Amkor Non Current Liabilities Total vs Property Plant And Equipment Gross Analysis

AMKR Stock  USD 26.35  0.99  3.90%   
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 Non Current Liabilities Total and its Property Plant And Equipment Gross 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 closely tied 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.

Non Current Liabilities Total vs Property Plant And Equipment Gross

Non Current Liabilities Total vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amkor Technology Non Current Liabilities Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Amkor Technology's Non Current Liabilities Total and Property Plant And Equipment Gross is 0.18. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Gross 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 Non Current Liabilities Total and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Amkor Technology are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Liabilities Total i.e., Amkor Technology's Non Current Liabilities Total and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Property Plant And Equipment Gross

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 closely tied 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 11/22/2024, 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 Profit1.2B1.3B943.2M629.3M
Total Revenue6.1B7.1B6.5B3.5B

Amkor Technology fundamental ratios Correlations

0.390.590.930.80.970.49-0.340.640.950.790.960.170.740.870.840.590.570.330.860.590.760.850.450.830.56
0.390.340.170.270.520.020.48-0.040.280.480.550.040.340.260.70.830.10.990.140.20.830.740.290.3-0.45
0.590.340.720.310.730.260.060.110.520.320.720.250.20.430.740.45-0.010.380.42-0.060.660.740.050.320.14
0.930.170.720.710.890.54-0.410.60.940.640.880.120.60.840.710.440.460.130.870.380.620.780.280.750.68
0.80.270.310.710.690.45-0.680.940.740.950.740.240.980.960.550.350.910.170.680.570.50.60.820.990.61
0.970.520.730.890.690.42-0.140.480.890.710.990.20.630.770.940.690.420.490.760.480.860.930.390.720.37
0.490.020.260.540.450.42-0.250.470.480.290.420.070.380.510.260.010.470.010.680.310.160.390.260.490.39
-0.340.480.06-0.41-0.68-0.14-0.25-0.86-0.36-0.53-0.17-0.14-0.64-0.630.090.34-0.740.58-0.36-0.260.220.08-0.56-0.64-0.84
0.64-0.040.110.60.940.480.47-0.860.60.820.520.220.910.880.280.030.94-0.150.620.540.180.320.790.920.75
0.950.280.520.940.740.890.48-0.360.60.70.880.050.660.860.70.570.520.210.910.520.680.790.320.790.63
0.790.480.320.640.950.710.29-0.530.820.70.760.170.970.90.650.490.820.360.560.490.620.680.810.950.46
0.960.550.720.880.740.990.42-0.170.520.880.760.230.680.80.940.690.480.510.760.50.870.940.450.770.37
0.170.040.250.120.240.20.07-0.140.220.050.170.230.20.10.20.090.230.030.130.340.130.10.380.17-0.06
0.740.340.20.60.980.630.38-0.640.910.660.970.680.20.90.530.370.930.230.570.540.490.560.880.970.53
0.870.260.430.840.960.770.51-0.630.880.860.90.80.10.90.60.40.80.180.790.540.560.70.630.980.68
0.840.70.740.710.550.940.260.090.280.70.650.940.20.530.60.780.270.690.540.360.950.930.340.570.1
0.590.830.450.440.350.690.010.340.030.570.490.690.090.370.40.780.140.810.380.310.930.820.220.4-0.19
0.570.1-0.010.460.910.420.47-0.740.940.520.820.480.230.930.80.270.14-0.010.520.560.220.310.90.890.57
0.330.990.380.130.170.490.010.58-0.150.210.360.510.030.230.180.690.81-0.010.090.160.820.720.180.2-0.53
0.860.140.420.870.680.760.68-0.360.620.910.560.760.130.570.790.540.380.520.090.630.490.670.240.740.65
0.590.2-0.060.380.570.480.31-0.260.540.520.490.50.340.540.540.360.310.560.160.630.340.360.410.580.33
0.760.830.660.620.50.860.160.220.180.680.620.870.130.490.560.950.930.220.820.490.340.950.30.54-0.05
0.850.740.740.780.60.930.390.080.320.790.680.940.10.560.70.930.820.310.720.670.360.950.310.650.14
0.450.290.050.280.820.390.26-0.560.790.320.810.450.380.880.630.340.220.90.180.240.410.30.310.760.26
0.830.30.320.750.990.720.49-0.640.920.790.950.770.170.970.980.570.40.890.20.740.580.540.650.760.63
0.56-0.450.140.680.610.370.39-0.840.750.630.460.37-0.060.530.680.1-0.190.57-0.530.650.33-0.050.140.260.63
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 Liab328.1M411.3M446.2M359.7M300.7M255.8M
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 Other21.3M50.6M39.3M102.3M138.9M105.3M
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 Assets34.6M41.2M34.6M65.1M58.5M39.7M
Other Stockholder Equity1.7B1.7B1.8B1.8B1.8B1.5B
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 Debt144.5M211.4M248.2M271.4M223.0M122.0M
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

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Moving against Amkor Stock

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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

Additional Tools for Amkor Stock Analysis

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.