Amkor Technology Inc (AMKR)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	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	2,001,530	1,663,000	1,513,120	2,002,930
Total current liabilities	US$ in thousands	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	1,059,800	992,255	1,038,890	1,467,620
Current ratio		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	1.89	1.68	1.46	1.36

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,195,810K ÷ $1,384,480K
= 2.31

The current ratio of AMKOR Technology Inc. has exhibited some fluctuations over the past eight quarters. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities.

In the most recent quarter, Q4 2023, AMKOR reported a current ratio of 2.31, which indicates a strong liquidity position. This means the company has $2.31 in current assets for every $1 in current liabilities, signifying that it is well-equipped to meet its short-term obligations.

Looking back at the previous quarters, the current ratio has varied between 1.66 and 2.08. The company experienced a slight dip in Q3 2023 with a current ratio of 1.95, but it bounced back in Q4 2023 to reach the highest level in the past eight quarters.

Overall, AMKOR Technology Inc.'s current ratio has generally been above 1 over the past two years, reflecting a healthy liquidity position. The upward trend in the current ratio in recent quarters suggests an improvement in the company's ability to manage its short-term obligations with its current assets.