Icahn Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Icahn Enterprises has a total shareholder equity of $6.1B and total debt of $7.1B, which brings its debt-to-equity ratio to 117.5%. Its total assets and total liabilities are $20.9B and $14.8B respectively. Icahn Enterprises's EBIT is $11.0M making its interest coverage ratio 0. It has cash and short-term investments of $3.0B.
Key information
117.5%
Debt to equity ratio
US$7.14b
Debt
| Interest coverage ratio | 0.02x |
| Cash | US$2.95b |
| Equity | US$6.07b |
| Total liabilities | US$14.79b |
| Total assets | US$20.86b |
Recent financial health updates
No updates
Recent updates
Tracking Carl Icahn's 13F Report - Q4 2023 Update
Mar 04Icahn Enterprises: Refinancing And NAV Drop Accentuate Risks For Distribution
Feb 25Icahn Enterprises: Collapsed Market Cap, Halved Distribution, This Is Not A Buy
Jan 10Tracking Carl Icahn's Portfolio - Q2 2022 Update
Oct 07Icahn Enterprises: Sustainable Dividend And Improving Fundamentals
Sep 16Icahn Enterprises Q2 2022 Earnings Preview
Aug 04Tracking Carl Icahn's Portfolio - Q1 2022 Update
Jun 13Tracking Carl Icahn's Portfolio - Q4 2021 Update
Apr 05Owning Icahn Enterprises Partnership Units Is A Very Complex Investment
Mar 20Tracking Carl Icahn's Portfolio - Q3 2021 Update
Jan 06Is It Too Late To Consider Buying Icahn Enterprises L.P. (NASDAQ:IEP)?
Dec 15
Icahn Enterprises: A 15% Yield To Turn A Small Investment Into A Big One
Nov 18Shareholders In Icahn Enterprises (NASDAQ:IEP) Should Look Beyond Earnings For The Full Story
Nov 09Icahn Enterprises: 14.05% Yield Worth A Look For An Income Investor
Oct 25Dividend Sleuthing: Icahn Enterprises L.P.
Oct 18Tracking Carl Icahn's Portfolio - Q2 2021 Update
Oct 07Icahn Enterprises: 16% Dividend Yield And Market Correction Protection
Sep 29Icahn Enterprises Likely To Maintain Dividends As Economy Rebounds
Jul 27Tracking Carl Icahn's Portfolio - Q1 2021 Update
May 27Icahn Enterprises EPS beats by $0.66, misses on revenue
May 07Icahn Enterprises' (NASDAQ:IEP) Stock Price Has Reduced 13% In The Past Year
Jan 28Icahn Enterprises to offer notes through private placement
Jan 04Icahn Enterprises: Too High A Premium For Genius
Dec 22What We Learned About Icahn Enterprises' (NASDAQ:IEP) CEO Pay
Dec 04
Icahn Enterprises Is The Ultimate Contrarian Income Investment
Nov 19Tracking Carl Icahn's Portfolio - Q3 2020 Update
Nov 17Icahn Enterprises reports Q3 results
Nov 06Financial Position Analysis
Short Term Liabilities: IEP's short term assets ($11.9B) exceed its short term liabilities ($6.7B).
Long Term Liabilities: IEP's short term assets ($11.9B) exceed its long term liabilities ($8.1B).
Debt to Equity History and Analysis
Debt Level: IEP's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: IEP's debt to equity ratio has increased from 56% to 117.5% 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: Whilst unprofitable IEP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IEP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.4% per year.