Amkor Technology Inc (AMKR)

Financial leverage 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
Total assets	US$ in thousands	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	4,695,620	4,405,930	4,309,280	4,847,190
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
Financial leverage ratio		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	2.39	2.37	2.39	2.68

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,771,120K ÷ $3,962,310K
= 1.71

The financial leverage ratio of AMKOR Technology Inc. has exhibited a decreasing trend over the past eight quarters, starting at 2.01 in Q1 2022 and declining to 1.71 in Q4 2023. This indicates that the company's reliance on debt has been gradually decreasing relative to its equity over this period.

A financial leverage ratio below 2 suggests that the company is financing a portion of its assets through equity rather than debt. The decreasing trend in the ratio may indicate that the company has been reducing its debt levels or increasing its equity levels, which can be seen as a positive sign of financial health and stability.

Overall, the decreasing financial leverage ratio of AMKOR Technology Inc. suggests a conservative approach to capital structure and a decreasing reliance on debt financing, which may enhance the company's financial flexibility and reduce its financial risk in the long run.