources, particularly in the capital-intensive wood and paper industry sub-sector, which is highly vulnerable to commodity price fluctuations. This study aims to analyze the effect of Quick Ratio (QR) and Debt to Asset Ratio (DAR) on Net Income in wood and paper industry sub-sector companies listed on the Indonesia Stock Exchange (IDX) during the 2016-2025 period. The population consisted of 17 companies, with a sample of 6 companies obtained through purposive sampling, resulting in 60 observations over ten years. This study applies a quantitative associative approach using secondary data analyzed through multiple linear regression assisted by SPSS version 27. The results show that, partially, Quick Ratio has no significant effect on Net Income, whereas Debt to Asset Ratio has a negative and significant effect on Net Income. Simultaneously, both independent variables have a significant effect on Net Income, contributing 16.4% (R Square), while the remaining 83.6% is explained by other variables outside this research model. These findings indicate that debt-based funding structure has a more dominant influence on profitability than short-term liquidity in the wood and paper industry sub-sector.]]>
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