Amkor Technology Inc (AMKR)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
Based on the provided data for Amkor Technology Inc, it is evident that the company has maintained a strong solvency position over the reporting periods. The solvency ratios indicate the company's ability to meet its long-term financial obligations and leverage its capital effectively.
1. Debt-to-assets ratio: This ratio measures the proportion of the company's assets financed by debt. With a consistent ratio of 0.00 across all periods, Amkor has effectively financed its assets without relying heavily on debt, signaling a low financial risk related to asset financing.
2. Debt-to-capital ratio: This ratio reflects the extent to which the company's operations are funded by debt in comparison to its total capital. Amkor's debt-to-capital ratio remained at 0.00 throughout, indicating that the company has not heavily relied on debt to fund its operations, maintaining a strong financial position.
3. Debt-to-equity ratio: This ratio compares the company's total debt to its total equity, providing insights into the company's capital structure. The consistent ratio of 0.00 signifies that Amkor has minimal debt relative to its equity, showcasing a balanced and secure capital structure.
4. Financial leverage ratio: This ratio measures the company's financial leverage, indicating the proportion of debt in the company's capital structure. The decreasing trend in the financial leverage ratio from 2.37 in March 2020 to 1.67 in December 2024 reflects a reduction in the company's reliance on debt to finance its operations, signifying improved financial stability and risk management.
Overall, the solvency ratios of Amkor Technology Inc demonstrate prudent financial management, minimal reliance on debt, and a strong capital structure, highlighting the company's ability to meet its financial obligations and sustain long-term growth.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 7.40 | 7.68 | 8.16 | 8.20 | 8.22 | 9.43 | 11.77 | 12.75 | 15.63 | 16.66 | 15.20 | 15.80 | 14.88 | 12.55 | 10.24 | 8.51 | 7.03 | 6.28 | 5.56 | 4.34 |
Amkor Technology Inc's interest coverage has displayed a generally improving trend from March 31, 2020, to September 30, 2022, indicating the company's ability to meet its interest payments comfortably. The interest coverage ratio has progressively increased from 4.34 to 16.66 during this period. This upward trend reflects the company's enhanced capacity to cover its interest expenses with its operating income.
However, starting from March 31, 2023, there has been a decline in the interest coverage ratio. This could suggest that Amkor Technology Inc may be facing a situation where its operating income is not growing sufficiently to cover its interest obligations as effectively as before. The downward trend in the interest coverage ratio warrants further investigation to understand the reasons behind this decline and whether it poses any risks to the company’s financial health.
Overall, while the company has shown a strong ability to cover its interest expenses in the past, the recent decrease in the interest coverage ratio could be a cause for concern and requires monitoring to ensure the company can continue to meet its debt obligations.