Iconic Worldwide Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Iconic Worldwide Berhad has a total shareholder equity of MYR172.9M and total debt of MYR98.0M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are MYR294.7M and MYR121.7M respectively.
Key information
56.7%
Debt to equity ratio
RM 97.97m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 36.26m |
| Equity | RM 172.92m |
| Total liabilities | RM 121.75m |
| Total assets | RM 294.67m |
Recent financial health updates
Is Iconic Worldwide Berhad (KLSE:ICONIC) Using Too Much Debt?
Nov 05
Iconic Worldwide Berhad (KLSE:ICONIC) Seems To Be Using A Lot Of Debt
Apr 28Does Iconic Worldwide Berhad (KLSE:ICONIC) Have A Healthy Balance Sheet?
Sep 01Recent updates
Is Iconic Worldwide Berhad (KLSE:ICONIC) Using Too Much Debt?
Nov 05Optimistic Investors Push Iconic Worldwide Berhad (KLSE:ICONIC) Shares Up 30% But Growth Is Lacking
May 07Potential Upside For Iconic Worldwide Berhad (KLSE:ICONIC) Not Without Risk
Feb 07Iconic Worldwide Berhad (KLSE:ICONIC) Seems To Be Using A Lot Of Debt
Apr 28Returns At Iconic Worldwide Berhad (KLSE:ICONIC) Are On The Way Up
Feb 10Returns On Capital Are Showing Encouraging Signs At Iconic Worldwide Berhad (KLSE:ICONIC)
Oct 31We Think Some Shareholders May Hesitate To Increase Iconic Worldwide Berhad's (KLSE:ICONIC) CEO Compensation
Sep 22Does Iconic Worldwide Berhad (KLSE:ICONIC) Have A Healthy Balance Sheet?
Sep 01Iconic Worldwide Berhad (KLSE:ICONIC) Is Looking To Continue Growing Its Returns On Capital
Jun 03Iconic Worldwide Berhad's (KLSE:ICONIC) Price Is Out Of Tune With Earnings
Aug 23Investors Will Want Iconic Worldwide Berhad's (KLSE:ICONIC) Growth In ROCE To Persist
Jun 06Will the Promising Trends At Iconic Worldwide Berhad (KLSE:ICONIC) Continue?
Feb 28Can You Imagine How Jubilant Iconic Worldwide Berhad's (KLSE:ICONIC) Shareholders Feel About Its 296% Share Price Gain?
Jan 19
We're Not Counting On Iconic Worldwide Berhad (KLSE:ICONIC) To Sustain Its Statutory Profitability
Dec 15Financial Position Analysis
Short Term Liabilities: ICONIC's short term assets (MYR82.2M) exceed its short term liabilities (MYR40.0M).
Long Term Liabilities: ICONIC's short term assets (MYR82.2M) exceed its long term liabilities (MYR81.7M).
Debt to Equity History and Analysis
Debt Level: ICONIC's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: ICONIC's debt to equity ratio has increased from 4.8% to 56.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ICONIC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ICONIC has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 0.4% each year.