ICON Balance Sheet Health
Financial Health criteria checks 4/6
ICON has a total shareholder equity of $9.6B and total debt of $3.4B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are $17.0B and $7.4B respectively. ICON's EBIT is $1.1B making its interest coverage ratio 3.9. It has cash and short-term investments of $506.6M.
Key information
35.9%
Debt to equity ratio
US$3.44b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$506.55m |
| Equity | US$9.59b |
| Total liabilities | US$7.38b |
| Total assets | US$16.97b |
Recent financial health updates
We Think ICON (NASDAQ:ICLR) Can Stay On Top Of Its Debt
Aug 25
ICON (NASDAQ:ICLR) Has A Pretty Healthy Balance Sheet
May 14These 4 Measures Indicate That ICON (NASDAQ:ICLR) Is Using Debt Reasonably Well
Jan 23Is ICON (NASDAQ:ICLR) Using Too Much Debt?
Sep 23Is ICON (NASDAQ:ICLR) Using Too Much Debt?
Jun 12Is ICON (NASDAQ:ICLR) Using Too Much Debt?
Mar 11Recent updates
We Think ICON (NASDAQ:ICLR) Can Stay On Top Of Its Debt
Aug 25An Intrinsic Calculation For ICON Public Limited Company (NASDAQ:ICLR) Suggests It's 28% Undervalued
Aug 10ICON: Deleveraging Complete, Now See 18% CAGR In Valuation To FY'26E (Rating Upgrade)
Jul 13Earnings Tell The Story For ICON Public Limited Company (NASDAQ:ICLR)
Jun 14Here's Why We Think ICON (NASDAQ:ICLR) Is Well Worth Watching
May 30ICON (NASDAQ:ICLR) Has A Pretty Healthy Balance Sheet
May 14ICON Public Limited Company Just Recorded A 8.9% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 28What Does ICON Public Limited Company's (NASDAQ:ICLR) Share Price Indicate?
Apr 21ICON Public Limited Company's (NASDAQ:ICLR) Intrinsic Value Is Potentially 33% Above Its Share Price
Apr 05ICON Public Limited Company (NASDAQ:ICLR) Looks Just Right With A 27% Price Jump
Mar 05With EPS Growth And More, ICON (NASDAQ:ICLR) Makes An Interesting Case
Feb 07ICON: Will The Huge Acquisition Of PRA Continue To Create Synergies?
Feb 01These 4 Measures Indicate That ICON (NASDAQ:ICLR) Is Using Debt Reasonably Well
Jan 23Is It Too Late To Consider Buying ICON Public Limited Company (NASDAQ:ICLR)?
Jan 08What You Can Learn From ICON Public Limited Company's (NASDAQ:ICLR) P/E
Dec 24A Look At The Fair Value Of ICON Public Limited Company (NASDAQ:ICLR)
Dec 09With EPS Growth And More, ICON (NASDAQ:ICLR) Makes An Interesting Case
Nov 08Why ICON Public Limited Company (NASDAQ:ICLR) Could Be Worth Watching
Oct 09Is ICON (NASDAQ:ICLR) Using Too Much Debt?
Sep 23Calculating The Fair Value Of ICON Public Limited Company (NASDAQ:ICLR)
Sep 05Does ICON (NASDAQ:ICLR) Deserve A Spot On Your Watchlist?
Aug 03Is It Too Late To Consider Buying ICON Public Limited Company (NASDAQ:ICLR)?
Jun 30Is ICON (NASDAQ:ICLR) Using Too Much Debt?
Jun 12Calculating The Fair Value Of ICON Public Limited Company (NASDAQ:ICLR)
May 23Should You Think About Buying ICON Public Limited Company (NASDAQ:ICLR) Now?
Mar 29Is ICON (NASDAQ:ICLR) Using Too Much Debt?
Mar 11Are Investors Undervaluing ICON Public Limited Company (NASDAQ:ICLR) By 28%?
Feb 21Why ICON Public Limited Company (NASDAQ:ICLR) Could Be Worth Watching
Dec 28These 4 Measures Indicate That ICON (NASDAQ:ICLR) Is Using Debt Reasonably Well
Dec 10Is ICON Public Limited Company (NASDAQ:ICLR) Trading At A 26% Discount?
Nov 22Icon selected by BARDA to conduct anthrax vaccine clinical trial
Oct 06Is ICON Public Limited Company (NASDAQ:ICLR) Potentially Undervalued?
Sep 15ICON (NASDAQ:ICLR) Seems To Use Debt Quite Sensibly
Aug 26Baron Funds - ICON Plc: Positioned For An Extended Period Of Revenue And Earnings Growth
Aug 11Are Investors Undervaluing ICON Public Limited Company (NASDAQ:ICLR) By 41%?
Aug 01Icon Q2 2022 Earnings Preview
Jul 26ICON (NASDAQ:ICLR) Has A Pretty Healthy Balance Sheet
May 11ICON Public Limited Company (NASDAQ:ICLR) Shares Could Be 30% Below Their Intrinsic Value Estimate
Apr 20Financial Position Analysis
Short Term Liabilities: ICLR's short term assets ($3.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: ICLR's short term assets ($3.6B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: ICLR's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: ICLR's debt to equity ratio has increased from 22.9% to 35.9% over the past 5 years.
Debt Coverage: ICLR's debt is well covered by operating cash flow (38.6%).
Interest Coverage: ICLR's interest payments on its debt are well covered by EBIT (3.9x coverage).