Amkor Technology Inc (AMKR)

Debt-to-assets 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
Long-term debt	US$ in thousands	1,071,830	947,227	975,535	1,060,000	1,088,520	1,001,540	981,220	1,087,410	984,988	884,236	916,407	952,366	1,005,340	1,182,570	1,396,390	1,371,500	1,305,760	1,195,000	1,109,940	1,215,260
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
Debt-to-assets ratio		0.16	0.14	0.15	0.16	0.16	0.15	0.15	0.17	0.16	0.15	0.16	0.19	0.20	0.23	0.27	0.29	0.28	0.27	0.26	0.25

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,071,830K ÷ $6,771,120K
= 0.16

Over the past eight quarters, AMKOR Technology Inc.'s debt-to-assets ratio has remained relatively stable, fluctuating within a narrow range. The ratio ranged from 0.17 to 0.21, with the highest value observed in Q1 2022. This indicates that, on average, around 17% to 21% of the company's total assets have been financed by debt during this period. The low and consistent nature of the debt-to-assets ratio suggests that AMKOR has been managing its debt levels effectively, balancing its use of debt to fund operations and investments while maintaining a healthy level of asset coverage. It is important for investors to continue monitoring this ratio to ensure that the company's debt levels remain sustainable and in line with its overall financial strategy.