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.