Amkor Quick Ratio vs Operating Income 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 Quick Ratio and its Operating Income 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.

Quick Ratio vs Operating Income

Quick Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amkor Technology Quick Ratio account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Amkor Technology's Quick Ratio and Operating Income is 0.5. Overlapping area represents the amount of variation of Quick Ratio that can explain the historical movement of Operating Income 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 Quick Ratio and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Quick Ratio of Amkor Technology are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Quick Ratio i.e., Amkor Technology's Quick Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.

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.
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

Amkor Technology Investors Sentiment

The influence of Amkor Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Amkor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Amkor Technology's public news can be used to forecast risks associated with an investment in Amkor. The trend in average sentiment can be used to explain how an investor holding Amkor can time the market purely based on public headlines and social activities around Amkor Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Amkor Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Amkor Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Amkor Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Amkor Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amkor Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amkor Technology's short interest history, or implied volatility extrapolated from Amkor Technology options trading.

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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.