Icon Offshore Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Icon Offshore Berhad has a total shareholder equity of MYR377.3M and total debt of MYR248.8M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are MYR726.1M and MYR348.8M respectively. Icon Offshore Berhad's EBIT is MYR20.8M making its interest coverage ratio 1. It has cash and short-term investments of MYR147.4M.
Key information
65.9%
Debt to equity ratio
RM248.80m
Debt
| Interest coverage ratio | 1x |
| Cash | RM147.36m |
| Equity | RM377.33m |
| Total liabilities | RM348.77m |
| Total assets | RM726.10m |
Recent financial health updates
These 4 Measures Indicate That Icon Offshore Berhad (KLSE:ICON) Is Using Debt Extensively
Mar 03
We Think Icon Offshore Berhad (KLSE:ICON) Is Taking Some Risk With Its Debt
Oct 11We Think Icon Offshore Berhad (KLSE:ICON) Is Taking Some Risk With Its Debt
Jul 01These 4 Measures Indicate That Icon Offshore Berhad (KLSE:ICON) Is Using Debt Extensively
Jan 17Icon Offshore Berhad (KLSE:ICON) Has A Somewhat Strained Balance Sheet
Oct 07Icon Offshore Berhad (KLSE:ICON) Has A Somewhat Strained Balance Sheet
Oct 11Recent updates
Icon Offshore Berhad (KLSE:ICON) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Mar 15These 4 Measures Indicate That Icon Offshore Berhad (KLSE:ICON) Is Using Debt Extensively
Mar 03After Leaping 28% Icon Offshore Berhad (KLSE:ICON) Shares Are Not Flying Under The Radar
Jan 21Calculating The Intrinsic Value Of Icon Offshore Berhad (KLSE:ICON)
Jan 05We Think Icon Offshore Berhad (KLSE:ICON) Is Taking Some Risk With Its Debt
Oct 11Estimating The Intrinsic Value Of Icon Offshore Berhad (KLSE:ICON)
Sep 18Icon Offshore Berhad (KLSE:ICON) Has More To Do To Multiply In Value Going Forward
Aug 22We Think Icon Offshore Berhad (KLSE:ICON) Is Taking Some Risk With Its Debt
Jul 01The Return Trends At Icon Offshore Berhad (KLSE:ICON) Look Promising
May 16A Look At The Intrinsic Value Of Icon Offshore Berhad (KLSE:ICON)
Mar 10These 4 Measures Indicate That Icon Offshore Berhad (KLSE:ICON) Is Using Debt Extensively
Jan 17Estimating The Fair Value Of Icon Offshore Berhad (KLSE:ICON)
Nov 26Icon Offshore Berhad (KLSE:ICON) Has A Somewhat Strained Balance Sheet
Oct 07Icon Offshore Berhad (KLSE:ICON) Is Experiencing Growth In Returns On Capital
Jul 20Investors Continue Waiting On Sidelines For Icon Offshore Berhad (KLSE:ICON)
May 17Returns On Capital Are Showing Encouraging Signs At Icon Offshore Berhad (KLSE:ICON)
Dec 13Icon Offshore Berhad (KLSE:ICON) Has A Somewhat Strained Balance Sheet
Oct 11Be Wary Of Icon Offshore Berhad (KLSE:ICON) And Its Returns On Capital
Aug 02Icon Offshore Berhad (KLSE:ICON) Seems To Use Debt Quite Sensibly
May 07Can Icon Offshore Berhad (KLSE:ICON) Continue To Grow Its Returns On Capital?
Mar 15We're Not So Sure You Should Rely on Icon Offshore Berhad's (KLSE:ICON) Statutory Earnings
Feb 08Icon Offshore Berhad (KLSE:ICON) Has A Pretty Healthy Balance Sheet
Jan 04
What We Make Of Icon Offshore Berhad's (KLSE:ICON) Returns On Capital
Nov 30Financial Position Analysis
Short Term Liabilities: ICON's short term assets (MYR215.6M) do not cover its short term liabilities (MYR325.2M).
Long Term Liabilities: ICON's short term assets (MYR215.6M) exceed its long term liabilities (MYR23.5M).
Debt to Equity History and Analysis
Debt Level: ICON's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: ICON's debt to equity ratio has reduced from 923.4% to 65.9% over the past 5 years.
Debt Coverage: ICON's debt is well covered by operating cash flow (32.7%).
Interest Coverage: ICON's interest payments on its debt are not well covered by EBIT (1x coverage).