Amkor Free Cash Flow vs Depreciation Analysis
AMKR Stock | USD 26.40 0.07 0.26% |
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 Free Cash Flow and its Depreciation 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.
Free Cash Flow vs Depreciation
Free Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amkor Technology Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Amkor Technology's Free Cash Flow and Depreciation is 0.33. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation 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 Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Amkor Technology are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Amkor Technology's Free Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Depreciation
Depreciation indicates how much of Amkor Technology value has been used up. For tax purposes Amkor Technology can deduct the cost of the tangible assets it purchases as business expenses. However, Amkor Technology must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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 12/27/2024, 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 |
Amkor Technology fundamental ratios Correlations
Click cells to compare fundamentals
Amkor Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 411.3M | 446.2M | 359.7M | 300.7M | 255.8M | |
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 | 231.9M | 220.3M | |
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 | 138.9M | 105.3M | |
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 | 41.2M | 34.6M | 65.1M | 58.5M | 39.7M | |
Other Stockholder Equity | 1.7B | 1.7B | 1.8B | 1.8B | 1.8B | 1.5B | |
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 | 211.4M | 248.2M | 271.4M | 223.0M | 122.0M | |
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.Moving together with Amkor Stock
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.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.