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
                            1.53
                        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
                            1.19
                        Diodes Incorporated
                            DIOD
                            1.33
                        Enphase Energy Inc
                            ENPH
                            3.90