Amkor Technology Inc (AMKR)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	3,073,470	3,244,320	3,136,840	3,045,020	3,195,810	3,125,640	2,999,050	3,033,600	3,301,240	3,201,150	2,963,890	2,939,560	2,856,560	2,575,120	2,371,040	2,114,050	2,132,930	2,268,570	2,341,800	2,153,700
Total current liabilities	US$ in thousands	1,455,280	1,572,830	1,506,600	1,303,200	1,384,480	1,602,090	1,576,490	1,457,550	1,662,410	1,789,160	1,784,960	1,623,120	1,679,740	1,738,980	1,679,650	1,316,860	1,315,990	1,375,370	1,282,840	1,047,750
Current ratio		2.11	2.06	2.08	2.34	2.31	1.95	1.90	2.08	1.99	1.79	1.66	1.81	1.70	1.48	1.41	1.61	1.62	1.65	1.83	2.06

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,073,470K ÷ $1,455,280K
= 2.11

Amkor Technology Inc's current ratio has shown fluctuations over the period under review. The company's current ratio was 2.06 as of March 31, 2020, indicating that it had $2.06 in current assets for every $1 in current liabilities. Subsequently, the ratio decreased to 1.41 as of June 30, 2021, before gradually improving to 2.11 as of December 31, 2024.

A current ratio above 1 generally indicates that a company has more current assets than current liabilities, suggesting good short-term financial health and liquidity. However, a ratio that is too high may imply inefficiency in managing current assets.

Overall, Amkor Technology Inc's current ratio has demonstrated variations but has generally remained above 1, reflecting the company's ability to cover its short-term obligations with its current assets. It is essential for stakeholders to continue monitoring this ratio to assess the company's liquidity position.