Amkor Technology Inc (AMKR)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,133,550 | 1,119,820 | 959,072 | 826,744 | 698,002 |
| Short-term investments | US$ in thousands | 512,984 | 474,869 | 281,964 | 251,530 | 133,769 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,455,280 | 1,384,480 | 1,662,410 | 1,679,740 | 1,315,990 |
| Quick ratio | 1.13 | 1.15 | 0.75 | 0.64 | 0.63 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,133,550K
+ $512,984K
+ $—K)
÷ $1,455,280K
= 1.13
The quick ratio of Amkor Technology Inc has shown a steady improvement over the years, starting at 0.63 as of December 31, 2020, increasing to 1.13 as of December 31, 2024. This indicates that the company's ability to meet its short-term obligations with its most liquid assets has become stronger over the years. A quick ratio above 1 suggests that the company is in a healthy financial position, with sufficient liquid assets to cover its short-term liabilities. The upward trend in the quick ratio is a positive indicator of the company's liquidity and financial health.
Peer comparison
Dec 31, 2024