ICON Properties Balance Sheet Health
Financial Health criteria checks 6/6
ICON Properties has a total shareholder equity of MWK103.2B and total debt of MWK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MWK108.8B and MWK5.7B respectively. ICON Properties's EBIT is MWK2.4B making its interest coverage ratio -0.9. It has cash and short-term investments of MWK3.6B.
Key information
0%
Debt to equity ratio
MK0
Debt
Interest coverage ratio | -0.9x |
Cash | MK3.59b |
Equity | MK103.17b |
Total liabilities | MK5.65b |
Total assets | MK108.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICON's short term assets (MWK6.2B) exceed its short term liabilities (MWK1.8B).
Long Term Liabilities: ICON's short term assets (MWK6.2B) exceed its long term liabilities (MWK3.8B).
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.