Amkor Operating Income vs Accounts Payable Analysis

AMKR Stock

USD 28.50 0.47 1.62%

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 Operating Income and its Accounts Payable 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.

Operating Income vs Accounts Payable

Operating Income vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amkor Technology Operating Income account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Amkor Technology's Operating Income and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Accounts Payable 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 Operating Income and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Amkor Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Operating Income i.e., Amkor Technology's Operating Income and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Amkor Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Amkor Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Accounts Payable

An accounting item on the balance sheet that represents Amkor Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Amkor Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 04/19/2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Selling General Administrative is likely to drop slightly above 260.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.3B	943.2M	629.3M
Total Revenue	6.1B	7.1B	6.5B	3.5B

Gross Profit Total Revenue

Amkor Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.39	0.71	0.93	0.8	0.97	0.49	-0.34	0.64	0.95	0.79	0.96	-0.07	0.74	0.87	0.84	0.59	0.57	0.33	0.86	0.58	0.77	0.85	0.45	0.83	0.51
Short Long Term Debt Total	0.39		0.29	0.17	0.27	0.52	0.02	0.48	-0.04	0.28	0.48	0.55	0.14	0.34	0.26	0.7	0.83	0.1	0.99	0.14	0.21	0.83	0.74	0.29	0.3	-0.48
Other Current Liab	0.71	0.29		0.84	0.43	0.8	0.35	-0.06	0.24	0.66	0.4	0.79	0.34	0.3	0.56	0.76	0.46	0.1	0.32	0.58	0.07	0.68	0.78	0.08	0.45	0.26
Total Current Liabilities	0.93	0.17	0.84		0.71	0.89	0.54	-0.41	0.6	0.94	0.64	0.88	0.0	0.6	0.84	0.71	0.44	0.46	0.13	0.87	0.36	0.64	0.78	0.28	0.75	0.62
Total Stockholder Equity	0.8	0.27	0.43	0.71		0.69	0.45	-0.68	0.94	0.74	0.95	0.74	-0.06	0.98	0.96	0.55	0.35	0.91	0.17	0.68	0.56	0.54	0.6	0.82	0.99	0.59
Property Plant And Equipment Net	0.97	0.52	0.8	0.89	0.69		0.42	-0.14	0.48	0.89	0.71	0.99	0.06	0.63	0.77	0.94	0.69	0.42	0.49	0.76	0.47	0.87	0.93	0.39	0.72	0.32
Current Deferred Revenue	0.49	0.02	0.35	0.54	0.45	0.42		-0.25	0.47	0.48	0.29	0.42	-0.03	0.38	0.51	0.26	0.01	0.47	0.01	0.68	0.3	0.18	0.39	0.26	0.49	0.35
Net Debt	-0.34	0.48	-0.06	-0.41	-0.68	-0.14	-0.25		-0.86	-0.36	-0.53	-0.17	0.22	-0.64	-0.63	0.09	0.34	-0.74	0.58	-0.36	-0.25	0.17	0.08	-0.56	-0.64	-0.87
