Amkor Technology Inc (AMKR)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	359,813	406,552	580,019	640,511	765,823	818,048	692,821	693,849	642,995	553,143	464,440	394,058	338,138	310,611	272,530	207,656	120,888	50,036	52,628	94,669
Total assets	US$ in thousands	6,771,120	6,734,850	6,638,180	6,581,790	6,821,760	6,693,920	6,390,660	6,225,790	6,038,550	5,770,450	5,567,780	5,053,460	5,022,310	5,136,620	5,115,390	4,811,640	4,695,620	4,405,930	4,309,280	4,847,190
ROA		5.31%	6.04%	8.74%	9.73%	11.23%	12.22%	10.84%	11.14%	10.65%	9.59%	8.34%	7.80%	6.73%	6.05%	5.33%	4.32%	2.57%	1.14%	1.22%	1.95%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $359,813K ÷ $6,771,120K
= 5.31%

AMKOR Technology Inc.'s return on assets (ROA) has shown a declining trend over the past eight quarters. The ROA decreased from 11.23% in Q4 2022 to 5.31% in Q4 2023. This indicates that the company's ability to generate profits from its assets has weakened over time. The average ROA for the latest four quarters is 7.21%, showcasing a deterioration in the company's efficiency in utilizing its assets for profitability.

A falling ROA may indicate inefficiency in managing assets or declining profitability relative to the size of the asset base. Further analysis may be necessary to understand the root causes of this decline and implement strategies to improve asset utilization and profitability in the future.