Icon Energy Balance Sheet Health
Financial Health criteria checks 5/6
Icon Energy has a total shareholder equity of $9.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.9M and $3.7M respectively. Icon Energy's EBIT is $1.1M making its interest coverage ratio -20.8. It has cash and short-term investments of $2.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -20.8x |
Cash | US$2.70m |
Equity | US$9.17m |
Total liabilities | US$3.71m |
Total assets | US$12.88m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ICON's short term assets ($3.0M) do not cover its short term liabilities ($3.7M).
Long Term Liabilities: ICON has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ICON is debt free.
Reducing Debt: ICON has not had any debt for past 5 years.
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.