Retained Earnings	0.64	-0.04	0.24	0.6	0.94	0.48	0.47	-0.86		0.6	0.82	0.52	-0.12	0.91	0.88	0.28	0.03	0.94	-0.15	0.62	0.53	0.23	0.32	0.79	0.92	0.74
Accounts Payable	0.95	0.28	0.66	0.94	0.74	0.89	0.48	-0.36	0.6		0.7	0.88	-0.17	0.66	0.86	0.7	0.57	0.52	0.21	0.91	0.51	0.68	0.79	0.32	0.79	0.55
Cash	0.79	0.48	0.4	0.64	0.95	0.71	0.29	-0.53	0.82	0.7		0.76	-0.11	0.97	0.9	0.65	0.49	0.82	0.36	0.56	0.48	0.67	0.68	0.81	0.95	0.45
Non Current Assets Total	0.96	0.55	0.79	0.88	0.74	0.99	0.42	-0.17	0.52	0.88	0.76		0.09	0.68	0.8	0.94	0.69	0.48	0.51	0.76	0.49	0.88	0.94	0.45	0.77	0.32
Non Currrent Assets Other	-0.07	0.14	0.34	0.0	-0.06	0.06	-0.03	0.22	-0.12	-0.17	-0.11	0.09		-0.13	-0.13	0.11	0.06	-0.14	0.19	-0.03	-0.02	0.11	0.12	0.03	-0.11	-0.28
Cash And Short Term Investments	0.74	0.34	0.3	0.6	0.98	0.63	0.38	-0.64	0.91	0.66	0.97	0.68	-0.13		0.9	0.53	0.37	0.93	0.23	0.57	0.53	0.54	0.56	0.88	0.97	0.52
Net Receivables	0.87	0.26	0.56	0.84	0.96	0.77	0.51	-0.63	0.88	0.86	0.9	0.8	-0.13	0.9		0.6	0.4	0.8	0.18	0.79	0.53	0.6	0.7	0.63	0.98	0.62
Common Stock Total Equity	0.84	0.7	0.76	0.71	0.55	0.94	0.26	0.09	0.28	0.7	0.65	0.94	0.11	0.53	0.6		0.78	0.27	0.69	0.54	0.36	0.95	0.93	0.34	0.57	0.06
Common Stock Shares Outstanding	0.59	0.83	0.46	0.44	0.35	0.69	0.01	0.34	0.03	0.57	0.49	0.69	0.06	0.37	0.4	0.78		0.14	0.81	0.38	0.31	0.92	0.82	0.22	0.4	-0.27
Short Term Investments	0.57	0.1	0.1	0.46	0.91	0.42	0.47	-0.74	0.94	0.52	0.82	0.48	-0.14	0.93	0.8	0.27	0.14		-0.01	0.52	0.55	0.27	0.31	0.9	0.89	0.56
Non Current Liabilities Total	0.33	0.99	0.32	0.13	0.17	0.49	0.01	0.58	-0.15	0.21	0.36	0.51	0.19	0.23	0.18	0.69	0.81	-0.01		0.09	0.16	0.81	0.72	0.18	0.2	-0.57
Inventory	0.86	0.14	0.58	0.87	0.68	0.76	0.68	-0.36	0.62	0.91	0.56	0.76	-0.03	0.57	0.79	0.54	0.38	0.52	0.09		0.62	0.5	0.67	0.24	0.74	0.56
Other Current Assets	0.58	0.21	0.07	0.36	0.56	0.47	0.3	-0.25	0.53	0.51	0.48	0.49	-0.02	0.53	0.53	0.36	0.31	0.55	0.16	0.62		0.34	0.35	0.41	0.57	0.23
Other Stockholder Equity	0.77	0.83	0.68	0.64	0.54	0.87	0.18	0.17	0.23	0.68	0.67	0.88	0.11	0.54	0.6	0.95	0.92	0.27	0.81	0.5	0.34		0.95	0.35	0.58	-0.08
Total Liab	0.85	0.74	0.78	0.78	0.6	0.93	0.39	0.08	0.32	0.79	0.68	0.94	0.12	0.56	0.7	0.93	0.82	0.31	0.72	0.67	0.35	0.95		0.31	0.65	0.07
Property Plant And Equipment Gross	0.45	0.29	0.08	0.28	0.82	0.39	0.26	-0.56	0.79	0.32	0.81	0.45	0.03	0.88	0.63	0.34	0.22	0.9	0.18	0.24	0.41	0.35	0.31		0.76	0.31
Total Current Assets	0.83	0.3	0.45	0.75	0.99	0.72	0.49	-0.64	0.92	0.79	0.95	0.77	-0.11	0.97	0.98	0.57	0.4	0.89	0.2	0.74	0.57	0.58	0.65	0.76		0.58
Short Term Debt	0.51	-0.48	0.26	0.62	0.59	0.32	0.35	-0.87	0.74	0.55	0.45	0.32	-0.28	0.52	0.62	0.06	-0.27	0.56	-0.57	0.56	0.23	-0.08	0.07	0.31	0.58

