ICON Balance Sheet Health
Financial Health criteria checks 4/6
ICON has a total shareholder equity of $9.4B and total debt of $3.5B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are $17.0B and $7.6B respectively. ICON's EBIT is $1.1B making its interest coverage ratio 3.5. It has cash and short-term investments of $400.9M.
Key information
37.1%
Debt to equity ratio
US$3.50b
Debt
Interest coverage ratio | 3.5x |
Cash | US$400.94m |
Equity | US$9.43b |
Total liabilities | US$7.62b |
Total assets | US$17.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IJF's short term assets ($3.6B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: IJF's short term assets ($3.6B) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: IJF's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: IJF's debt to equity ratio has increased from 24.6% to 37.1% over the past 5 years.
Debt Coverage: IJF's debt is well covered by operating cash flow (37.5%).
Interest Coverage: IJF's interest payments on its debt are well covered by EBIT (3.5x coverage).