Amkor Technology Inc (AMKR)
Financial leverage ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
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Total assets | US$ in thousands | 6,944,330 | 7,029,090 | 6,865,550 | 6,685,070 | 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 |
Total stockholders’ equity | US$ in thousands | 4,149,540 | 4,163,620 | 4,049,660 | 3,997,130 | 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 |
Financial leverage ratio | 1.67 | 1.69 | 1.70 | 1.67 | 1.71 | 1.75 | 1.78 | 1.78 | 1.86 | 1.92 | 2.00 | 2.01 | 2.05 | 2.11 | 2.18 | 2.08 | 2.16 | 2.34 | 2.45 | 2.37 |
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 declining from 2.37 in March 2020 to 1.67 in December 2024. This indicates that the company's reliance on debt to finance its operations has been reducing over the years, which could be a positive signal for investors and creditors. A decreasing trend in financial leverage ratio suggests that the company is becoming less risky in terms of its debt obligations and may have better financial stability. It is essential for stakeholders to monitor this ratio to assess the company's ability to meet its debt obligations and to ensure sustainable financial health in the long term.
Peer comparison
Dec 31, 2024