Amkor Technology Inc (AMKR)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 6,944,330 | 6,771,120 | 6,821,760 | 6,038,550 | 5,022,310 |
Total stockholders’ equity | US$ in thousands | 4,149,540 | 3,962,310 | 3,668,750 | 2,942,280 | 2,325,700 |
Financial leverage ratio | 1.67 | 1.71 | 1.86 | 2.05 | 2.16 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,944,330K ÷ $4,149,540K
= 1.67
The financial leverage ratio of Amkor Technology Inc has been gradually decreasing over the years, from 2.16 in December 2020 to 1.67 in December 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and growth. A lower financial leverage ratio suggests that the company is becoming less leveraged and potentially more financially stable. This trend may be viewed positively by investors and creditors, as it signifies a healthier balance between debt and equity in the company's capital structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Amkor Technology Inc
AMKR
1.67
ADEIA CORP
ADEA
2.77
Advanced Micro Devices Inc
AMD
1.20
Allegro Microsystems Inc
ALGM
1.35
Alpha and Omega Semiconductor Ltd
AOSL
1.28
Analog Devices Inc
ADI
1.37
Applied Materials Inc
AMAT
1.81
Broadcom Inc
AVGO
2.45
CEVA Inc
CEVA
1.16
Cirrus Logic Inc
CRUS
1.23
Diodes Incorporated
DIOD
1.33