Amkor Interest Expense vs Total Assets Analysis

AMKR Stock  USD 32.73  1.17  3.71%   
Amkor Technology financial indicator trend analysis is way more than just evaluating Amkor Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amkor Technology is a good investment. Please check the relationship between Amkor Technology Interest Expense and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amkor Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Amkor Stock, please use our How to Invest in Amkor Technology guide.

Interest Expense vs Total Assets

Interest Expense vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amkor Technology Interest Expense account and Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Amkor Technology's Interest Expense and Total Assets is 0.05. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Assets in the same time period over historical financial statements of Amkor Technology, assuming nothing else is changed. The correlation between historical values of Amkor Technology's Interest Expense and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Amkor Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Interest Expense i.e., Amkor Technology's Interest Expense and Total Assets go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Assets

Total assets refers to the total amount of Amkor Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amkor Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Amkor Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amkor Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amkor Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Amkor Stock, please use our How to Invest in Amkor Technology guide.As of 03/28/2024, Selling General Administrative is likely to drop to about 260.1 M. In addition to that, Tax Provision is likely to drop to about 62.2 M
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B943.2M629.3M
Total Revenue6.1B7.1B6.5B3.5B

Amkor Technology fundamental ratios Correlations

0.390.710.930.80.970.49-0.340.640.950.790.96-0.070.740.870.840.590.570.330.860.580.770.850.450.830.51
0.390.290.170.270.520.020.48-0.040.280.480.550.140.340.260.70.830.10.990.140.210.830.740.290.3-0.48
0.710.290.840.430.80.35-0.060.240.660.40.790.340.30.560.760.460.10.320.580.070.680.780.080.450.26
0.930.170.840.710.890.54-0.410.60.940.640.880.00.60.840.710.440.460.130.870.360.640.780.280.750.62
0.80.270.430.710.690.45-0.680.940.740.950.74-0.060.980.960.550.350.910.170.680.560.540.60.820.990.59
0.970.520.80.890.690.42-0.140.480.890.710.990.060.630.770.940.690.420.490.760.470.870.930.390.720.32
0.490.020.350.540.450.42-0.250.470.480.290.42-0.030.380.510.260.010.470.010.680.30.180.390.260.490.35
-0.340.48-0.06-0.41-0.68-0.14-0.25-0.86-0.36-0.53-0.170.22-0.64-0.630.090.34-0.740.58-0.36-0.250.170.08-0.56-0.64-0.87
0.64-0.040.240.60.940.480.47-0.860.60.820.52-0.120.910.880.280.030.94-0.150.620.530.230.320.790.920.74
0.950.280.660.940.740.890.48-0.360.60.70.88-0.170.660.860.70.570.520.210.910.510.680.790.320.790.55
0.790.480.40.640.950.710.29-0.530.820.70.76-0.110.970.90.650.490.820.360.560.480.670.680.810.950.45
0.960.550.790.880.740.990.42-0.170.520.880.760.090.680.80.940.690.480.510.760.490.880.940.450.770.32
-0.070.140.340.0-0.060.06-0.030.22-0.12-0.17-0.110.09-0.13-0.130.110.06-0.140.19-0.03-0.020.110.120.03-0.11-0.28
0.740.340.30.60.980.630.38-0.640.910.660.970.68-0.130.90.530.370.930.230.570.530.540.560.880.970.52
0.870.260.560.840.960.770.51-0.630.880.860.90.8-0.130.90.60.40.80.180.790.530.60.70.630.980.62
0.840.70.760.710.550.940.260.090.280.70.650.940.110.530.60.780.270.690.540.360.950.930.340.570.06
0.590.830.460.440.350.690.010.340.030.570.490.690.060.370.40.780.140.810.380.310.920.820.220.4-0.27
0.570.10.10.460.910.420.47-0.740.940.520.820.48-0.140.930.80.270.14-0.010.520.550.270.310.90.890.56
0.330.990.320.130.170.490.010.58-0.150.210.360.510.190.230.180.690.81-0.010.090.160.810.720.180.2-0.57
0.860.140.580.870.680.760.68-0.360.620.910.560.76-0.030.570.790.540.380.520.090.620.50.670.240.740.56
0.580.210.070.360.560.470.3-0.250.530.510.480.49-0.020.530.530.360.310.550.160.620.340.350.410.570.23
0.770.830.680.640.540.870.180.170.230.680.670.880.110.540.60.950.920.270.810.50.340.950.350.58-0.08
0.850.740.780.780.60.930.390.080.320.790.680.940.120.560.70.930.820.310.720.670.350.950.310.650.07
0.450.290.080.280.820.390.26-0.560.790.320.810.450.030.880.630.340.220.90.180.240.410.350.310.760.31
0.830.30.450.750.990.720.49-0.640.920.790.950.77-0.110.970.980.570.40.890.20.740.570.580.650.760.58
0.51-0.480.260.620.590.320.35-0.870.740.550.450.32-0.280.520.620.06-0.270.56-0.570.560.23-0.080.070.310.58
Click cells to compare fundamentals

