Amkor Technology Inc (AMKR)

Return on total capital

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before interest and tax (EBIT)	US$ in thousands	500,523	914,276	763,962	448,489	233,170
Long-term debt	US$ in thousands	1,071,830	1,088,520	984,988	1,005,340	1,305,760
Total stockholders’ equity	US$ in thousands	3,962,310	3,668,750	2,942,280	2,325,700	1,963,740
Return on total capital		9.94%	19.22%	19.45%	13.46%	7.13%

December 31, 2023 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $500,523K ÷ ($1,071,830K + $3,962,310K)
= 9.94%

AMKOR Technology Inc.'s return on total capital has fluctuated over the past five years. In 2023, the return on total capital was 9.00%, which represents a decrease from the previous year's 18.10%. However, when compared to 2020 and 2019, the return on total capital has shown an overall positive trend, with figures of 13.09% and 6.73% respectively. The highest return on total capital was recorded in 2021 at 18.57%. The variations in the return on total capital indicate changes in the company's ability to generate profits from its total capital investments over the years. Further analysis and comparison with industry benchmarks may provide insights into the company's performance and competitiveness in the market.