ICON Properties Balance Sheet Health
Financial Health criteria checks 6/6
ICON Properties has a total shareholder equity of MWK130.6B and total debt of MWK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MWK132.2B and MWK1.6B respectively. ICON Properties's EBIT is MWK2.8B making its interest coverage ratio -1.1. It has cash and short-term investments of MWK15.3B.
Key information
0%
Debt to equity ratio
MK 0
Debt
| Interest coverage ratio | -1.1x |
| Cash | MK 15.34b |
| Equity | MK 130.60b |
| Total liabilities | MK 1.60b |
| Total assets | MK 132.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICON's short term assets (MWK18.4B) exceed its short term liabilities (MWK1.2B).
Long Term Liabilities: ICON's short term assets (MWK18.4B) exceed its long term liabilities (MWK364.1M).
Debt to Equity History and Analysis
Debt Level: ICON is debt free.
Reducing Debt: ICON had no debt 5 years ago.
Debt Coverage: ICON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICON has no debt, therefore coverage of interest payments is not a concern.