Amkor Technology Inc (AMKR)

Debt-to-capital 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 stockholders’ equity US$ in thousands 3,962,310 3,846,690 3,732,150 3,696,480 3,668,750 3,487,350 3,196,300 3,096,120 2,942,280 2,730,010 2,554,250 2,433,920 2,325,700 2,194,620 2,089,400 2,031,520 1,963,740 1,861,640 1,805,310 1,807,010
Debt-to-capital ratio 0.21 0.20 0.21 0.22 0.23 0.22 0.23 0.26 0.25 0.24 0.26 0.28 0.30 0.35 0.40 0.40 0.40 0.39 0.38 0.40

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,071,830K ÷ ($1,071,830K + $3,962,310K)
= 0.21

AMKOR Technology Inc.'s debt-to-capital ratio has been relatively stable over the past eight quarters, fluctuating within the range of 0.23 to 0.29. The ratio indicates that the company's total debt represents between 23% and 29% of its total capital structure, with the majority of its capital being equity.

The slight variations in the debt-to-capital ratio suggest that the company has been managing its debt levels effectively and maintaining a balanced capital structure. A lower ratio indicates lower financial risk and greater financial stability, as it shows that the company relies more on equity financing rather than debt. Conversely, a higher ratio could indicate a higher level of financial leverage and risk.

Overall, AMKOR Technology Inc.'s consistent debt-to-capital ratio within a narrow range suggests a prudent approach to debt management and a relatively stable financial position over the analyzed periods. However, trends over a longer period should be examined to gain a more comprehensive understanding of the company's debt management strategies and financial health.