Amkor Technology Inc (AMKR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,073,470 | 3,195,810 | 3,301,240 | 2,856,560 | 2,132,930 |
| Total current liabilities | US$ in thousands | 1,455,280 | 1,384,480 | 1,662,410 | 1,679,740 | 1,315,990 |
| Current ratio | 2.11 | 2.31 | 1.99 | 1.70 | 1.62 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,073,470K ÷ $1,455,280K
= 2.11
The current ratio of Amkor Technology Inc has shown a consistent upward trend over the past five years, indicating a strengthening liquidity position. The ratio has increased from 1.62 in December 2020 to 2.11 in December 2024. This suggests that the company's ability to cover its short-term obligations with its current assets has improved significantly. A current ratio above 1 indicates that the company has more current assets than current liabilities, providing a buffer against potential liquidity challenges. However, the decline in 2024 compared to 2023 may warrant further investigation into the company's short-term liquidity management.
Peer comparison
Dec 31, 2024