Click cells to compare fundamentals

Amkor Technology Account Relationship Matchups

Amkor Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7B	5.0B	6.0B	6.8B	6.8B	3.8B
Short Long Term Debt Total	1.5B	1.2B	1.3B	1.4B	1.4B	1.6B
Other Current Liab	328.1M	500.3M	516.0M	467.0M	335.9M	268.0M
Total Current Liabilities	1.1B	1.3B	1.7B	1.7B	1.4B	870.9M
Total Stockholder Equity	2.0B	2.3B	2.9B	3.7B	4.0B	4.2B
Property Plant And Equipment Net	2.6B	2.7B	3.0B	3.3B	3.4B	2.0B
Current Deferred Revenue	16.2M	30.3M	117.7M	81.5M	71.1M	56.0M
Net Debt	646.4M	540.8M	459.4M	420.0M	264.5M	251.3M
Retained Earnings	234.1M	562.5M	1.2B	1.9B	2.2B	2.3B
Accounts Payable	571.1M	636.4M	828.7M	899.2M	754.5M	428.1M
Cash	894.9M	698.0M	826.7M	959.1M	1.1B	1.2B
Non Current Assets Total	2.7B	2.9B	3.2B	3.5B	3.6B	2.5B
Non Currrent Assets Other	21.3M	50.6M	39.3M	102.3M	64.5M	105.5M
Cash And Short Term Investments	894.9M	831.8M	1.1B	1.2B	1.6B	1.7B
Net Receivables	850.8M	962.6M	1.3B	1.4B	1.1B	1.2B
Common Stock Total Equity	287K	289K	290K	291K	334.7K	230.4K
Common Stock Shares Outstanding	240.1M	242.2M	245.7M	246.2M	247.2M	229.6M
Liabilities And Stockholders Equity	4.7B	5.0B	6.0B	6.8B	6.8B	3.8B
Non Current Liabilities Total	1.6B	1.4B	1.4B	1.5B	1.4B	1.7B
Inventory	220.6M	297.3M	485.0M	629.6M	393.1M	229.0M
Other Current Assets	34.6M	40.2M	33.6M	65.1M	58.5M	39.7M
Other Stockholder Equity	1.7B	1.7B	1.8B	1.8B	1.8B	1.6B
Total Liab	2.7B	2.7B	3.1B	3.1B	2.8B	2.5B
Property Plant And Equipment Gross	2.4B	2.7B	3.0B	3.3B	10.1B	10.6B
Total Current Assets	2.0B	2.1B	2.9B	3.3B	3.2B	3.4B
Accumulated Other Comprehensive Income	19.1M	27.3M	20.0M	16.7M	16.3M	17.2M
Short Term Debt	144.5M	149.0M	217.2M	214.8M	223.0M	114.8M
Common Stock	287K	289K	290K	291K	292K	233.8K
Good Will	26.0M	27.3M	24.5M	21.5M	20.0M	19.0M
Other Liab	234.6M	262.6M	317.3M	240.5M	276.6M	195.4M
Other Assets	114.7M	296.1M	126.7M	192.2M	221.1M	121.0M
Long Term Debt	1.3B	1.0B	985.0M	1.1B	1.1B	1.2B
Property Plant Equipment	2.6B	2.7B	3.0B	3.3B	3.8B	2.1B
Net Tangible Assets	1.9B	2.3B	2.9B	3.6B	4.2B	4.4B
Noncontrolling Interest In Consolidated Entity	26.5M	28.3M	30.3M	30.9M	35.6M	20.6M
Retained Earnings Total Equity	234.1M	562.5M	1.2B	1.9B	2.2B	2.3B
Capital Surpluse	1.9B	2.0B	2.0B	2.0B	2.3B	2.0B

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.

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 Correlation Correlation 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:

How To Invest In Amkor

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Is Amkor Stock a good investment?

Details

What is Amkor Technology's Net Worth?

Details

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.

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Amkor Operating Income vs Accounts Payable Analysis

Operating Income vs Accounts Payable

Operating Income vs Accounts Payable Correlation Analysis

Correlation Coefficient

Operating Income

Accounts Payable

Amkor Technology fundamental ratios Correlations

Amkor Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amkor Technology fundamental ratios Accounts

Pair Trading with Amkor Technology

Complementary Tools for Amkor Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Net Receivables
Property Plant And Equipment Net	+ 0.97	Total Assets

Short Term Debt	- 0.87	Net Debt
Retained Earnings	- 0.86	Net Debt
Short Term Investments	- 0.74	Net Debt
Net Debt	- 0.68	Total Stockholder Equity
Total Current Assets	- 0.64	Net Debt
Cash And Short Term Investments	- 0.64	Net Debt