GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Amkor Technology Inc (NAS:AMKR) » Definitions » Property, Plant and Equipment

Amkor Technology (Amkor Technology) Property, Plant and Equipment : $3,416 Mil (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Amkor Technology Property, Plant and Equipment?

Amkor Technology's quarterly net PPE declined from Jun. 2023 ($3,456 Mil) to Sep. 2023 ($3,451 Mil) and declined from Sep. 2023 ($3,451 Mil) to Dec. 2023 ($3,416 Mil).

Amkor Technology's annual net PPE increased from Dec. 2021 ($3,031 Mil) to Dec. 2022 ($3,307 Mil) and increased from Dec. 2022 ($3,307 Mil) to Dec. 2023 ($3,416 Mil).


Amkor Technology Property, Plant and Equipment Historical Data

The historical data trend for Amkor Technology's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amkor Technology Property, Plant and Equipment Chart

Amkor Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,553.40 2,713.24 3,030.80 3,306.78 3,416.45

Amkor Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,306.78 3,337.93 3,455.67 3,450.98 3,416.45

Amkor Technology Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Amkor Technology  (NAS:AMKR) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Amkor Technology Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Amkor Technology's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Amkor Technology (Amkor Technology) Business Description

Traded in Other Exchanges
Address
2045 East Innovation Circle, Tempe, AZ, USA, 85284
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.
Executives
Megan Faust officer: See Remarks 2045 E INNOVATION CIRCLE, TEMPE AZ 85284
Tily Gil Coleman officer: Corp VP & General Counsel 1900 S. PRICE ROAD, CHANDLER AZ 85248
Roger Anthony Carolin director 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Mark N Rogers officer: EVP & General Counsel 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Family Trust Under The Susan Y. Kim 2018-1 Irrevocable Trust Agreement Dtd. 8/29/18 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
2023 Grantor Retained Annuity Trust Of Susan Y. Kim Dated 9/15/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Family Trust Under The Susan Y. Kim 2020-1 Irrevocable Trust Agreement Dated 04/01/2020 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
James J Kim director, 10 percent owner, other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Agnes C Kim other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
915 Investments, Lp 10 percent owner, other: See Exhibit 99.1 915 MT. PLEASANT ROAD, BRYN MAWR PA 19010
Family Trust Under The John T. Kim 2018 Irrevocable Trust Agreement Dated 2/6/18 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Kevin Engel officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Sung Shin officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
2023 Grantor Retained Annuity Trust Of Agnes C. Kim Dated 4/26/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
2023 Grantor Retained Annuity Trust Of James J. Kim Dated 4/26/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713