Amkor Technology Account Relationship Matchups

Amkor Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.0B6.0B6.8B6.8B3.8B
Short Long Term Debt Total1.5B1.2B1.3B1.4B1.4B1.6B
Other Current Liab328.1M500.3M516.0M467.0M335.9M268.0M
Total Current Liabilities1.1B1.3B1.7B1.7B1.4B870.9M
Total Stockholder Equity2.0B2.3B2.9B3.7B4.0B4.2B
Property Plant And Equipment Net2.6B2.7B3.0B3.3B3.4B2.0B
Current Deferred Revenue16.2M30.3M117.7M81.5M71.1M56.0M
Net Debt646.4M540.8M459.4M420.0M264.5M251.3M
Retained Earnings234.1M562.5M1.2B1.9B2.2B2.3B
Accounts Payable571.1M636.4M828.7M899.2M754.5M428.1M
Cash894.9M698.0M826.7M959.1M1.1B1.2B
Non Current Assets Total2.7B2.9B3.2B3.5B3.6B2.5B
Non Currrent Assets Other21.3M50.6M39.3M102.3M64.5M105.5M
Cash And Short Term Investments894.9M831.8M1.1B1.2B1.6B1.7B
Net Receivables850.8M962.6M1.3B1.4B1.1B1.2B
Common Stock Total Equity287K289K290K291K334.7K230.4K
Common Stock Shares Outstanding240.1M242.2M245.7M246.2M247.2M229.6M
Liabilities And Stockholders Equity4.7B5.0B6.0B6.8B6.8B3.8B
Non Current Liabilities Total1.6B1.4B1.4B1.5B1.4B1.7B
Inventory220.6M297.3M485.0M629.6M393.1M229.0M
Other Current Assets34.6M40.2M33.6M65.1M58.5M39.7M
Other Stockholder Equity1.7B1.7B1.8B1.8B1.8B1.6B
Total Liab2.7B2.7B3.1B3.1B2.8B2.5B
Property Plant And Equipment Gross2.4B2.7B3.0B3.3B10.1B10.6B
Total Current Assets2.0B2.1B2.9B3.3B3.2B3.4B
Accumulated Other Comprehensive Income19.1M27.3M20.0M16.7M16.3M17.2M
Short Term Debt144.5M149.0M217.2M214.8M223.0M114.8M
Common Stock287K289K290K291K292K233.8K
Good Will26.0M27.3M24.5M21.5M20.0M19.0M
Other Liab234.6M262.6M317.3M240.5M276.6M195.4M
Other Assets114.7M296.1M126.7M192.2M221.1M121.0M
Long Term Debt1.3B1.0B985.0M1.1B1.1B1.2B
Property Plant Equipment2.6B2.7B3.0B3.3B3.8B2.1B
Net Tangible Assets1.9B2.3B2.9B3.6B4.2B4.4B
Noncontrolling Interest In Consolidated Entity26.5M28.3M30.3M30.9M35.6M20.6M
Retained Earnings Total Equity234.1M562.5M1.2B1.9B2.2B2.3B
Capital Surpluse1.9B2.0B2.0B2.0B2.3B2.0B

Pair Trading with Amkor Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amkor Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amkor Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amkor Stock

  0.83MCHP Microchip Technology Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to Amkor Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amkor Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amkor Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amkor Technology to buy it.
The correlation of Amkor Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amkor Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amkor Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amkor Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Amkor Technology is a strong investment it is important to analyze Amkor Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amkor Technology's future performance. For an informed investment choice regarding Amkor Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amkor Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Amkor Stock, please use our How to Invest in Amkor Technology guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Amkor Technology's price analysis, check to measure Amkor Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amkor Technology is operating at the current time. Most of Amkor Technology's value examination focuses on studying past and present price action to predict the probability of Amkor Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amkor Technology's price. Additionally, you may evaluate how the addition of Amkor Technology to your portfolios can decrease your overall portfolio volatility.
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Is Amkor Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amkor Technology. If investors know Amkor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amkor Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.304
Earnings Share
1.46
Revenue Per Share
26.475
Quarterly Revenue Growth
(0.08)
The market value of Amkor Technology is measured differently than its book value, which is the value of Amkor that is recorded on the company's balance sheet. Investors also form their own opinion of Amkor Technology's value that differs from its market value or its book value, called intrinsic value, which is Amkor Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amkor Technology's market value can be influenced by many factors that don't directly affect Amkor Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amkor Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amkor Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amkor Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.