Amkor Technology Inc (AMKR)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.67 | 1.71 | 1.86 | 2.05 | 2.16 |
Amkor Technology Inc's solvency ratios reflect a strong financial position with consistent indicators of low debt levels relative to assets, capital, and equity. The debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio remained at 0.00 over the years, indicating that the company finances its operations primarily through equity rather than debt.
Furthermore, the financial leverage ratio has shown a declining trend from 2.16 in 2020 to 1.67 in 2024. This indicates that the company has been effectively reducing its reliance on debt to fund its activities, which enhances its financial stability and ability to weather economic downturns.
Overall, the solvency ratios for Amkor Technology Inc suggest a healthy balance sheet and a conservative approach to financial leverage, which bodes well for the company's long-term financial health and sustainability.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 7.64 | 7.97 | 15.63 | 14.88 | 7.03 |
The interest coverage ratio for Amkor Technology Inc has shown some fluctuations over the years. In 2020, the ratio stood at 7.03, indicating the company's ability to cover its interest expenses by its operating earnings 7.03 times. The ratio improved significantly in 2021 to 14.88, demonstrating a stronger ability to meet interest obligations. This trend continued in 2022 with a further increase to 15.63, showcasing better financial health. However, there was a slight decline in 2023 to 7.97, although the company was still able to cover its interest charges comfortably. In 2024, the ratio decreased again to 7.64, suggesting some potential concerns about the company's ability to service its debt. Overall, the interest coverage ratio for Amkor Technology Inc has exhibited variability but generally indicates a reasonable capacity to manage its interest obligations, with occasional fluctuations in performance.